Address
27592 Avenue 16, Madera, CA
Price
$ 1,300,000
Property Attributes
- MLS#224014539
- TypeIncome
- CountyMADERA
- CityMadera
- AreaMadera
- Zip93638
- Style
- Price$ 1,300,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size9.15 Acres
Data Source:
MetroList MLS
Property Description
Explore the boundless possibilities of this remarkable development opportunity nestled on just under 10 acres, boasting three distinct dwellings with a total of 6 parcel numbers, all conveniently packaged together. Located within a city poised for growth, this property is currently earmarked for potential transformation into a medium to high-density residential development, as per city planning. The 10-acre canvas holds significant potential, with the prospect of accommodating up to 15 dwelling units per acre under medium-density zoning or an impressive 50 dwelling units per acre with high-density zoning, as outlined by the city regulations. Buyers are encouraged to engage with the city for confirmation and explore the possibilities this property offers. The three residences on the property include a spacious 4-bedroom, 2-bathroom home spanning 2,367 sq ft, a charming 3-bedroom, 1-bathroom dwelling covering 912 sq ft, and an additional 3-bedroom, 1-bathroom residence with 720 sq ft of living space. The property's location, combined with its multiple parcels and diverse housing options, positions it as a lucrative investment opportunity.
| Price History | |
|---|---|
| 2/19/2024 | Listed $1,300,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central |
| Cooling | Ceiling Fan(s),Central |
| Utilities | Cable Available,City,Electric,Internet Available |
| Garage Spaces | 0.0 |
| Construction Materials | Stucco |
| Year Built | 2002 |
| Levels | One |
| Property SubType | Other |
| County | Madera |
| Property Type | ResidentialIncome |
| HOA / Comm Assn | No |
| Close Price | 0.0 |
| Status | Active |
| Directions | Exit Hwy 99 onto W Cleveland Ave; Turn left onto N Lake St; Turn right onto Kennedy St; Kennedy turns into Ave 16. Property is on the right hand side |
| City | Madera |
| Buyer Agent Compensation | 3 |
| High School District | Other |
| Zoning Description | RRS |
| Open Parking Spaces | 0.0 |
| Total Units | 3 |
| MLS Area | 23001 |
| Lot Size Square Feet | 398574.0 |
| Carport Spaces | 0.0 |
| Street Name | Avenue 16 |
| Standard Status | Active |
| Middle/Junior School District | Other |
| Elementary School District | Other |
| Year Built Source | Assessor Agent-Fill |
| Buyer Agent Compensation Type | Percent |
Interior Features
| Flooring | Carpet |
|---|---|
| Total Stories | 1 |
| Unit 1 Full Baths | 2 |
| Unit 2 Full Baths | 1 |
| Unit 3 Full Baths | 1 |
| Unit1Bedrooms | 4 |
| Unit2Bedrooms | 3 |
| Unit3Bedrooms | 3 |
| Laundry Features | In Each Unit |
| Unit 1 Bedroom Units Total | 4 |
| Unit 3 Bedroom Units Total | 2 |
| UnitType4BedroomUnitsTotal | 1 |
Exterior Features
| Parking Features | Carport,Garage |
|---|---|
| Lot Features | Shape Regular |
| Water Source | Public |
| Total Parking | 6.0 |
| Foundation Details | Slab |
| Number of Buildings | 3 |
| Lot Size Acres | 9.15 |
| Lot Size Source | Assessor Agent-Fill |
| Covered Spaces | 0.0 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Income Average in 93638
Price
Visits
Year Built
All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data maintained by MetroList© may not reflect all real estate activity in the market.
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MetroList CA data last updated: April 28, 2024 7:02 PM UTC 