
Sacramento, CA 95815
This property presents a Prime Investment Opportunity with a List Price of $285,000—positioned well below the $292,293 Fair Market Value by 2%. This valuation gap offers $7,293 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home offers a functional layout with a large backyard and patio/deck potential. Its proximity to downtown makes it a strategic asset for Buy-and-Hold Investors or first-time buyers seeking to build long-term equity through modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3241 Belmont Way Subject 2 bd · 1 ba · 916 sqft · $320 | $285,000* List Price | 2 | 1 | 916 | $320 | - |
A 1621 Frienza Avenue Sold 2 bd · 1 ba · 756 sqft · $357 · 1.0 mi | $270,000 | 2 | 1 | 756 | $357 | 1.0 mi |
B 2757 Altos Avenue Sold 3 bd · 1 ba · 1,006 sqft · $353 · 1.0 mi | $355,000 | 3 | 1 | 1,006 | $353 | 1.0 mi |
C 2870 Branch Street Sold 3 bd · 1 ba · 1,151 sqft · $261 · 0.7 mi | $300,000 | 3 | 1 | 1,151 | $261 | 0.7 mi |
D 2655 Taft Street Sold 3 bd · 1 ba · 1,064 sqft · $315 · 0.9 mi | $335,000 | 3 | 1 | 1,064 | $315 | 0.9 mi |
E 3241 Belmont Way Active 2 bd · 1 ba · 916 sqft · $338 · 0.0 mi | $310,000 List Price | 2 | 1 | 916 | $338 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1947, this property shows evidence of cosmetic updates such as newer laminate flooring and fresh paint, but the kitchen features dated cabinetry and countertops. While functional and move-in ready, the home's age and basic finishes suggest that systems and primary rooms are due for modernization to meet current market standards.
Priced competitively at $285,000, this property offers a rare and accessible entry point for first-time homebuyers or investors looking to build equity in the Sacramento market.
The 5,663-square-foot lot features a large backyard with significant versatility, providing ample space for an ADU, gardening, or future structural expansions to increase property value.
Situated just 15 minutes from Midtown and Downtown Sacramento, the home provides excellent proximity to major employment hubs, vibrant dining, and urban entertainment.
At only 916 square feet with a 2-bedroom, 1-bathroom configuration, the compact interior layout may be restrictive for growing families or those requiring a dedicated home office.
Built in 1947, the home likely requires ongoing maintenance or modernization of older systems and finishes to meet contemporary energy efficiency and aesthetic standards.
Charming bungalow in the Hagginwood neighborhood of Sacramento offering comfort, character, and opportunity! This 2-bedroom, 1-bath home features 916 sq ft of inviting living space with a functional layout that maximizes every square foot. Natural light fills the home, creating a warm and welcoming atmosphere throughout the living areas and bedrooms. Step outside to a large backyard with endless possibilitiesperfect for relaxing, gardening, entertaining, or exploring the potential for future improvements. Whether you envision creating your own outdoor oasis or adding value over time, the spacious lot provides flexibility to make it your own. Conveniently located near Hagginwood Park and just minutes from the Arden Arcade area, you'll enjoy easy access to shopping, dining, and everyday amenities. Commuters will appreciate being only about 15 minutes from Midtown and Downtown Sacramento, making it easy to enjoy the city's vibrant restaurants, entertainment, and nightlife. Ideal for first-time homebuyers looking to start their homeownership journey or investors seeking a great addition to their portfolio, this property offers both charm and potential in a centrally located Sacramento neighborhood. Don't miss the chance to make this bungalow your own!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 916 | 1,541.53 |
| Lot Size | 5,663 | 6,320.667 |
| Price | $285.0K | $503.2K |
| Price per sq ft | $311 | $331 |
| Built year | 1947 | 1975 |
| HOA | $0 | $130 |
| Days on market | 45 | 47 |
Sep 9, 2026
$285,000
Initial Listing
Jul 12, 2018
$210,000
Public Record
Oct 16, 2009
$60,000
Public Record
Jan 3, 1997
$40,000
Public Record