If you need assistance, please call 916-747-7567

$1,149,888
8440 Stevenson Ave, Sacramento, CA 95828
3 Beds
3 Baths
2,235 SqFt

Share

   
OR
Photos
Map
Prices are changing. Get a free home estimate     Find out now

powered by Etta

Developers Dream, Cash Flow $4000 a month on this large SFR while completing the lot split that is already in progress. Lot Split has been approved and is ready for lot improvements or bonding. Approved to divide the 2 acres into 9 separate lots. Earn a little while you work towards the much larger payoff after splitting the lots and selling them separately. The lot with the existing home already has a lease option buyer in place for $650,000, So you are really only paying $650K for the other 8 lots. New homes are selling quickly in this area and for top dollar. If you are looking for your next project that takes advantage of the current market trends, this is it. Joint Venture or Preferred Return Options available. Phase 1 would be to complete the improvements and sell the finished lots with a potential profit of $250,000 to $350,000 Phase 2 would be to build and sell the houses and represents another $500,000 to $600,000 in additional profit.
  • Price:
  • $1,149,888
  • Bedrooms:
  • 3
  • Full Baths:
  • 2
  • Half Baths:
  • 1
  • Square Footage:
  • 2,235
  • Acreage:
  • 1.92
  • Year Built:
  • 1969
  • Listing ID #:
  • 222098325
  • Street Address:
  • 8440 Stevenson Ave
  • City:
  • Sacramento
  • State:
  • California
  • Postal Code:
  • 95828
  • County:
  • Sacramento
  • Listing Status:
  • Active
  • Listing Type:
  • Single Family Residence
School District: Elk Grove Unified
  • Architecture Style:
  • Ranch, Traditional
  • Construction Type:
  • Brick Veneer, Lap Siding, Wood
  • Dwelling Type:
  • Custom, Detached
  • Fireplace:
  • Living Room, Family Room
  • Flooring:
  • Carpet, Laminate
  • Foundation:
  • Raised
  • Number Of Fireplaces:
  • 2
  • Square Footage Source:
  • Appraiser
  • Stories:
  • 1
  • Stories:
  • One
  • Total Building Square Footage:
  • 2235
  • Type Of Roof:
  • Composition
  • Year Built:
  • 1969
  • Year Built Source:
  • Appraiser
  • Approximate Lot Size Range Source:
  • Assessor Agent-Fill
  • Conforms To Zoning:
  • Rd-5
  • Horse Property:
  • Yes
  • Lot Features:
  • Corner, Shape Regular
  • Lot Square Footage:
  • 83635.00
  • Originating Mls:
  • Mls Metrolist
  • Bathroom Description:
  • Tub W/Shower Over, Window
  • Dining Room:
  • Formal Room
  • Family Room:
  • Great Room
  • Kitchen Features:
  • Tile Counter
  • Living Room:
  • Great Room
  • Main Level Rooms:
  • Bedroom(s), Living Room, Dining Room, Family Room, Full Bath(s), Garage, Kitchen, Street Entrance
  • Master Bedroom Description:
  • Ground Floor, Outside Access
  • Fence:
  • Back Yard, Metal, Partial
  • Garage Parking Spaces:
  • 2.00
  • Parking Description:
  • 24'+ Deep Garage, Boat Storage, Rv Access, Rv Possible, Rv Storage, Garage Facing Front, Uncovered Parking Spaces 2+, Guest Parking Available
  • Patio Description:
  • Enclosed Patio
  • Appliances:
  • Free Standing Gas Oven
  • Cooling System:
  • Central
  • Electricity:
  • 220 Volts
  • Existing Water:
  • Public
  • Heating:
  • Central
  • Laundry:
  • Hookups Only
  • Sewage Type:
  • In & Connected, Public Sewer
  • Utilities:
  • Cable Available, Public, Dsl Available, Internet Available
$

$

%

$

$

$


The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided by Barry V. Mathis of Exp Realty Of California Inc (: 01298055)
  • SACRA

Similar Properties

Image Unavailable
$1,250,000
3991 4th Ave, Sacramento, CA 95817
3,000 SqFt
8 Beds | 4 Baths
SACRA Listing Provided by Michael S. Nerby of Intero Real Estate Services (: 01975620)
ACTIVE
Image Unavailable
$1,250,000
2809 Rio Linda Blvd, Sacramento, CA 95815
-- SqFt
-- Beds | -- Baths
SACRA Listing Provided by Patrick D. Stelmach of Ken Turton (: 01964999)
ACTIVE
Image Unavailable
$1,095,000
3400 Watt Ave, Sacramento, CA 95821
7,859 SqFt
-- Beds | 4 Baths
SACRA Listing Provided by Ranganayaki Ranga Pathak of RE/MAX Gold (: 01364897)
ACTIVE