2589 Altos Avenue, Sacramento, CA 95815, Sacramento, 95815 - 3 bed, 2 bath
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Sacramento, CA 95815
This property presents a High-Potential Investment Opportunity with a List Price of $375,000—positioned well above the $336,586 Fair Market Value by -11%. While the price reflects a premium, the Permitted Garage Conversion and ADU Development Potential on the 6,098 sqft lot provide significant avenues for forced appreciation. Given the Fair Condition Rating (1954 build), this asset requires a strategic renovation plan to modernize infrastructure. This is a tactical acquisition ideal for Buy-and-Hold Investors or Contractors seeking to maximize long-term rental yield.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2589 Altos Avenue Subject | $375,000* List Price | 3 | 2 | 1,080 | $317 | - |
A 200 Lindley Drive Sold | $300,000 | 4 | 2 | 1,158 | $259 | 0.6 mi |
B 2650 Norwood Avenue Sold | $299,000 | 2 | 1 | 741 | $404 | 0.2 mi |
C 1022 Frienza Avenue Active | $350,000 List Price | 3 | 1 | 1,238 | $283 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1954 (70 years old) and marketed as an 'investor project' and 'opportunity' ready for 'vision,' the property likely features original or significantly aged systems, kitchen, and baths. The description and exterior photos suggest a need for a full rehab rather than minor updates.
The property includes a garage already converted with permits and plans, providing immediate flexibility for rental income, a private workspace, or extended living quarters.
The generous 6,098 sqft lot offers ample space for the construction of an Accessory Dwelling Unit (ADU), allowing owners to maximize the property's long-term value and utility.
With no HOA fees or Mello-Roos taxes, this property offers a more affordable ownership structure compared to newer developments in the Sacramento area.
Built in 1954, the home may require significant updates to its core systems and cosmetic finishes to meet modern standards and buyer expectations.
At 1,080 sqft for a 3-bedroom, 2-bath configuration, the interior layout may feel constrained, particularly for families requiring larger communal living areas.
HELLO *** Opportunity is knocking. Whether you're looking to invest, expand, or settle into your own space, this versatile 3-bedroom, 2-bath home delivers. Offering 1,080 sq ft of living space on a generous 6,098 sqft lot, the property is filled with potential and ready for your vision. The garage has already been converted with permits and plans, creating added flexibility for extended living, rental income, or a private workspace. Step outside to a spacious backyard with ample room to build an ADU, design an outdoor retreat, or maximize future value. No HOA. No Mello-Roos. Just freedom and opportunity in a convenient location near Arden Mall, dining, shopping, and easy access to Downtown Sacramento. Whether you're an investor looking for your next project or a buyer wanting room to grow, this property checks the boxes for both lifestyle and long-term potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,080 | - |
| Lot Size | 6,098 | - |
| Price | $375.0K | $505.7K |
| Price per sq ft | $347 | $341 |
| Built year | 1954 | 0 |
| HOA | $0 | $0 |
| Days on market | 38 | 42 |
Jun 15, 2026
$375,000
Initial Listing
Aug 26, 2024
$330,000
Public Record
Feb 28, 2018
$132,000
Public Record
Sep 16, 2008
$42,000
Public Record
Feb 10, 2005
$249,500
Public Record