
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 | $475,000* List Price | 3 | 2 | 1,371 | $348 | - |
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 4513 Juno Way Sold | $599,500 | 3 | 2 | 1,471 | $408 | 0.4 mi |
E 3709 Atwater Rd Sold | $565,000 | 3 | 2 | 1,436 | $393 | 0.9 mi |
F 4300 Morpheus Lane Active | $499,900 List Price | 3 | 1 | 1,282 | $390 | 0.1 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Built in 1952, this property is well-maintained but largely outdated, fitting the 'fair' condition category.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.
Endless Potential in a Prime Sacramento Location! Welcome to 1816 Eastern Ave, a charming 3 bedroom, 2 bath home bursting with opportunity. Filled with natural light and original character, this home offers the perfect blank canvas to design and update to personal taste. The spacious living areas flow seamlessly, creating a warm and inviting atmosphere ideal for relaxing or entertaining. Nestled in a highly convenient location near shopping, dining, and everyday essentials, this property combines comfort with unbeatable accessibility. A fantastic opportunity for first time buyers or anyone ready to create their dream home in one of Sacramento's most desirable neighborhoods!
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 | 1,806 | 26% |
| Lot Size | 7,940 | 10,041 | 38% |
| Price | $475.0K | $720.0K | 24% |
| Price per sq ft | $346 | $397 | 24% |
| Built year | 1952 | 1953 | 47% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 159 | 2% |
Mar 27, 2026
$475,000
Initial Listing