4851 Warren Ave, Sacramento, CA 95838, Sacramento, 95838 - 0 bed, 0 bath
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This property presents a Strong Value Opportunity with a List Price of $1,689,000—positioned well below the $1,781,865 Fair Market Value by 5%. This valuation gap offers $92,865 in Instant Equity. Featuring a massive 108,900 sqft lot with a final map nearly ready for 9 separate lots, this Development Opportunity is a prime Asset for scaling. Despite a Condition Rating of 6, the existing Triplex provides immediate rental income. This is an ideal acquisition for Buy-and-Hold Investors or Residential Developers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4851 Warren Ave Subject 0 bd · 0 ba · 2,998 sqft · $594 | $1,689,000* List Price | 0 | 0 | 2,998 | $594 | - |
A 4851 Warren Avenue Active 6 bd · 3 ba · 2,550 sqft · $667 · 0.0 mi | $925,000 | 6 | 3 | 2,550 | $667 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The property was built in 1948 (>50 years old) with no mentioned updates or renovations. It is explicitly marketed as an 'Investor/Developer Special' and a 'Development Opportunity' with a final map almost ready for 9 separate lots, indicating the value is primarily in the land for redevelopment despite currently being rented.
The property presents a major investment opportunity with a final map almost ready for subdivision into 9 separate lots, making it ideal for developers.
With 3 existing homes currently rented out, the property generates immediate cash flow to help offset holding costs during the development planning phase.
Boasting a massive lot size of 108,900 square feet (approximately 2.5 acres), the property provides substantial land area for a large-scale residential project.
Built in 1948, the existing homes are older and may require ongoing maintenance or eventual demolition costs to fully realize the development potential.
The closest assigned public schools, such as Taylor Street Elementary and Grant Union High, have lower ratings, which may impact appeal for future family homebuyers.
Investor/Developer Special. Development Opportunity. Final map almost ready for 9 separate lots. Currently there are 3 homes that are rented out.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 0.7 mi
Grades K-6 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 3.5 |
| Square foot | 2,998 | 1,951.727 |
| Lot Size | 108,900 | 6,558.2 |
| Price | $1.69M | $658.0K |
| Price per sq ft | $563 | $327 |
| Built year | 1948 | 1957 |
| HOA | $0 | $304 |
| Days on market | 29 | 52 |
Sep 25, 2026
$1,689,000
Initial Listing
Apr 25, 2022
$925,000
Public Record
May 11, 2021
$775,000
Public Record
Mar 29, 2004
$620,000
Public Record
Mar 29, 2004
$109,000
Public Record
Sep 12, 2003
$605,000
Public Record