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27592 Ave 16, Madera, CA, 93638

27592 Ave 16, Madera, CA, 93638 < >
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for sale
$1,300,000
Lot Size:9.15 Acres
Year Built:2002
Status:Active
MLS #:224014539
Date Updated:
For information contact:
Lincoln Home List
530-320-5783
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Go See This Property
Explore the boundless possibilities of this remarkable development opportunity nestled on just under 10 acres, boasting three distinct dwellings with a total of 6 parcel numbers, all conveniently packaged together. Located within a city poised for growth, this property is currently earmarked for potential transformation into a medium to high-density residential development, as per city planning. The 10-acre canvas holds significant potential, with the prospect of accommodating up to 15 dwelling units per acre under medium-density zoning or an impressive 50 dwelling units per acre with high-density zoning, as outlined by the city regulations. Buyers are encouraged to engage with the city for confirmation and explore the possibilities this property offers. The three residences on the property include a spacious 4-bedroom, 2-bathroom home spanning 2,367 sq ft, a charming 3-bedroom, 1-bathroom dwelling covering 912 sq ft, and an additional 3-bedroom, 1-bathroom residence with 720 sq ft of living space. The property's location, combined with its multiple parcels and diverse housing options, positions it as a lucrative investment opportunity.
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Interior Details
# of 1 Bedroom Units: 4# of 2 Bedroom Units: 0
# of 3 Bedroom Units: 2Flooring: Carpet
Levels: OneLaundry Features: In Each Unit
# of Studio Units: 0# Of Units Total: 3
Stories: 0Unit 1 Bedrooms: 4
Unit 1 Full Baths: 2Unit 1 Partial Baths: 0
Unit 1 Approx SqFt: 2367Unit 2 Bedrooms: 3
Unit 2 Full Baths: 1Unit 2 Partial Baths: 0
Unit 2 Approx SqFt: 912Unit 3 Bedrooms: 3
Unit 3 Full Baths: 1Unit 3 Partial Baths: 0
Unit 3 Approx SqFt: 720Unit 4 Bedrooms: 0
Unit 4 Full Baths: 0Unit 4 Partial Baths: 0
Unit 4 Approx SqFt: 0# of Floors: 1
# of Rooms: 0Unit 1 # of Rooms: 0
Unit 2 # of Rooms: 0Unit 3 # of Rooms: 0
Unit 4 # of Rooms: 0

Exterior Details
Lot Size Acres: 9.1500Elevation: 0
Parking Features: Carport, GarageCovered Spaces: 0.00
Garage Spaces: 0.0Open Parking Spaces: 0.0
Lot Size Square Feet: 398574.00Carport Spaces: 0.0
# of Guest Space(s): 0Independent Parking Spaces: 0
Total Parking Spaces: 6.00Tandem Parking Spaces: 0

Community Information
APN: 037-131-009County: Madera
Cross Street: Jericho DrDirections to Property: Exit Hwy 99 onto W Cleveland Ave; Turn left onto N Lake St; Turn right onto Kennedy St; Kennedy turns into Ave 16. Property is on the right hand side
Association: NoZoning: RRS

School Details
Elementary School District: OtherMiddle or Junior School District: Other
Senior High School District: OtherSchool District (County): Madera

Property Information From MLS Data
Construction Materials: Stucco# Of Buildings: 3
Special Listing Conditions: NoneProperty Subtype: Other
Year Built: 2002Total # Leasable: 0
1 Bedroom Annual Occupancy: 02 Bedroom Annual Occupancy: 0
3 Bedroom Annual Occupancy: 04 Bedroom Annual Occupancy: 0
# of 1 Bedrooms Occupied: 0# of 2 Bedrooms Occupied: 0
# of 3 Bedrooms Occupied: 0# of 4 Bedrooms Occupied: 0
# Commercial Units: 0Lot Features: Shape Regular
Total # Owner Occupied: 0# Studios Occupied: 0
Studio Annual Occupancy: 0Green Verification Year: 0
Commission To Buyer Broker: 3Commission Type: %

Financial Information
Association Fee: 0Unit 1 Rent: 0
Unit 2 Rent: 0Unit 3 Rent: 0
Unit 4 Rent: 0Lease Deposit: 0

Utilities
Cooling: Ceiling Fan(s), CentralHeating: Central
Sewer: Public SewerUtilities: Cable Available, City, Electric, Internet Available
Water Source: PublicIrrigation: None

Listing Information Courtesy of:
Listing Office Name: Tinetti Realty
Listing Agent Name: Serina I Vargas

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Monthly Payment for 27592 Ave 16
This is an estimated monthly mortgage payment. Your actual financing will vary depending on your lender, local taxes, credit score and other factors.
Price:$1,300,000
Down Payment:
Loan Amount:$1,040,000
Loan Type:30 year fixed at %
Principal & Interest:
Property Taxes: (1.5%)
Homeowner's Insurance:
Total Payment:
Listing courtesy of Serina Vargas, Tinetti Realty
Information obtained from CAMMLS is current as of 5/2/2024 6:13 PM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided 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.
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