$115,000 Price Analysis 834 Cathedral CtSacramento, CA 95825 Unknown bed 0 bath unknown SqFt ($0/SqFt) 0.29 acre lot. Listed 2024-05-14 | Ⓧ USDA Ineligible due to property near Sacramento |
These 2 contiguous Lots totaling .288 Acres have Great Potential. The Current use is as a Cabana Club. There is a pool and Equipment building with a bathroom. The pool needs resurfacing and to be broug ht up to the current code to continue in its current use (we have a bid for this). There is easement access to the lot behind the adjacent Fourplexes. It is our understanding that the lots can be combined for a minimal cost.
It would seem the highest and best use would be to build a multifamily unit on the combined lot, but there are certainly other possible uses too. We have considered in the price the cost to either cure the current use or to remove the existing structure and pool to turn it back into a blank slate for other building opportunities. There is already power and utilities to the lot. Second APN Included in the sale is 294-0. Seller makes no representations about development use approval by the building department. The lots are Zoned RD- 20 that s consistent with Multifamily Use. Bids for Pool repair and Demolition available by request.
Presented by Ron A-REO, Agent at
eXp Realty of California Inc.
Property MLS #224050840 from MetroList
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.