$425,000

About This Property

Rare development opportunity at 1102 North St, Santa Rosa, CA 95404. This 17,280 plus or minus sq ft vacant residential parcel is ideally located across from North Neighborhood Park and within 0.5 miles of schools and transit. Property is currently zoned PD, R-3-10 Low Medium Density. Conceptual study by Local Architecture group and Planning proposes a small lot subdivision under SB 684 to create 4 fee-simple parcels. This ministerial process is intended to streamline approval and bypass standard Design Review and CEQA. The vision includes 4 duplexes for a total of 8 units. Each unit is designed as a starter home with a private garage and potential for an additional ADU on the third level. Site features approximately 50 feet of frontage on North Street. Priced at $425,000, this property presents a strong opportunity for builders seeking infill housing potential. All development concepts are preliminary and provided for illustrative purposes only. Buyer to independently verify zoning, density, SB 684 applicability, development standards, site constraints, improvement costs, and approval process with the City of Santa Rosa. Seller has not obtained entitlements or a tentative map and will not do so as a condition of sale. Listing agent holds an ownership interest in the property and is related to one of the sellers. Property was purchased from the County Assessor via Tax Deed and a Suit to Quiet Title action has been performed. Sale may not convey without use of Orange Coast Title and partner escrow company.

Property Details

Listing Information

Listing Courtesy of: Simon Raya — Coldwell Banker Realty
MLS# 239813239
Information is deemed reliable but not guaranteed. Posted under reciprocity agreement, BAREIS MLS.