N/A, Penn Valley, CA

$395,000

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875,556

Square feet

20.10

Acres

About N/A

LENDER FORECLOSURE. Lender wants this recent REO property off their books as soon as possible and has therefore discounted the price to under 68% of appraised value. Best all-cash, quick-close offer will take it. A strategically positioned multi-residential, commercial or mixed use property with almost 2000 feet of frontage on Highway 20 in the recently approved Village Core district of Penn Valley. Current zoning allows for up to 91 residential units, but other uses also acceptable. Aggressive pricing accounts for the need to perfect access to property. Seller may consider financing with 50% down.

Features of N/A

MLS® # 223075083
Price $395,000
Square Footage 875,556
Acres 20.10
Type Land
Sub-Type Residential Acreage
Status Active

Community Information

Address N/A
Area Penn Valley (excl. L.W.W.)
City Penn Valley
County Nevada
State CA
Zip Code 95946

Amenities

Utilities All Public, Water Available

Exterior

Lot Description Public Trans Nearby, Stream Year Round

School Information

District Nevada
Elementary Penn Valley
Middle Penn Valley
High Nevada Joint Union

Additional Information

Zoning Office,Planned Unit Development,Commercial,Research & Development,Residential,Highway/Tourist Servic
Foreclosure No
Short Sale Yes
RE / Bank Owned Yes

Listing Details

OfficeHighland Commercial, Inc.

Listing Schools/Amenities

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