24825 Harrison Street, Foresthill, CA 95631, Foresthill, 95631 - 2 bed, 1 bath
24825 Harrison Street
Foresthill, CA 95631
Property Price
SUMMARY
Analysis of 24825 Harrison Street, Foresthill, CA 95631 is currently available with a list price of $399,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Foresthill Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
The property was built in 1948, making it 76 years old, with no indication of major renovations in the past 50 years. The images show a very old, rustic cabin with visible signs of significant wear and tear, including rust on the metal roof. The listing description itself suggests living in the cabin 'while you develop the property,' implying it's a temporary or very basic dwelling, and the property analysis explicitly states it 'could be considered a tear-down.' The primary value of this listing is clearly the 7.1 acres of land and its development potential, not the existing structure as a livable, modern home. Without interior photos, and given the exterior condition and age, the cabin is likely unlivable or requires demolition to realize the land's full potential.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 309276, living area = 1410.
- Exceptional Development Potential
The property consists of 4 separate, surveyed parcels with RM-DL4 SF zoning (4+ units per acre), allowing for the construction of 4 homes with ADUs or duplexes, presenting a significant investment and development opportunity.
- Extensive Infrastructure In Place
Crucial utilities are already installed, including 4 FHPUD power meters to each parcel, 5 water meters, and a septic system for the existing cabin, significantly reducing initial development costs and timelines.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =309276, other record lot size in square feet = 39204.
- Age and Condition of Existing Cabin
Built in 1948, the existing cabin is likely dated and may require significant renovation or could be considered a tear-down, adding to the overall project cost for a developer.
- Incomplete Listing Presentation
The listing notes that 'MORE PHOTOS TO COME' and that the seller is 'WAITING ON SUREYOR AND PATHYWAYS TO WALK ALONG THE PROPERTY LINES,' indicating that the property's full scope and visual documentation are not yet complete, which could create uncertainty for potential buyers.
About 24825 Harrison Street
LIVE IN THE CABIN WHILE YOU DEVELOPE THE PROPERTY. CONSISTS OF 4 SEPARATE PARCELS READY FOR MULTIPLE UNITS. PROPERTY LINES SURVEYED. BUILD 4 HOMES WITH ADU UNITS ON EACH ONE OR DUPLEXES. GREAT FOR INVESTMENT OPPORTUNITY. ZONING RM-DL4 SF., 4+ UNIT PER ACRE/APPROX. 4 FHPUD METERS ARE ALREADY IN TO EACH PARCEL, METER MAP AVAILABLE. ELECTRICITY, PHONE, CABLE & INTERNET AT END OF HARRISON, BLM LAND ON SOUTH SIDE. SMALL CABIN HAS A SEPTIC IN AND POWER, AND 5TH WATER METER ALSO IN. GREAT LEVEL PROPERTY WITH A ROLLING GRADE ON BACK PARCEL. MANY TREES. CLOSE TO WALKING DISTANT TO TOWN, SCHOOLS AND RESTAURANTS. LOTS OF POSSIBILITY FOR ADDITIONAL HOUSES OR PLEXES.WATER METERS ARE IN AND INCLUDED IN SALE. GREAT VALUE FOR A TOTAL OF 7.1 ACRES. INCLUDES APN# 007-220-058-000 , APN# 007-220-059-000, APN# 007-220-060-000 AND APN# 007-220-061-000. MORE PHOTOS TO COME/ WAITING ON SUREYOR AND PATHYWAYS TO WALK ALONG THE PROPERTY LINES. SELLER WILL CONSIDER SELLING EACH LOT SEPARATELY, SPECIAL CONDITIONS APPLIES. PARCEL MAPS AVAILABLE
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1948
- Lot Size
- 309,276 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 29% |
| Baths | 1.0 | 2.0 | 6% |
| Square foot | 1,410 | 1,875 | 18% |
| Lot Size | 309,276 | 47,916 | 94% |
| Price | $399.0K | $485.0K | 24% |
| Price per sq ft | $283 | $269 | 55% |
| Built year | 1948 | 1986 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 395 | 264 | 84% |
Pricing History
Listed for Sale
Feb 5, 2025
$399,000
Initial Listing