27592 Avenue 16

Madera, CA 93638

$1,300,000
Price
3
Beds
2.5
Baths
2,367 Sq. Ft.
$549 / Sq. Ft.
2,367
Sq. Ft.
$549
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. Whether you envision a carefully planned medium-density development or a high-density residential project, the possibilities for income generation are abundant. For a deeper understanding of the potential returns and to explore the various income-generating avenues this property offers, do not hesitate to contact us.
  1. Listed by Serina I Vargas • DRE #02100431 • Tinetti Realty Group

Property Details for 27592 Avenue 16

Garage Spaces
2
Garage Type
Attached
Cross Street Address
Kennedy St

Location

Listing Courtesy of Tinetti Realty Group
Add your commute
LISTING UPDATED: 04/10/2024 01:14 PM

Property Details for 27592 Avenue 16

StatusActive
MLS #609482
Days on Market74
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2002
Lot Size9.15 AC / 398,574 SF
CountyMadera County

Location

Listing Courtesy of Tinetti Realty Group
Add your commute

Building Information for 27592 Avenue 16

Stories-Year 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
  • Region: Urban
  • Directions: 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
  • Census Tract: .00
School Information
  • Schools Comment: Buyer to verify
  • School Name 1: Madera
  • School Name 2: Jack G. Desmond
  • School Name 3: John Adams
  • School Type 1: High School
  • School Type 2: Junior High School
  • School Type 3: Grade School
Parking
  • Carport Spaces: 1
  • Parking Features: Carport
Taxes and HOA Information
  • Association: Fresno MLS
Lot Information
  • Square Footage Source: Tax Records
  • APN: 037131009000
  • Lot Size Source: (Tax Records)
  • Multiple Listing Service: Fresno Multiple Listing System
Property
Property and Assessments
  • REO/Bank Owned: No
  • FIPS Code: 39
  • Age: 0
  • Property Disclaimer: Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.
  • # of Stories: Single Story
Utilities
  • Pool: No
  • Gas & Electric: Public Utilities
  • Sewer/Water: Public Water, Public Sewer
  • Well Depth: 0.0
  • Well HP: 0.0
  • Water Level: 0
Interior and Exterior Features
Exterior Features
  • Exterior: Other
  • Foundation: Both
  • Roofing: Other
Interior Features
  • Bath Features: Tub/Shower
  • # of Fireplaces: 0
  • Heating & Cooling: Central Heat & Cool, Other
  • Laundry: Inside
Rental
Rental Information
  • Space Rent: $.00
  • Lease Type: Net

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.

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27592 Avenue 16 is a single family home for sale in Madera, CA 93638. This property was listed for sale on February 16, 2024 by Tinetti Realty Group, 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 3-bed, 2.5-bath, 2,367 sqft single 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 Group

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.