Property Map
Street View
Courtesy of Intero Real Estate Services, Bobby Tran 510-862-8017
Description
Discover this unique investment opportunity to own a fully renovated home situated on an expansive 8-acre lot. The property boasts numerous upgrades, including brand-new LVP flooring, a new roof with gutters, remodeled bathrooms and kitchen, new appliances, fresh paint, upgraded electrical systems, and enhanced backyard landscaping. A Tentative Map has been approved for rezoning to RD-4, allowing for the subdivision of 15 spacious lots (averaging over 10,000 sq. ft.), complete with two cul-de-sacs. The proposed community will include a bike and pedestrian trail along the adjacent creek, offering excellent recreational options.Located within walking distance of Pleasant Grove, the top-rated school in the Elk Grove Unified School District, this property is a prime location for high-end single-family homes, surrounded by million-dollar estates.Generate rental income (pro forma $2,500/month) while completing the final subdivision map. A separate studio with a bathroom also on this parcel, providing privacy or rental income. Don’t miss this rare opportunity for investors or small builders to develop in one of Elk Groves most desirable areas. Full disclosure information is available upon request!
Property Details and Features
Listing
- Source: MLSListings
- Listed on 2024-12-03 08:09:23
Lot
- Max Area: 344124.00
- Max Area Units: Square Feet
- Possible Lot Split
- Stream – Year Round
- Subdivided
- Surveyed
Bedrooms
- 3 bedrooms
Bathrooms
- 2 full bathrooms
Location
- County: Sacramento
Building
- Built in 1950
- 1,517 square feet
- 1,517 living square feet
- Style: Contemporary
- Building type: Detached
Dining Room
- Dining Area in Family Room
Family Room
- Kitchen / Family Room Combo
Fireplaces
- 1 fireplace (minimum)
- Wood Burning
Foundation
- Crawl Space
Roof
- Composition
- Shingle
Cooling
- Central AC
Garage
- No Garage
Parking
- 8 parking spaces
Water Features
- Well
Heating
- Central Forced Air
Utilities
- Public Utilities
Sewer
- Septic Connected
Property
- River / Stream
- Zoning: RD-4
- Fire Pit
- Horse property?: No
Schools
- Elementary school district: Elk Grove Unified
- High school district: Elk Grove Unified
Request More Info
Schedule a Showing
Listings last updated on December 21, 2024 12:04AM.