233 Graves Avenue, Sacramento, CA 95838, Sacramento, 95838 - 3 bed, 2 bath
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Sacramento, CA 95838
This Modernized Single-Story Residence is a Prime Investment Opportunity, listed at $350,000—positioned well below the $394,171 Fair Market Value by 11%. This valuation gap offers $44,171 in Instant Equity for incoming buyers. Boasting a Condition Rating of 2, the interior features a fully updated granite kitchen, luxury vinyl plank flooring, and fresh paint. The generous lot includes a covered patio and fruit trees, providing immediate lifestyle appeal within walking distance to local schools. This high-value asset is ideal for first-time buyers or Owner-Occupants seeking a turnkey home with significant financial upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 233 Graves Avenue Subject | $350,000* List Price | 3 | 2 | 1,182 | $333 | - |
A 3270 Nareb Street Sold | $380,000 | 3 | 1 | 1,051 | $362 | 0.1 mi |
B 126 Barton Way Sold | $390,000 | 3 | 2 | 1,149 | $339 | 0.4 mi |
C 106 Barton Way Sold | $360,000 | 3 | 2 | 1,149 | $313 | 0.4 mi |
D 613 Morrison Avenue Active | $399,000 List Price | 4 | 2 | 1,236 | $323 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a recent comprehensive renovation (under 5 years) featuring a fully updated kitchen with new cabinetry, granite countertops, and new stainless steel appliances. The interior is move-in ready with new luxury vinyl plank flooring throughout, fresh paint, and updated lighting fixtures, despite the 1981 build date.
The home is move-in ready with luxury vinyl plank flooring, a fully remodeled kitchen featuring granite countertops, new cabinetry, and new stainless steel appliances.
The property sits on a generous lot featuring a covered patio and established fruit trees, offering a functional and private space for outdoor entertaining.
Priced at $350,000, this updated 3-bedroom home provides a highly accessible entry point for first-time buyers or investors in the Sacramento market.
The assigned public schools have significantly low ratings, which may be a concern for families and could impact future property appreciation.
With only 1,182 square feet of living space for a three-bedroom layout, the interior may feel restrictive for larger families or those requiring extra storage.
Welcome to this beautifully updated single-story home offering 3 bedrooms and 2 bathrooms, perfectly situated on a generous lot. This move-in ready property features a bright, open floor plan. Step inside to find luxury vinyl plank flooring throughout and an abundance of natural light that fills the home. The fully updated kitchen is a true highlight, featuring stunning granite countertops, new cabinetry, a new dishwasher, and a new electric range with hood, all thoughtfully selected to blend style and functionality. This home has been freshly painted inside and has updated lighting fixtures as well. Enjoy outdoor living in the spacious backyard complete with a covered patio and fruit trees, perfect for relaxing or hosting gatherings. Conveniently located within walking distance to an elementary school and offering a quick commute. Welcome home!
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades 7-8 • 0.6 mi
Grades 9-12 • 1.6 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 | 1,182 | 1,208.5 | 47% |
| Lot Size | 5,663 | 6,098 | 30% |
| Price | $350.0K | $386.0K | 31% |
| Price per sq ft | $296 | $324 | 32% |
| Built year | 1981 | 1963 | 63% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 190 | 1% |
Apr 16, 2026
$350,000
Initial Listing