4904 Manzanita Avenue
Carmichael, CA 95608
- – beds
- – baths
- – sqft
- ~2 acre lot
- – on site
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.
Listing courtesy of METROLIST / Lyon RE Fair Oaks
Last checked:
Checking…
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Last updated Nov 28, 2024
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MLS# 224113696 —
Location
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Directions:FROM HWY-80 HEADING EAST TO MADISON AVE EXIT. TAKE MADISON AVE EAST TO MANZANITA AVE. TAKE MANZANITA AVE SOUTH TO THE SITE LOCATION AT THE CORNER OF MANZANITA AVE AND BOURBON DR.
The Property
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Parcel Number:236-0254-009-0000
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Property Type:Land
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Property Sub Type:Residential Lot
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Lot Features:Corner,Public Trans Nearby,Secluded,Stream Seasonal
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Lot Size Acres:1.75
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Lot Size Square Feet:76230.0
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Lot Size Units:Acres
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Lot Size Source:Assessor Auto-Fill
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Topography:Gently Sloped,Trees,Gently Sloped,Trees
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Zoning:RD-10
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Zoning Description:Planned Unit Development,Residential
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Current Use:Residential,Subdivision,See Remarks
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Possible Use:Residential,Subdivision
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Crops:None
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Vegetation:Brush,Trees Many,Grassed
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Horse:false
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Other Structures:None
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Irrigation Source:Creek Seasonal,None
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Road Frontage Type:County Road
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Road Surface Type:Unimproved
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Home Warranty:false
Utilities
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Utilities:Underground Required,None,Other,See Remarks
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Electric:Electric TBD
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Sewer:Public Sewer
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Water Source:Public,Meter Required
Schools
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Elementary School District:San Juan Unified
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Middle Or Junior School District:San Juan Unified
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High School District:San Juan Unified
The Community
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Subdivision Name:Verde Cruz Townhomes
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Senior Community:false
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Spa:false
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Pool Private:false
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Association:false
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Development Status:Site Plan Approved,Subdivision Possible,Surveyed,Tentative Map Approved,Topography Map Available
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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10/9/24
Oct 9, 2024
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Listed / Active | METROLIST | $1,199,000 |