2784 Grove Avenue, Sacramento, CA 95815, Sacramento, 95815 - 2 bed, 1 bath
ACTIVE$275,000$935/sqft
Est. Value: $238,338
-13%
AboveEstimate
2784 Grove Avenue, Sacramento, CA 95815
2Beds
1Bath
935Sqft
3,405Lot
Price Vs. Estimate
The estimated value ($238,338) is $36,662 (13%) lower than the list price ($275,000). This property may be overpriced.
Key pros and cons
Top Pros:
Affordable Price Point: Listed at $275,000, this single-family residence offers an exceptionally competitive entry point into the Sacramento real estate market, appealing to first-time buyers.
Top Cons:
Older Construction: Built in 1948, the home may require significant updates to its systems (e.g., electrical, plumbing, HVAC) and aesthetics to meet modern standards.
Compared to the nearby listings
Price:$275.0K vs avg $327.8K ($-52,750)28%
Size:935 sqft vs avg 1,050 sqft35%
Price/sqft:$294 vs avg $32141%
More Insights
Built in 1948 (78 years old).
Condition: Built in 1948, this property is explicitly marketed with 'value-add potential' and the need for 'significant updates to its systems (e.g., electrical, plumbing, HVAC) and aesthetics.' The absence of interior photos, particularly of the kitchen and bathroom, strongly suggests these areas are severely outdated and require substantial renovation. While described as a 'solid property,' it requires significant rehabilitation to meet modern living standards.
Year Built
1948
Close
-
List price
$275K
Original List price
-
Price/Sqft
$294
HOA
$0
Days on market
-
Sold On
-
MLS number
226000525
Home ConditionPoor
Features
View-
About this home
2784 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 three side-by-side properties (2782, 2784, 2786 Grove Ave), available individually or as a package. Price reflects 2784 Grove Ave only. See attached docs for individual pricing and tenant details.2782 MLS#225153245, 2784 MLS#226000525, 2786 MLS#226000540
M
Michael Lim
Listing Agent
Condition Rating
Poor
Built in 1948, this property is explicitly marketed with 'value-add potential' and the need for 'significant updates to its systems (e.g., electrical, plumbing, HVAC) and aesthetics.' The absence of interior photos, particularly of the kitchen and bathroom, strongly suggests these areas are severely outdated and require substantial renovation. While described as a 'solid property,' it requires significant rehabilitation to meet modern living standards.
Pros & Cons
Pros
Affordable Price Point: Listed at $275,000, this single-family residence offers an exceptionally competitive entry point into the Sacramento real estate market, appealing to first-time buyers.
Investment & Value-Add Potential: The property is explicitly marketed with 'value-add potential,' making it an attractive opportunity for investors seeking to enhance its worth through renovations or upgrades.
Multi-Property Acquisition Opportunity: A rare chance to purchase this home individually or as part of a package with two adjacent properties (2782, 2786 Grove Ave), ideal for portfolio expansion or multi-generational living.
No Homeowners Association (HOA) Fees: The absence of HOA fees significantly reduces ongoing ownership costs, providing greater financial flexibility for the buyer.
Dedicated Parking: The property includes a 1-car garage and additional driveway parking, offering convenient and secure off-street parking options.
Cons
Older Construction: Built in 1948, the home may require significant updates to its systems (e.g., electrical, plumbing, HVAC) and aesthetics to meet modern standards.
Compact Square Footage: With 935 sqft, the living space is relatively small, which might be a constraint for buyers seeking more expansive interiors or accommodating a growing family.
Limited Bathroom Count: The presence of only one bathroom for a two-bedroom home could present functional challenges and inconvenience for occupants.