8685 E Stockton Boulevard, Elk Grove, CA 95624, Elk Grove, 95624 - 2 bed, 2 bath
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Elk Grove, CA 95624
Analysis of 8685 E Stockton Boulevard, Elk Grove, CA 95624 is currently available with a list price of $668,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Elk Grove Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
The property is a 1925 build that appears to have been maintained through regular upkeep, featuring visible exterior updates such as a newer shingle roof, vinyl siding, and dual-pane windows. While the home is currently tenanted and functional, the listing explicitly states that the primary value is in the land for high-density development. The absence of interior photos for the kitchen and bathrooms, combined with the 'aging infrastructure' note in the analysis, suggests that while the home is livable, the interior components and major systems are likely outdated and would require modernization to meet current market standards.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 = 31668, living area = 1116.
The property is zoned RD-30 on a substantial 31,668 sqft lot, offering a rare and lucrative opportunity for high-density residential development in a growing area.
With a current rent collection of $4,350 per month and a reliable long-term tenant, the property provides strong holding income while navigating the entitlement or planning process.
The existing residence was built in 1925 and, given that the primary value is in the land, the structure likely requires significant updates or demolition to maximize the site's utility.
The list price reflects the land's development potential rather than the current residential square footage, which may necessitate specialized financing or significant capital for redevelopment.
Rare investment/development opportunity! Large lot zoned RD-30 for high density residential. Easy access. Value is in the land and location. Lots of options for extra income and privacy of the yard. Current rent collection is $4,350/ month. Great tenant willing to stay long term, but will move if necessary.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 2% |
| Baths | 2.0 | 3.0 | 44% |
| Square foot | 1,116 | 1,997.5 | 5% |
| Lot Size | 31,668 | 6,687.5 | 94% |
| Price | $668.0K | $631.2K | 61% |
| Price per sq ft | $599 | $316 | 99% |
| Built year | 1925 | 1998 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 49 | 174 | 4% |
Mar 4, 2026
$668,000
Initial Listing
Dec 31, 2020
$350,000
Public Record
Nov 29, 2011
$116,000
Public Record