2372 North Avenue, Sacramento, CA 95838, Sacramento, 95838 - 3 bed, 2 bath
2372 North Avenue
Sacramento, CA 95838
Property Price
SUMMARY
Analysis of 2372 North Avenue, Sacramento, CA 95838 reveals a Prime Investment Opportunity with a current list price of $339,000—significantly undercutting the $357,020 Fair Market Value by 5%. This valuation gap indicates a +$18,020 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Sacramento Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2372 North Avenue Subject | $339,000* List Price | 3 | 2 | 1,202 | $297 | - |
A 1825 Roanoke Avenue Sold | $360,000 | 3 | 1 | 1,139 | $316 | 0.7 mi |
B 3704 Willow Sold | $380,000 | 3 | 2 | 1,265 | $300 | 1.0 mi |
C 3729 Presidio Street Sold | $340,000 | 4 | 2 | 1,340 | $254 | 0.6 mi |
D 3620 W Natoma Way Sold | $310,000 | 4 | 2 | 1,218 | $255 | 0.7 mi |
E 3641 Pinell Street Sold | $320,000 | 2 | 1 | 892 | $359 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Although built in 1946, the property underwent an extensive renovation a few years ago, featuring a modern open-concept kitchen with white shaker cabinets, granite countertops, and stainless steel appliances. The interior includes newer laminate flooring and updated bathrooms. While the listing indicates the home needs 'a little TLC' and is an 'as-is' short sale, the recent capital improvements—including a newer roof and pergola—place it in the 'good' category as it remains largely move-in ready with modern finishes.
PROSSTRENGTHS & OPPORTUNITIES
- Recent Capital Improvements
The property features a newer roof and flooring from a remodel completed a few years ago, reducing the immediate need for high-cost structural maintenance.
- Spacious Lot and Outdoor Amenities
Situated on a large lot with a detached garage and a newer pergola, the property offers ample space for storage, outdoor living, or potential ADU development.
- Desirable Open Layout
The interior boasts a modern open-concept design with 3 bedrooms and 2 bathrooms, providing a functional and airy living space that is highly sought after by today's buyers.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1202, other record living area = 788.
- Short Sale Complexity
The transaction is a short sale requiring bank approval, which introduces significant delays and uncertainty into the closing timeline.
- As-Is Condition with TLC Required
Sold in as-is condition and needing cosmetic repairs, the property requires a buyer willing to invest additional capital and effort to restore its full potential.
About 2372 North Avenue
3 bedrooms and 2 bathrooms with a large lot! This home needs a little TLC but it was remodeled a few short years ago. Open Concept with a newer roof and flooring. Detached garage in back, with newer pergola and lots of space! Short Sale needing bank approval. Good Opportunity for the right buyer! This will take some time - Please inform your clients. As - Is sale.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1946
- Lot Size
- 6,534 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sacramento Unified Schools
Bell Avenue Elementary School
Grades K-6 • 0.7 mi
Michael J. Castori Elementary School
Grades K-6 • 0.9 mi
Dyer-Kelly Elementary School
Grades K-5 • 1.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,202 | 1,215 | 49% |
| Lot Size | 6,534 | 6,098 | 60% |
| Price | $339.0K | $385.0K | 29% |
| Price per sq ft | $282 | $323 | 31% |
| Built year | 1946 | 1970 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 169 | 2% |
Pricing History
Listed for Sale
Feb 21, 2026
$339,000
$359,000
-6% Price Drop
Initial Listing
Price Change
Feb 6, 2026
$359,000
Initial Listing
Sold
Mar 30, 2022
$389,000
Public Record
Sold
May 24, 2019
$140,000
Public Record
Sold
Jul 29, 2004
$153,000
Public Record