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About This Listing
Assumable ~5% FHA Loan – Huge Lot, Big Potential! Skip the 7% loans (buyer to verify, down payment required to qualify). 7931 Mariposa is a .61-acre multi-unit opportunity in Citrus Heights. The main house, built in 1944 is mid-remodel: kitchen is 90% done, bath is framed with rough plumbing / electric in. One section of the floor slopes. Foundation is shifting but feels solid. The detached second unit (~800 sq ft) is livable with minor cosmetic work. Separate meters. Live in one, rent the other, or fix and flip both. Detached garage was converted to storage possible ADU? (buyer to verify). Got vision? Explore a possible SB9 lot split, or see if the 5 neighbors want to buy land to expand their yards. This isn’t a fenced-in postage stamp, this is usable, tree-shaded land in the middle of suburbia. Close to freeway + daily needs, yet feels like open country. Developers, investors, multi-gen buyers: this is a rare chance to turn land into lifestyle or income and profit.
Map Location
Walk Score
4403 Niobe Circle, Rancho Cordova, CA 95742
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Source:Listed by: Navigate Realty
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Details
$550,000(Negotiable)
601 Riddle Court, Modesto, CA 95356
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Source:Listed by: HomeSmart PV & Associates
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Details
$470,000(Negotiable)
2537 Key West Way, Sacramento, CA 95826
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Source:Listed by: Redfin Corporation
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Details
$440,000(Negotiable)