1685 Arcade Boulevard, Sacramento, CA 95815, Sacramento, 95815 - 2 bed, 1 bath
ACTIVE$265,000$840/sqft
1685 Arcade Boulevard, Sacramento, CA 95815
2Beds
1Bath
840Sqft
29,621Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 29621, living area = 840.
Top Cons:
Extensive Renovation Required: The current house is in 'serious repair,' necessitating substantial investment and effort for rehabilitation or complete redevelopment.
Compared to the nearby listings
Price:$265.0K vs avg $327.8K ($-62,750)26%
Size:840 sqft vs avg 1,050 sqft28%
Price/sqft:$315 vs avg $32148%
More Insights
Built in 1928 (98 years old).
Condition: Built in 1928, the property is in an extreme state of disrepair, as explicitly stated in the description ('in need of serious repair') and confirmed by the images. Windows are boarded, the interior is severely damaged, dirty, and appears uninhabitable. The kitchen and bathroom are completely dilapidated, unsanitary, and non-functional, showing no signs of renovation in decades. The property's value is clearly in the large lot for redevelopment, not the existing structure.
Year Built
1928
Close
-
List price
$265K
Original List price
-
Price/Sqft
$315
HOA
$0
Days on market
-
Sold On
-
MLS number
226005529
Home ConditionTear down
Features
Good View:
View-
About this home
Attention investors- Here is the next project you are seeking. The current house is in need of serious repair, plus this huge .68 acre lot offers so many possibilities. What a location- a nice, wide lot that backs to a creek. Come take a look with your vision of its future use.
A
Andrew Thielen
Listing Agent
Price History
Date
Event
Price
12/23/20
Sold
$250,000
03/15/16
Sold
$279,000
11/06/03
Sold
$189,000
Condition Rating
Tear down
Built in 1928, the property is in an extreme state of disrepair, as explicitly stated in the description ('in need of serious repair') and confirmed by the images. Windows are boarded, the interior is severely damaged, dirty, and appears uninhabitable. The kitchen and bathroom are completely dilapidated, unsanitary, and non-functional, showing no signs of renovation in decades. The property's value is clearly in the large lot for redevelopment, not the existing structure.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 29621, living area = 840.
Expansive Lot Size: The property boasts a significant 0.68-acre (29,621 sqft) lot, offering ample space for expansion, landscaping, or potential redevelopment.
High Investment Potential: Explicitly marketed to investors as 'the next project,' indicating strong potential for a profitable renovation or development.
Desirable Natural Setting: The lot backs directly to a creek, providing a unique natural amenity, enhanced privacy, and aesthetic appeal.
Development Flexibility: The large, wide lot offers 'so many possibilities,' suggesting potential for various future uses or significant property enhancements, subject to zoning.
No Homeowners Association (HOA) Fees: The absence of HOA fees reduces ongoing ownership costs and provides greater freedom for property modifications.
Cons
Extensive Renovation Required: The current house is in 'serious repair,' necessitating substantial investment and effort for rehabilitation or complete redevelopment.
Advanced Age of Structure: Built in 1928, the existing home is likely to have outdated systems, potential structural issues, and higher maintenance needs, increasing renovation complexity.
Limited Existing Living Space: The current 840 sqft, 2-bed/1-bath configuration is quite small, which may limit immediate appeal to owner-occupants seeking a larger family home.