38.678223 -121.2314

8770 Greenback Lane Orangevale, CA 95662

327419539 38.678223 -121.2314 153 /listing/327419539-150091825/8770-greenback-lane-orangevale-ca-95662 False 0 595000.0 101 223001181 False
  • $595,000
  • 17,947 lot
  • Est payment $3194.09/mo

Property & Neighborhood Info

Courtesy Of George Popescu , Town & Country R. E. Brokers

Commercial in Orangevale

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!

Courtesy Of George Popescu , Town & Country R. E. Brokers
  1. 17,947 Lot

Main Features

  • Listing Status: Contract Pending
  • Year Built: 1982
  • County: Sacramento
  • Units: 6
  • MLS Number:223001181

Additional Features

  • Cooling:
    • Central
  • Flooring:
    • Varies by Unit
  • Building Area Source:
    • Assessor Auto-Fill
  • Building Features:
    • Front Sign
    • Multiple Tenant Building
  • Business Type:
    • Barber/Beauty
    • Education/School
    • Florist
    • Medical
    • Professional Service
  • Construction:
    • Frame
    • Stone
    • Stucco
  • Location:
    • Hospital Nearby
    • Public Transportation Nearby
    • Restaurant Nearby
    • See Remarks
  • Property Type:
    • CommercialSale
  • Property Sub Type:
    • Office
  • Roof:
    • Composition
  • Water Source:
    • Water District
  • Year Built Source:
    • Assessor Auto-Fill
  • Irrigation:
    • Public District
  • Lot Size Source:
    • Assessor Auto-Fill
  • Parking:
    • Exclusive
    • Lighted
    • Open
    • Uncovered
  • Electric:
    • 220 Volts
    • Separate Electric Meter
  • Heating:
    • Central
  • Sewer:
    • Sewer Connected
  • Utilities:
    • Natural Gas Connected
  • Board:
    • MetroList Services Inc.
  • Sale Type:
    • Investment
  • Special Conditions:
    • Offer As Is
  • Tenant Pays:
    • See Remarks
  • Building Area Total:
    • 3045
  • CA DRE License # of Listing Agent:
    • 01222747
  • Cross Streets:
    • Hazel Ave
  • Income Includes:
    • Rent
  • Listing URL:
    • http://www.metrolistpro.com/homes/2/6/8770-Greenback-Lane-Orangevale-CA-95662/223001181
  • Lot Size Square Feet:
    • 17947
  • Originating System Name:
    • MLS Metrolist
  • Parcel Number:
    • 261-0540-001-0000
  • Property Disclaimer:
    • All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. <BR> All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. <BR> Copyright</A> &copy; 2023, MetroList Services, Inc. <BR> Any offer of compensation in the real estate content on this site is made exclusively to Broker Participants of the MetroList® MLS & Broker Participants of any MLS with a current reciprocal agreement with MetroList® that provides for such offers of compensation.
  • Total Acres:
    • 0.412
Neighborhood info courtesy of Homes.com © 2023

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$38,769.95*
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Tracy Iverson
Tracy Iverson
Associate
10860 Gold Center Dr, Ste 180 Gold River CA 95670
38.678223 -121.2314

8770 Greenback Lane Orangevale, CA 95662

327419539 38.678223 -121.2314 153 /listing/327419539-150091825/8770-greenback-lane-orangevale-ca-95662 False 0 595000.0 101 223001181 False
  • $595,000
  • 17,947 lot
  • Est payment $3194.09/mo