
Sacramento, CA 95815
This Value-Add Residential Asset is currently offered at a List Price of $275,000. Featuring a Condition Rating of 4, the property is in functional but dated condition, offering a clear path for forced appreciation through cosmetic and system updates. The 935-square-foot home includes original hardwood floors and a detached garage, situated on a separate parcel within a rare four-property investment package. This vacant property is a strategic acquisition for Buy-and-Hold Investors or Contractors looking to capitalize on Sacramento's rental demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2786 Grove ave Avenue Subject | $275,000* List Price | 2 | 1 | 935 | $294 | - |
A 1021 Alamos Avenue Sold | $300,000 | 2 | 1 | 968 | $310 | 0.9 mi |
B 974 Acacia Avenue Sold | $257,500 | 2 | 1 | 916 | $281 | 0.8 mi |
C 2559 Norwood Avenue Sold | $340,000 | 2 | 1 | 963 | $353 | 0.4 mi |
D 688 Eleanor Avenue Sold | $280,000 | 2 | 1 | 1,020 | $275 | 0.5 mi |
E 618 Santiago Avenue Sold | $260,000 | 2 | 1 | 750 | $347 | 0.6 mi |
F 2782 Grove Avenue Active | $245,000 List Price | 2 | 1 | 780 | $314 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1948, this property is in functional but dated condition, consistent with the 'value-add' description provided by the listing agent. The kitchen features older painted cabinetry and basic appliances, while the living areas retain older hardwood floors and a dated wall-mounted heating unit. The bathroom and fixtures appear aged but maintained. The property lacks modern renovations or central HVAC systems, placing it firmly in the 'fair' category as it is livable but requires cosmetic and system updates to meet modern standards.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4503, other record lot size in square feet = 21582. Living area discrepancy between mls listing and other public or private record. mls listing living area = 935, other record living area = 3932. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 9.
VACANT NOW! 2786 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 2786 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 | 935 | 1,075.5 | 34% |
| Lot Size | 4,503 | 6,970 | 10% |
| Price | $275.0K | $347.0K | 20% |
| Price per sq ft | $294 | $325 | 32% |
| Built year | 1948 | 1947 | 52% |
| HOA | $0 | $0 | 50% |
| Days on market | 109 | 177 | 22% |
Feb 19, 2026
$275,000
$270,000
+2% Price Increase
Initial Listing
Feb 8, 2026
$270,000
$279,000
-3% Price Drop
Initial Listing
Jan 26, 2026
$279,000
$285,000
-2% Price Drop
Initial Listing
Jan 3, 2026
$285,000
Initial Listing
Aug 26, 2022
$789,000
Public Record
Jan 6, 2020
$485,000
Public Record
May 4, 2017
$375,000
Public Record
Jan 31, 2012
$245,000
Public Record
Dec 17, 2009
$190,000
Public Record