2699 Grove Avenue, Sacramento, CA 95815, Sacramento, 95815 - 3 bed, 1 bath
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Sacramento, CA 95815
This property presents a High-Potential Investment Opportunity with a List Price of $349,000—positioned well above the $301,485 Fair Market Value by -15%. While the home features a Condition Rating of 4 with recent cosmetic updates, the 1946 infrastructure suggests a need for future capital improvements. The spacious, splittable lot provides significant ADU potential and expansion flexibility. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a property with long-term value-add potential in a convenient location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2699 Grove Avenue Subject | $300,000* List Price | 3 | 1 | 728 | $394 | - |
A 2650 Norwood Avenue Sold | $299,000 | 2 | 1 | 741 | $404 | 0.2 mi |
B 618 Santiago Avenue Sold | $260,000 | 2 | 1 | 750 | $347 | 0.5 mi |
C 2622 Del Paso Boulevard Sold | $285,000 | 2 | 1 | 684 | $417 | 0.9 mi |
D 631 Las Palmas Avenue Active | $360,000 List Price | 3 | 1 | 936 | $385 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the home features a recent cosmetic refresh with new carpet, laminate flooring, and paint, the 1946 structure remains largely original in terms of layout and major components. The kitchen and bath appear dated despite the new flooring, and there is no mention of updated HVAC or electrical systems. It is functional and move-in ready but requires further modernization to meet higher standards.
The property sits on a spacious, splittable lot with ADU potential, offering significant opportunities for future expansion or generating additional rental income.
Featuring brand-new flooring and a freshly painted interior, the home provides a clean, move-in-ready aesthetic that appeals to first-time buyers.
Priced competitively at $349,000, this property serves as an excellent entry-level opportunity for investors or buyers looking for a budget-friendly home in Sacramento.
With only 728 square feet of living area, the home's footprint is quite small, which may feel restrictive for families or those requiring extra storage.
Built in 1946, the property may require future capital improvements to aging mechanical or structural systems typical of homes from this era.
Charming cottage-style home featuring 2 bedrooms and 1 bathroom. Enjoy all new flooring, including plush carpet and stylish laminate flooring in the kitchen, plus a freshly painted interior that creates a bright and welcoming feel. This cozy home offers comfortable living with classic charm. Situated on a spacious splittable lot with potential for an ADU or future expansion, providing excellent investment and income-producing opportunities. Conveniently located near shopping, this is a great opportunity for first-time home buyers, investors, or anyone looking for a property with future potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 52% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 728 | 994 | 13% |
| Lot Size | 6,534 | 6,098 | 52% |
| Price | $300.0K | $330.0K | 35% |
| Price per sq ft | $412 | $347 | 81% |
| Built year | 1946 | 1948 | 48% |
| HOA | $0 | $0 | 50% |
| Days on market | 40 | 190 | 3% |
Jun 11, 2026
$300,000
$325,000
-8% Price Drop
Initial Listing
May 21, 2026
$325,000
$349,000
-7% Price Drop
Initial Listing
May 7, 2026
$349,000
Initial Listing