
Sacramento, CA 95815
This Dual-Unit Residential Asset is a Strong Value Opportunity, listed at $299,900—positioned well below the $321,113 Fair Market Value by 6%. This valuation gap offers $21,213 in Instant Equity for the savvy buyer. Boasting a Condition Rating of 3, the property features a renovated main home with granite countertops and a deck, plus a detached 800 sq. ft. second home perfect for rental income. With RV access and a versatile lot, this is a premier choice for Buy-and-Hold Investors or Owner-Occupants looking to house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2275 Boxwood Street Subject | $350,900* List Price | 2 | 1 | 979 | $357 | - |
A 539 El Camino Avenue Sold | $325,000 | 2 | 1 | 914 | $356 | 0.5 mi |
B 2559 Norwood Avenue Sold | $340,000 | 2 | 1 | 963 | $353 | 0.7 mi |
C 2528 Dale Avenue Sold | $349,000 | 2 | 1 | 810 | $431 | 0.9 mi |
D 688 Eleanor Avenue Sold | $280,000 | 2 | 1 | 1,020 | $275 | 0.7 mi |
E 580 Lampasas Avenue Sold | $328,000 | 2 | 1 | 910 | $360 | 0.6 mi |
F 2387 Erickson Street Active | $379,000 List Price | 2 | 2 | 1,048 | $362 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features several significant updates that elevate it above a fair condition. The interior boasts modern dark laminate flooring, crown molding, and neutral paint throughout. The main bathroom has been fully renovated with contemporary tiling and a modern vanity, while the kitchen includes granite countertops and functional appliances. Although the home was built in 1950, the visible renovations to the living spaces, bedrooms, and bathrooms indicate it has been well-maintained and updated within the last 5 to 15 years.
The inclusion of a second 800 sq. ft. home provides a rare opportunity for rental income, a guest house, or multi-generational living, significantly increasing the property's utility.
Priced competitively at $299,900 for two residential units, this property offers a high cap rate potential for investors and an affordable entry point for homeowners.
The fully fenced lot features RV access and a storage shed, offering secure parking for large vehicles and additional organizational space that is highly sought after.
Built in 1950, the property may have aging core systems such as plumbing or electrical that could require more frequent maintenance compared to newer builds.
The main residence features only one bathroom, which may be a constraint for families or households that prioritize convenience and privacy.
Well-kept and updated property featuring a 2-bedroom, 1-bath main home plus a second home approximately 800 sq. ft. ideal for rental income, extended family, or multi-generational living. The fully fenced lot offers privacy, RV access, and a storage shed for added convenience. A versatile opportunity for both homeowners and investors!
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 | 979 | 1,075.5 | 40% |
| Lot Size | 6,534 | 6,970 | 48% |
| Price | $350.9K | $349.9K | 50% |
| Price per sq ft | $358 | $334 | 68% |
| Built year | 1950 | 1947 | 60% |
| HOA | $0 | $0 | 50% |
| Days on market | 55 | 177 | 2% |
Apr 16, 2026
$350,900
$299,900
+17% Price Increase
Initial Listing
Feb 26, 2026
$299,900
Initial Listing
Sep 15, 2011
$60,000
Public Record
Jun 29, 2004
$239,000
Public Record
Feb 24, 1999
$42,000
Public Record