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Investment Highlights

  • Borders Hwy 20
  • Close to restaurants and shopping
  • Walking distance to Clear Lake

Executive Summary

Possible Seller Financing. Incredible opportunity to own 16.75 acres of prime PDR R1 land located just off Hwy. 20 in the vibrant town of Nice. This expansive property is zoned for multiple single-family residences, making it the perfect canvas for multiple-family development. Situated in a highly desirable area, this land offers convenient access to shops, restaurants, and public transportation options, ensuring that residents will have everything they need right at their doorstep. But it's not just about the location – this property has so much more to offer. It was filled and compacted in 2008, ensuring a solid foundation for any construction project. Imagine creating a community within walking distance of breathtaking Clear Lake. Residents will be able to enjoy the tranquility of nature while still being close to all the amenities this area has to offer. As an added bonus, this remarkable property is located in the Opportunity Zone, presenting incredible tax benefits for the savvy developer looking to make their mark in this rapidly growing area. Don't miss out on this exceptional opportunity to bring your vision to life.

Property Facts

Price $625,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Planned Unit Development
Total Lot Size 16.75 AC
Zoning PDR-R1 - Planned Development Residential / Single-Family Residential

1 Lot Available

Lot

Price $625,000
Price Per AC $37,313.43
Lot Size 16.75 AC

Multi Family development property

Not walkable
10/100
Exceptionally drivable
90/100
Limited public transit
20/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
031-052-220-000
Land Assessment
$261,354
Improvements Assessment
$0
Total Assessment
$261,354
  • Listing ID: 41447292

  • Date on Market: 7/27/2026

  • Last Updated:

  • Address: 6925-6965 Hammond Ave, Nice, CA 95464

Contact the Sale Advisor

6925-6965 Hammond Ave

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