8685 Stockton BlvdElk Grove, CA 95624
- Land
- 0.73 AC
Property Details for 8685 Stockton Blvd
- Lot size
- 0.73 AC
- Property type
- 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.
Location Insight
- City
- Elk Grove
- County
- Sacramento
- State
- California
- Latitude
- 38.4425
- Longitude
- -121.403
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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