4851 Warren Avenue, Sacramento, CA 95838, Sacramento, 95838 - 6 bed, 3 bath
4851 Warren Avenue
Sacramento, CA 95838
Property Price
SUMMARY
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.
Condition Analysis
OVERALL CONDITION SCORE
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.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Development Potential
The property offers a significant development opportunity with a final map almost ready for 9 separate lots, maximizing land utilization and future value.
- Substantial Land Size
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.
- Immediate Rental Income
The presence of three currently rented homes provides immediate cash flow, which can help offset holding costs during the development phase.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
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.
- Age of Existing Structures
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.
- Significant Capital Investment Required
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.
About 4851 Warren Avenue
Investor/Developer Special. Development Opportunity. Final map almost ready for 9 separate lots. Currently there are 3 homes that are rented out.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1948
- Lot Size
- 108,900 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sacramento Unified Schools
Robla Elementary School
Grades K-6 • 0.4 mi
Taylor Street Elementary School
Grades K-6 • 0.7 mi
Main Avenue Elementary School
Grades K-6 • 1.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 6.0 | 50% |
| Baths | 3.0 | 4.5 | 50% |
| Square foot | 2,550 | 1,976.5 | 75% |
| Lot Size | 108,900 | 6,838.8 | 88% |
| Price | $1.70M | $670.0K | 88% |
| Price per sq ft | $667 | $294 | 75% |
| Built year | 1948 | 2008 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 39 | 141 | 13% |
Pricing History
Listed for Sale
Jan 27, 2026
$1,699,900
Initial Listing
Sold
Apr 25, 2022
$925,000
Public Record
Sold
May 11, 2021
$775,000
Public Record
Sold
Mar 29, 2004
$109,000
Public Record
Sold
Mar 29, 2004
$620,000
Public Record
Sold
Sep 12, 2003
$605,000
Public Record