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  • $750,000

    8770 Greenback Ln, Orangevale, CA 95662

    --beds
    0baths
    3,045sqft
    5 or More Units
    Built in 1982
    -- sqft lot
    $748,900 Zestimate®
    $246/sqft
    $1,505 Estimated rent

    Home value

    $748,900

    $681,000 - $824,000

    $1,505/mo

    Zestimate® history
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    $4,742/mo

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    What's special

    Onsite parking
    Exceptional investment opportunity in a prime Orangevale location. This versatile, ADA compliant, commercial building offers the rare ability to be converted into a 6-unit residential apartment building (per Sacramento County; buyer to verify). The property features RD-10 zoning, onsite parking, and a layout that is ideal for value-add investors, developers, or owner-users. The interior is designed with no load-bearing walls, providing maximum flexibility for reconfiguration. Each potential unit already includes its own electrical meter and its own HVAC system, significantly streamlining the conversion process and reducing build-out costs. Sellers already have APPROVED plans (by Keystone Structural Engineers and IENGCO) and ready to submit (Title 24) for a multi-family Residential Conversion giving the next owner a significant head start. Plans include MEPs. Located on high-visibility Greenback Lane, the property offers strong access to nearby amenities, retail, transit, and employment corridors. With no HOA and multiple viable use options, commercial, office, mixed-use, or residential conversion, this property presents outstanding long-term upside. A rare opportunity for investors looking to create additional housing or capitalize on a high-demand rental market.

    Zillow last checked:

    Listing updated:

    Listed by:

    Andrea Griffith DRE #01318901 530-382-9082,

    Independent Property Investors

    Bought with:

    Andrea Griffith, DRE #01318901

    Independent Property Investors

    Source: MetroList Services of CA,MLS#: 225146443Originating MLS: MetroList Services, Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Central
    Cooling
    • Central Air
    Features
    • Flooring: Carpet, Tile, Wood
    • Has fireplace: No
    Interior area
    • Total interior livable area: 3,045 sqft

    Property

    Parking
    • Total spaces: 13
    • Parking features: Open, Uncovered
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Parking
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Yard Space
    Lot
    • Size: 0.41 Acres
    Details
    • Zoning description: RD-10
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5 or More Units
    Materials
    • Brick, Concrete, Stucco, Glass
    • Roof: Shingle,Composition
    Condition
    • Year built: 1982

    Community & neighborhood

    Location
    • Region: Orangevale

    Other

    Other facts
    • Price range: $750K - $750K

    Price history

    DateEventPrice
    4/22/2026Sold$750,000$246/sqft
    Source: MetroList Services of CA #225146443 Report a problem
    2/17/2026Pending sale$750,000$246/sqft
    Source: MetroList Services of CA #225146443 Report a problem
    1/23/2026Price change$750,000-11.8%$246/sqft
    Source: MetroList Services of CA #225146443 Report a problem
    12/12/2025Price change$849,900-1.2%$279/sqft
    Source: MetroList Services of CA #225146443 Report a problem
    11/22/2025Listed for sale$859,900-21.8%$282/sqft
    Source: MetroList Services of CA #225146443 Report a problem
    10/1/2025Listing removed$1,100,000$361/sqft
    Source: MetroList Services of CA #225046153 Report a problem
    4/12/2025Listed for sale$1,100,000+84.9%$361/sqft
    Source: MetroList Services of CA #225046153 Report a problem
    1/28/2023Listing removed--
    Source: MetroList Services of CA #223005869 Report a problem
    1/25/2023Listed for sale$595,000$195/sqft
    Source: MetroList Services of CA #223005869 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 95662

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $748,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $748,900