1320, 1358 Old Alturas, Redding, CA 96003
Property Type:
Lots/Land
Lot Size (sq. ft.):
350,222
Status:
Closed
Current Price:
$1,050,000
List Date:
11/12/2020
Last Modified:
3/28/2022
Description
HIGH DEMAND LOCATION READY FOR DEVELOPMENT. This 8.04 Acres is Zoned RM12 with a Planned Development Overlay allowing increased density without the need to terrace into the hillside. The approved tentative subdivision map incorporates a total of 64 units (40 duplex units and 6 fourplex units). The engineering work has been completed by Sharrah Dunlap Sawyer. The file includes a construction cost estimate and a mitigated negative environmental declaration. Development can be completed in 3 phases or all at once. This project is located in a high profile area, conveniently located near retail centers, restaurants with easy access to Hwy 44 & I-5. While City Amenities are easily reached, the project offers hillside green space, walking trails, and picnic tables.
More Information MLS# 20-5461
Listing Office: Northstate Commercial Partners
Co Office Name: Northstate Commercial Partners
Co Listing Agent: Ken Miller
Last Updated: March - 28 - 2022
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Information deemed reliable but not guaranteed.