
Sacramento, CA 95828
Analysis of 7901 Stevenson Avenue, Sacramento, CA 95828 is currently available with a list price of $3,500,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Sacramento Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
The property was built in 1964, making it 60 years old. The listing explicitly states the 'Existing home onsite is being sold as-is' and the property analysis notes it is 'likely requiring demolition' for the infill development project. The value of this listing is clearly in the 6.5+ acre land and its RD-30 zoning for multifamily housing, not the existing structure, which aligns perfectly with the criteria for a tear-down.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 283576, living area = 2457.
Recently zoned RD-30, this 6.5+ acre parcel is perfectly suited for high-density infill and multifamily housing development.
With over 6.5 acres (283,576 sqft), the property offers significant space for a large-scale development project.
The 1964-built existing home is sold 'as-is,' likely requiring demolition and adding to initial development costs.
The $3.5 million list price represents a substantial capital outlay, targeting a specific niche of developers.
While a strong opportunity, infill multifamily development entails inherent complexities, including permitting, design, and construction timelines.
Recently zoned RD-30, this 6.5+ acre parcel is perfect for infill development and multifamily housing. Great opportunity for the right developer and builder with a vision to take advantage of this Sacramento infill project bordering the growing city of Elk Grove. Site is close to Costco, Lowes, Shopping and many restaurants, easy access to Highway 99. Existing home onsite is being sold as-is.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 89% |
| Baths | 3.0 | 2.0 | 66% |
| Square foot | 2,457 | 1,521 | 91% |
| Lot Size | 283,576 | 6,286 | 99% |
| Price | $3.50M | $455.0K | 99% |
| Price per sq ft | $1.4K | $307 | 99% |
| Built year | 1964 | 1985 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 250 | 185 | 81% |
Aug 15, 2025
$3,500,000
Initial Listing
Jun 30, 1998
$190,000
Public Record