
Sacramento, CA 95815
This Turnkey Dual-Income Asset is listed at $519,999, representing a premium investment in the Sacramento market compared to its $451,358 Fair Market Value. The property holds an Excellent Condition Rating following extensive permitted upgrades, including a full All-Electric SMUD Program conversion for both units to maximize energy efficiency. The front residence features a Modernized Kitchen with new countertops and laminate flooring, while the 6,534 sqft lot provides a Secure Gated Perimeter and private alley access. This versatile property is a prime choice for Buy-and-Hold Investors or Owner-Occupants seeking a high-quality house-hack opportunity.
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 | $311 | - |
A 795 Lampasas Avenue Sold | $560,000 | 4 | 5 | 1,988 | $282 | 0.5 mi |
B 333 Barrette Avenue Active | $585,000 List Price | 4 | 4 | 1,863 | $314 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1945 build year, the property has undergone extensive and recent renovations, particularly in the front unit. The kitchen features new countertops, backsplash, vent, sink, and windows with permits, indicating a modern and high-quality update. Laminate wood flooring and fresh paint throughout the front unit contribute to a virtually new interior feel. Crucially, both units have been converted to an all-electric system from SMUD with permits, covering heating, cooling, water heating, and cooking, signifying modern, efficient, and recently updated major systems. This level of renovation, including permitted system upgrades, aligns with the 'extensively renovated within 5 years' criteria for an excellent rating.
Two separate homes on one lot offer versatile options for rental income or multi-generational living, significantly enhancing investment value.
Both units are all-electric homes from the SMUD program, providing environmental benefits, improved indoor air quality, and potential long-term utility cost savings.
The front unit features fresh paint, a remodeled kitchen with new countertops and backsplash, new laminate flooring, and updated windows, reducing immediate maintenance needs.
Built in 1945, the property's age may lead to concerns about underlying infrastructure (e.g., plumbing, electrical beyond mentioned upgrades) or require more extensive long-term maintenance.
With 1452 sqft for 4 bedrooms across two units, individual living spaces are likely to be quite small, potentially limiting appeal for some buyers or renters seeking more spacious accommodations.
The current list price of $519,999 represents a substantial increase from its last sale at $410,000 in August 2024, which may require strong justification to potential buyers and could impact appraisal.
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 | 3.0 | 11% |
| Square foot | 1,452 | 1,452 | 50% |
| Lot Size | 6,534 | 7,405.2 | 44% |
| Price | $520.0K | $400.0K | 56% |
| Price per sq ft | $358 | $348 | 56% |
| Built year | 1945 | 1956 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 77 | 174 | 11% |
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