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Prime Multi-Family Development Opportunity – El Dorado Road An exceptional investment opportunity in El Dorado County! This RM-2 zoned parcel allows for 5 to 28 units per acre, making it ideal for multi-family development. A 30-unit apartment project was previously planned in the 1990’s. Property Highlights: ✅ Zoning: RM-2 (Residential Multi-Family, 5-28 units per acre) ✅ Utilities: Power: County power pole at the street Water: Available at the Northeast corner Sewer: Connection at the Northwest corner ✅ Land Features: Gently sloping, buildable terrain with mature trees Prime location with easy access to town, restaurants, post office, and amenities E-Z Highway access & public transportation nearby This versatile, ready-to-develop parcel is perfect for investors and developers looking to capitalize on the growing demand for housing in the area.
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Source:
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