4851 Warren Avenue, Sacramento, CA 95838, Sacramento, 95838 - 6 bed, 3 bath
Loading property details...
Sacramento, CA 95838
Analysis of 4851 Warren Avenue, Sacramento, CA 95838 is currently available with a list price of $1,699,900. 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 Sacramento Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1948, the existing three homes are explicitly described as 'older' and will 'likely require significant renovation or demolition' for the stated 'development opportunity' into 9 separate lots. The property's value is clearly in the land for redevelopment, indicating the structures are considered beyond repair or not worth renovating for the intended use.
The property offers a significant development opportunity with a final map almost ready for 9 separate lots, maximizing land utilization and future value.
With a generous lot size of 108,900 sqft (approximately 2.5 acres), there is ample space to execute the proposed multi-lot development plan.
The presence of three currently rented homes provides immediate cash flow, which can help offset holding costs during the development phase.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2550, other record living area = 2998. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 7.
Built in 1948, the existing three homes are older and will likely require significant renovation or demolition, adding to the overall development costs and timeline.
Marketed as an 'Investor/Developer Special' with a list price of $1.6999M, this property demands substantial capital beyond the purchase price for the necessary development, permitting, and construction.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 6.0 | 50% |
| Baths | 3.0 | 4.5 | 50% |
| Square foot | 2,550 | 1,964 | 83% |
| Lot Size | 108,900 | 6,838.8 | 83% |
| Price | $1.70M | $670.0K | 83% |
| Price per sq ft | $667 | $379 | 67% |
| Built year | 1948 | 1996 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 85 | 187 | 17% |
Jan 27, 2026
$1,699,900
Initial Listing
Apr 25, 2022
$925,000
Public Record
May 11, 2021
$775,000
Public Record
Mar 29, 2004
$109,000
Public Record
Mar 29, 2004
$620,000
Public Record
Sep 12, 2003
$605,000
Public Record