1022 Frienza Avenue, Sacramento, CA 95815, Sacramento, 95815 - 3 bed, 1 bath
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Sacramento, CA 95815
This Value-Add Residential Asset is listed at $324,000, compared to a $268,289 Fair Market Value. Marketed as a "starting canvas," the property requires a full-scale renovation to address its Fixer-Upper Condition, which includes significant deferred maintenance and outdated systems. The primary value-add potential lies in the ADU Conversion Potential of the detached garage and the generous 6,534 square foot lot. With a 3-bedroom layout and no association fees, this property offers a clear path to forced appreciation for those with renovation expertise. It is an ideal project for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1022 Frienza Avenue Subject | $350,000* List Price | 3 | 1 | 1,238 | $243 | - |
A 2121 Royal Oaks Drive Sold | $265,000 | 2 | 1 | 1,132 | $234 | 0.7 mi |
B 1675 Glenrose Avenue Sold | $302,000 | 3 | 1 | 966 | $313 | 0.8 mi |
C 1595 Silica Avenue Active | $248,000 List Price | 2 | 1 | 1,108 | $224 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1946, this property is marketed as a fixer-upper and requires significant rehabilitation. Interior photos show substantial deferred maintenance, including mismatched and missing flooring, peeling drywall, and a very outdated kitchen with worn cabinetry. The overall condition suggests the need for major system updates and a full cosmetic overhaul to meet modern living standards.
The detached garage offers a prime opportunity for an Accessory Dwelling Unit (ADU) conversion, providing a clear path to increased rental income and overall property value.
Marketed as a 'starting canvas,' this property is ideal for investors or handy homeowners looking to build significant sweat equity through strategic renovations.
The 6,534 square foot lot provides ample outdoor space for landscaping, expansion, or recreational use, which is a valuable asset for a property of this vintage.
The property is positioned as a fixer-upper requiring 'work and imagination,' suggesting that immediate and potentially substantial capital investment is necessary.
A three-bedroom home with only one bathroom can be a drawback for modern families and may limit the property's competitive edge compared to homes with a second bath.
Equity building opportunity! A great starting canvas to make your own or use as an investment. The former detached garage in back is the ideal ADU conversion to increase value and rents! With a little work and imagination this one provides a bounty of options for you! These open market value add opportunities don't come often!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 1,238 | 1,096.5 | 72% |
| Lot Size | 6,534 | 6,970 | 48% |
| Price | $350.0K | $349.5K | 50% |
| Price per sq ft | $283 | $325 | 28% |
| Built year | 1946 | 1946 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 177 | 2% |
Mar 29, 2026
$350,000
$324,000
+8% Price Increase
Initial Listing
Mar 27, 2026
$324,000
Initial Listing