304 Anderson Court, Sacramento, CA 95838, Sacramento, 95838 - 6 bed, 3 bath
Loading property details...
Sacramento, CA 95838
This property presents a High-Potential Investment Opportunity with a List Price of $300,000—positioned well below the $307,919 Fair Market Value by 2%. This valuation gap offers $7,919 in Instant Equity for buyers. Featuring a Condition Rating of 6, the fire-damaged triplex requires total redevelopment, yet the corner lot and existing plans for a 4th unit provide significant upside. This is a strategic asset ideal for Buy-and-Hold Investors or Contractors seeking to maximize density and rental income in Sacramento.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 304 Anderson Court Subject | $300,000* List Price | 6 | 3 | 1,483 | $208 | - |
A 308 Anderson Active | $311,000 List Price | 4 | 2 | 1,300 | $239 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1942 and severely fire-damaged, the structure is unlivable and requires total redevelopment; the value lies in the land and potential for new construction.
The property includes plans for a potential 4th unit, offering a significant opportunity to increase density and maximize future rental income beyond the current triplex configuration.
The seller has already completed all necessary fire-damage cleanup, providing a substantial head start for contractors and developers to begin the restoration or redevelopment process immediately.
Situated on a 3,920 SF corner lot, the property benefits from enhanced accessibility and visibility, which are premium features for multi-unit residential income investments.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 3.
The existing structure is fire-damaged, requiring a total restoration or rebuild, which entails high renovation costs and complex permitting processes.
Due to its current uninhabitable condition, the property will likely not qualify for traditional financing, limiting the buyer pool to cash investors or those with specialized construction loans.
Investor Special! Rare opportunity to acquire a fire-damaged triplex on a corner lot in Sacramento. The property consists of three 2-bedroom, 1-bath units with the existing structure still in place. Seller has completed all necessary cleanup, providing a head start for redevelopment or restoration. Included are plans for a potential 4th unit, offering added value and future upside. Situated on a 3,920 SF corner lot with a 1,483 SF building, this is an ideal project for investors, contractors, and developers looking to unlock the property's full potential.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades 5-8 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 6.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,483 | 1,483 | 50% |
| Lot Size | 3,920 | 3,920 | 50% |
| Price | $300.0K | $630.0K | 33% |
| Price per sq ft | $202 | $311 | 33% |
| Built year | 1942 | 1942 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 171 | 33% |
Jun 12, 2026
$300,000
Initial Listing
Oct 27, 2023
$199,000
Public Record
Sep 16, 2021
$120,000
Public Record
Jun 26, 2020
$227,000
Public Record
Jul 11, 2016
$147,500
Public Record