
Sacramento, CA 95822
This Strong Value Opportunity is a Turnkey Income-Producing Asset listed at $395,000, positioned slightly above the $374,740 Fair Market Value. While priced at a premium, the property offers immediate stability with a long-term tenant in place. Featuring a 2018 Roof and New Laminate Flooring, the home maintains a Condition Rating of 4. Its prime location across from Hopkins Park provides a desirable lifestyle amenity. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a stable, low-maintenance rental asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2316 Matson Drive Subject | $394,500* List Price | 3 | 2 | 1,088 | $352 | - |
A 7330 Tamoshanter Way Sold | $330,000 | 2 | 2 | 1,098 | $301 | 0.5 mi |
B 7495 21st Street Sold | $390,000 | 3 | 2 | 1,008 | $387 | 0.5 mi |
C 2119 57th Avenue Sold | $465,000 | 3 | 2 | 1,298 | $358 | 1.0 mi |
D 7350 21st Street Sold | $405,000 | 3 | 2 | 1,189 | $341 | 0.6 mi |
E 7477 21st Street Sold | $450,000 | 3 | 2 | 1,452 | $310 | 0.5 mi |
F 7518 Flores Way Pending | $329,999 List Price | 3 | 2 | 1,040 | $317 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1969, the home is well-maintained with a newer roof (2018) and brand-new laminate flooring. However, the kitchen is dated with painted original cabinetry and older appliances, and the presence of window AC units suggests a lack of modern central HVAC. While functional for a tenant, the property requires cosmetic and systemic updates to meet modern standards.
Elementary School: Crocker/Riverside Elementary School (9/10).
The property features a long-term tenant already in place, offering immediate rental income and stability for investors seeking a hassle-free, income-producing asset.
Significant upgrades including a roof installed in 2018, brand-new wood plank laminate flooring, and newer dual-pane sliding glass doors provide long-term value and reduced maintenance costs.
With only 1,088 square feet for a three-bedroom, two-bathroom configuration, the interior layout may feel small for families requiring more spacious living quarters.
The majority of the closest assigned schools carry low performance ratings (2-3), which may limit the property's attractiveness to owner-occupant families prioritizing education.
Welcome to 2316 Matson Dr an exceptional investment opportunity! This well-maintained 3-bedroom, 2-bath home offers immediate income potential with a long-term tenant in place who would love to stay, providing instant stability for investors. Inside, you'll find a spacious and functional floor plan featuring brand-new wood plank like laminate flooring throughout most of the home, offering durability and modern appeal. The spacious living area opens to a large kitchen with abundant cabinetry, ideal for both everyday living. A newer dual-pane sliding glass door enhances energy efficiency. Additional upgrades include a roof installed in 2018, adding long-term value and peace of mind. Situated in a fantastic location directly across from Hopkins Park, this property offers convenient access to green space, recreation, and everyday amenitiesan attractive feature for tenants and future appreciation. A rare opportunity to secure a turnkey, income-producing property in a desirable location!
No exterior & parking available.
Grades K-3 • 0.5 mi
Grades 4-6 • 0.6 mi
Grades K-6 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,088 | - |
| Lot Size | 6,970 | - |
| Price | $394.5K | $505.7K |
| Price per sq ft | $363 | $341 |
| Built year | 1969 | 0 |
| HOA | $0 | $0 |
| Days on market | 75 | 42 |
May 20, 2026
$394,500
$395,000
+0% Price Increase
Initial Listing
May 8, 2026
$395,000
Initial Listing