2343 Erickson Street, Sacramento, CA 95815, Sacramento, 95815 - 4 bed, 0 bath
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Sacramento, CA 95815
This Dual-Unit Income Property represents a Strong Value Opportunity, listed at a List Price of $519,999, which aligns with its $519,999 Fair Market Value. Featuring a Condition Rating of 3, the home offers modern, all-electric efficiency via the SMUD program and recent permitted interior renovations. With independent access for both units and brand-new perimeter fencing, this asset is optimized for rental yield or house-hacking. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, income-generating residence in Sacramento.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2343 Erickson Street Subject | $519,999* List Price | 4 | 0 | 1,452 | $358 | - |
A 2585 beaumont Street Active | $375,000 List Price | 4 | 2 | 1,100 | $341 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1945, the property has undergone significant recent permitted upgrades including a full all-electric conversion of systems (HVAC, water heating, and electrical). The interior is move-in ready with a renovated kitchen featuring new countertops, backsplash, and windows, complemented by fresh paint and new laminate flooring throughout.
The property features two separate homes on one lot with independent access points, offering an excellent opportunity for house-hacking or a high-yield rental investment.
Fully converted to an all-electric home via the SMUD program, the property includes permitted upgrades such as a remodeled kitchen, new flooring, and fresh interior paint.
The lot is secured with brand-new perimeter fencing and a security gate, while the back-alley access ensures private entry for the secondary unit.
At 99 days on the market, the property is showing signs of stagnation, which may indicate pricing resistance or lower demand in this specific submarket.
Built in 1945, the property's age may present underlying infrastructure challenges and higher long-term maintenance costs despite the recent cosmetic and electrical upgrades.
Welcome to this charming home in Sacramento, situated on a minimum lot size of 6,534 square feet. Two separate homes on one lot. Perfect for primary home on one house and rental on other house or both for rental. Both units are an all-electric home from SMUD program with permit. Uses electricity for all heating, cooling, water heating, and cooking instead of natural gas. This can offer benefits like reduced carbon emissions, improved indoor air quality, and potential long-term cost savings. Property in front with a lot of upgrades inside; entire house is freshly painted, kitchen, living room, bedrooms, and bathroom. Kitchen is complemented by tiled flooring, new countertops, back splash, new vent, sink, and windows with permit. The home features laminate wood flooring, providing a modern and easy-to-maintain living space. Entire lot has a brand new fences through out the premises. Security is enhanced with a security gate, offering peace of mind. Laundry area are conveniently available inside the house making household chores a breeze. Property have their own access in front unit and another access at the back alley giving both units their own privacy. With one enclosed garage and carport space.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 0.0 | 2.0 | 20% |
| Square foot | 1,452 | 1,452 | 50% |
| Lot Size | 6,534 | 6,534 | 50% |
| Price | $520.0K | $395.5K | 60% |
| Price per sq ft | $358 | $358 | 50% |
| Built year | 1945 | 1956 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 123 | 187 | 20% |
Feb 4, 2026
$519,999
Initial Listing
Aug 30, 2024
$410,000
Public Record
Apr 26, 2022
$445,000
Public Record
Jan 31, 2022
$269,000
Public Record
Dec 6, 2004
$280,000
Public Record
Mar 28, 2003
$175,000
Public Record
Jan 19, 2000
$60,000
Public Record