308 Anderson, Sacramento, CA 95838, Sacramento, 95838 - 4 bed, 2 bath
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Sacramento, CA 95838
This property presents a High-Potential Investment Opportunity with a List Price of $311,000—positioned well below the $302,906 Fair Market Value by -2%. As a Legalized Duplex, this asset offers immediate rental income potential. The property carries a Condition Rating of 5, requiring significant structural and system rehabilitation. This project is best suited for Buy-and-Hold Investors or Contractors capable of managing a comprehensive renovation to stabilize this multi-unit asset and maximize long-term rental yields.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 308 Anderson Subject | $311,000* List Price | 4 | 2 | 1,300 | $233 | - |
A 304 Anderson Court Active | $300,000 List Price | 6 | 3 | 1,483 | $202 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is a significant fixer-upper currently in an uninhabitable state, evidenced by boarded-up windows, missing kitchen and bathroom fixtures, and a 'Dangerous Building' notice posted on the exterior. While some rooms show new laminate flooring and partial cabinet installation, the home requires substantial rehabilitation, structural repairs to the exterior siding, and complete system updates to meet safety and habitability standards.
As a legalized duplex, this property offers dual rental income streams or a house-hacking opportunity for an owner-occupant to offset mortgage costs.
The seller has already completed the legalization process for the duplex, providing peace of mind regarding zoning compliance and saving the buyer significant time and administrative effort.
The 'fixer' status presents a prime opportunity for investors to build equity through strategic renovations and command higher market rents upon completion.
The property is explicitly listed as a fixer-upper, meaning it will require immediate capital investment and project management before it is move-in or rent-ready.
With an original build date of 1942, the property likely features older electrical, plumbing, or mechanical systems that may necessitate expensive modernization to meet current standards.
This fixer is ready for your finishing touches. Seller has completed the legalization of the duplex.
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 | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,300 | 1,300 | 50% |
| Lot Size | 3,920 | 3,920 | 50% |
| Price | $311.0K | $630.0K | 33% |
| Price per sq ft | $239 | $311 | 33% |
| Built year | 1942 | 1942 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 76 | 171 | 33% |
May 17, 2026
$311,000
$300,000
+4% Price Increase
Initial Listing
Apr 4, 2026
$300,000
$360,000
-17% Price Drop
Initial Listing
Apr 1, 2026
$360,000
Initial Listing
Mar 20, 2024
$336,000
Public Record
Nov 13, 2020
$288,000
Public Record
Jul 23, 2019
$255,000
Public Record
Mar 20, 2019
$231,000
Public Record
Jul 9, 2018
$200,000
Public Record
May 31, 2011
$75,000
Public Record
Sep 28, 2010
$40,000
Public Record