2842 Aurora Avenue, Sacramento, CA 95821, Sacramento, 95821 - 3 bed, 2 bath
2842 Aurora Avenue
Sacramento, CA 95821
Property Price
SUMMARY
Analysis of 2842 Aurora Avenue, Sacramento, CA 95821 reveals a Prime Investment Opportunity with a current list price of $429,000—significantly undercutting the $447,776 Fair Market Value by 4%. This valuation gap indicates a +$18,776 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Sacramento Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2842 Aurora Avenue Subject | $429,000* List Price | 3 | 2 | 1,482 | $302 | - |
A 2218 Shaw Street Sold | $445,000 | 3 | 2 | 1,600 | $278 | 0.4 mi |
B 2550 Carson Way Sold | $417,000 | 3 | 2 | 1,598 | $261 | 0.9 mi |
C 2520 Carson Way Sold | $485,000 | 3 | 2 | 1,550 | $313 | 0.9 mi |
D 2389 Ralston Road Sold | $465,000 | 3 | 2 | 1,303 | $357 | 0.5 mi |
E 2257 Edison Avenue Sold | $320,000 | 3 | 2 | 1,290 | $248 | 0.6 mi |
F 2248 Shaw Street Pending | $485,000 List Price | 3 | 3 | 1,438 | $337 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Although built in 1950, the property is move-in ready and well-maintained with significant recent updates including a newer HVAC system, water heater, updated flooring, and fresh interior paint. These improvements to major systems and cosmetic finishes meet the 'good' criteria for being functional and within their expected lifespan without requiring immediate renovation.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11326, living area = 1482.
- Immediate Cash Flow
The property is a fully occupied duplex with reliable tenants already in place, providing a turnkey investment opportunity with immediate rental income from day one.
- Recent Capital Improvements
Key systems and finishes have been recently updated, including a newer HVAC system, water heater, updated flooring, and fresh interior paint, reducing near-term maintenance costs.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Low School Ratings
The assigned local schools carry low ratings (2/10), which may limit the property's appeal to families and impact long-term appreciation compared to higher-rated districts.
- Vintage Construction
Built in 1950, the property may have underlying infrastructure or utility components nearing the end of their functional lifespan, despite recent cosmetic and HVAC updates.
About 2842 Aurora Avenue
Fully occupied duplex offering immediate rental income! One unit features 2 bedrooms and 1 bathroom and includes a private garage and laundry hookups, while the second unit is a 1 bedroom, 1 bathroom. The property has been well maintained with recent updates including newer HVAC, water heater, updated flooring, and fresh interior paint. Both units are tenant-occupied with reliable renters in place, making this an excellent turnkey investment opportunity. Ideal for investors seeking stable cash flow and low-maintenance ownership.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1950
- Lot Size
- 11,326 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sacramento Unified Schools
Dyer-Kelly Elementary School
Grades K-5 • 0.5 mi
Harry Dewey Fundamental Elementary School
Grades K-6 • 6.9 mi
Encina Preparatory High School
Grades 6-12 • 1.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,482 | 1,602 | 40% |
| Lot Size | 11,326 | 10,019 | 59% |
| Price | $429.0K | $508.0K | 28% |
| Price per sq ft | $289 | $324 | 26% |
| Built year | 1950 | 1954 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 164 | 1% |
Pricing History
Listed for Sale
Feb 26, 2026
$429,000
Initial Listing
Sold
Jan 16, 2019
$200,000
Public Record
Sold
May 5, 1995
$110,000
Public Record