1812 El Monte Ave., Sacramento, CA 95815, Sacramento, 95815 - 0 bed, 0 bath
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Sacramento, CA 95815
This Renovated Residential Income Property is a Strong Value Opportunity, listed at $545,000—positioned well below the $598,856 Fair Market Value by 8%. This valuation gap provides $53,856 in Instant Equity. Boasting an Excellent Condition Rating following $60,000 in recent capital improvements, the property features a 3-bedroom main house and a 1-bedroom rear unit. With a spacious lot capable of accommodating 2-3 additional ADUs, it offers massive scalability. This is a premier acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield house hack.
Property is new construction or fully renovated.
This 1925 bungalow has been extensively renovated within the last year with over $60,000 in capital improvements, meeting the criteria for an excellent rating. The property features a modern kitchen with granite countertops and stainless steel appliances, fully renovated bathrooms, and a mix of refinished original hardwood and newer laminate flooring. Major systems have been addressed, including a newer roof with a transferable warranty and a replaced sewer line, ensuring the home is in move-in ready condition with no deferred maintenance.
This dual-unit property offers immediate cash flow with a 3-bed main house and a 1-bed rear unit, plus the rare opportunity to add 2-3 additional ADUs on the spacious lot for maximum CAP rate optimization.
With over $60,000 in recent upgrades, including a newer roof with a transferable warranty, replaced sewer line, and renovated kitchens and bathrooms, the property minimizes immediate deferred maintenance for the buyer.
The property boasts a prime location with rapid access to Midtown and Uptown Sacramento amenities, offering a quiet residential setting that remains highly attractive to urban-dwelling tenants.
Despite significant recent renovations, the 1925 construction date suggests potential long-term maintenance challenges inherent to vintage homes, such as original foundation or electrical components not covered in recent updates.
The semi-attached nature of the second unit may limit privacy and noise isolation between dwellings compared to fully detached units, which could slightly impact the premium rental value of the rear space.
Opportunity meets flexibility in this renovated bungalow with significant income potential. The 3 bed/ 2 bath main house has been modernly updated yet still incorporates historic charm. The 1 bed/1 bath semi-attached second unit sits to the rear. Offset your mortgage with current rental income or make it your multi-generational living home. Even moreSac City notes the spacious lot can accommodate 2-3 additional ADUs. Endless possibilities and impressive CAP rate! Centrally located with quick access to Midtown, Uptown, and Arden-Arcade amenities, this home is clean and move-in ready! It blends comfort, character, and smart living. Featuring bright living spaces, updated kitchen, newer roof with transferrable warranty, renovated bathrooms and a single car garage. Newer laminate flooring coordinates with original wood flooring. Fresh paint throughout, sewer line replaced, arborist work completed, both units equipped with washer/dryers. $60K+ updates completed in the last year. The front house is currently vacant. Rear rental unit pics and video will be posted soon. Previously rented at $2,300. Quiet location, short distance to local coffee and a popular brewing company. Come into homeownership with built-in financial flexibility!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 4.0 | 11% |
| Baths | 0.0 | 3.0 | 11% |
| Square foot | 2,576 | 2,025 | 89% |
| Lot Size | 7,405 | 7,405.2 | 44% |
| Price | $545.0K | $400.0K | 56% |
| Price per sq ft | $212 | $336 | 44% |
| Built year | 1925 | 1956 | 22% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 174 | 11% |
Apr 10, 2026
$545,000
Initial Listing
Sep 1, 2016
$269,000
Public Record
Nov 29, 2011
$72,000
Public Record
Jul 8, 1997
$275,000
Public Record