19435 East Street, Woodland, CA 95776, Woodland, 95776 - 2 bed, 1 bath

19435 East Street, Woodland, CA 95776 home-pic-0
ACTIVE$840,000$1,000/sqft
19435 East Street, Woodland, CA 95776
2Beds
1Bath
1,000Sqft
60,113Lot

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 = 60113, living area = 1000.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =60113, other record lot size in square feet = 83199.

Compared to the nearby listings

Price:$840.0K vs avg $625.0K (+$215,000)93%
Size:1,000 sqft vs avg 1,975 sqft2%
Price/sqft:$840 vs avg $30699%

More Insights

Condition: The interior of the property has undergone recent cosmetic updates, including new laminate flooring, fresh paint, recessed lighting, and modern mini-split HVAC systems, making it move-in ready. While the kitchen and bathroom vanity are dated in style and would benefit from future renovation, they appear functional and well-maintained. The overall structure is older, but the recent interior improvements elevate its condition beyond 'Fair'.
Year Built
Close
-
List price
$840K
Original List price
-
Price/Sqft
$840
HOA
$0
Days on market
-
Sold On
-
MLS number
225067969
Home ConditionGood
Features
View-

About this home

Zoning is Corridor Mixed Use (CMUE) which allows for a wide variety of uses including high density residential, senior housing, office, retail and more. Located close to Woodland Senior & Community Center and future Swim Center (currently under construction). Presently the property has a single story home/office and a hobby barn/garage which could provide income while planning a project suitable for this amazing location. Utilities at East St property line.

D
Don Sharp
Listing Agent

Price History

Date
Event
Price
12/12/23
Sold
$460,000
Condition Rating
Good

The interior of the property has undergone recent cosmetic updates, including new laminate flooring, fresh paint, recessed lighting, and modern mini-split HVAC systems, making it move-in ready. While the kitchen and bathroom vanity are dated in style and would benefit from future renovation, they appear functional and well-maintained. The overall structure is older, but the recent interior improvements elevate its condition beyond 'Fair'.
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 = 60113, living area = 1000.
Flexible Mixed-Use Zoning: The Corridor Mixed Use (CMUE) zoning permits a broad spectrum of development, including high-density residential, senior housing, office, and retail, offering significant investment versatility.
Substantial Development Potential: A generous 60,113 sqft (1.38 acre) lot, coupled with flexible zoning, presents an exceptional opportunity for large-scale redevelopment.
Interim Income Generation: The existing single-story home/office and hobby barn/garage can provide immediate rental income, offsetting holding costs during the planning phase for future projects.
Prime Community Location: Situated near the Woodland Senior & Community Center and a future Swim Center, the property benefits from proximity to key amenities, enhancing its appeal for various community-oriented developments.
Readily Available Utilities: Essential utilities are already present at the East Street property line, streamlining the development process and reducing initial infrastructure expenses.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =60113, other record lot size in square feet = 83199.
Underutilized Existing Structures: The current 1,000 sqft residential/office structure and barn do not maximize the property's potential given its zoning and lot size, suggesting the primary value is in the land for redevelopment.
Substantial Price Appreciation: A significant 82.6% price increase from its last sale in December 2023 ($460,000 to $840,000) may require thorough market justification and could be perceived as speculative.
Extensive Redevelopment Required: Capitalizing on the property's full potential necessitates considerable investment in demolition, planning, permitting, and construction, implying a long-term, high-capital project.
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