
Citrus Heights, CA 95621
Analysis of 8248 Lichen Drive, Citrus Heights, CA 95621 is currently available with a list price of $125,000. 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 Citrus Heights 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.
Built in 1960 (>50 years old) and currently unlivable. The property has been completely gutted to the studs, meaning there are no functional kitchen, bathrooms, or interior systems (HVAC/Electric), fitting the criteria for land value and shell only.
The property has been completely gutted to a blank slate, saving the next owner significant time and labor costs typically associated with demolition and debris removal.
Priced at a competitive $125,000, this investor special offers a significant margin for equity growth through a full custom renovation in an established Citrus Heights neighborhood.
Located just 0.08 miles from Lichen K-8 school, the property sits in a highly convenient location that will appeal to families once the renovation is complete.
As a completely gutted structure being sold as-is, the property requires a total interior rebuild of all systems and finishes, necessitating a substantial renovation budget.
The current 3-bedroom, 1-bathroom configuration is a drawback for modern families, likely requiring a layout reconfiguration to add a second bathroom to maximize resale value.
Investor special in Citrus Heights. This home has been completely gutted and is ready for a full renovation. With the interior taken down to a blank slate, the next owner can start fresh without the expense and time of removing the existing finishes. Ideal opportunity for an investor, contractor, or experienced buyer looking to renovate and add value. Bring your plans and transform the property to fit your vision. **SPECIAL NOTES: Property is sold as-is, in it's current condition. There are no reports or inspections available, buyer is responsible for satisfying themselves regarding condition, improvements, and future use of the property. Listing agent is unable to represent buyers, you must have your buyer's agent (realtor) show you the property.**
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-6 • 4.3 mi
Grades K-8 • 0.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,002 | 1,508.856 |
| Lot Size | 6,098 | 7,200.067 |
| Price | $125.0K | $489.2K |
| Price per sq ft | $125 | $329 |
| Built year | 1960 | 1977 |
| HOA | $0 | $283 |
| Days on market | 20 | 44 |
Aug 20, 2026
$125,000
Initial Listing
May 13, 2009
$118,000
Public Record
Feb 24, 2006
$312,000
Public Record
Jul 22, 2005
$275,000
Public Record
Jul 18, 2005
$275,000
Public Record