2387 Erickson Street, Sacramento, CA 95815, Sacramento, 95815 - 2 bed, 2 bath
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Sacramento, CA 95815
This Versatile Income-Generating Asset is listed at $379,000, positioned relative to a $346,178 Fair Market Value. While priced above the baseline estimate, the valuation is supported by a Condition Rating of 4 and rare functional assets, including a Permitted Second Unit and a detached 3-Car Garage. The main residence features a modernized Granite Kitchen, while the secondary unit offers immediate rental potential or multi-generational living. With a private Patio and alley access, this property offers unique utility in the Sacramento market. It is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack opportunity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2387 Erickson Street Subject | $379,000* List Price | 2 | 2 | 1,048 | $330 | - |
A 688 Eleanor Avenue Sold | $280,000 | 2 | 1 | 1,020 | $275 | 0.6 mi |
B 254 El Camino Avenue Sold | $335,000 | 2 | 1 | 1,163 | $288 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and move-in ready with some functional updates, including granite countertops and newer wood-look flooring in the main living areas. However, it remains largely dated, featuring a bathroom with older tile and wallpaper, and a secondary unit that retains a heavy 1970s aesthetic with wood paneling and plaid carpeting. While functional, these areas require cosmetic modernization to meet current quality standards.
The property includes a fully permitted second unit above the garage with a full bathroom and bar, offering excellent opportunities for rental income, a guest suite, or multi-generational living.
A detached three-car garage with rear alley access provides rare and extensive storage or workshop space that is highly uncommon for a home of this size and price point.
The main residence features functional updates including granite countertops and newer flooring, allowing for immediate move-in while maintaining the home's original character.
The permitted unit above the garage features a 'retro 70's vibe' that may require additional capital investment for cosmetic updates to meet modern buyer expectations.
With 1,048 square feet divided between a living room and a separate family room, the individual living spaces may feel small or constrained for some families.
Welcome to this charming and well-maintained Old-North Sacramento home full of character and opportunity. Featuring 2 bedrooms and 1 bathroom, this residence offers updated flooring, a lovely and functional kitchen with granite countertops, and both a comfortable living room and a separate family room providing flexible space for everyday living and entertaining. The home has clearly been cared for and loved over the years, and it shows throughout. While it is move-in ready, there's also room to add your own personal touches and modern updates to truly make it your own. One of the standout features of this property is the detached 3-car garage, accessible from the rear alley. Above the garage sits a fully permitted second unit currently designed as a vibrant game room with a fun retro 70's vibe. Complete with a full bathroom, bar area, and fireplace, this versatile space offers incredible potentialwhether you envision it as a guest suite, rental unit for passive income, home office, or multi-generational living. With its unique layout, income potential, and inviting charm, this property is a rare find with endless possibilities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 46% |
| Baths | 2.0 | 1.0 | 54% |
| Square foot | 1,048 | 1,075.5 | 46% |
| Lot Size | 6,534 | 6,970 | 48% |
| Price | $379.0K | $350.5K | 62% |
| Price per sq ft | $362 | $334 | 72% |
| Built year | 1953 | 1947 | 72% |
| HOA | $0 | $0 | 50% |
| Days on market | 20 | 178 | 2% |
Apr 3, 2026
$379,000
Initial Listing