6541 Greenback Lane, #4, Citrus Heights, CA 95621

6541 Greenback Lane, #4, Citrus Heights, Sacramento, CA, 95621
20 hours ago
Views: 5

$239,900(Negotiable)

Overview

3517827

Type

Condominium

Parking

Beds

Baths

Sqft

924

Build Year

1971

Purpose

For Sale

Lot Size

0.05 acres

HOA

$427/mo

About This Listing

INVESTOR OPPORTUNITY | TENANT OCCUPIED | $1,650/MONTH RENT Priced at $239,900, this 2-bedroom, 1-bath Citrus Heights condo offers an established rental with a reliable tenant already in place. Current rent is $1,650/month ($19,800 annually), with the tenant consistently paying on time. Tenant pays electricity, natural gas and water; owner pays sewer and trash. HOA dues are $427/month and include exterior maintenance and community amenities. The unit has a Greenback Lane address but is accessed through a secluded interior alley maintained by the HOA, offering a quieter setting away from the main road. The community has a friendly, close-knit atmosphere and seasonal swimming pools. The unit also features two private storage spaces in the carport, convenient ground-level community laundry, and a wide front porch with an aluminum awning for enjoying the outdoors. Recent improvements reduce near-term maintenance concerns: bathroom fully remodeled less than three years ago; kitchen appliances and flooring replaced less than three years ago; laminate flooring; and AC replaced less than five years ago. Location is a major advantage. A Route 1 bus stop is directly in front of the property, providing access toward American River College and the Watt/I-80 corridor, including light rail connections. Safeway is less than a mile away, with another location approximately 1.5 miles away. Costco and Walmart Supercenter are approximately 1.1 miles away. Sylvan Oaks Library and Crosswoods Park are about a mile away, with the approximately 15-acre park featuring mature urban forest canopy, creeks and urban wildlife. Less than three miles away, the former Sunrise Mall site is slated for transformation into Sunrise Sports Center, a planned sports and entertainment destination that could bring additional activity and amenities to the surrounding area. INVESTMENT SNAPSHOT: $239,900 asking price | $1,650 current monthly rent | $19,800 annual gross scheduled rent | $427 monthly HOA. Current gross rent represents approximately 8.25% of asking price annually before expenses. Buyer to independently verify rental, HOA, utility and development information. Seller is the property owner and listing agent.

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MetroList CA data Last Updated: September 15, 2026, 7:37 pm

Data Source: SACM