1331 Diamond Avenue, Sacramento, CA 95815, Sacramento, 95815 - 2 bed, 1 bath

1331 Diamond Avenue
Sacramento, CA 95815
Property Price
SUMMARY
Analysis of 1331 Diamond Avenue, Sacramento, CA 95815 reveals a Fairly Priced Property with a current list price of $355,000 aligned with the estimated $355,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Sacramento Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1331 Diamond Avenue Subject | $355,000* List Price | 2 | 1 | 1,073 | $331 | - |
A 740 Sonoma Avenue Sold | $335,000 | 3 | 1 | 1,034 | $324 | 0.8 mi |
B 831 Price Court Sold | $385,000 | 3 | 2 | 1,066 | $361 | 0.9 mi |
C 2781 Clay Street Sold | $325,000 List Price | 2 | 1 | 859 | 0.8 mi | |
D 1679 Glenrose Avenue Sold | $365,000 | 3 | 2 | 1,124 | $325 | 1.0 mi |
E 2933 Albatross Way Sold | $355,000 | 3 | 2 | 994 | $357 | 0.9 mi |
F 1167 Sonoma Avenue Sold | $330,000 | 2 | 1 | 948 | $348 | 0.3 mi |
G 1637 Eldridge Avenue Active | $350,000 List Price | 2 | 1 | 994 | $352 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 1947, this property has undergone extensive and recent cosmetic renovations, making it move-in ready. The kitchen features updated cabinetry, clean counters, and modern stainless steel appliances (range, refrigerator), though the dishwasher appears older. The bathroom is fully updated with new flooring, vanity, and tub/tile surround. Consistent laminate flooring throughout and fresh paint contribute to a modern, well-maintained aesthetic. While major systems (HVAC, plumbing, electrical) are not explicitly stated as updated and could be older, the significant cosmetic improvements align with a 'good' condition, indicating a property that is functional and appealing without immediate renovation needs.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 1073.
- Large Lot & ADU Potential
The property boasts a huge private backyard (8712 sqft) with ample space for various additions, including an Accessory Dwelling Unit (ADU), a pool, or other recreational features, offering significant future development potential.
- Extensively Updated Interior
The home features updates throughout, including beautiful laminate flooring, updated kitchen cabinetry with stunning counters, and a fully renovated bathroom with new flooring, vanity, and tub, providing a modern and move-in ready living space.
CONSRISKS & DEFICIENCIES
- Limited Bedrooms & Bathrooms
The property offers only 2 bedrooms and 1 bathroom, which may be a constraint for larger families or buyers requiring more private spaces.
- Smaller Square Footage
With 1073 square feet of living space, the home is on the smaller side for a single-family residence, potentially limiting interior space for some buyers.
- Potential for Older Systems
While cosmetic updates are extensive, the property was built in 1947, and the description does not specify updates to major systems like plumbing, electrical, or HVAC, which could be original and may require future investment.
About 1331 Diamond Avenue
Fantastic curb appeal invites you into this beautiful 40's Bungalow located on a quiet street with a HUGE private backyard (room for ADU) and updates throughout! Wonderful front porch welcomes you into this bright and open 2 bedroom, 1 bath home. As soon as you enter you will notice how impeccably maintained the home is. As you step in, you will notice beautiful laminate that extends through the home. The large main living space is centered around a majestic brick fireplace and the room is highlighted by the huge front window allowing an abundance of natural light into the home. Custom finishes and designer colors move you through the dining area before arriving in the kitchen with updated cabinetry, stunning counters and lots of space for entertaining! Both bedrooms continue to showcase the designer touches. The bathroom is stunning and has flooring, vanity and tub that have all been updated. The laundry is an oasis of space with the laundry and space for a mud room/storage/pantry space?? Backyard is fantastic with amazing space for whatever your heart desires...pool, soccer field, storage, ADU or all of them! Located in a great neighborhood with restaurants, shopping and recreation only minutes away! All that's left is for you to move in!! Don't miss out on this gem!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1947
- Lot Size
- 8,712 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 49% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 1,073 | 1,066 | 53% |
| Lot Size | 8,712 | 7,405 | 72% |
| Price | $355.0K | $341.0K | 60% |
| Price per sq ft | $331 | $331 | 50% |
| Built year | 1947 | 1944 | 58% |
| HOA | $0 | $0 | 50% |
| Days on market | 275 | 163 | 95% |
Pricing History
Listed for Sale
Jun 5, 2025
$355,000
Initial Listing
Sold
Dec 8, 2017
$172,000
Public Record
Sold
Oct 6, 2011
$60,000
Public Record
Sold
Mar 3, 2008
$188,000
Public Record
Sold
Jan 18, 2006
$56,500
Public Record
Sold
Feb 6, 2002
$79,000
Public Record
























