27592 Avenue 16

Madera, CA 93638

$1,300,000
Price
10
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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...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.
  1. Listed by Serina Vargas • DRE #02100431 • Tinetti Realty

Property Details for 27592 Avenue 16

Parking Features
Carport, Garage
Zoning
RRS

Location

Listing Courtesy of Tinetti Realty
Add your commute
LISTING UPDATED: 04/10/2024 01:13 PM

Property Details for 27592 Avenue 16

StatusActive
MLS #224014539
Days on Market73
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Other
Year Built2002
Lot Size9.15 AC / 398,574 SF
CountyMadera County

Location

Listing Courtesy of Tinetti Realty
Add your commute

Building Information for 27592 Avenue 16

Stories-Residences3Year Built2002Building Size-Lot Size9.15 AC / 398,574 SF

Payment Calculator

$7,256 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,095

Property Taxes

$161

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 27592 Avenue 16

Summary
Location and General Information
  • Area/District: 23001
  • Area Short Display: 23001
  • Cross Street: Jericho Dr
  • City: Madera
  • County: Madera
  • State: CA
  • Zip Code: 93638
  • Zip Plus 4: 1808
  • Directions 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
Taxes and HOA Information
  • APN: 037-131-009
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
  • Association: No
  • Association Fee: $.00
School Information
  • School District (County): Madera
  • Elementary School District: Other
  • Middle or Junior School District: Other
  • Senior High School District: Other
Parking
  • Covered Spaces: 0
  • Independent Parking Spaces: 0
  • Carport Spaces: 0
  • Garage Spaces: 0
  • Total Parking Spaces: 6
  • Tandem Parking Spaces: 0
  • Open Parking Spaces: 0
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Year Built Source: Assessor Agent-Fill
  • Lot Size Acres: 9.15
  • Lot Size Source: Assessor Agent-Fill
  • Lot Size Square Feet: 398574.0
  • Lot Features: Shape Regular
Property and Assessments
  • Irrigation: None
  • Year Built: 2002
  • Picture Count: 51
  • Photos Provided By: 3rd Party Photographer
  • Elevation: 0
  • Property Disclaimer: All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. <BR> All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. <BR> Copyright</A> &copy; 2024, MetroList Services, Inc. <BR> Any offer of compensation in the real estate content on this site is made exclusively to Broker Participants of the MetroList® MLS & Broker Participants of any MLS with a current reciprocal agreement with MetroList® that provides for such offers of compensation.
  • Census Tract: 0.0
Green Features
  • Green Verification Year: 0
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, City, Electric, Internet Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • # of Floors: 1
  • # of Guest Space(s): 0
  • # Of Buildings: 3
  • Construction Materials: Stucco
  • Foundation: Slab
  • Stories: 0
  • Levels: One
Interior Features
  • Heating: Central
  • Laundry Features: In Each Unit
  • Cooling: Ceiling Fan(s), Central
  • Flooring: Carpet
  • # of Rooms: 0
Room Information
1 Bedroom Unit
  • # of 1 Bedroom Units: 4
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 0
2 Bedroom Unit
  • # of 2 Bedroom Units: 0
  • 2 Bedroom Annual Occupancy: .00%
  • # of 2 Bedrooms Occupied: 0
3 Bedroom Unit
  • # of 3 Bedroom Units: 2
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 0
4 Bedroom Unit
  • # of 4 Bedroom Units: 1
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Multi Family
Multi-Family Information
  • # Commercial Units: 0
  • Total # Owner Occupied: 0
  • # Studios Occupied: 0
  • # of Studio Units: 0
  • # Of Units Total: 3
  • Total # Leasable: 0
Unit 1
  • Unit 1 Bedrooms: 4
  • Unit 1 Full Baths: 2
  • Unit 1 Partial Baths: 0
  • Unit 1 Rent: $.00
  • Unit 1 Approx SqFt: 2367.0
  • Unit 1 SqFt Source: Tax Record
  • Unit 1 # of Rooms: 0
Unit 2
  • Unit 2 Bedrooms: 3
  • Unit 2 Full Baths: 1
  • Unit 2 Partial Baths: 0
  • Unit 2 Rent: $.00
  • Unit 2 Approx SqFt: 912.0
  • Unit 2 SqFt Source: Tax Record
  • Unit 2 # of Rooms: 0
Unit 3
  • Unit 3 Bedrooms: 3
  • Unit 3 Full Baths: 1
  • Unit 3 Partial Baths: 0
  • Unit 3 Rent: $.00
  • Unit 3 Approx SqFt: 720.0
  • Unit 3 SqFt Source: Tax Record
  • Unit 3 # of Rooms: 0
Unit 4
  • Unit 4 Bedrooms: 0
  • Unit 4 Full Baths: 0
  • Unit 4 Partial Baths: 0
  • Unit 4 Rent: $.00
  • Unit 4 Approx SqFt: 0.0
  • Unit 4 # of Rooms: 0
Income & Expenses
  • Income Includes: Other
Rental
Rent Information
  • Lease Deposit: 0.0
  • Studio Annual Occupancy: .00%

Property History for 27592 Avenue 16

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 27592 Avenue 16

Taxable ValueLand$9,370Additions$154,200Total$163,570
Tax Record2023$1,935 ($161 / month)
Home Facts
Beds3Baths2.5Total Finished SqFt2,367 SqFtAbove Grade Finished SqFt2,367 SqFtStories1Lot Size21,780 SqFtStyleSingle Family ResidenceYear Built2002ZoningRRSCountyMADERAAPN037-131-009-000

Schools near 27592 Avenue 16

This home is within Madera Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
John J. Pershing Elementary School
PublicK to 6

Jack G. Desmond Middle School
Public7 to 8

Madera South High School
Public9 to 12

Sherman Thomas Stem Academy
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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27592 Avenue 16 is a multi-family home for sale in Madera, CA 93638. This property was listed for sale on February 16, 2024 by Tinetti Realty, it's currently listed at $1,300,000. This listing's school district is Madera Unified School District. Nearby schools include John J. Pershing Elementary School, Jack G. Desmond Middle School and Madera South High School. 27592 Avenue 16 is a 10-bed, 4-bath, multi-family home built in 2002.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Tinetti Realty

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