
Sacramento, CA 95815
This Turnkey Investment Asset represents a Strong Value Opportunity with a List Price of $315,000—positioned well below the $335,095 Fair Market Value by 5%. This valuation gap provides $20,095 in Instant Equity for the incoming owner. Featuring a Brand New Roof and a Remodeled Kitchen, the property maintains a functional Condition Score of 4 despite tenant-related wear. With Long-Term Tenants already in place, this high-density 4-Bedroom Residence offers immediate cash flow and stability. It is a strategic acquisition for Buy-and-Hold Investors or Value-Add Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 200 Lindley Drive Subject | $315,000* List Price | 4 | 2 | 1,158 | $289 | - |
A 273 arcade blvd Sold | $244,000 | 3 | 1 | 1,175 | $208 | 0.3 mi |
B 2238 Fernley Avenue Sold | $255,000 | 2 | 1 | 1,071 | $238 | 0.8 mi |
C 153 El Camino Avenue Sold | $360,000 | 3 | 1 | 1,131 | $318 | 0.6 mi |
D 2559 Norwood Avenue Sold | $340,000 | 2 | 1 | 963 | $353 | 0.5 mi |
E 688 Eleanor Avenue Sold | $280,000 | 2 | 1 | 1,020 | $275 | 0.7 mi |
F 661 Eleanor Avenue Active | $325,000 List Price | 4 | 2 | 1,206 | $269 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1954, the property features a brand-new roof and a kitchen that was remodeled within the last few years, though the finishes are budget-oriented and dated in style. While the major systems appear functional, the interior shows significant wear, outdated flooring, and heavy clutter from tenant occupancy, suggesting the need for minor repairs and cosmetic updates to reach move-in ready condition.
Priced significantly below market value at $315,000 for a 4-bedroom residence, this property offers immediate equity and a highly competitive entry point into the Sacramento market.
The home features a brand-new roof and a kitchen remodeled within the last two years, significantly reducing near-term capital expenditure requirements for the buyer.
With long-term tenants already in place, the property provides immediate cash flow and a proven rental history, making it an ideal addition to an investment portfolio.
At 1,158 square feet for a 4-bedroom configuration, the living spaces and bedrooms are likely undersized, which may limit appeal for families seeking spacious accommodations.
The property is served by schools with low performance ratings, including a middle school rated 1/10, which can be a deterrent for owner-occupant families and impact long-term appreciation.
Best priced 4 bedroom 2 bathroom home. Fully fenced yard. Kitchen was remodeled a couple of years ago. Brand New Roof. Stucco exterior. Tenant occupied. Long term tenants in place. Excellent long term investment property with built in equity. Home is priced way below market for a quick sale. Its a must see.
No exterior & parking available.
Grades K-2 • 0.4 mi
Grades 3-6 • 0.5 mi
Grades 7-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 82% |
| Baths | 2.0 | 1.0 | 54% |
| Square foot | 1,158 | 1,096.5 | 66% |
| Lot Size | 6,098 | 6,970 | 44% |
| Price | $315.0K | $347.0K | 30% |
| Price per sq ft | $272 | $325 | 20% |
| Built year | 1954 | 1947 | 76% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 177 | 2% |
Apr 9, 2026
$315,000
Initial Listing
Feb 18, 2022
$280,000
Public Record
Nov 1, 2013
$1,100,000
Public Record
Jun 1, 2012
$55,000
Public Record
Mar 30, 2012
$52,000
Public Record
Jan 31, 1996
$65,000
Public Record