8879 Sunset Avenue, Fair Oaks, CA 95628, Fair Oaks, 95628 - 4 bed, 4 bath
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Fair Oaks, CA 95628
This property presents a High-Potential Investment Opportunity with a List Price of $875,000—positioned above the $820,470 Fair Market Value. While the price reflects a premium, the SB-9 approved lot split and 26,000 sq. ft. lot offer significant upside for development. Featuring a JADU and guest house, the property provides versatile income potential or multi-generational utility. With a Fair Condition Rating, this asset requires capital investment to modernize systems. It is an ideal acquisition for Real Estate Developers or Commercial Care Facility Operators seeking a strategic value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8879 Sunset Avenue Subject | $875,000* List Price | 4 | 4 | 3,000 | $273 | - |
A 5330 Illinois Avenue Sold | $930,000 | 5 | 5 | 3,422 | $272 | 0.7 mi |
B 8681 Winding Way Pending | $799,000 List Price | 4 | 3 | 2,662 | $300 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1950 (74 years old) with significant signs of deferred maintenance, including a neglected green pool and cracked asphalt. While the interior shows some newer laminate flooring, the overall structure, dated fixtures, and marketing focus on land value and SB-9 lot splitting suggest the home requires major rehabilitation of systems and finishes to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 26000, living area = 3000.
The property is SB-9 approved and splitable into two 10,000+ sq. ft. lots, offering significant value-add potential for developers or investors to build or sell the rear lot separately.
Featuring a JADU with a separate entrance and an additional guest house, the property provides excellent flexibility for multi-generational living or generating rental income.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =26000, other record lot size in square feet = 26136. Living area discrepancy between mls listing and other public or private record. mls listing living area = 3000, other record living area = 2768.
Built in 1950, the home may require significant modernization of its core systems and interior finishes to meet the expectations of contemporary buyers.
Realizing the full value of the lot split and rear development requires navigating local permitting and substantial capital investment, which may deter traditional residential buyers.
This charming house located at 8879 Sunset Ave in Fair Oaks, CA provides a pleasant living experience in a desirable area. The property boasts a JADU space with separate entrance and guest house with entry from the pool patio. The inviting interior showcases spacious rooms with abundant natural light, creating an open warm and welcoming atmosphere. The design features reflect a thoughtful layout, promoting both comfort and functionality. The house stands on a generous lot, providing ample outdoor space for recreational activities, gardening and parking. Possible use as care facility for seniors, ARF or health care home 6+ due to ample parking. The lot is buildable by right. SB-9 approved splitable into two 10K+ sf. lots. The new flat rear lot can be developed or sold separately. Its location in Fair Oaks ensures access to a variety of local amenities and community resources. This house is a wonderful opportunity to make a home in Fair Oaks, reflecting both charm and practicality in its design lay out and location. Total conditioned space 3,000 sf., 4 bedrooms + 4 bathrooms.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 3,000 | - |
| Lot Size | 26,000 | - |
| Price | $875.0K | $698.7K |
| Price per sq ft | $292 | $341 |
| Built year | 1950 | 0 |
| HOA | $0 | $0 |
| Days on market | 16 | 36 |
Jul 6, 2026
$875,000
Initial Listing
Nov 21, 2002
$200,000
Public Record