Property Details
About this Property
A RARE INVESTMENT OPPORTUNITY TO ACQUIRE AN APPROVED MULTIFAMILY PROJECT IN CARMICHAEL. ZONED RD-10 AND READY TO DEVELOP. THE PROJECT IS CALLED VERDE CRUZ TOWNHOMES AND CONSISTS OF 17 3-STORY UNITS WITH A MIX OF THIRTEEN(13) 1936 SQ/FT UNITS AND FOUR(4) 2140 SQ/FT UNITS. THIS PROJECT GIVES A FLEXIBILITY OF BUILDING AND SELLING EACH INDIVIDUAL TOWNHOUSE OR RENTING OUT THE WHOLE PROJECT TO GENERATE AN IMPRESSIVE RENTAL INCOME FOR YEARS TO COME. CURRENT MARKET DEMAND IS STRONG FOR TOWNHOMES AND THIS PROJECT IS VERY ATTRACTIVE DUE TO THE AFFORDABILITY FACTOR AND GROWING RENTAL DEMAND IN THE REGION.
MLS Listing Information
MLS #
ME224113696
MLS Source
MetroList Services, Inc.
Days on Site
41
Lots & Land Information
Development Status
Other, Site Plan Approved, Subdivision - Possible, Tentative Map Approved, Topographical Map Available
Existing Structures
None
Present Use
Other, Residential, Subdivision
Utilities
Gas - Available at Street, Other, None, Other, Water - Public
Parking, School, and Other Information
Elementary District
San Juan Unified
High School District
San Juan Unified
Sewer
Public Sewer
Water
Public
HOA Fee
$0
Zoning
RD-10
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
4904 Manzanita Ave is in Carmichael, CA 95608. This Land is currently priced at $1,199,000. This address can also be written as 4904 Manzanita Ave, Carmichael, CA 95608.
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This listing information is up-to-date as of October 09, 2024. For the most current information, please contact Volodymyr Parashchak, (916) 342-4254
