7931 Mariposa Avenue, Citrus Heights, CA 95610

Property Description

Approved FHA Short Sale! Incredible opportunity to purchase approximately 0.61 acres in the heart of Citrus Heights with two separate homes on one lot. The main residence is undergoing updates, including kitchen improvements and a bathroom renovation, while the detached second home is approximately 800 sq. ft. and offers excellent potential for rental income, multi-generational living, or guest quarters. Both homes have separate utility meters. The property also includes a detached storage structure with possible future ADU potential. Buyer to verify all uses, permits, zoning, SB9, lot split opportunities, ADU potential, and development possibilities with the appropriate authorities. Enjoy the flexibility of living in one home while renting the other, creating a multi-generational compound, or maximizing the property's long-term investment potential. The large, tree-shaded lot provides a rare sense of space while remaining conveniently close to shopping, restaurants, and freeway access. FHA Pre-Foreclosure Sale (Short Sale) approved. Sale is subject to lender approval of the purchase contract, Sacramento County Superior Court confirmation, and any other required approvals.