Put your dreams of MULTI-Family ownership to reality with this fabulous lot with views that previously housed a 2693 sq foot TRIPLEX, each unit consisting of 2 bedrooms and 1 bath. Nestled in beautiful "Old" Magalia, just minutes from Paradise but below the bridge into Magalia providing easier access yet the beautiful pine tree feeling atmosphere. Parcels like this are hard to come by so this just may be that lucky charm you have been wanting, buy now and start your development plans for spring. Prior complex had garages/carports that sat below each unit, but you could design as you wish. Property offers views of the reservoir and neighboring mountain range. Located near multiple business developments and just a short drive to the nearest schools. Public transit stops are nearby PLUS it's a simple walk to the Paradise Memorial Walking trail that spans from the top to bottom of Paradise giving you easy access for walking and biking throughout town. Explore this opportunity today!