Two parcels together are available for purchase: The first is a 12.36-acre tract of open land, offering the versatility to either construct your dream home/ranchette or just farm it. The second parcel is a 0.88-acre ranchette comprising of three single-family homes, all currently leased on a month-to-month basis. Acquiring both parcels opens the potential for a subdivision into 91 single-family lots, as illustrated in the attached "conceptual" subdivision map. Presently, there are three occupied rental homes: a 3-bedroom, 2-bath, 1100-square-foot main house with a carport; a 2-bedroom, 2-bath, 800-square-foot second house; a 2-bedroom, 1-bath, 600-square-foot third house and potentially room to build a 4th house. Each residence boasts a unique address and individual PG&E gas meters. This presents an excellent investment to buy and hold or to immediately commence the development process!
The income description goes here to explain
List Price | $950,000 |
Property Type | Single Family Homes |
Usable Sqft | Unknown |
Number of Stories | 1 stories |
Parking Spots | 0 spots |
Year Built | 2001 |
Last Sold | Unknown |
Sold Price | Unknown |
HOA Fees: | $0 |
Association Name: | Unknown |
Association Amenities: | Unknown |
APN # | 034130033 |
MLS # | MC24140087 |
Property ID | 320650542 |
Lot Sqft | 576,734 |
Zoning | AR-5 |
Total Units | 3 |
Days on Market | 249 |
Original List Price | $950,000 |
Date Updated | January 13, 2025 |
Date Created | July 08, 2024 |
Ernesto Ochoa an agent of . Lic #01247053
© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of January 13, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT