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Contractor special. A heavy fixer with tremendous upside. Listed at less than $53 per square foot, this property has tremendous upside for renovation and resale; or income potential from leasing the units.
This multi-family property is a unique opportunity to own on vibrant and historic St. Francis Plaza, literally steps away from where Ansel Adams took his famous photo of the rear of the St. Francis de Assisi Mission Church in 1929.
Approximately 7,456 SF with 7 to 8 units (depending on final layout), currently vacant, the property includes both adobe and frame construction.
Over the past several years, the owners have carefully prepared the property for renovation. It now features legal access directly from St. Francis Plaza, a formalized lot split with new survey, and a tentative agreement to access community water. (The property is currently on a private well, with additional surface water rights; and municipal sewer.)
The current owners have also had architectural plans drafted for renovation, performed asbestos abatement and done much of the necessary interior demolition, with the project now ready for permitting. An incredible opportunity for the right buyer!
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All real estate advertised herein is subject to the Federal Fair Housing Act and Equal Opportunities Act. Barker Realty Co., llc. strives in to confirm as reasonably practical all advertising information herein is correct but assumes no legal responsibility for accuracy and should be verified by Purchaser. Barker Realty Co., llc. is not responsible for misinformation provided by its clients, misprints, or typographical errors. Prices herein are subject to change. Square footage amounts and lot sizes are approximates. The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of SFAR MLS, Inc. All data in this web site is deemed reliable but is not guaranteed. © 2022 Southwest Multiple Listing Service, Inc. All rights reserved. Internet Data Exchange (IDX) listings are from Southwest Multiple Listing Service, Inc. (SWMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but is not guaranteed accurate by SWMLS. Built by the Barker Realty Marketing department.
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