Check Availability
Paradise 95969
5406 Black Olive Drive
$55,000
● Land - For Sale

5406 Black Olive Drive

Paradise, CA 95969
bedrooms
Studio
bathrooms
0 Bath
$271
Est. Monthly

About This Property

Sometimes the right place to build starts with the location. Set on .27 acres in an established Paradise neighborhood, this vacant parcel offers a chance to create something new in a spot that keeps everyday convenience close while giving you a little extra breathing room. Located between Foster and Pearson Roads, you're just down the street from Joy Lyn's Candies and Paradise Community Park, with easy access to Skyway for commuting or getting around town. Behind the property, the Paradise Memorial Trailway creates separation from the parcels beyond, meaning there's no backyard sitting directly against yours. Instead, the trail becomes part of the setting and adds another connection to the community right outside your future backyard. Whether you're ready to build now or looking for a piece of Paradise to make your own, this .27-acre parcel puts you in a location where town, trails, and the opportunity to start fresh all come together.
Unit Size
-
Days on Market
41 days
Land Size
0.27 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1956

Listed By

Alisha Simpkins
Alisha Simpkins
Keller Williams Realty Chico Area

Payment Calculator

Cap Rate Calculator

Last updated: 2 months ago (CRMLS #SN26199602)

Price History

Date / Event Date Event Price
Aug 3, 2026 Listed by Keller Williams Realty Chico Area $55,000
Listed by Keller Williams Realty Chico Area
Oct 29, 2019 Sold
Sold
Sep 27, 2019 Listed by Keller Williams Realty Chico Area $25,000
Listed by Keller Williams Realty Chico Area
Ready for a project? Come be a part of re-building Paradise on this .27 acre lot located down the street from the old town shopping center, Main Street and the Town of Paradise Community Park. This lot previously held TWO homes totaling 1651 sqft. One was a 2 bedroom, 1 bathroom and the other a 1 bedroom, 1 bathroom. Homes were previously hooked up to public water and serviced by two conventional septic systems (current status unknown). Lot has been cleared and ready to go! This could be a great investment opportunity or chance to build your next home.
Dec 28, 2017 Sold
Sold
Oct 24, 2017 Listed by Coldwell Banker DuFour Realty $259,500
Listed by Coldwell Banker DuFour Realty
Two homes on one large lot!! Turn key investment opportunity ready for a new owner. Desirable Paradise location, half block to city park and shops. A path backs up to the property. 5406 Black Olive is a 1 bed, 1 bath cozy home with detached bonus room with walk in closet. Lots of character with the knotty pine tongue and groove walls in the living room. There is a garage for extra storage and two off street parking spaces. 5408 Black Olive is 2 bedroom, 1 bathroom charming home with a tub/ shower combo, inside laundry room, laminate floors and a detached garage/shop space. Both homes have been recently updated with fresh interior/exterior paint and many cosmetic upgrades like new laminate in the 5408 bathroom, new ceiling fan and some new oil rubbed bronze door hardware. Both homes have fully fenced backyards. This is a great turn key investment opportunity or purchase this property to live in one home and rent out the other home. (Sq. ft.from appraisal, bed/baths , & lot size taken public records & has not been verified by agent. The information contained herein has been obtained through sources deemed reliable but cannot be guaranteed as to its accuracy Buyer/Tenant is advised to investigate to their satisfaction. Any information of special interest should be obtained through independent verification.)

Property Highlights

With View
Exterior Details
Lot Features: Gentle Sloping, NearPark, ValueInLand
Lot Size Area: 11761
Lot Size Units: Square Feet
Lot Size Acres: 0.27
Lot Size Square Feet: 11761
Tax Lot: 4-6
Water Source: Public
Utilities Details
Sewer : SepticTypeUnknown

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 652
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,761
  • Total Building Area: 1,324
  • Building Area: 1,324
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 6
  • Heated Square Feet: 1,324
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: WOODSIDE
  • Land Acres: 0000000270
  • Standard Land Use Code: 0010
  • County Land Use Code: RZ
  • Legal Description 1: 5406 & 5408 BLACK OLIVE DR

Neighborhood

  • School District Name: Paradise Unified School District
  • Census Tract: 002200

Zoning

  • Zoning: CC

Geography

  • Parcel: 052-231-005-000
  • Lot: 4-6
  • Latitude: 39.7512
  • Longitude: -121.625

    Address

  • Full Address: 5406 Black Olive Dr
  • Address - House Number: 5406
  • Address - Street Name: Black Olive
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Paradise
  • Carrier Code: C018
  • 4-Digit Zip Code: 5024
  • Zip Code: 95969

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $63,572
  • Initial Tax Delinquent Year: 2020
  • Tax Rate Code Area: 005027

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $22,156
  • Assessed Land Value: $22,156

    Sales

  • Current Sale Contract Date: Oct 23, 2019
  • Current Sale Recording Date: Oct 29, 2019
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 2019-0047616
  • Previous Sale Recording Date: Dec 28, 2017
  • Previous Sale Contract Date: Dec 19, 2017
  • Previous Sale Amount: $245,000
  • Previous Sale Document Type: 36
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Paradise


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals



Frequently Asked Questions

When was property at 5406 Black Olive Drive built and last sold?
The property at 5406 Black Olive Drive was built in 1956 and last sold on Oct 23, 2019 for $21,500.
How much is this home worth?
The estimated value of the home located at 5406 Black Olive Drive is $55,550.
What are some comparable homes to 5406 Black Olive Drive?
There are currently no comparable homes to 5406 Black Olive Drive.