
Sacramento, CA 95815
This property presents a High-Potential Investment Opportunity with a List Price of $495,000—positioned well below the $460,344 Fair Market Value by -7%. While the home currently holds a Condition Rating of 5 due to incomplete renovations and structural remediation needs, the expansive 37,462 sqft lot and Detached Warehouse offer significant upside. This asset is ideal for Fix-and-Flip Investors or Contractors capable of completing the interior finishes and leveraging the land for ADU development or commercial storage utility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2930 Albatross Way Subject 4 bd · 2 ba · 1,440 sqft · $320 | $495,000* List Price | 4 | 2 | 1,440 | $320 | - |
A 3128 Clay Street Active 2 bd · 1 ba · 1,328 sqft · $278 · 1.0 mi | $369,000 List Price | 2 | 1 | 1,328 | $278 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1947, this property is over 70 years old and currently undergoes an incomplete, in-progress renovation. While new flooring and paint have been started, the kitchen and bathrooms are unfinished, and interior images reveal a prominent water stain on the ceiling indicating a roof leak or structural defect that requires remediation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 37462, living area = 1440.
Sitting on nearly an acre, the rare 37,462 sqft lot provides exceptional flexibility for RV/boat parking, gardening, or the construction of an ADU for multigenerational living or rental income.
The inclusion of a detached warehouse offers significant value-add for contractors, small business owners, or hobbyists needing dedicated workshop, studio, or equipment storage space.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
With bathrooms and other improvements currently 'in progress,' the property requires a buyer willing to manage and fund the completion of finishing touches before it is fully move-in ready.
Built in 1947, the home may present challenges common to older structures, potentially requiring additional investment in underlying systems like plumbing or electrical that are not explicitly modernized.
Opportunities like 2930 Albatross rarely come to market, with this Sacramento property sitting on just under an acre and featuring a detached warehouse in the back. Inside, the transformation is already underway with new flooring, a remodeled kitchen, and updated bathrooms in progress, taking care of some of the most important improvements and leaving room for the next owner to add their own finishing touches. Outside, the expansive lot offers space, flexibility, and upside, with room for gardens, RV and boat parking, outdoor entertaining, or the potential to add an ADU for multigenerational living, guest quarters, or rental income. The warehouse provides valuable space for a workshop, storage, equipment, or a creative studio. Whether you're a contractor, small business owner, hobbyist, or investor ready to add value, this much land and versatility is hard to find in the city. Bring your vision and make 2930 Albatross your next great opportunity. Buyer to verify zoning, ADU feasibility, and permitted uses.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,440 | 1,541.53 |
| Lot Size | 37,462 | 6,320.667 |
| Price | $495.0K | $503.2K |
| Price per sq ft | $344 | $331 |
| Built year | 1947 | 1975 |
| HOA | $0 | $130 |
| Days on market | 32 | 47 |
Sep 22, 2026
$495,000
Initial Listing
Aug 8, 2019
$310,000
Public Record