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Investment Highlights

  • R3 zoning – multifamily redevelopment opportunity
  • Ideal for 4–6 unit infill development
  • Strong location near major corridors
  • 7,829 sq ft lot with full alley access
  • Existing structure on site (1,907 sq ft)
  • Flat, level lot with utilities to site

Executive Summary

Prime R3 infill redevelopment opportunity with alley access. Ideal for 4–6 units.

Property Facts

Price $1,724,075 CAD
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 0.18 AC
Zoning R3 - R3 zoning allows multifamily development. Alley access supports improved site circulation and parking.

1 Lot Available

Lot

Price $1,724,075 CAD
Price Per AC $9,592,636.30 CAD
Lot Size 0.18 AC

Prime R3 infill lot with alley access. 7,829 sq ft parcel suitable for multifamily redevelopment. Existing structure on site.

Description

Prime R3-zoned infill redevelopment opportunity located in Midway City. The property offers a 7,829 sq ft lot with full alley access, ideal for small multifamily development. Existing improvements include an existing duplex structure (non-conforming interior) and detached garage, providing full utility connections and a previously developed site for streamlined redevelopment. The lot’s level topography, utilities to site, and secondary street frontage make it well-suited for 4–6 unit multifamily, ADU stacking, or other medium-density residential concepts permitted under R3 zoning. Strong location near major corridors, employment centers, and retail amenities. Rare opportunity to acquire a centrally located redevelopment parcel in a high-demand rental market.

Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
097-131-12
Land Assessment
$684,260 CAD
Improvements Assessment
$95,890 CAD
Total Assessment
$780,149 CAD
  • Listing ID: 41765568

  • Date on Market: 2026-08-15

  • Last Updated:

  • Address: 14931 Adams St, Midway City, CA 92655

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