2365 Lloyd Lane, Sacramento, CA 95825, Sacramento, 95825 - 3 bed, 2 bath
ACTIVE$415,900$1,524/sqft
Est. Value: $300,295
-27%
AboveEstimate
2365 Lloyd Lane, Sacramento, CA 95825
3Beds
2Baths
1,524Sqft
7,841Lot
Price Vs. Estimate
The estimated value ($300,295) is $115,605 (27%) lower than the list price ($415,900). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1524.
Top Cons:
Property Age: Built in 1950, the home's age may suggest the need for updates to major systems (e.g., plumbing, electrical, HVAC) or cosmetic renovations to meet modern standards.
Compared to the nearby listings
Price:$415.9K vs avg $475.5K ($-59,600)23%
Size:1,524 sqft vs avg 1,647 sqft43%
Price/sqft:$273 vs avg $30930%
More Insights
Built in 1950 (76 years old).
Condition: The property was built in 1950, making it over 70 years old. The listing description and AI analysis explicitly state that the home's age suggests a need for updates to major systems (plumbing, electrical, HVAC) and cosmetic renovations to meet modern standards. Without any indication of recent significant renovations, it's highly probable that the kitchen, bathrooms, and other interior components are severely outdated and require substantial rehabilitation. The single exterior image also reflects an older, unmodernized property, consistent with a home needing significant investment to bring it to current living standards.
Year Built
1950
Close
-
List price
$416K
Original List price
-
Price/Sqft
$273
HOA
$0
Days on market
-
Sold On
-
MLS number
226005655
Home ConditionPoor
Features
View-
About this home
Situated on a charming residential street, 2365 Lloyd Lane presents an excellent opportunity for investors seeking rental income or a great opportunity for the first time buyer! Currently tenant-occupied, the property offers a spacious lot with a large backyard - ideal for outdoor use, future possibilities, or added tenant/owner appeal. Conveniently located near shopping, dining, neighborhood parks, and major commuter routes, this Sacramento home combines solid location with long-term investment potential.
K
Karen Catania
Listing Agent
Nearby schools
3/10
Cottage Elementary School
Public,•K-5•0.7mi
7/10
Harry Dewey Fundamental Elementary School
Public,•K-6•6.5mi
2/10
Encina Preparatory High School
Public,•6-12•1.1mi
Price History
Date
Event
Price
10/05/17
Sold
$210,500
Condition Rating
Poor
The property was built in 1950, making it over 70 years old. The listing description and AI analysis explicitly state that the home's age suggests a need for updates to major systems (plumbing, electrical, HVAC) and cosmetic renovations to meet modern standards. Without any indication of recent significant renovations, it's highly probable that the kitchen, bathrooms, and other interior components are severely outdated and require substantial rehabilitation. The single exterior image also reflects an older, unmodernized property, consistent with a home needing significant investment to bring it to current living standards.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1524.
Investment & First-Time Buyer Opportunity: The property is explicitly marketed as an excellent opportunity for both investors seeking rental income (currently tenant-occupied) and first-time buyers, broadening its market appeal.
Generous Lot Size: Features a spacious 7,841 sqft lot with a large backyard, offering ample outdoor space for recreation, potential expansion, or future landscaping projects.
Convenient Location: Strategically located near essential amenities including shopping, dining, neighborhood parks, and major commuter routes, enhancing daily convenience and accessibility.
No Homeowners Association (HOA) Fees: The absence of HOA fees provides a significant financial advantage, reducing monthly ownership costs and offering greater flexibility for property modifications.
Established Neighborhood Charm: Situated on a charming residential street in the Santa Anita subdivision, offering a desirable community feel and stability.
Cons
Property Age: Built in 1950, the home's age may suggest the need for updates to major systems (e.g., plumbing, electrical, HVAC) or cosmetic renovations to meet modern standards.
Tenant Occupancy for Owner-Occupants: While beneficial for investors, the current tenant-occupied status could present challenges for owner-occupant buyers regarding immediate move-in, showing flexibility, or potential lease termination complexities.
Lower-Rated Local Schools: The immediate local schools, Encina Preparatory High School (rating 2) and Cottage Elementary School (rating 3), have lower ratings which might be a concern for families prioritizing top-tier public education.