1816 Eastern Avenue, Sacramento, CA 95864, Sacramento, 95864 - 3 bed, 2 bath
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Sacramento, CA 95864
This Value-Add Mid-Century Residence is listed at $475,000, representing a stable entry point aligned with its $477,320 Fair Market Value. Holding a Condition Rating of 4, the interior serves as a functional "blank canvas" for modernization, offering $2,320 in Instant Equity. The property features a 7,940 sqft lot and a private patio, providing ample space for expansion or landscaping. Located in the prestigious 95864 zip code near Rio Americano High School, this home is a strategic acquisition for Fix-and-Flip Investors or first-time buyers seeking to build equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1816 Eastern Avenue Subject | $459,000* List Price | 3 | 2 | 1,371 | $344 | - |
A 4248 Birgit Way Sold | $515,000 | 3 | 2 | 1,525 | $338 | 0.6 mi |
B 2324 Gila Way Sold | $467,000 | 3 | 2 | 1,261 | $370 | 0.9 mi |
C 1712 Mercury Way Sold | $540,000 | 3 | 2 | 1,280 | $422 | 0.3 mi |
D 1705 Pluto Way Active | $460,000 List Price | 4 | 2 | 1,299 | $354 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1952, this property is well-maintained but largely outdated, fitting the 'fair' condition category. While the home is functional and clean, the kitchen features older cabinetry and a dated electric coil range. The bathrooms appear to have been updated approximately 15-20 years ago but do not meet current modern standards. The presence of popcorn ceilings, older light fixtures, and the listing's own description of the home as a 'blank canvas' for updates justify this score.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7940, living area = 1371.
Situated in the highly desirable 95864 zip code, the property offers excellent proximity to premier shopping, dining, and essential services in a sought-after Sacramento neighborhood.
Marketed as a 'blank canvas' with original character, this home presents a significant opportunity for investors or first-time buyers to build equity through personalized renovations.
Built in 1952 and described as needing updates to personal taste, the property likely requires substantial capital investment to modernize its interior and systems.
While the local high school is well-regarded, the nearest K-8 school has a lower rating of 3, which may be a concern for education-focused families.
PRICE IMPROVEMENT! Exceptional value in Arden Arcade! Welcome to 1816 Eastern Ave, a well-maintained 3-bedroom, 2-bath home offering comfort, character, and opportunity in one of Sacramento’s most established neighborhoods. Filled with natural light and original charm, this home provides the perfect opportunity to move in comfortably while updating over time to match your personal style. Situated on a spacious lot with mature shade trees, the property is conveniently located near shopping, dining, parks, and everyday amenities. Whether you’re a first-time buyer, investor, or someone looking to create their dream home, this is an incredible opportunity to own in a highly desirable location at an attractive price point.
No exterior & parking available.
Grades K-6 • 5.2 mi
Grades K-8 • 0.7 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,371 | 1,678 | 31% |
| Lot Size | 7,940 | 9,881.5 | 41% |
| Price | $459.0K | $670.0K | 22% |
| Price per sq ft | $335 | $396 | 24% |
| Built year | 1952 | 1953 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 78 | 182 | 3% |
May 25, 2026
$459,000
$475,000
-3% Price Drop
Initial Listing
Mar 27, 2026
$475,000
Initial Listing