3 months on rocket

705 W Fletcher Ave, Orange, CA, 92865

$3,200,000

0.72 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ViewNone
MLS #OC24187934
Lot Size0.72 Acres
StatusActive

About 705 W Fletcher Ave

Back on market: The property was in escrow with multiple offers and was in escrow at full asking price. Fell out with no fault to the seller. The seller will look at all reasonable offers. This vacant and mass-graded property, situated on 0.72 acres (31,200 SF) of flat land, offers a rare residential development opportunity in the highly sought-after City of Orange. The property is zoned R3, suitable for medium-density residential development with 6-15 dwelling units per acre, subject to buyer confirmation. All utilities are conveniently available on Fletcher Avenue. The site’s favorable topography and location within a well-established community make it ideal for a new residential project. Ideal opportunity to build Condos or apartments to re-sell or hold for cash flow. Conveniently located near key amenities, top schools, and the charming downtown Orange, this parcel is a prime canvas for developers looking to create housing in a thriving market. Fletcher Elementary School, Cerro Villa Middle School, and Villa Park High School as well as Chapman University, making it an attractive option. Take advantage of this opportunity to develop in a growing region of Orange County. Please inquire for more details on zoning and site development potential.

Property Details

Property Features

Listing Office:

  • Office Name: First Team Real Estate
  • Office Phone: (714) 926-9534
  • Listing Agent: Tom Aragone

Exterior Features

Exterior Information:

  • View: None

Lot Features

Lot Information:

  • Lot Size: 0.72 Acres

Other

Directions Information:

  • Directions: Located off W Fletcher & N Batavia

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,200,000

Tax Information:

  • Annual Amount: $422
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Orange, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$624

Avg. Days On Market

23

# of Sold Homes

54

705 W Fletcher Ave vs Orange

102 DAYS ON ROCKET

+79 Days

$3,200,000

+$2.1M More

KEY TAKEAWAY

This property is $2.1M more than the Median Sold Price in Orange, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #OC24187934

Listing Office:

  • Office Name: First Team Real Estate
  • Office Phone: (714) 926-9534
  • Listing Agent: Tom Aragone

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 2:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$422$38,459
2020$418$38,065
2019$406$37,319
2018$407$36,588
2017$389$35,871

History based on county public records data.

Payment Calculator

$16K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,660

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-850782
6
/10
  • Fletcher Elementary School

  • 515 W Fletcher Ave

  • 0.12 miles

  • Public District Grades KG-6

school-card-donut-850783
5
/10
  • Olive Elementary School

  • 3038 N Magnolia Ave

  • 1.11 miles

  • Public District Grades KG-6

school-card-donut-850784
4
/10
  • Rio Vista Elementary School

  • 310 N Rio Vista St

  • 1.12 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $87,393. The most common annual income of people living in Orange, CA is between $35k-100k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 705 W Fletcher Ave

What is the listing price of this property?

The listing price of 705 W Fletcher Ave property is $3,200,000.

What type of property is this?

The property 705 W Fletcher Ave is land located in Orange, California, 92865.

Is this property for sale now?

Active Listing: 705 W Fletcher Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $422 (source: MLS/based on county public records data).

How much acreage is this property?

The property 705 W Fletcher Ave is 0.72 acres.
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Rocket HomesCaliforniaOrange CountyOrange92865705 W Fletcher Ave

This home is located at 705 W Fletcher Ave in Orange, CA and zip code 92865. This home sits on a 0.72 acre lot. It has been listed on Rocket Homes since September 10, 2024 and is currently priced at $3,200,000.

While more than 19 listings in Orange, CA in November 2024 were sold above asking price, there were more than 11 listings sold at asking price, and more than 24 were sold below. In November 2024 in Orange, CA there were 19.8% less homes for sale than in October 2024. In November 2024 median list price was $1,076,000 and the average listing age was 23 days.

From Rocket Homes Real Estate and based on county public records data.

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