RealKey
‪(213) 433-7766‬

7841 Lemon Street, Fair Oaks, CA 95628, Fair Oaks, 95628 - 3 bed, 4 bath

7841 Lemon Street, Fair Oaks, CA 95628 home-pic-0
ACTIVE$789,000
7841 Lemon Street, Fair Oaks, CA 95628
3Beds
4Baths
1,853Sqft
27,443Lot
Year Built
1950
Close
-
List price
$789K
Original List price
-
Price/Sqft
$426
HOA
$0
Days on market
-
Sold On
-
MLS number
225142929
Home ConditionFair
Features
Patio
View-

About this home

Great Deal:The estimated price is 8% above the list price. We found 4 Cons,6 Pros. Rank: price - $789.0K(86th), sqft - 1853(54th), beds - 3(50th), baths - 4(96th).

Charming and full of potential, this Fair Oaks property offers a rare multi-unit opportunity on a generous .63-acre lot in an established neighborhood. The main home features 3 bedrooms and 1 bath, opening to a bright and airy family room with a built-in bar perfect for gatherings, plus a sunroom ready for your personal touches. Set off to the side with its own private entrance, the ADU offers 1 bedroom, 1 bath, a full kitchen, family room, and a spacious walk-in closet - ideal for guests, extended family, or rental income, with room to make it your own. A third unit attached to the workshop and RV garage includes 1 bedroom, 1 bath, and a kitchenette, and is expandable for even more possibilities. All units enjoy central heat and air, and the property includes four garages, ample space, and endless potential, whether creating a family compound, adding rental opportunities, or tailoring each space with a bit of TLC. Set in the heart of Fair Oaks, you're moments from shopping, restaurants, charming Old Fair Oaks, the American River, and miles of walking and biking trails.

Price History

Date
Event
Price
11/11/25
Price Change
$789,000
Condition Rating
Fair
Built in 1950, this property is functional but significantly dated, particularly in the kitchens and bathrooms. The main kitchen features outdated wood cabinets, tile countertops, and a mix of older appliances. The main bathroom has very dated wallpaper, an older vanity, and fixtures. While central heat and air are present, and the property appears structurally sound, the overall aesthetic and finishes suggest renovations, if any, were done 30-50 years ago, or it has seen minimal updates since construction. The description mentions needing 'a bit of TLC,' which aligns with requiring minor to moderate updates to modernize the living spaces, especially the key areas of kitchen and bath, but it does not appear to have significant defects affecting safety or soundness.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 27443, living area = 1853.
Multi-Unit Income Potential: The property offers a rare multi-unit setup with a main home, a separate ADU, and a third expandable unit, providing significant potential for rental income, multi-generational living, or a family compound.
Generous Lot Size: Situated on a substantial .63-acre lot, the property provides ample outdoor space for privacy, recreation, potential expansion, or gardening in an established neighborhood.
Prime Fair Oaks Location: Located in the heart of Fair Oaks, the property benefits from proximity to shopping, restaurants, charming Old Fair Oaks, the American River, and extensive walking and biking trails.
Versatility and Expansion Opportunities: With a sunroom ready for customization and an expandable third unit, the property offers considerable versatility and potential for buyers to tailor spaces to their specific needs or further enhance value.
Extensive Garages and RV Storage: The inclusion of four garages, including an RV garage, provides exceptional storage capacity, workshop space, and secure parking for multiple vehicles or recreational equipment.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1853, other record living area = 1125.
Age of Property & Required Updates: Built in 1950, the property is described as needing 'a bit of TLC,' indicating that significant updates or renovations may be required to modernize the units and maximize their potential.
Limited Bathrooms in Main Home: The main home, with 3 bedrooms, features only 1 bathroom, which could be a functional limitation for families or multiple occupants and may require future renovation to add more facilities.
Zoning/Property Type Ambiguity: The listing categorizes the property as a 'Single Family Residence' despite explicitly describing it as a 'multi-unit opportunity' with an ADU and a third unit, which could lead to zoning, permitting, or financing complexities.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state