
Sacramento, CA 95815
This property presents a Prime Investment Opportunity with a List Price of $420,000—positioned well below the $430,113 Fair Market Value by 2%. This valuation gap offers $10,113 in Instant Equity. Featuring a Fair Condition Rating, the main residence is turnkey, while the detached unit provides immediate rental income. With a spacious detached garage and RV parking potential, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, income-generating property in a central location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2327 Beaumont Street Subject | $409,000* List Price | 4 | 3 | 1,352 | $291 | - |
A 158 Globe Avenue Sold | $435,000 | 3 | 2 | 1,476 | $295 | 0.9 mi |
B 729 Las Palmas Avenue Sold | $432,000 | 4 | 2 | 1,674 | $258 | 0.7 mi |
C 1013 Frienza Avenue Sold | $319,000 | 3 | 1 | 925 | $345 | 0.5 mi |
D 2201 Edgewater Road Sold | $366,000 | 2 | 2 | 1,080 | $339 | 0.7 mi |
E 2757 Altos Avenue Sold | $355,000 | 3 | 1 | 1,006 | $353 | 0.7 mi |
F 2387 Erickson Street Pending | $379,000 List Price | 2 | 2 | 1,048 | $362 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1948, this multi-unit property shows a mix of conditions. While the main house has been refreshed with new dual-pane windows, a new wall furnace/AC, and updated kitchen appliances, the second unit is explicitly described as 'vintage' with a dated kitchen and older finishes. The exterior concrete and driveway show significant cracking, and the overall age of the structures (>70 years) without a comprehensive total renovation of both units keeps the property in the fair category.
The property features two detached homes on a single lot, providing immediate rental income of $1,100/month from the back unit to significantly offset mortgage costs.
The primary home is move-in ready, featuring fresh interior paint, new dual-pane windows, an updated kitchen with stainless steel appliances, and a new HVAC system for immediate comfort.
The 6,534 sq. ft. lot includes a spacious detached garage and a long driveway with RV parking potential, offering rare flexibility for storage and multi-vehicle households.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1948, the property may require ongoing maintenance or future updates to older plumbing and electrical systems typical of homes from this era.
While the main house is modernized, the second unit features a vintage kitchen and older finishes, which may necessitate additional capital investment to maximize its rental value.
Rare investment with two homes on one lot! The charming main home is 3 (possible 4) beds, 1.5 bath, 1,352 sqft and is move-in ready, featuring fresh interior paint, wood floors, new dual pane windows, and a cozy fireplace. The updated kitchen boasts a new stainless steel fridge, gas range, and matching hood, complemented by a new wall furnace and AC unit for year-round comfort. Outside, enjoy a private backyard with mature fruit trees, a new gate, a spacious detached garage, and a long driveway offering potential RV parking. The second detached 621 sqft house features a 1-bed, 1-bath layout with a charming vintage kitchen. Currently tenant-occupied, this back house provides immediate rental income (currently $1100/month) to offset your mortgage making it an ideal house hack, multi-generational living setup, or long-term investment strategy. Unbeatably located just minutes from Downtown, major highways, and the Arden Fair shopping area, this versatile, income-generating property offers endless possibilities for homeowners and investors alike!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,352 | 1,540.857 |
| Lot Size | 6,534 | 6,330.116 |
| Price | $409.0K | $508.1K |
| Price per sq ft | $303 | $333 |
| Built year | 1948 | 1975 |
| HOA | $0 | $128 |
| Days on market | 41 | 45 |
Aug 26, 2026
$409,000
$420,000
-3% Price Drop
Initial Listing
Jul 30, 2026
$420,000
Initial Listing
Jan 30, 2019
$273,500
Public Record
Mar 6, 2013
$105,000
Public Record
Jul 15, 2002
$137,500
Public Record