4904 Manzanita Avenue Carmichael, CA $ 1,199,000
4904 Manzanita Avenue
$ 1,199,000
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4904 Manzanita Avenue

Carmichael, CA, 95608
$ 1,199,000
Baths0.0

Monthly Estimate*

$ 8,375

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Studio

Lots and Land for sale in Carmichael, CA

for $1,199,000. The lot size is 1.75.

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.

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Lots and Land Active

Price

$ 1,199,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Residential Lot

Lot Size

1.75

Town/City

Carmichael

County/Region

Sacramento

MLS | Web ID

224016765

Features
General
Sewer Public Sewer
Utilities Underground Required None Other See Remarks
Development Status Site Plan Approved Subdivision Possible Surveyed Tentative Map Approved Topography Map Available
Zoning RD-10
HOA 0
Crops None
Electric Electric TBD
Topography Gently Sloped Trees
Property SubType Residential Lot
Current Use Residential Subdivision See Remarks
Elevation 0
County Sacramento
Property Type Land
HOA / Comm Assn N
Subdivision Name Verde Cruz Townhomes
Distance To Electric Electricity At Pole
Distance To Gas Gas In Street
Distance To Sewer Sewer Within 500 Ft
Distance To Water Public Within 500 Ft
Possible Use Residential Subdivision
Distance To Phone Service Phone Within 500 Ft
Other Structures None
Close Price 0.0
Status Active
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.
City Carmichael
Buyer Agent Compensation 2.5
High School District San Juan Unified
Zoning Description Planned Unit Development Residential
MLS Area 10608
Lot Size Square Feet 76230.0
Street Name Manzanita
Standard Status Active
Middle/Junior School District San Juan Unified
Elementary School District San Juan Unified
Buyer Agent Compensation Type Percent
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Exterior
Vegetation Brush Trees Many Grassed
Lot Features Corner Public Trans Nearby Secluded Stream Seasonal
Water Source Public Meter Required
Total Parking 0.0
Lot Size Acres 1.75
Road Surface Type Unimproved
Lot Size Source Assessor Auto-Fill
Road Frontage Type County Road
Number of Lots 0
Horse Y/N N
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Interior
Street Suffix Avenue
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Internal Only
Street Number 1 4904
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* Excluded Features
List By
Lyon Re Fair Oaks

Broker

vparashchak@golyon.com

Email

Affordability Calculator

$8,375
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,375
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3193821 Elementary School
3193841 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
2/24/2024 $1,199,000 Listed Price

Map


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4904 Manzanita Avenue, Carmichael, CA, 95608 is a Lots and Land for sale at $1,199,000 with a lot size of 1.75. 4904 Manzanita Avenue is a studio with 0.0 baths. The property's zip code is 95608 which is in Carmichael, CA