
Greenfield, California 93927
Two older units on one 30,000 sq ft lot. Lots of potential for future development . Zoned R-M, multifamily residential. Tenants have been in place for several years.
Property is land value only, full reconstruction required.
The property was built in 1940 (84 years old) with no recorded renovations. The listing emphasizes the 30,000 sq ft lot and 'future development' potential, indicating the value is primarily in the land rather than the aging, original structures.
The expansive 30,000 sq ft lot combined with R-M (Multifamily Residential) zoning offers a prime opportunity for high-density residential development or expansion.
The property features two existing units with long-term tenants already in place, providing immediate rental income for an investor during the entitlement or planning phases.
A nearly 0.7-acre parcel within city limits is a rare find, offering substantial land value and flexibility for various mixed-use or residential configurations.
Built in 1940, the two 'older' units may require significant maintenance, repairs, or eventual demolition to realize the property's highest and best use.
The list price is primarily driven by the land's development potential rather than the condition of the existing 1,867 sq ft of living space, which may challenge traditional residential financing.
No exterior & parking available.
No sensitive facilities data found.
Oct 20, 2026
$700,000
Initial Listing
Jun 30, 1994
$130,000
Public Record
Apr 5, 1994
$3,019,500
Public Record