
Roseville, CA 95678
This Renovated 1930s Bungalow is a Prime Investment Opportunity, listed at $479,000—positioned well below the $497,057 Fair Market Value by 3%. This valuation gap offers $18,057 in Instant Equity. Featuring a Move-In Ready Condition Rating, the home includes a new HVAC, quartz countertops, refurbished hardwoods, and a private patio. The expansive 7,475 sq. ft. lot with alley access provides significant ADU potential near Roseville High, Buljan Middle, and Ferris Spanger Elementary. It is a perfect match for Owner-Occupants or Buy-and-Hold Investors seeking a turnkey asset with development upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 121 Carmel Avenue Subject | $469,000* List Price | 3 | 1 | 1,160 | $425 | - |
A 332 Pleasant Street Sold | $602,500 | 3 | 3 | 1,426 | $423 | 0.3 mi |
B 239 Fig Street Sold | $439,000 | 2 | 1 | 947 | $464 | 0.9 mi |
C 105 Yosemite Street Sold | $469,000 | 3 | 1 | 1,012 | $463 | 0.4 mi |
D 424 Stanford Avenue Sold | $545,000 | 4 | 2 | 1,603 | $340 | 0.3 mi |
E 421 Elefa Street Sold | $423,000 | 2 | 1 | 988 | $428 | 0.4 mi |
F 278 Folsom Road Pending | $480,999 List Price | 3 | 1 | 1,500 | $321 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1937 build date, the property has undergone a comprehensive recent renovation (likely <5 years) including new HVAC, updated electrical, new quartz countertops in the kitchen and bathroom, new stainless steel appliances, and refurbished hardwood floors, making it move-in ready with no immediate maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7475, living area = 1160.
The property features significant recent improvements including a new HVAC system, updated electrical, and a modernized kitchen with quartz countertops and stainless steel appliances, reducing immediate capital expenditure for the buyer.
The oversized 7,475 sq. ft. lot includes rare alley access, providing an ideal footprint for the construction of an Accessory Dwelling Unit (ADU) or further property expansion.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1160, other record living area = 890. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The 3-bedroom layout is serviced by only a single bathroom, which may be a significant drawback for families or buyers seeking modern convenience and privacy.
A substantial portion of the square footage (270 sq. ft.) stems from a garage conversion that has not been verified by the seller, potentially leading to discrepancies in official tax records or appraisal values.
Welcome to 121 Carmel Avenue, a lovely home that stands ready to embrace its new owners. New HVAC, updated electrical, new quartz counter tops and flooring in kitchen, new stainless steel kitchen appliances, new quartz in bathroom, fresh interior paint, new carpet in the 3rd bedroom, and refurbished hardwood floors in living room, dining room, hallway and 2 bedrooms. The backyard is huge! This large parcel has alley access and can easily fit an ADU. Discover the home you've been looking for; come see it today. Square footage includes 3rd bedroom/converted garage, 270 sq ft per tax records. Seller has not verified. https://stefdphoto.fromsmash.com/121-Carmel-Ave-Photos
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 1.7 mi
Grades 9-12 • 0.5 mi
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 | 1,160 | 1,581.5 | 20% |
| Lot Size | 7,475 | 7,000 | 64% |
| Price | $469.0K | $562.5K | 24% |
| Price per sq ft | $404 | $350 | 74% |
| Built year | 1937 | 1988 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 176 | 1% |
Jun 5, 2026
$469,000
$479,000
-2% Price Drop
Initial Listing
Apr 30, 2026
$479,000
Initial Listing
Mar 1, 2002
$157,000
Public Record