1007 Buschmann Road
Paradise, CA 95969
- – beds
- – baths
- – sqft
- ~9 acre lot
- 1999 build
- – on site
What a fantastic investment opportunity with additional value add development. Located in the heart of Lower Paradise, there are 10 fully rented, ADA compliant turn key 2 bedroom, 2 bathroom units on the property, the first investment step is already done! The owners have taken on most of the planning and preparation, having full architectural plans completed by Nichols, Melburg & Rossetto Architects & Engineers. With build-ready plans available and ready to submit to the town, you can generate rental income while you renovate and revitalize the main building on the property. The proposed plans consist of 43 additional units; 15 one bedroom, one bathroom units and 28 studios units. The property consists of two parcels both zoned multi-family. The main parcel with the structures, is 6.13 acres, and the neighboring parcel is an additional 2.87 acres totaling 9 acres. This property is served by a new clustered wastewater treatment system. According to zoning requirements, this facility should have the potential to be permitted at a density of 15 units per acre, offering the potential to add significantly more units! With a vision and legwork, this is your opportunity to invest in the future of Paradise!
Listed By CRMLS_CA / Hobie Jensen / Parkway Real Estate Co. / 5305919686
Last checked:
Checking…
•
Last updated Feb 14, 2024
•
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
MLS# SN24030705 —
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
2/14/24
Feb 14, 2024
|
Listed / Active | CRMLS_CA | $2,700,000 | 90.5% (26.6% / YR) |
7/1/22
Jul 1, 2022
|
Listed / Active | CRMLS_CA | ||
9/21/20
Sep 21, 2020
|
CRMLS_CA | $1,417,500 |