
Elverta, CA 95626
Analysis of 8344 Palladay Road, Elverta, CA 95626 is currently available with a list price of $350,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Elverta 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 extensive renovation needed.
Built in 1940 (86 years old) with no mention of major renovations, this property falls into the poor category. The listing explicitly states it needs updating and repairs and contains unpermitted living space, indicating significant deferred maintenance and the need for a comprehensive rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 54450, living area = 1134.
The property features a massive 54,450 sq ft lot (approximately 1.25 acres), offering significant privacy and ample space for outdoor expansion, gardening, or additional structures.
In addition to the official 1,134 sq ft, the home includes an extra bedroom and bathroom, providing more functional utility and living area than reflected in public records.
The home requires substantial updating and repairs, which may necessitate a larger upfront budget for renovations and could impact traditional financing eligibility.
The additional bedroom and bathroom are unpermitted, which can lead to complications with appraisals, insurance, and future building code compliance.
This house needs some updating and repairs. This house offers great value, as it is 1,134 sq ft and has an additional bedroom and bathroom that is not permitted or counted in the sq ft. Priced to sell!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.7 |
| Baths | 1.0 | 2.3 |
| Square foot | 1,134 | 1,631 |
| Lot Size | 54,450 | 23,086.857 |
| Price | $350.0K | $568.8K |
| Price per sq ft | $309 | $360 |
| Built year | 1940 | 1981 |
| HOA | $0 | $0 |
| Days on market | 40 | 58 |
Jul 31, 2026
$350,000
Initial Listing