
Sacramento, CA 95815
This Value-Add Residential Asset is listed at $299,999, positioned accurately near its $298,162 Fair Market Value. Featuring a Condition Rating of 4, the 1949-built home requires interior modernization but offers a substantial 6,098 Square Foot Lot with significant ADU Potential. The absence of HOA fees and the competitive entry-level price point in the Sacramento market provide a stable foundation for forced appreciation through renovation. This property is a strategic acquisition for Buy-and-Hold Investors or Contractors looking to capitalize on a high-utility lot.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3176 Callecita Street Subject | $299,999* List Price | 2 | 1 | 768 | $383 | - |
A 974 Acacia Avenue Sold | $257,500 | 2 | 1 | 916 | $281 | 0.5 mi |
B 1904 Iris Avenue Sold | $330,000 | 2 | 1 | 753 | $438 | 0.9 mi |
C 2622 Del Paso Boulevard Sold | $285,000 | 2 | 1 | 684 | $417 | 0.9 mi |
D 3139 Judah Street Sold | $326,000 | 2 | 2 | 869 | $375 | 0.5 mi |
E 3241 Belmont Way Active | $325,000 List Price | 2 | 1 | 916 | $355 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1949, this property is significantly aged and shows signs of being outdated. The recent price drop compared to its 2022 sale price, combined with the property analysis suggesting a need for modern updates, indicates that while the home is likely functional, it lacks recent renovations to the kitchen, bathrooms, and major systems. It fits the criteria for a well-maintained but dated home requiring minor to moderate updates.
Listed at $299,999, this property offers a highly accessible price point for the Sacramento market, making it an ideal opportunity for first-time homebuyers or budget-conscious investors.
The 6,098 square foot lot provides a generous amount of outdoor space relative to the home's footprint, offering significant potential for gardening, expansion, or the addition of an Accessory Dwelling Unit (ADU).
The absence of a homeowners association ensures lower monthly carrying costs and provides the owner with greater freedom to customize the property without restrictive covenants.
With only 768 square feet of living space, the home's compact layout may feel restrictive for families or those requiring dedicated home office space.
The property is currently listed significantly below its 2022 sale price of $340,000, which may indicate a shift in neighborhood market dynamics or a need for modern updates to regain peak value.
Exceptional opportunity in Sacramento. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
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 | 768 | 1,075.5 | 16% |
| Lot Size | 6,098 | 6,970 | 44% |
| Price | $300.0K | $347.0K | 26% |
| Price per sq ft | $391 | $334 | 80% |
| Built year | 1949 | 1947 | 60% |
| HOA | $0 | $0 | 50% |
| Days on market | 51 | 177 | 2% |
Mar 2, 2026
$299,999
Initial Listing
Aug 3, 2022
$340,000
Public Record
Aug 3, 2020
$210,500
Public Record
Oct 22, 1998
$34,500
Public Record