
Citrus Heights, CA 95621
This property presents a Strong Value Opportunity, listed at $599,900—positioned above the $550,703 Fair Market Value. While the list price exceeds the current estimate, the property functions as a Turnkey Co-Living Asset, currently optimized for high-density rental income. With a Fair Condition Rating and a generous 9,148 sqft lot, the home offers significant utility for investors. This is an ideal acquisition for Buy-and-Hold Investors seeking immediate cash flow in a stable Citrus Heights neighborhood with proximity to local schools.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6851 Albury Street Subject | $575,000* List Price | 7 | 3 | 1,883 | $294 | - |
A 5542 Fleetwood Drive Active | $685,000 List Price | 5 | 2 | 2,453 | $279 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1968, this property is positioned as a turnkey co-living investment, implying it is functional and move-in ready for tenants. However, the high-density configuration of 7 bedrooms within less than 1,900 square feet suggests significant internal partitions and potential strain on the original 1960s infrastructure. The lack of specific details regarding recent upgrades to major systems (HVAC, electrical, roof) and the discrepancy between listed and recorded square footage/bedroom counts suggest a property that has been modified for utility rather than a comprehensive modern renovation. In the absence of interior images to verify high-end finishes, it meets the criteria for 'Fair' based on age and functional but likely dated components.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9148, living area = 1883.
With 7 bedrooms configured for co-living, this property is optimized for maximum rental yield and currently operates as a turnkey shared-housing investment producing strong monthly income.
Situated in a quiet Citrus Heights neighborhood near shopping, schools, and everyday conveniences, the property offers a desirable location for tenants, supporting low vacancy rates.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1883, other record living area = 1471. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 5.
The property was recently sold within the past year on 2025-04-28. The sold price is $473,000.00.
Housing 7 bedrooms within 1,883 square feet results in high foot traffic and a high bedroom-to-bathroom ratio, which may increase long-term wear and tear and maintenance costs.
Exceptional co-living rental opportunity at 6851 Albury St in Citrus Heights! This spacious 7 bedroom, 3 bathroom home is located in a desirable, quiet neighborhood close to shopping, schools, and everyday conveniences. Currently operating as a turnkey shared-housing investment, the property is producing strong monthly cash flow, making it an ideal option for investors seeking predictable income. With ample living space and a functional layout designed to accommodate multiple occupants comfortably, this property offers both stability and long-term upside. A rare chance to secure a high-performing income property in a prime location.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 1.1 mi
Grades K-6 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,883 | - |
| Lot Size | 9,148 | - |
| Price | $575.0K | $479.4K |
| Price per sq ft | $305 | $332 |
| Built year | 1968 | 0 |
| HOA | $0 | $0 |
| Days on market | 161 | 38 |
Jun 26, 2026
$575,000
$599,900
-4% Price Drop
Initial Listing
Mar 18, 2026
$599,900
$650,000
-8% Price Drop
Initial Listing
Feb 11, 2026
$650,000
Initial Listing
Apr 28, 2025
$473,000
Public Record