7247 Castilian Court, Citrus Heights, CA 95621, Citrus Heights, 95621 - 4 bed, 3 bath

7247 Castilian Court, Citrus Heights, CA 95621 home-pic-0
ACTIVE$700,000$2,041/sqft
7247 Castilian Court, Citrus Heights, CA 95621
4Beds
3Baths
2,041Sqft
13,939Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Significant Development Potential: Zoned RD-20 on an oversized one-third acre lot, offering multiple development opportunities including the option to build an additional ADU, significantly enhancing future value and income.
Top Cons:
Tenant Occupancy Constraints: One unit is currently tenant-occupied, which may limit immediate owner-occupancy, complicate showing schedules, or require adherence to existing lease terms for investors.

Compared to the nearby listings

Price:$700.0K vs avg $566.5K (+$133,500)75%
Size:2,041 sqft vs avg 1,895 sqft75%
Price/sqft:$343 vs avg $35050%

More Insights

Built in 1977 (49 years old).
Condition: Despite being built in 1977, the property is described as a 'remodeled duplex' and the images confirm significant interior updates. Both units feature modern laminate wood flooring throughout the living areas and bedrooms. Unit 1's bathrooms are extensively renovated with modern vanities, fixtures, and tile work (one with a contemporary glass shower enclosure). Unit 2's kitchen has updated cabinets, countertops, and appliances (stainless steel fridge, black range/dishwasher), making it move-in ready. While some elements like the exterior and a few light fixtures show the property's age, the overall condition of the key areas (kitchens, bathrooms, flooring) is well-maintained and updated, aligning with the 'Good' criteria of being move-in ready with no immediate renovation required and systems appearing functional.
Year Built
1977
Close
-
List price
$700K
Original List price
-
Price/Sqft
$343
HOA
$0
Days on market
-
Sold On
-
MLS number
226003244
Home ConditionGood
Features
Patio
View-

About this home

Remodeled duplex situated on an oversized one-third acre lot, ideal for an owner-occupant or an investor seeking to increase cap rate potential. The property is located on a quiet cul-de-sac and is zoned RD-20, offering multiple development opportunities, including the option to build an additional ADU. The property includes two large storage sheds and a fully fenced backyard ready for your vision, whether adding ADUs or removing the fence to create a large open backyard. Enjoy a great location within the San Juan School District, close to parks, restaurants, shopping, and schools. Please do not disturb the tenant on the left side. Current pro forma cap rate is approximately 6%, with upside potential through additional ADU development.

A
Amir Cackovic
Listing Agent

Price History

Date
Event
Price
03/18/94
Sold
$152,000
07/10/06
Sold
$399,000
Condition Rating
Good

Despite being built in 1977, the property is described as a 'remodeled duplex' and the images confirm significant interior updates. Both units feature modern laminate wood flooring throughout the living areas and bedrooms. Unit 1's bathrooms are extensively renovated with modern vanities, fixtures, and tile work (one with a contemporary glass shower enclosure). Unit 2's kitchen has updated cabinets, countertops, and appliances (stainless steel fridge, black range/dishwasher), making it move-in ready. While some elements like the exterior and a few light fixtures show the property's age, the overall condition of the key areas (kitchens, bathrooms, flooring) is well-maintained and updated, aligning with the 'Good' criteria of being move-in ready with no immediate renovation required and systems appearing functional.
Pros & Cons

Pros

Significant Development Potential: Zoned RD-20 on an oversized one-third acre lot, offering multiple development opportunities including the option to build an additional ADU, significantly enhancing future value and income.
Strong Investment & Owner-Occupant Appeal: A remodeled duplex with a current pro forma cap rate of approximately 6% and clear upside potential through ADU development, making it ideal for both investors and owner-occupants.
Prime Location & Community Amenities: Situated on a quiet cul-de-sac within the desirable San Juan School District, with convenient access to parks, restaurants, shopping, and schools, enhancing desirability and rental appeal.
Large, Flexible Lot: The oversized one-third acre lot provides ample space for expansion, customization, and value-add projects, such as additional ADUs or creating a large open backyard.
Remodeled Condition & Practical Features: The duplex has been remodeled, offering updated living spaces, and includes two large storage sheds for added utility and convenience.

Cons

Tenant Occupancy Constraints: One unit is currently tenant-occupied, which may limit immediate owner-occupancy, complicate showing schedules, or require adherence to existing lease terms for investors.
Potential for Age-Related Maintenance: Built in 1977, despite being remodeled, the property's underlying structure and systems could be older, potentially leading to unforeseen maintenance or upgrade costs in the future.
Backyard Requires Vision/Investment: The backyard is described as 'ready for your vision,' implying it may require additional investment in landscaping or development to fully capitalize on its potential for ADUs or recreational space.
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