1664 Victor Avenue , Redding, CA 96002 Rare RM-15 Infill Development Opportunity on 1.35 Acres! Bring your vision ... | 2 Bed 2 Bath $479,000
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Rare RM-15 Infill Development Opportunity on 1.35 Acres! Bring your vision and unlock the incredible potential this unique property has to offer. Situated in one of Redding's growth corridors, this RM-15 zoned parcel is surrounded by established, multi family developments and offers exceptional long-term investment possibilities.The property features two existing improvements. The main residence was originally a 3 bedroom, 2 bath home of approximately 1,480 square feet and has been reconfigured into a spacious 2 bedroom layout by expanding the primary suite. The second structure was originally a 1 bedroom, 1 bath home with an attached two car garage. It has been taken down to the studs and is currently utilized as a large shop, offering excellent storage or workspace while future plans are developed.Whether you choose to renovate the existing improvements for interim rental income, hold as an investment, or pursue future development, the possibilities are substantial. The true value lies in the land, location, and RM-15 zoning. Rare RM-15 Infill Development Opportunity on 1.35 Acres! Bring your vision and unlock the incredible potential this unique property has to offer. Situated in one of Redding's desirable growth corridors, this RM-15 zoned parcel is surrounded by established, high-quality multifamily developments and offers exceptional long-term investment possibilities.The property features two existing improvements. The main residence was originally a 3 bedroom, 2 bath home of approximately 1,480 square feet and has been reconfigured into a spacious 2 bedroom layout by expanding the primary suite. Flooring remains incomplete, providing the opportunity to finish and customize to your needs. The second structure was originally a 1 bedroom, 1 bath home with an attached two car garage. It has been taken down to the studs and is currently utilized as a large shop, offering excellent storage or workspace while future plans are developed.Whether you choose to renovate the existing improvements for interim rental income, hold as an investment, or pursue future development, the possibilities are substantial. The true value lies in the land, location, and RM-15 zoning. Buyer to verify permitted uses, allowable density, development potential, and all building requirements with the City of Redding.Conveniently located just minutes from Highway 44, downtown Redding, shoConveniently located just minutes from Highway 44, downtown Redding, sho
| Schedule a Showing | | Year Built: | 9999 | | Size: | 1480 Sq. Ft. | | Lot Size: | 1.35 Acres | | Lot Size: | 1 - 2 Acres | | Price: | $323.65 per Sq. Ft. |
| | | MLS ID: | 26-3529 | | Listing Type: | Residential | | Property Type: | Single Family |
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Area Area: 02 - Redding NEExterior Exterior: Wood SidingFireplaces Fireplace: NoneGarage Attached Garage: 2.00 | | Lot Type Lot Type: 2 on a Lot,City LotPool Pool: NoneView View: CityYear Built Year Built: Unknown |