7009 Larkspur Avenue, Citrus Heights, CA 95610, Citrus Heights, 95610 - 4 bed, 1 bath
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Citrus Heights, CA 95610
This Hybrid Value-Add Property represents a High-Potential Investment Opportunity, listed at a List Price of $525,000—positioned above the $468,540 Fair Market Value by 12%. While priced above current market estimates, the property offers significant utility through its 0.37-acre lot and oversized detached garage with a finished, flexible-use upper level. With a Condition Rating of 4, the home provides a functional foundation for modernization. This unique asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a versatile space with room for long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7009 Larkspur Avenue Subject | $525,000* List Price | 4 | 1 | 1,513 | $310 | - |
A 7656 Pratt Avenue Active | $499,999 List Price | 4 | 2 | 1,568 | $319 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1953, the home has received some cosmetic updates including LVP flooring, granite kitchen countertops, and a tile backsplash. However, the property remains dated with a 4-bed/1-bath layout, mixed flooring (including worn carpet), and unpermitted living space. While functional and move-in ready, it requires modernization of systems and minor repairs to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16117, living area = 1513.
The 0.37-acre lot is a rare find in Citrus Heights, offering significant space for RV storage, gardening, and outdoor projects, complemented by mature fruit trees and storage sheds.
The oversized detached garage features a finished upper level with a kitchenette and bathroom, providing excellent flexibility for a home office, studio, or guest area.
A four-bedroom residence with only one bathroom presents a significant functional challenge for families and may impact the property's competitive appeal.
The finished area above the garage is not permitted as living space, which could lead to complications regarding financing, insurance, and legal occupancy.
Situated on 0.37 acres, this 4 bedroom, 1 bathroom home offers approximately 1,513 square feet of living space and a rare amount of usable outdoor space in a convenient Citrus Heights location. The property features an oversized detached garage, two storage sheds, mature fruit trees, and plenty of room for gardening, entertaining, recreational vehicle storage, or other outdoor projects. With this much usable land, there is flexibility to adapt the space to fit a variety of needs and lifestyles. Above the detached garage is an additional finished space featuring a bedroom area, kitchenette, and bathroom. While not included in the home's living square footage and not represented as permitted living space, it offers flexibility for a variety of potential uses. Located on a dead end street, the property offers added privacy while remaining close to schools, shopping, restaurants, and everyday conveniences. Properties with this combination of lot size, usable outdoor space, and location are becoming increasingly difficult to find in Citrus Heights.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,513 | - |
| Lot Size | 16,117 | - |
| Price | $525.0K | $479.4K |
| Price per sq ft | $347 | $332 |
| Built year | 1953 | 0 |
| HOA | $0 | $0 |
| Days on market | 48 | 38 |
Jun 4, 2026
$525,000
Initial Listing
Jun 26, 2009
$185,000
Public Record