
Citrus Heights, CA 95610
This Versatile Multi-Unit Potential Estate is a Strong Value Opportunity, listed at $575,000—positioned well below the $614,540 Fair Market Value by 6%. This valuation gap provides $39,540 in Instant Equity. While maintaining a Fair Condition Rating, the property features a brand-new Trane HVAC and a massive 0.58-acre lot with RD5 zoning, allowing for a lot split or additional dwellings. The 38x22 garage with a half bath offers a cost-effective ADU conversion path. This property is a strategic acquisition for Value-Add Investors or Owner-Occupants seeking a high-utility compound with significant development upside.
Property is moderate renovation needed.
The property is a well-maintained 1935 build that reflects a 'Fair' condition due to its dated interior and vintage infrastructure. While the home features a brand-new Trane HVAC system and is undergoing significant plumbing and pest remediation ($22,000 in repairs), the aesthetic elements—including the oak cabinetry, laminate countertops, white appliances, and wall-to-wall carpeting—appear to be from a renovation 20-30 years ago. The presence of unpermitted square footage and older bathroom fixtures indicates the home is functional but requires modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 25265, living area = 1696.
The RD5 zoning and expansive 0.58-acre lot offer significant investment upside, including the potential to split the lot or build additional dwellings for increased density.
An oversized 38x22 garage with an existing half bath provides a logical and cost-effective path for creating a secondary rental unit or guest house to generate revenue.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =25265, other record lot size in square feet = 24829. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1696, other record living area = 936. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The upstairs storage area is unpermitted and excluded from the official square footage, which may complicate financing or impact the perceived value for traditional buyers.
Originally built in 1935, the home may require continued modernization and oversight typical of a near-century-old property, despite recent major repairs.
Incredible opportunity here! This property hasn't been on the market for decades. Park like setting on .58 acres. Lots of potential here for multi-family or investor who is looking for expansion and rental revenue. The garage is 38x22 with a half bath already installed. Converting this to an ADU is logical and cost effective. Zoning is RD5 so this is also splitable. Could build another house and another ADU. Pest report is being cleared, section 1 & 2. Section 2 was some plumbing leaks under the house that amounted to $11,000 and the section 1 work came to roughly the same and will be completed as well. Brand new Trane HVAC system installed. The upstairs is unpermitted storage area and not counted in the square footage.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 79% |
| Square foot | 1,696 | 1,569.5 | 68% |
| Lot Size | 25,265 | 8,276 | 96% |
| Price | $575.0K | $512.5K | 82% |
| Price per sq ft | $339 | $319 | 58% |
| Built year | 1935 | 1977 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 178 | 1% |
Apr 16, 2026
$575,000
Initial Listing