Description
3272-74 K St is comprised of two parcels with 7,188 sq ft. Presently featuring two manufactured homes. This property is located in the Complete Communities plan zone, an initiative designed to foster sustainable growth and enhance urban environments. By being part of this plan, the property benefits from a bonus density, opening doors to greater development potential. The property also lies within the Opportunity Zone which comes with additional tax benefits. The zoning designation for this property is RM-2- 5, offering favorable opportunities for multifamily development. Its Tier 3 status ensures a FAR ratio of 6.5, enabling efficient and maximized use of the available space, allowing for the construction of an impressive 31 units.
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01/2 BATHS
School Ratings & Info
Description
3272-74 K St is comprised of two parcels with 7,188 sq ft. Presently featuring two manufactured homes. This property is located in the Complete Communities plan zone, an initiative designed to foster sustainable growth and enhance urban environments. By being part of this plan, the property benefits from a bonus density, opening doors to greater development potential. The property also lies within the Opportunity Zone which comes with additional tax benefits. The zoning designation for this property is RM-2- 5, offering favorable opportunities for multifamily development. Its Tier 3 status ensures a FAR ratio of 6.5, enabling efficient and maximized use of the available space, allowing for the construction of an impressive 31 units.
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-04T00:25:53.033. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.