
Rio Linda, CA 95673
This property presents a High-Potential Investment Opportunity with a List Price of $450,000—positioned well above the $374,601 Fair Market Value by 20%. While the current list price exceeds the estimated value, the AR-2 Zoning and Dual Residential Units offer significant long-term upside. With a Condition Rating of 5, this asset requires substantial renovation, making it a prime candidate for FHA 203-K financing. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to build sweat equity through a comprehensive restoration project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1913 C Street Subject | $450,000* List Price | 4 | 2 | 1,111 | $337 | - |
A 1929 E Street Sold | $465,000 | 2 | 2 | 1,443 | $322 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1955 with no evidence of recent major renovation. Exterior shows significant deferred maintenance including damaged siding and fascia boards. Interior features heavily stained carpeting and wall damage. The listing explicitly suggests FHA 203-K rehab financing, confirming the property requires substantial restoration.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21780, living area = 1111.
The property features two separate homes on a single lot, including a 4-bedroom primary residence and a 1-bedroom guest house, providing excellent potential for multi-generational living or rental income.
Zoned AR-2 on a deep half-acre lot, this horse-friendly property offers ample space for livestock, organic gardening, and a hobby shop, catering perfectly to a rural lifestyle.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The explicit mention of renovation-specific financing suggests the 1955-built structures require substantial repairs and modernization to be fully functional.
With only 1,111 square feet configured as a 4-bedroom home, the interior layout likely suffers from undersized bedrooms and limited common living areas.
2 HOUSES On One Very Big - Extra-Large - Lot. Attention HORSE-LOVERS: 4 Bedrooms 2 Bathrooms Primary Home; PLUS What May Be Referred To As A One Bedroom 1 Bathroom Granny Unit, Or Mother-In-Law Quarters, Or Guest House, Or Possible ADU. HORSE PROPERTY. Approximately +/- .5 (1/2) Acre Lot That Is Approximately +/- 386' deep ( A Very DEEP Lot). Zoning Believed To Be AGRICULTURAL Residential (AR-2). A Most Rare Find: Huge Approximately +/- One-Half (1/2) ACRE Lot With TWO(2) HOUSES Including Room/Space For An 'Organic Garden'; Space/Room For An 'Organic Family Orchard'; Room/Space For A 'HORSE' Or Another Barnyard Animal, e.g. Free Range Chickens Producing Fresh Organic Eggs. With Governmental Approval Believe That There May Be Than 'Enough Space/Room To Build A Hobby-Shop; And Room/Space To Park Your HORSE Trailer. Consider Utilizing Low Downpayment, FHA Insured 203-K, Financing To Create Your Own 'Swet Equity'. Lindo Ranchito. Hay Espacio Por Su Caballo. Hay Una Segunda Casa Por Sus Familiares O Sus Invitados. O Se Renta Una De Los Dos Casas. Hay Varias Otras Ranchitas En El Vecenario. Esta Casa Esta Rodeada De Otros Ranchitos En El Vecinario, Que Son Muy Bonitos. Algunos De Los Negocios Comerciales En Rio Linda Tienen Postes De Enganches De Caballos. No Se Falta Esta Oportunidad.
No exterior & parking available.
Grades K-4 • 1.0 mi
Grades 5-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,111 | 1,372.476 |
| Lot Size | 21,780 | 8,794.714 |
| Price | $450.0K | $451.3K |
| Price per sq ft | $405 | $359 |
| Built year | 1955 | 1980 |
| HOA | $0 | $0 |
| Days on market | 19 | 36 |
Aug 21, 2026
$450,000
Initial Listing
Feb 8, 2005
$265,000
Public Record