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 #
ME224113696
MLS Source
MetroList Services, Inc.
Days on Site
74
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
Elementary District
San Juan Unified
High School District
San Juan Unified
Sewer
Public Sewer
Water
Public
HOA Fee
$0
Zoning
RD-10
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.©2024 MetroList Services, Inc. All rights reserved. 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. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MetroList Services, Inc.
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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