8770 Greenback Lane, Orangevale, CA 95662 | MLS 223001181 | Listing Information | George Popescu | Premier Real Estate Expert Skip to main content
George Popescu
(916) 247-4700    Login or Register
New Pending
$595,000

8770 Greenback Lane
Orangevale, CA 95662    Directions

Office
Residence
3,045
Sq. Ft.
0.412
Acre Lot
1of
Photos
Map
Living Area Icon
3,045
Sq. Ft.
Lot Size Icon
0.412
Acre Lot
Courtesy: Town & Country R. E. Brokers
Real Estate Reader> California> Orangevale> 95662
Great stand-alone building with onsite parking. Property was built as a 6-suite office building. Each unit has its own SMUD meter and its own HVAC system. County will allow it to be converted into a 6-plex residential apartment (six 1-bedroom 1-bath apartment). Great upside potential here. Market rent for 1-bedroom 1-bath fully renovated apartments in the area is between $1,400 and $1,600 per month. It will take less than $40K per unit to convert this property to residential use. Its market value fully rented at $9,000 gross rent per month is between $1,050,000 and 1,095,000. If you are an investor looking for a great deal, wait no more! Hurry! It will not last!
223001181
Commercial - Office, Other
1982
Sacramento
0.412 Acres
Water District
Frame,Stone,Stucco
Sewer Connected
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: George Popescu, Town & Country R. E. Brokers
Agent License: 01222747

All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2021 MetroList Services, Inc. Based on information from MetroList Services, Inc. IDX provided by Constellation Web Solutions.