8685 Stockton BlvdElk Grove, CA 95624

  • Residential income properties
  • 0.73 AC
For Sale
$798,000 View listing

Property Details for 8685 Stockton Blvd

Lot size
0.73 AC
Property type
Residential income properties
Property subtype
Other land

Description

This exceptional 0.73-acre (approximately 31,668 square feet) residential lot, located at 8685 E Stockton Blvd, Elk Grove, CA 95624 (APN 115-0161-018), is offered for sale. Currently zoned RD-30, this property presents a significant opportunity for developers. The site includes an existing 1,116 square foot single-family home, which could generate rental income during the entitlement process. The RD-30 zoning allows for the construction of a multifamily development, potentially accommodating 21 or 22 units, suitable for either market-rate or affordable housing projects. The property's versatility allows for several development paths, including leasing the existing single-family home, leasing the entire land parcel, or pursuing full entitlement for a multifamily project. This prime Elk Grove location offers excellent access to amenities and transportation. The asking price for this exceptional development opportunity is $798,000. Serious inquiries only.

8685 Stockton Blvd, Elk Grove, California
+−
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Location Insight

City
Elk Grove
County
Sacramento
State
California
Latitude
38.4425
Longitude
-121.403

Comparable in this City

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8685 Stockton Blvd, Elk Grove, California, 95624

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8685 Stockton Blvd, Elk Grove, California, 95624

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