What a fantastic investment opportunity with additional value add development. Located in the heart of Lower Paradise, there are 10 fully rented, ADA compliant turn key 2 bedroom, 2 bathroom units on the property, the first investment step is already done! The owners have taken on most of the planning and preparation, having full architectural plans completed by Nichols, Melburg and Rossetto Architects and Engineers. With build-ready plans available and ready to submit to the town, you can generate rental income while you renovate and revitalize the main building on the property. The proposed plans consist of 43 additional units; 15 one bedroom, one bathroom units and 28 studios units. The property consists of two parcels both zoned multi-family. The…
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The average household income in
Paradise, CA
grew
from
$47,533
to
$48,831
in the past year. This data is an estimate based upon
10,748
households in
Paradise, CA. The chart below presents how household income is distributed in
Paradise, CA
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Paradise, CA
compared to median property taxes around the country. The prevalent amount of property taxes in
Paradise, CA
equals
$800-$1,500
, which is
less
than the national average.