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  • $1,100,000

    502 Riley St, Folsom, CA 95630

    --beds
    0baths
    3,416sqft
    Other
    Built in 1959
    -- sqft lot
    $1,090,100 Zestimate®
    $322/sqft
    $2,188 Estimated rent

    Home value

    $1,090,100

    $1.01M - $1.19M

    $2,188/mo

    Zestimate® history
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    $6,989/mo

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    What's special

    Exceptional commercial opportunity in Historic Folsom. Located at 502 Riley Street, this property is situated along a major thoroughfare with traffic count above 20,000 according to a 2017 study. Offering a generous 3400 square feet of Gross Living Area, this property offers a myriad of use possibilities including a freestanding preschool or daycare. Currently zoned R-4 for preschool use up to 40 children, this zoning is grandfathered'' in to ensure seamless operations. Accessibility is very convenient with two driveways, ingress on Mormon and egress on Riley. Ample parking on site with 9 designated spaces marked for visitors and up to 5 alley spaces marked for staff members. Beyond its practicality, the property's curb appeal is enhanced by low-maintenance vinyl siding, preserving its classic charm while minimizing upkeep demands. Moreover, the vast shaded playgroup area offers a safe and enjoyable space for children to explore and play. Don't miss this extraordinary opportunity to own this exceptional property and secure a piece of historic Folsom.

    Zillow last checked: 8 hours ago

    Listing updated: April 10, 2024 at 11:53am

    Listed by:

    Paul Boudier DRE #01179722 916-919-5775,

    Keller Williams Realty

    Bought with:

    Lakota Verberne, DRE #02048203

    eXp Realty of California Inc.

    Source: MetroList Services of CA,MLS#: 223080451Originating MLS: MetroList Services, Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Other
    Cooling
    • Other
    Features
    • Flooring: Other
    • Has fireplace: No
    Interior area
    • Total interior livable area: 3,416 sqft

    Property

    Parking
    • Total spaces: 10
    • Parking features: Open
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    Lot
    • Size: 0.32 Acres
    Details
    • Parcel number: 07001550120000
    • Zoning description: R-4
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Other
    Materials
    • Wood
    Condition
    • Year built: 1959

    Community & neighborhood

    Location
    • Region: Folsom

    Price history

    DateEventPrice
    4/5/2024Sold$1,100,000-4.3%$322/sqft
    Source: MetroList Services of CA #223080451
    1/12/2024Pending sale$1,150,000$337/sqft
    Source: MetroList Services of CA #223080451
    12/6/2023Listed for sale$1,150,000$337/sqft
    Source: MetroList Services of CA #223080451
    10/19/2023Pending sale$1,150,000$337/sqft
    Source: MetroList Services of CA #223080451
    8/21/2023Listed for sale$1,150,000$337/sqft
    Source: MetroList Services of CA #223080451

    Public tax history

    YearProperty taxesTax assessment
    2025-- $1,122,000 +304.3%
    2024$3,024 +1.8%$277,508 +2%
    2023$2,970 +1.5%$272,068 +2%

    Find assessor info on the county website

    Neighborhood: Historic Folsom

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $1,090,100

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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,090,100