MarketPier

521 W 11th Avenue W - Chico, CA 95926

$1,415,000
Listing Description

11th Avenue Subdivision represents a rare investment opportunity with approved Civil Improvement plans to build 19 new single family homes on an approved 21 lot subdivision, 2 homes are existing and will retain ¼ acre lots +/-. The house located at 521 W 11th Avenue will need to be demolished as part of the construction of the subdivision. The house at 525 W 11th Avenue will be kept by the current owner to live in. The house at 443 W 11th Avenue will be part of the bulk sale with market value of $400k. Located in a tree-filled, well established neighborhood near the heart of Chico, this property is mere blocks from Enloe Medical Center (the third largest employer in Chico) and is biking distance to Downtown and CSU Chico. The property backs up to a family run almond orchard which provides quiet neighbors and a wooded environment. 11th Avenue has approved improvement plans, is completely entitled, construction is ready to commence now

Listing Information
MLS Number
SN19112357
APN/Parcel ID
043800015000
Type
Land
Sub Type
Land
Lot Size
132,422 sqft
Listing Date
5/15/2019
Days Active
3
Last Updated
5/19/2019
Listing Provided By
Brooke Shelton
BPS Properties
BRE# 01386475

Thank You

An email has been sent. Someone will be in touch soon!

Contact Agent

Please Complete All Required Fields.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or with the appropriate professionals.