
Citrus Heights, CA 95610
This property presents a High-Potential Investment Opportunity with a List Price of $475,000—positioned above the $424,274 Fair Market Value. While the current valuation reflects a premium, the 0.47-acre lot offers significant Development Potential for 2-4 additional units, subject to city approval. With a Fair Condition Rating, the home serves as a functional base for value-add renovations. This asset is best suited for Buy-and-Hold Investors or Developers looking to maximize land utility in an established Citrus Heights neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7521 Kalamazoo Drive Subject | $475,000* List Price | 2 | 1 | 1,221 | $347 | - |
A 5813 Northgrove Way Sold | $520,000 | 3 | 2 | 1,395 | $373 | 0.4 mi |
B 5740 Southview Court Sold | $450,000 | 4 | 2 | 1,585 | $284 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1944, the property is dated but appears functional and move-in ready. While it features some cosmetic updates like newer laminate flooring and fresh paint, the kitchen cabinetry and bathroom fixtures are aged. Given the 80-year age of the structure and the listing's focus on development potential, the core systems likely require modernization, placing it in the fair category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20473, living area = 1221.
The expansive 0.47-acre lot offers a rare opportunity to potentially build 2-4 additional units, making it an ideal prospect for investors or developers looking to maximize land value.
At over 20,000 square feet, the oversized parcel provides exceptional outdoor space and privacy that is difficult to find in established residential neighborhoods.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1221, other record living area = 631. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
The property was recently sold within the past year on 2026-04-24. The sold price is $400,000.00.
Built in 1944, the home likely requires modern updates to its core systems and finishes to meet current market standards and energy efficiency.
Rare opportunity in a desirable Citrus Heights neighborhood! This 2-bedroom, 1-bath home offers approximately 1,221 sq ft of living space on a huge 0.47-acre lot in a quiet, established area with a park nearby. The oversized parcel may offer potential to build up to 2-4 additional units, subject to City approval. Buyer to verify all zoning, development possibilities, and building requirements with the City of Citrus Heights. Great opportunity for an owner-user, investor, or future development project!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 9% |
| Baths | 1.0 | 2.0 | 11% |
| Square foot | 1,221 | 1,564 | 15% |
| Lot Size | 20,473 | 8,276 | 93% |
| Price | $475.0K | $500.0K | 37% |
| Price per sq ft | $389 | $317 | 83% |
| Built year | 1944 | 1976 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 186 | 1% |
May 28, 2026
$475,000
Initial Listing
Apr 24, 2026
$400,000
Public Record