9271 Elk Grove Boulevard, Elk Grove, CA 95624, Elk Grove, 95624 - 2 bed, 1 bath

9271 Elk Grove Boulevard, Elk Grove, CA 95624 home-pic-0
ACTIVE$1,100,000
9271 Elk Grove Boulevard, Elk Grove, CA 95624
2Beds
1Bath
1,040Sqft
25,400Lot
Year Built
1954
Close
-
List price
$1.1M
Original List price
-
Price/Sqft
$1,058
HOA
$0
Days on market
-
Sold On
-
MLS number
225027269
Home ConditionPoor
Features
Patio
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $1.10M(97th), sqft - 1040(5th), beds - 2(3th), baths - 1(2th).

Don't miss your chance to own this fantastic space with both residential and business opportunities. This single-family residence offers a versatile floor plan ready for personalization, a large lot that provides plenty of room for outdoor activities, future development, or business expansion. Conveniently situated in the heart of downtown Elk Grove, this property is just moments away from major freeways, public transportation, a variety of shops, restaurants, and grocery stores, offering both ease of access and vibrant neighborhood living. Zoned SPA-OT, this is a unique opportunity to transform the property into a wine venue, office, boutique, or other business. Come make your vision a reality!

Price History

Date
Event
Price
03/12/25
Price Change
$1,100,000
Condition Rating
Poor

Built in 1954, this property requires substantial repairs and rehabilitation to meet modern residential standards. The kitchen features extremely dated appliances, cabinets, and countertops, indicative of a property that has not seen significant renovation in decades. The bathroom is configured for commercial/institutional use (likely a daycare, as suggested by the interior decor) and would require a complete gut renovation for residential living. The overall interior, including flooring (worn carpet, linoleum), lighting, and finishes, is severely outdated and would be considered uncomfortable for residential occupancy in its current state. While the structure appears functional for its current commercial use, its condition as a single-family residence is very poor, necessitating extensive upgrades to all major components and aesthetics.
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 = 25400, living area = 1040.
Exceptional Mixed-Use Zoning: Zoned SPA-OT, this property offers unique and flexible opportunities for both residential and diverse business ventures such as a wine venue, office, or boutique.
Prime Downtown Location: Strategically located in the heart of downtown Elk Grove, providing unparalleled access to major freeways, public transportation, shops, restaurants, and grocery stores.
Generous Lot Size: A substantial 25,400 sqft lot offers ample space for outdoor activities, significant future development, or business expansion.
Development & Expansion Potential: The large lot and flexible zoning present clear opportunities for future property development or business growth, enhancing long-term investment value.
Versatile Floor Plan: The existing single-family residence features a versatile floor plan, allowing for easy personalization and adaptation to various residential or commercial needs.

Cons

Property Age & Potential Updates: Built in 1954, the property may require significant updates to systems, aesthetics, or to meet modern commercial/residential standards, incurring additional costs.
Limited Residential Square Footage: With only 1040 sqft, the residential portion is relatively small, which might limit its appeal to buyers seeking a larger family home or extensive living space.
Significant Investment for Transformation: The property is presented as a 'blank canvas' requiring a buyer with a clear vision and substantial capital to transform it into its full potential, which could be a barrier for some.

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