2804 California Avenue, Carmichael, CA 95608, Carmichael, 95608 - 5 bed, 3 bath
ACTIVE$1,450,000
2804 California Avenue, Carmichael, CA 95608
5Beds
3Baths
2,864Sqft
84,506Lot
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 = 84506, living area = 2864.
Top Cons:
Extensive Renovation Required: The house is explicitly stated to be in 'shell condition,' necessitating a complete and costly renovation or rebuild, making it uninhabitable as-is.
Compared to the nearby listings
Price:$1.45M vs avg $529.0K (+$921,000)96%
Size:2,864 sqft vs avg 1,783 sqft87%
Price/sqft:$506 vs avg $32297%
More Insights
Built in 1946 (79 years old).
Condition: The property was built in 1946, making it over 75 years old. The listing explicitly states the 'House is in shell condition' and is 'uninhabitable as-is,' necessitating a complete renovation or rebuild. This indicates the existing structure is beyond practical repair for residential use, and its value is based solely on the land and its development potential. There are no functional kitchens or bathrooms to assess, as the house is essentially a stripped-down shell.
Year Built
1946
Close
-
List price
$1.45M
Original List price
-
Price/Sqft
$506
HOA
$0
Days on market
-
Sold On
-
MLS number
225104870
Home ConditionTear down
Features
View-
About this home
Lot Split Possible, See Remarks. Also appears in Land: MLS #224112042. Near Ancil Hoffman Park and Golf Course. House is in shell condition. Tentative Map was approved for 3 lots. Can add 3 ADUs. Zoned for horses.
Price History
Date
Event
Price
09/14/21
Sold
$850,000
04/10/19
Sold
$705,000
Condition Rating
Tear down
The property was built in 1946, making it over 75 years old. The listing explicitly states the 'House is in shell condition' and is 'uninhabitable as-is,' necessitating a complete renovation or rebuild. This indicates the existing structure is beyond practical repair for residential use, and its value is based solely on the land and its development potential. There are no functional kitchens or bathrooms to assess, as the house is essentially a stripped-down shell.
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 = 84506, living area = 2864.
Significant Development Potential: The property offers exceptional development opportunities with a tentative map approved for 3 lots and the ability to add 3 ADUs, maximizing land value for investors or developers.
Expansive Lot Size: An impressive 84,506 sqft (approximately 1.94 acres) lot provides ample space for various uses, privacy, and future expansion or development.
Desirable Location: Proximity to Ancil Hoffman Park and Golf Course enhances the property's appeal, offering recreational access and a potentially upscale neighborhood.
Equestrian Zoning: Zoned for horses, this property caters to a specific and often affluent buyer segment, adding a unique value proposition for equestrian enthusiasts.
Generous Existing Structure Size: The existing 5 beds, 3 baths, 2864 sqft structure, despite its condition, indicates a substantial footprint that could be redeveloped into a large, modern home.
Cons
Extensive Renovation Required: The house is explicitly stated to be in 'shell condition,' necessitating a complete and costly renovation or rebuild, making it uninhabitable as-is.
Significant Capital Investment: Beyond the purchase price, buyers must be prepared for substantial additional investment in construction and development costs to realize the property's full potential.
Project-Oriented Purchase: This property is not a move-in ready home but a complex development project, limiting its appeal to a specific type of buyer (investors, developers, or those seeking a custom build).