4450 Westside Rd., Redding, CA, 96001 - Available for Sale

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Westside Rd.

4450 Westside Rd., Redding, CA 96001

Westside Road

Westside Road

  • $99,000
  • 5.40 AC
  • Land
  • Multifamily (land)
  • Residential (land)
    Garden/Low-Rise
    Congregate Senior Housing
  • Yes
  • RM 18
  • Find Out More...
Last Verified  12/21/2011 Listing ID  14134218

1 Lot Available

Lot 1

  • $99,000
  • 5.40 AC
  • $18,333.33
  • Multifamily (land)
  • 3%
  • SHORT SALE! Amazing opportunity for future tax credit project. In redevelopment zone and zoned for up to 18 units per acre. An adjacent home will also need to be acquired for proper access, which is available for sale at $46,500.

Highlights

  • UP TO 88 UNITS!
  • POSSIBLE PLANNED DEVELOPMENT
  • SENIOR HOUSING SITE
  • HIGH DENSITY
  • LESS THAN $10,000 PER UNIT!
  • MULTIPLE PARCELS

Description

SHORT SALE! Excellent opportunity for multi-family project. Property is zoned RM-18 (18 units per acre), which allows for up to 88 apartment units. Excellent opportunity for affordable housing. Property is located within a Redevelopment District, and may be an ideal tax credit project. It is within 1/2 mile of Shasta/Trinity ROP High School, Shasta County Public Health, and transportation. The property is also directly adjacent to the Salvation Army Thrift Store and donation facility.

Development is occuring in the area and this could be an optimum site for a Planned Development (may require down-zoning), senior cottages, retirement housing or senior apartments. Property currently consists of 4 parcels and could also be reconfigured and resold separately with a Property Line Adjustment.

Great south Redding location near new commercial projects and a great area for affordable or senior housing.

Map of 4450 Westside Rd., Redding, CA 96001 (Shasta County)

Contact Listing Broker to find out more details.

Presented by

RE/MAX TOWN & COUNTRY

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Terence Davis (530) 242-9420

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Created 2/23/2005

Additional Information for 4450 Westside Road, Redding, CA 96001