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3022 Highway 4 7 Unit Apartment Building Offered at $995,000 Arnold, CA 95223
EXECUTIVE SUMMARY
Two huge shops, three homes and more commercial buildings! Awesome highway frontage for this large 8.13 acres, on two parcels. Split zoning of commercial and residential: C1-PD and R3-6. Multiple buildings and lots more land to improve upon. There are new roofs on six of the seven buildings. Front retail or office space in three separate units right along Highway 4. There is also one big main house, another small cabin, a huge 40X60 shop building with 12` ceilings, a second big 28X40 garage w/ 12 foot ceilings. Great potential with the existing improvements and plenty more acreage for future development. Stay, play AND work on this incredible investment property, or turn it into an incredible family compound. The adjoining 9.96 acre lot is also available to purchase, which also has frontage on Highway 4 and a locked gate. An absolute must see, call today to schedule your private tour!
PROPERTY FACTS
| Price | $995,000 | Building Class | C |
| Price Per Unit | $142,143 | Lot Size | 8.13 AC |
| Sale Type | Investment | Building Size | 8,017 SF |
| No. Units | 7 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1980 |
| Zoning | Combo Zoning C1 and R3 - C1 Commercial (Local) is in front 2.5 Acres and the back is of Parcel is R3-6 Multi-family 6 units per acre. | ||
| Price | $995,000 |
| Price Per Unit | $142,143 |
| Sale Type | Investment |
| No. Units | 7 |
| Property Type | Multifamily |
| Building Class | C |
| Lot Size | 8.13 AC |
| Building Size | 8,017 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| Zoning | Combo Zoning C1 and R3 - C1 Commercial (Local) is in front 2.5 Acres and the back is of Parcel is R3-6 Multi-family 6 units per acre. |
AMENITIES
UNIT AMENITIES
- Workshop
SITE AMENITIES
- Playground
- Sauna
- Walking/Biking Trails
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | - | 480 |
| 2+1.5 | 1 | - | 1,000 |
| 3+2 | 1 | - | 2,245 |
1 1
PROPERTY TAXES
| Parcel Number | 032-003-016-000 | Improvements Assessment | $243,571 |
| Land Assessment | $24,226 | Total Assessment | $267,797 |
PROPERTY TAXES
Parcel Number
032-003-016-000
Land Assessment
$24,226
Improvements Assessment
$243,571
Total Assessment
$267,797
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3022 Highway 4
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