Infill Development Opportunity on two parcels designated as SPA Mixed Use.

Developers build up to 34 Units across both of these two Panama Ave lots in the Carmichael Colony Neighborhood! Seller considers no actual value to the existing house as its current condition is nowhere near any value whatsoever. The property features a Gated Entry with a paved driveway, two slab concrete foundations, Undergrounds Utilities, SPA zoning, High allowable building density, and a great location. Seller is willing to throw in the approved SITE PLANS for a full remodel 3-bed, 2-bath, 1,700 SQFT for 3244 Panama Ave. The seller used to have a second unit guest house behind the main house bu. The utility connections to the second slab foundation is there. Welcome to an established neighborhood offering SPA Zoning with flexible land uses for mixed use opportunities. Including but not limited to: multi-unit housing, warehouse, rehab centers, residential care facilities, vocational schools, churches, and Live-work properties. Also enjoy the perks of being near Riverside Golf Course, Ancil Hoffman Nature Center, the American River Parkway, Pavilions Shopping Center, Arden Fair Mall, International dining, and a highly rated International Baccalaureate school. **Seller prefers to sell 3244 Panama Ave with 3252 Panama Ave, an extra 0.36 acre lot. Both lots together total approximately 30,863 square feet (0.71 acres). DISCLAIMER: Agents, buyers, inspectors, contractors, and all other parties are strictly prohibited from entering the home without the Seller's prior written authorization. Interior access is NOT permitted under any circumstances without advance approval. Any party requesting access to the interior of the property must first sign and submit a Release of Liability. The required form will be provided upon request and must be fully executed and approved before any interior access will be considered. Unauthorized entry onto the property or into any structure is strictly prohibited and may constitute trespassing. All parties enter the property at their own risk. Property is being sold AS IS. Seller makes no representations or warranties regarding the condition or safety of the structures. Extreme caution is advised. Do not leave children unattended while visiting the property. Parents and guardians are responsible for supervising minors at all times. The property may contain conditions or hazards that are unsafe for unsupervised children.