Fantastic development opportunity ! Completely renovated home with almost 8 acre lot. New LVP Flooring, New Roof/Gutters, Remodeled Bathrooms, Kitchen, New Appliances, Fresh Paint, New Electricals, Landscaping in the back, etc. Tentative Map approved for rezoning to RD-4, and a subdivision of 15 large lots (avg10, 000+sqft) with 2 cul-de-sac. The subdivision will have a bike/pedestrian trail next to the adjacent creek. Recreational opportunities abound. Walking distance to the best school (Pleasant Grove) in Elk Grove Unified School District. This is truly a rare chance for an investor or a small builder to develop high end single family homes in the proximity of million dollar homes. Obtain rental income ($2, 500 proforma) while waiting for the final subdivision map. Disclosure information is available. There is a separate studio with bath currently used as storage.
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The average household income in
Elk Grove, CA
grew
from
$83,141
to
$85,556
in the past year. This data is an estimate based upon
51,351
households in
Elk Grove, CA. The chart below presents how household income is distributed in
Elk Grove, CA
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Elk Grove, CA
compared to median property taxes around the country. The prevalent amount of property taxes in
Elk Grove, CA
equals
$3k+
, which is
more
than the national average.