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3 Beds
2 Baths
1,517 sqft

$505,000

7931 Mariposa Avenue, Citrus Heights CA, 95610

Price per sqft$332.89
Built in1944
Property size1,517 sqft
Property typeResidential

Overview

Active

Listed Jun 20, 2025

Updated 3 weeks ago

Approved FHA Short Sale! Incredible opportunity to purchase approximately 0.61 acres in the heart of Citrus Heights with two separate homes on one lot. The main residence is undergoing updates, including kitchen improvements and a bathroom renovation, while the detached second home is approximately 800 sq. ft. and offers excellent potential for rental income, multi-generational living, or guest quarters. Both homes have separate utility meters. The property also includes a detached storage structure with possible future ADU potential. Buyer to verify all uses, permits, zoning, SB9, lot split opportunities, ADU potential, and development possibilities with the appropriate authorities. Enjoy the flexibility of living in one home while renting the other, creating a multi-generational compound, or maximizing the property's long-term investment potential. The large, tree-shaded lot provides a rare sense of space while remaining conveniently close to shopping, restaurants, and freeway access. FHA Pre-Foreclosure Sale (Short Sale) approved. Sale is subject to lender approval of the purchase contract, Sacramento County Superior Court confirmation, and any other required approvals.

$3,360/mo

Est. mortgage payment based on a $505,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
225082957

Interior Features

Bedrooms
3
Bathrooms
2
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.61 Acres

Other Property Details

55+/Senior Community
No
MLS provider logo

Courtesy of Windermere Signature Properties Roseville/Granite Bay, Rodney Plam,
Listing Contact:  

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