2782 Grove Avenue, Sacramento, CA 95815, Sacramento, 95815 - 2 bed, 1 bath
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Sacramento, CA 95815
This Value-Add Residential Asset is listed at $245,000, with a Fair Market Value of $111,909. While the current list price sits above the automated estimation, the property offers unique strategic value as part of a rare four-property contiguous assembly. The home maintains a Condition Rating of 4, featuring functional but dated 1948 finishes that provide a clear path for forced appreciation through modernization. Including a 1-car garage and separate parcel status, this property is a targeted acquisition for Buy-and-Hold Investors or Portfolio Builders looking to secure a scalable footprint in the Sacramento market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2782 Grove Avenue Subject | $245,000* List Price | 2 | 1 | 780 | $307 | - |
A 974 Acacia Avenue Sold | $257,500 | 2 | 1 | 916 | $281 | 0.8 mi |
B 1021 Alamos Avenue Sold | $300,000 | 2 | 1 | 968 | $310 | 0.8 mi |
C 618 Santiago Avenue Sold | $260,000 | 2 | 1 | 750 | $347 | 0.6 mi |
D 688 Eleanor Avenue Sold | $280,000 | 2 | 1 | 1,020 | $275 | 0.5 mi |
E 2786 Grove ave Avenue Active | $275,000 List Price | 2 | 1 | 935 | $294 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1948, this property is functional and currently tenanted but shows significant signs of age and outdated finishes. The kitchen and bathroom feature older cabinetry, tiling, and appliances that lack modern updates. The exterior and interior suggest the home has been maintained through basic upkeep rather than comprehensive renovation, aligning with the listing's 'value-add potential' description which indicates a need for cosmetic and system modernization.
Tenant to vacate at Closing. 2782 Grove Ave offers a 2-bedroom, 1-bath home with a 1-car garage and additional driveway parking, situated on its own separate parcel. Ideal for first-time buyers or investors seeking a solid property with value-add potential. This home is part of a rare opportunity to purchase FOUR side-by-side properties (2780, 2782, 2784, 2786 Grove Ave), available individually or as a package. Price reflects 2782 Grove Ave only. See attached docs for individual pricing and tenant details.(2780)_MLS#226006361... (2782)_MLS#225153245... (2784)_MLS#226000525... (2786)_MLS#226000540...
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 | 780 | 1,075.5 | 16% |
| Lot Size | 4,423 | 6,970 | 10% |
| Price | $245.0K | $347.0K | 8% |
| Price per sq ft | $314 | $325 | 42% |
| Built year | 1948 | 1947 | 52% |
| HOA | $0 | $0 | 50% |
| Days on market | 120 | 177 | 26% |
Feb 19, 2026
$245,000
$235,000
+4% Price Increase
Initial Listing
Feb 8, 2026
$235,000
$250,000
-6% Price Drop
Initial Listing
Dec 23, 2025
$250,000
Initial Listing