CRMLS SN25144905

6118 Clark, Paradise CA 95969

Residential Income · Mixed Use · Active

$1,399,999
Price$1,399,999
Units4
Gross scheduled income$50,400
Seller NOI$39,646
Listed cap rate
Days on market257

Photos

6118 Clark, Paradise CA 95969
6118 Clark, Paradise CA 959696118 Clark, Paradise CA 959696118 Clark, Paradise CA 959696118 Clark, Paradise CA 959696118 Clark, Paradise CA 959696118 Clark, Paradise CA 959696118 Clark, Paradise CA 959696118 Clark, Paradise CA 959696118 Clark, Paradise CA 959696118 Clark, Paradise CA 959696118 Clark, Paradise CA 959696118 Clark, Paradise CA 959696118 Clark, Paradise CA 959696118 Clark, Paradise CA 959696118 Clark, Paradise CA 959696118 Clark, Paradise CA 959696118 Clark, Paradise CA 959696118 Clark, Paradise CA 959696118 Clark, Paradise CA 959696118 Clark, Paradise CA 959696118 Clark, Paradise CA 959696118 Clark, Paradise CA 959696118 Clark, Paradise CA 95969

Listing remarks

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!! Per the town of Paradise, this site has many potential uses, a “community care facility” which is defined in the Paradise Municipal Code as a facility that provides “non medical residential care, adult day care, child day care, intermediate care, congregate living, health care, or home-finding agency services for children, adults, or children and adults, including but not limited to the physically handicapped, mentally impaired or incompetent persons and does not include drug recovery facilities.” That use would be subject to a Conditional Use Permit and be acted upon by the Planning Commission through a public hearing process: The possibilites here are endless.....

Unit mix

UnitCountBedsBathsActual rentPro forma
1411$1,050$4,200

Property facts

Year built1972
Parcel053103031000
Lot221,720.4 SF
Building/Living area2,200 SF
Heating
Cooling
WaterPublic
SewerSeptic Tank

Additional MLS fields

Original list price$2,800,000
Listing date2025-06-27
ZoningMF
Buildings1
Operating expenses$10,754
Insurance$3,218
Water/sewer$2,760
Trash$1,056
Annual tax$10,000
Rent controlNo
Electric meters4
Gas meters4
Water meters4
Parking4
LaundrySee Remarks
Lot featuresEleven To Fifteen Units Acre
CommunityFoothills, Fishing, Hiking, Hunting, Rural, Water Sports
ViewNeighborhood
PoolNone
Senior communityNo
Last MLS update2026-03-11T15:43:11.437-00:00

See how Matt runs his numbers

Request a one-page investment summary using Matt’s underwriting lens.

Request summary
MLS attribution: Listing provided by Century 21 Select Real Estate, Inc., Allan MacDonald. Data source: CRMLS via Trestle / CRMLS. MLS ID SN25144905. Information is deemed reliable but not guaranteed and may change without notice.