6318 Hazel Avenue, Orangevale, CA 95662, Orangevale, 95662 - 3 bed, 2 bath
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Orangevale, CA 95662
This Rare Multi-Home Income Property is listed at $730,000, reflecting the premium utility of its dual-residence configuration and RD-5 zoning development potential. While the Fair Market Value is $672,614, the property offers immediate cash flow from a tenant-occupied second home and a high-end HGTV-featured kitchen in the main house. Boasting a Condition Rating of 4, the estate features a new roof, fresh paint, RV hook-ups, and a private deck on a massive 0.83-acre lot. This versatile asset is ideal for Owner-Occupants seeking rental offsets or Multigenerational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6318 Hazel Avenue Subject | $730,000* List Price | 3 | 2 | 1,354 | $497 | - |
A 6840 Hickory Avenue Pending | $725,000 List Price | 2 | 1 | 1,690 | $429 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1956, shows a mix of updates and outdated elements. While the main house boasts a kitchen remodeled in 2012 (12 years ago) with modern cabinetry, solid surface countertops, and stainless steel appliances (except for a white refrigerator), at least one bathroom is significantly dated with pink tiled countertops and an older vanity, requiring immediate renovation for current aesthetic standards. The main house benefits from recent updates like a new roof, fresh exterior paint, and hardwood floors, indicating good maintenance. However, the age of the property and the condition of the bathrooms prevent it from achieving a 'good' rating, as it requires minor updates to bring all key areas up to modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 36155, living area = 1354.
The property features two separate homes, with one currently tenant-occupied, offering immediate rental income or flexible multi-generational living arrangements.
Spanning nearly an acre (0.83 acres) with RD-5 zoning, the lot presents significant potential for a lot split, rezoning, or future development, subject to buyer verification.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1354, other record living area = 2098. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 5.
Built in 1956, the property's age, particularly the second home and converted garage, may imply older systems or components that could require future maintenance or upgrades.
The potential for lot split or rezoning is explicitly stated as 'buyer to verify,' indicating that realizing development opportunities may involve complex and time-consuming due diligence.
Rare Multi-Home Property on Nearly an Acre - Featured on HGTV! Don't miss this unique opportunity to own a versatile 0.83-acre lot with two separate homes, each with its own private yard, plus multiple outbuildings for storage, hobbies, or future development potential. Located in an RD-5 zoning district possibility for lot split or rezoning (buyer to verify) this property offers great flexibility whether you're an investor, multigenerational family, or someone looking to create passive income. The Main House is a charming single-story 3 Bedroom/2 Bath home featuring real hardwood floors, interior Mud/Laundry Room a new roof, fresh exterior paint & attached 2 car garage. The modern kitchen, completely remodeled and showcased on HGTV's House Crashers in 2012, is sure to impress! The Second Home is a 2 Bedroom/1 Bath place with hardwood floors that sits above a converted Garage. Currently rented to tenant who would love to stay, offering you immediate income potential. Additional highlights include: Pest Free Report, RV Hook-ups, abundant fruit trees, & multiple outbuildings. This is one of those rare properties that doesn't come along often room to grow, generate income, or explore future development.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,354 | 1,545 | 39% |
| Lot Size | 36,155 | 9,975 | 92% |
| Price | $730.0K | $555.0K | 81% |
| Price per sq ft | $539 | $382 | 97% |
| Built year | 1956 | 1975 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 265 | 167 | 92% |
Jul 31, 2025
$730,000
Initial Listing
Jan 5, 2016
$380,000
Public Record
Aug 5, 2011
$299,000
Public Record