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3244 Panama Ave - 3244 Panama Ave, Carmichael, CA 95608

0.35 - 0.36 Acre Residential Land Lots Offered at $375,000 - $400,000 Per Lot in Carmichael, CA 95608

Executive Summary

BEST INVESTMENT OPPORTUNITY!
TWO SISTER’S LOTS FOR $750,000.00

3244 Panama Ave, Carmichael. (APN 273-0301-019-0000):
offers a large flat, unique SPA Zoning lot, boasting a generous 0 .36 acre alongside its adjacent sister’s lot which is vacant residential land: (APN: 273-0301-018-0000).
Both lots make up 0 .71 acre . The lots are part of the prestigious Carmichael suburban community.
3244 Panama Ave has APPROVE PLANS & PERMIT for 3 beds 2 bth single family residence up to 1700 sqft.
Properties are being sold AS-IS.
On site utilities & a private driveway ready for you to build your dream homes/ multifamily/ commercial buildings. (Please consult Sacramento Planning & Permit department for its highest and best use).
NO HOA and NO MELLO ROOS!
These parcels are located in a Special Planning Area (SPA) zoning, allowing for specific regulations and land uses that go beyond the ordinary.
Fantastic investment opportunity located in an already established area of improved properties, high-density of single-family homes.

The beautiful parcels are nestled in the highly sought after communities of Carmichael and Fair Oaks, less than 2 miles from Riverside Golf Course and Ancil Hoffman Nature Center, bordering the Sacramento River.
These exceptional zoning previsions grant you the freedom to create something truly extraordinary and tailor-made for the community's needs, beyond your standard residential uses like multi-family units, such as condos or apartments, for the highest and best use.
Take advantage of the ever-growing demand in this desirable community and watch your investment soar! Information from Sacramento county regarding Zoning/land use
The beautiful parcels are nestled in the highly sought after communities of Carmichael and
Fair Oaks, less than 2 miles from Riverside Golf Course and Ancil Hoffman Nature Center, bordering the Sacramento River.

AS PER SAC County Planning Department: “3244 Panama ave is a 0.35-acre parcel that is a part of both the Fair Oaks Boulevard Main Street Special Planning Area (SPA) and a part of the Carmichael Colony Neighborhood Preservation Area (NPA). Within the SPA, the parcel has a land use designation of Residential Mixed Use. The Residential Mixed Use Designation has a minimum density of 20 dwelling units per acre and a maximum density of 50 dwelling units per acre. The minimum density at this location is 7 units and the maximum density is 17 units.”

Property Facts

Price $375,000 - $775,000
Sale Type Investment
Sale Conditions Building in Shell Condition
No. Lots 2
Property Type Land
Property Subtype Residential
Total Lot Size 0.71 AC

2 Lots Available

Lot

Price $400,000
Price Per AC $1,147,750
Lot Size 0.35 AC

BEST INVESTMENT OPPORTUNITY! TWO SISTER’S LOTS FOR $750,000.00 3244 Panama Ave, Carmichael. (APN 273-0301-019-0000): offers a large flat, unique SPA Zoning lot, boasting a generous 0 .36 acre alongside its adjacent sister’s lot which is vacant re

Lot

Price $375,000
Price Per AC $1,041,641
Lot Size 0.36 AC

BEST INVESTMENT OPPORTUNITY! TWO SISTER’S LOTS FOR $750,000.00 3244 Panama Ave, Carmichael. (APN 273-0301-019-0000): offers a large flat, unique SPA Zoning lot, boasting a generous 0 .36 acre alongside its adjacent sister’s lot which is vacant re

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
273-0301-018
Land Assessment
$193,159
Improvements Assessment
$0
Total Assessment
$193,159

zoning

Zoning Code SPA (This Parcel is located in the Special Planning Area Zoning (SPA), allowing for specific regulations and land uses that go above & beyond the ordinary.)
SPA (This Parcel is located in the Special Planning Area Zoning (SPA), allowing for specific regulations and land uses that go above & beyond the ordinary.)
  • Listing ID: 33551729

  • Date on Market: 10/17/2024

  • Last Updated:

  • Address: 3244 Panama Ave, Carmichael, CA 95608

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