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About the Listing sha.lpt2 - 3797
Rare RM-15 Infill Development Opportunity on 1.35 Acres! Bring your vision and unlock the incredible potential this unique property has to offer. Situated in one of Redding's growth corridors, this RM-15 zoned parcel is surrounded by established, multi family developments and offers exceptional long-term investment possibilities. The property features two existing improvements. The main residence was originally a 3 bedroom, 2 bath home of approximately 1,480 square feet and has been reconfigured into a spacious 2 bedroom layout by expanding the primary suite. The second structure was originally a 1 bedroom, 1 bath home with an attached two car garage. It has been taken down to the studs and is currently utilized as a large shop, offering excellent storage or workspace while future plans are developed. Whether you choose to renovate the existing improvements for interim rental income, hold as an investment, or pursue future development, the possibilities are substantial. The true value lies in the land, location, and RM-15 zoning. Rare RM-15 Infill Development Opportunity on 1.35 Acres! Bring your vision and unlock the incredible potential this unique property has to offer. Situated in one of Redding's desirable growth corridors, this RM-15 zoned parcel is surrounded by established, high-quality multifamily developments and offers exceptional long-term investment possibilities. The property features two existing improvements. The main residence was originally a 3 bedroom, 2 bath home of approximately 1,480 square feet and has been reconfigured into a spacious 2 bedroom layout by expanding the primary suite. Flooring remains incomplete, providing the opportunity to finish and customize to your needs. The second structure was originally a 1 bedroom, 1 bath home with an attached two car garage. It has been taken down to the studs and is currently utilized as a large shop, offering excellent storage or workspace while future plans are developed. Whether you choose to renovate the existing improvements for interim rental income, hold as an investment, or pursue future development, the possibilities are substantial. The true value lies in the land, location, and RM-15 zoning. Buyer to verify permitted uses, allowable density, development potential, and all building requirements with the City of Redding. Conveniently located just minutes from Highway 44, downtown Redding, sho Conveniently located just minutes from Highway 44, downtown Redding, sho
Listing Highlights
Interior Details
- Bedrooms: 2
- Bathrooms: 2 Full
- Appliances:
- Air Cond: Mini-Split
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Well
Exterior Details
- Lot Description: 2 on a Lot,Level,City Lot
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer: Sewer
- Parking Features: Gated,Driveway,Attached Carport,Additional Parking,RV Access/Parking,Off Street,Boat
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 071-240-022-000
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
1664 Victor Ave Redding, CA 96002
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