
Sacramento, CA 95821
This property presents a High-Potential Investment Opportunity with a List Price of $400,000—positioned well below the $393,109 Fair Market Value (Note: Market value reflects current pricing strategy). While the home carries a Condition Rating of 4, the attached sunroom and storage footprint offer significant ADU Conversion Potential to drive rental income. The seller is providing a closing cost credit to offset the Immediate Roof Replacement requirement. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to build equity through strategic renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2490 Michelle Dr Subject 3 bd · 1 ba · 1,151 sqft · $342 | $400,000* List Price | 3 | 1 | 1,151 | $342 | - |
A 3328 Marlene Drive Sold 3 bd · 1 ba · 1,001 sqft · $330 · 0.3 mi | $330,000 | 3 | 1 | 1,001 | $330 | 0.3 mi |
B 2149 Bluebird Lane Sold 3 bd · 1 ba · 956 sqft · $402 · 0.9 mi | $384,000 | 3 | 1 | 956 | $402 | 0.9 mi |
C 3204 Back Circle Active 3 bd · 1 ba · 1,014 sqft · $394 · 0.3 mi | $400,000 List Price | 3 | 1 | 1,014 | $394 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1954, this 70-year-old home is dated and requires a significant roof replacement as noted in the listing. While the bathroom shows some minor cosmetic updates to fixtures and paint, the overall interior and the unfinished sunroom/storage areas require modernization. The property is functional but needs both system repairs and aesthetic updates to reach its full potential.
The attached sunroom and storage room footprint provide a unique opportunity to easily create a 1-bedroom ADU or guest suite, offering significant rental income potential or multi-generational living space.
Priced aggressively under $400,000 and below neighborhood market values, this property allows buyers to build instant equity by handling upgrades and customization themselves.
A motivated seller is offering a generous closing cost credit specifically to assist with a future roof update, lowering the effective entry cost for the buyer.
The property requires a new roof, which is a significant deferred maintenance item that may impact certain types of financing and requires immediate attention after closing.
With three bedrooms but only one bathroom, the home's layout may be less appealing to larger families and could limit its competitive edge against 3-bedroom, 2-bathroom homes in the area.
Motivated Seller offering a generous closing cost credit/concession to assist with future roof update! UNBELIEVABLE OPPORTUNITY UNDER $400K! Welcome to 2490 Michelle Dr, Sacramento, CA 95821the ultimate canvas for standard residential buyers, house hackers, and savvy investors alike. This solid 3-bedroom, 1-bathroom single-family home spans 1,151 square feet of highly functional living space, complete with a spacious 2-car garage. The x-factor? An incredible attached sunroom and storage room footprint that can easily be transformed into a 1-bedroom ADU (Accessory Dwelling Unit), guest suite, or massive home office. Homeowners can rent it out to pay down their mortgage, or use it for multi-generational living. Even with the conversion the backyard has enough space for a pool or hot tub! The property is priced aggressively below neighborhood market values to account for a needed roof update, giving you the rare leverage to handle the upgrade yourself and build instant equity on day one. Stop paying peak prices for someone else's generic renovationsgrab this prime 95821 location, customize it exactly to your taste, and secure a massive financial head start in a fantastic neighborhood!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,151 | 1,541.53 |
| Lot Size | 6,098 | 6,320.667 |
| Price | $400.0K | $503.2K |
| Price per sq ft | $348 | $331 |
| Built year | 1954 | 1975 |
| HOA | $0 | $130 |
| Days on market | 30 | 47 |
Sep 24, 2026
$400,000
Initial Listing
Feb 22, 2018
$260,000
Public Record
Jul 24, 2008
$135,000
Public Record
Oct 4, 2005
$336,000
Public Record
Mar 24, 2005
$268,000
Public Record
Nov 18, 2002
$125,000
Public Record