2896 Allan Avenue, West Sacramento, CA 95691, West Sacramento, 95691 - 2 bed, 1 bath
ACTIVE$419,999$912/sqft
2896 Allan Avenue, West Sacramento, CA 95691
2Beds
1Bath
912Sqft
26,397Lot
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 = 26397, living area = 912.
Top Cons:
Age of Existing Structure: The existing 912 sqft home was built in 1942, indicating it is likely outdated and may require extensive renovation or demolition for modern living standards.
Compared to the nearby listings
Price:$420.0K vs avg $560.0K ($-140,001)23%
Size:912 sqft vs avg 1,740 sqft5%
Price/sqft:$461 vs avg $30494%
More Insights
Built in 1942 (84 years old).
Condition: Built in 1942, the property exhibits severe disrepair, exposed wiring, and extremely outdated kitchen and bathroom fixtures. The interior features worn carpets, peeling paint, and unfinished walls, indicating it is not suitable for comfortable living. The listing description and property analysis explicitly suggest the existing structure may require 'extensive renovation or demolition,' valuing the land over the dwelling.
Year Built
1942
Close
-
List price
$420K
Original List price
-
Price/Sqft
$461
HOA
$0
Days on market
-
Sold On
-
MLS number
225139567
Home ConditionTear down
Features
Patio
View-
About this home
Welcome to 2896 Allan Avenue! Here is a rare opportunity to own a parcel of open land for endless opportunities. This property offers the potential to build your custom home, shop or horse property. Updated septic system and well depth is over 100 feet for quality water. It includes an oversized shop.
E
Edgar Barajas
Listing Agent
Price History
Date
Event
Price
05/14/01
Sold
$25,000
Condition Rating
Tear down
Built in 1942, the property exhibits severe disrepair, exposed wiring, and extremely outdated kitchen and bathroom fixtures. The interior features worn carpets, peeling paint, and unfinished walls, indicating it is not suitable for comfortable living. The listing description and property analysis explicitly suggest the existing structure may require 'extensive renovation or demolition,' valuing the land over the dwelling.
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 = 26397, living area = 912.
Development Potential: This property offers a rare opportunity to own open land with significant potential to build a custom home, shop, or horse property, catering to diverse buyer needs.
Generous Lot Size: With a substantial lot size of 26,397 sqft (over half an acre), there is ample space for new construction, landscaping, and various outdoor amenities.
Updated Septic System: The presence of an updated septic system is a valuable improvement, reducing immediate infrastructure costs and concerns for potential buyers.
Reliable Water Source: A well depth of over 100 feet ensures a quality and reliable water supply, a significant asset for properties with development potential.
Existing Oversized Shop: The property includes an oversized shop, providing immediate utility for storage, hobbies, or potential business use, adding tangible value.
Cons
Age of Existing Structure: The existing 912 sqft home was built in 1942, indicating it is likely outdated and may require extensive renovation or demolition for modern living standards.
Small Existing Dwelling: The current dwelling is small, with only 2 bedrooms and 1 bathroom, which may not meet the needs of many buyers looking for a primary residence without significant expansion.
Required Investment for Development: While offering potential, the property primarily sells as land for building, meaning significant additional investment in construction is required to realize its full value, which can be a barrier for some buyers.