Skip to main content
|

6118 Clark, Paradise, CA 95969

For Sale

$2,800,000

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • 1972
    Year built

Explore this Property

Incredible potential for a large Multi Unit complex in the heart of Paradise. Property consists of two parcels, with total of 5.09 acres MF zoning. Prior to Camp Fire was Shelter Cover Apartments, 32 units with carports and 8 total buildings, 4 units per. Currently is a 1- 4 unit building onsite, which was completely renovated after fire, and all new, 4-1bedroom units. Located in center of proposed sewer system area, which would allow for up to 30 units per acre if and when sewer connection becomes available. Currently approved for 32 units, If the buyer is interested in increasing the total unit count to 75, that could potentially be supported by the zoning which allows up to 15 units/ac with the use a clustered wastewater system (common area engineered system). That process starts with the buyer connecting with a wastewater engineer to do wastewater calculations, and soils testing, to submit to the Onsite Wastewater Division for review and approval through a Land Use Review. If and when sewer take place, the unit count could be increased to 150 units making this an outstanding long term income stream or potentially massive re sale value. Several points for ingress/egress in place, with all the older septic tanks removed, making it easier for developing, and laying out the site for flow with unit placement, with the current 4 unit building tucked to North West corner at Lovely Lane. The potential here is incredible, investment groups welcome, or the savoy individual investor!!
MLS# SN25144905

Listed By CENTURY 21 Select Real Estate, Inc.

Property Features

  • Style
    Other Style

Map and Directions

Directions to 6118 Clark, Paradise, CA 95969
Loading...

Home seller Meet the Agent,
Allan MacDonald

Get to know the neighborhood. A local affiliated CENTURY 21 agent will help you set up tours, give advice, and negotiate with sellers.

Allan MacDonald

of CENTURY 21 Select Real Estate, Inc.

License: 01320729
(530) 514-5163
Learn More About Me

Mortgage Calculator

$
$ %
Loan Term
%
Invalid number

$ /year
$ /year
$ /month

Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Loading...
Loading...
Loading