INVESTOR'S SWEET DREAM 3244 Panama Ave, Carmichael. (APN 273-0301-019-000): offers a large flat, unique SPA Zoning lot, boasting a generous 0 .36 acre alongside its Attached Single Family Fixer. The Residence is Uninhabitable and has been vacant for years. Adjacent sister lot which is vacant residential land is included in a Separate Sale: (APN: 273-0301-018-0000). Both lots make up 0 .71 acre . The lots are part of the prestigious Carmichael suburban community. On site utilities & a private driveway ready for you to build your dream homes/multifamily. (Please consult Sacramento Planning & Permit department for its highest and best use). Property is being sold AS-IS, WHERE-IS. Buyer to do all due diligence. The prestigious IB School system is within a walking distance away. The beautiful parcels are nestled in the highly sought after communities of Carmichael and Fair Oaks, less than 2 miles from Riverside Golf Course and Ancil Hoffman Nature Center, bordering the Sacramento River. NO HOA and NO MELLO ROOS! Fantastic investment opportunity located in an already established area of improved properties, high-density of single-family homes. These parcels are located in a Special Planning Area (SPA) zoning, allowing for specific regulations and land uses that go beyond the ordinary. These exceptional zoning previsions grant you the freedom to create something truly extraordinary and tailor-made for the community's needs, beyond your standard residential uses like multi-family units, such as condos or apartments, for the highest and best use. Take advantage of the ever-growing demand in this desirable community and watch your investment soar!