1118 Cavanaugh Way, Sacramento, CA 95822, Sacramento, 95822 - 3 bed, 1 bath
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Sacramento, CA 95822
This Distressed Residential Asset is listed at $699,900, currently positioned above the $540,625 Fair Market Value. Requiring a total system overhaul, the property carries a Condition Rating of 5, necessitating entirely new plumbing and electrical systems. However, the 7,405-square-foot lot and prime location in the 95822 zip code provide a significant Value-Add Opportunity for those looking to build equity through forced appreciation. This cash-only foreclosure is a blank canvas for a custom remodel, making it an ideal acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1118 Cavanaugh Way Subject | $699,900* List Price | 3 | 1 | 1,314 | $400 | - |
A 1430 Claremont Way Sold | $551,000 | 3 | 2 | 1,418 | $389 | 0.9 mi |
B 1164 25th Avenue Sold | $595,000 | 3 | 2 | 1,261 | $472 | 0.9 mi |
C 1164 Derick Way Sold | $636,500 | 4 | 2 | 1,618 | $393 | 0.8 mi |
D 4851 Alta Drive Sold | $695,000 | 3 | 3 | 1,653 | $420 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
This 1944 property is a distressed fixer-upper requiring complete replacement of major systems, specifically plumbing and electrical. The interior is in a mid-remodel state with unfinished work, making it uninhabitable in its current condition and restricted to cash-only buyers.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1314.
Situated in a desirable Sacramento zip code, this fixer-upper offers substantial equity growth potential for investors or flippers looking to capitalize on a high-demand residential area.
The 7,405-square-foot lot provides ample space for outdoor improvements, landscaping, or the potential addition of an Accessory Dwelling Unit (ADU) to increase property value.
The property requires entirely new plumbing and electrical systems, which are high-cost capital improvements that must be addressed before the home is habitable.
The requirement for cash-only offers due to the foreclosure status and distressed condition significantly limits the buyer pool by excluding those dependent on traditional mortgage financing.
Fixer upper, cash offers only. Property is in foreclosure. Needs new plumbing and electrical. Owner had started working on remodel, but stopped due to foreclosure.
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 | 2.0 | 16% |
| Square foot | 1,314 | 1,337 | 46% |
| Lot Size | 7,405 | 6,970 | 54% |
| Price | $699.9K | $441.5K | 83% |
| Price per sq ft | $533 | $355 | 94% |
| Built year | 1944 | 1957 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 49 | 175 | 4% |
Mar 4, 2026
$699,900
Initial Listing
Oct 14, 2021
$10,000
Public Record