1621 Frienza Avenue, Sacramento, CA 95815, Sacramento, 95815 - 2 bed, 1 bath
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Sacramento, CA 95815
This Value-Add Residential Asset represents a High-Potential Investment Opportunity with a List Price of $289,950, offering a highly accessible entry point into the Sacramento market. Currently positioned near its $275,868 Fair Market Value, the property’s Condition Rating of 4 and "as-is" status provide a clear path for forced appreciation through modernization. Featuring a private patio and a functional 4,792 square foot lot, the site supports potential expansion or ADU development. This 1948 build is a strategic acquisition for Buy-and-Hold Investors or Contractors seeking a proven rental with significant renovation upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1621 Frienza Avenue Subject | $289,950* List Price | 2 | 1 | 756 | $365 | - |
A 3139 Judah Street Sold | $326,000 | 2 | 2 | 869 | $375 | 0.8 mi |
B 2622 Del Paso Boulevard Sold | $285,000 | 2 | 1 | 684 | $417 | 0.8 mi |
C 1021 Alamos Avenue Sold | $300,000 | 2 | 1 | 968 | $310 | 0.9 mi |
D 1232 Browning Drive Pending | $269,900 List Price | 3 | 1 | 823 | $328 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1948, this property is in functional but dated condition, consistent with its long-term use as a rental. The kitchen features older cabinetry and appliances, and the home relies on window AC units rather than central HVAC. While the hardwood floors are a positive feature and the interior appears maintained, the property requires modernization and minor repairs to meet current market standards, as noted by the 'as-is' sale status.
With a history as a long-term rental, this property offers a proven track record for investors seeking a consistent income stream or a value-add renovation project.
Priced under $300,000, this residence represents a highly accessible entry point into the Sacramento single-family market, ideal for first-time buyers or budget-conscious investors.
The nearly 4,800 square foot lot provides a balanced outdoor space that is large enough for potential expansion or an ADU while remaining manageable for maintenance.
The property is being sold in 'fair' condition with no seller repairs, necessitating immediate capital for modernization and addressing deferred maintenance.
At only 756 square feet, the compact two-bedroom layout may limit the pool of potential occupants to smaller households or those with minimal space requirements.
Longterm rental property. Fair condition, seller is selling in AS-IS condition. Priced accordingly.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 46% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 756 | 1,075.5 | 16% |
| Lot Size | 4,792 | 6,970 | 12% |
| Price | $289.9K | $347.0K | 24% |
| Price per sq ft | $384 | $334 | 80% |
| Built year | 1948 | 1947 | 52% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 177 | 2% |
Apr 9, 2026
$289,950
Initial Listing
Aug 10, 2012
$44,500
Public Record
Feb 1, 2006
$10,000
Public Record
Nov 13, 2000
$70,000
Public Record