$2,800,000

6118 Clark Rd Paradise, CA 95969

Estimated payment $16,342/month

Total Views 563
1 Bed
1 Bath
2,200 Sq Ft
$1,273 Price per Sq Ft

Highlights

  • Fishing
  • No HOA
  • Hiking Trails
  • 5.09 Acre Lot
  • Neighborhood Views
  • Laundry Room

About This Home

Incredible potential for a large Multi Unit complex in the heart of Paradise. Property consists of two parcels, with total of 5.09 acres MF zoning. Prior to Camp Fire was Shelter Cover Apartments, 32 units with carports and 8 total buildings, 4 units per. Currently is a 1- 4 unit building onsite, which was completely renovated after fire, and all new, 4-1bedroom units. Located in center of proposed sewer system area, which would allow for up to 30 units per acre if and when sewer connection becomes available. Currently approved for 32 units, If the buyer is interested in increasing the total unit count to 75, that could potentially be supported by the zoning which allows up to 15 units/ac with the use a clustered wastewater system (common area engineered system). That process starts with the buyer connecting with a wastewater engineer to do wastewater calculations, and soils testing, to submit to the Onsite Wastewater Division for review and approval through a “Land Use Review. If and when sewer take place, the unit count could be increased to 150 units making this an outstanding long term income stream or potentially massive re sale value. Several points for ingress/egress in place, with all the older septic tanks removed, making it easier for developing, and laying out the site for flow with unit placement, with the current 4 unit building tucked to North West corner at Lovely Lane. The potential here is incredible, investment groups welcome, or the savoy individual investor!!

Listing Agent

Allan MacDonald

Century 21 Select Real Estate, Inc. Brokerage Phone: 530-514-5163 License #01320729 Listed on: 06/27/2025

Century 21 Select Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,000

Year Built

  • Built in 1972

Lot Details

  • 5.09 Acre Lot
  • 1 Common Wall
  • Rural Setting
  • Density is 11-15 Units/Acre
  • 053103032

Home Design

  • Property Attached

Interior Spaces

  • 2,200 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces

Utilities

  • Conventional Septic
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 053103031000

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Foothills

Recreation

  • Fishing
  • Hunting
  • Water Sports
  • Hiking Trails

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $960
  • Gardener Expense $2,760
  • Insurance Expense $3,218
  • Trash Expense $1,056
  • Water Sewer Expense $2,760
  • Operating Expense $10,754
  • Net Operating Income $39,646

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,000

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 700000
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: Yes
  • Water Sewer Expenses: 2760.00
  • Zoning: MF
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 2760.00
  • Parcel Number: 053103031000
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: ground
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Price Per Square Foot: 1272.73

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Connected
  • Laundry: Yes
  • Sewer: Conventional Septic
  • Trash Expense: 1056.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Fishing, Foothills, Hiking, Hunting, Watersports, Rural

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 053103032
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 221720.40
  • Lot Size Acres: 5.0900

Multi Family

  • Electric Expense: 960.00
  • Gross Scheduled Income: 50400.00
  • Insurance Expense: 3218.00
  • Lot Size Area: 5.0900 Acres
  • Net Operating Income: 39646.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 10754.00
  • Rent Control: No
  • Total Expenses: 10754.00

Tax Info

  • Tax Annual Amount: 10000.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,786 $770,000 $330,000 $440,000
2023 $5,710 $511,906 $236,719 $275,187
2022 $5,605 $501,870 $232,078 $269,792
2021 $5,486 $492,030 $227,528 $264,502
2020 $5,219 $486,985 $225,195 $261,790
2019 $5,118 $477,437 $220,780 $256,657
2018 $10,919 $1,028,145 $216,451 $811,694
2017 $10,754 $1,007,986 $212,207 $795,779
2016 $10,346 $988,223 $208,047 $780,176
2015 $10,185 $973,380 $204,922 $768,458
2014 $9,999 $954,313 $200,908 $753,405
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 For Sale $2,800,000 +180.0% --
10/19/2023 10/19/23 Sold $1,000,000 -14.9% $5 / Sq Ft
09/22/2023 09/22/23 Pending -- -- --
09/06/2023 09/06/23 For Sale $1,175,000 -- $5 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,000,000 Mid Valley Title
Interfamily Deed Transfer -- None Available
Grant Deed $2,000,000 Mid Valley Title & Escrow Co
Grant Deed $1,385,000 Mid Valley Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $800,000 New Conventional
Previous Owner $1,550,000 Seller Take Back
Previous Owner $750,000 Commercial
Previous Owner $795,000 Seller Take Back
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN25144905

California Regional Multiple Listing Service (CRMLS)

APN: 053-103-031-000