Property has almond trees (Monterey & Non Pareil) 5th leaf. 3 houses and 1 mobile trailer with 100% occupancy bringing $4,800.00 in rental income (all 4 fully renovated in 2019-2020) 1 AG pump & 1 newly dug domestic pump Sprinkle system installed in 2022 for irrigation. Caltrans has offered $50K for 0.9 acre they want to purchase to extend widen the highway by adding a lane which is still to collect. This will be handled during escrow/closing and $50K will go the new owner. Most importantly, this property could be rezoned/developed to Commercial (C-6) Zoning with the right developer. A proposal was made in the past to develop it into a M-3 property but County of Fresno came back with commercial zoning. Letter from County attached along with our plans with C-6 zoning. That will be all on the buyer but the listed price is for the property as is (AG).
Off market
$3,400
18670 S Elm Ave, Riverdale, CA 93656
3beds
--sqft
MultiFamily
Built in ----
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$-- Zestimate®
$--/sqft
$1,708 Estimated rent