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6118 Clark Rd Paradise, CA 95969

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For Sale
$1,800,000

5.09 acres zoned MF with significant development potential.

Lot size:
5.09 Acres

Property Features for 6118 Clark Rd

General Information

Property type
Investment
Standard status
Active
Lot size
5.09 Acres

Building Details

Year built
1972

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Listing Contact
Allan Macdonald
Source: Elliman

Listing Agency: CENTURY 21 SELECT REAL ESTATE, INC. Listing Agent: Allan Macdonald

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Paradise Multifamily Development Opportunity

This property offers significant potential for a large multi-unit complex in Paradise. The property consists of two parcels totaling 5.09 acres with MF zoning. Previously, the site was home to Shelter Cover Apartments, which included 32 units in eight buildings, with four units per building. Currently, there is a renovated four-unit building on-site, featuring four one-bedroom units. The property is located in the center of a proposed sewer system area, potentially allowing for up to 30 units per acre upon connection. The site is currently approved for 32 units. Increasing the unit count to 75 may be supported by the zoning, which allows up to 15 units per acre with a clustered wastewater system, subject to review and approval by the Onsite Wastewater Division. Upon sewer installation, the unit count could potentially increase to 150 units. Several points for ingress and egress are in place, and the older septic tanks have been removed. The current four-unit building is located in the northwest corner. According to the town of Paradise, potential uses for this site include a community care facility, defined as a facility providing non-medical residential care, adult day care, child day care, intermediate care, congregate living, health care, or home-finding agency services for children, adults, or both, excluding drug recovery facilities. This use would be subject to a Conditional Use Permit and approval by the Planning Commission through a public hearing process.
Location Intelligence

Current Use by Public Records

Assisted living facilities

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Paradise
County
Butte
State
California
Longitude
-121.6040725
Latitude
39.7625338

FAQs

What type of property is this?
Apartment building - 5.09 acres zoned MF with significant development potential.
Where is this apartment building located?
The property is located at 6118 Clark Rd Paradise, CA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: - 5.09 acres with MF (Multi-Family) zoning in the heart of Paradise.; - Currently approved for 32 units, with potential for up to 150 units upon sewer connection.; - One existing renovated 4-unit building onsite, each unit with 1 bedroom.
More about this property
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