0 CALIFORNIA AVE

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Address: 0 California Ave, Reno, NV 89509, USA
Phoenix & Southwest + Land/Development
Created date: September 17, 2025
Date last updated: September 15, 2026
Price: $579,000Investment Analyzer NEW!
  • Location
  • Area Comps are selling at over $350 sq ft
  • Hard to come by area for Infill Project
  • Brand new bike path and sidewalk connecting site to Downtown

Property Description

Undeveloped land that is fully entitled for a 16 unit Luxury Townhome development. Preliminary plans are included with the property. Just 1/2 mile from downtown nightlife and restaurants. Walkable to drug store, cleaners, Idelwild Park, Reno High School. Approved entitlements include: Zoning change allowing up to 20 residential units. Tentative map for 16 residential units, Special use permit for grading that allows cuts greater than 20' in depth and a single family residential attached development. Owners are willing to JV if buyer desires.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Land/Development
Price: $579,000
Lot Size: 1.12 Acres
Opportunity Zone: No
Property Website Click Here
Address: 0 CALIFORNIA AVE, Reno, NV 89509, USA
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Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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