Jessie Espinosa

(209) 652-8112jessie@espinosa.org
    $1,199,000
    For Sale

    4904 Manzanita Avenue

    Carmichael, CA 95608
    1.75 acres | #224113696
    Browse 20 photos
    Type:Purchase
    Structure:Land
    Zone:Residential

    Description

    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.

    • Property Details
        • Lot DescriptionCorner, Public Trans Nearby, Secluded, Stream Seasonal
        • Utility FeaturesUnderground Required, None, Other, See Remarks
        • ZoningPlanned Unit Development, Residential
        • Utility SourcePublic, Meter Required
        • SubdivisionVerde Cruz Townhomes
        • Property SubtypeResidential Lot
        • Sewer InformationPublic Sewer
        • CountySacramento
        • MLS #224113696
        • MLS #224113696
        • Property TypePurchase
        • Cost1199000
        • Acres1.75

    Location

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    IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

    Last Updated: . Source: METROLISTMLS

    Listing Courtesy
    Listing Agent: Vlad Parashchak (#PPARASVOL)
    Listing Office: Lyon RE Fair Oaks (#01LYON03)

    Jessie Espinosa | Century 21 Select Real Estate, TurlockReal Estate Group
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    Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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      The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

      Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced 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. Properties may or may not be listed by the office/agent presenting the information

      IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

      IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.