2665 Princeton Street, Sacramento, CA 95815, Sacramento, 95815 - 2 bed, 1 bath
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Sacramento, CA 95815
This Value-Add Residential Asset represents a High-Potential Investment Opportunity. Listed at $260,000, the property is positioned with high stability at its $252,025 Fair Market Value. Currently holding a Condition Rating of 5 due to aging infrastructure, the home offers a significant canvas for forced appreciation through modernization of its major systems. The asset includes reliable long-term tenants providing immediate cash flow, while the 6,534 sqft lot with a deep driveway offers expansion potential. This is an optimal acquisition for Buy-and-Hold Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2665 Princeton Street Subject | $260,000* List Price | 2 | 1 | 1,066 | $236 | - |
A 1675 Glenrose Avenue Sold | $302,000 | 3 | 1 | 966 | $313 | 0.1 mi |
B 1595 Silica Avenue Active | $248,000 List Price | 2 | 1 | 1,108 | $224 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1940, this property is in poor condition and requires substantial rehabilitation. The kitchen and laundry areas feature severely outdated appliances and worn flooring, while the exterior shows a dilapidated fence and deferred maintenance. The listing's below-market pricing and description as an investment opportunity further confirm the need for significant repairs and modernization of major systems.
Priced significantly below market value at $260,000, this property offers immediate equity potential and a high ceiling for return on investment in the Sacramento market.
The property features reliable, long-term tenants with a proven track record of on-time payments, ensuring immediate and stable cash flow for an investor from day one.
The deep driveway provides ample off-street parking for multiple vehicles, while the generous backyard offers significant space for outdoor recreation or potential ADU expansion.
Built in 1940, the home likely requires updates to major systems such as electrical, plumbing, and HVAC to meet modern efficiency and safety standards.
The 3-bedroom, 1-bathroom configuration is less desirable for modern families and may limit the property's competitive edge against homes with multiple bathrooms.
Excellent investment opportunity. 3 bedroom 1 bath house. Long term tenants in place who always pay on time. Deep driveway for extra parking. Good size backyard for your summer fun. Priced way below market for a quick sale.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 46% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 1,066 | 1,075.5 | 48% |
| Lot Size | 6,534 | 6,970 | 48% |
| Price | $260.0K | $347.0K | 16% |
| Price per sq ft | $244 | $325 | 12% |
| Built year | 1940 | 1946 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 177 | 2% |
Apr 9, 2026
$260,000
Initial Listing
Feb 18, 2022
$230,000
Public Record
Nov 1, 2013
$1,100,000
Public Record
Sep 17, 2012
$40,000
Public Record