3611 23rd Ave, Sacramento, CA 95820, Sacramento, 95820 - 3 bed, 1 bath
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3611 23rd Ave
Sacramento, CA 95820
ACTIVE
CONDITION: FAIR
3Beds
1Baths
749Sq Ft
6,098Lot Size
Property Price
LIST PRICE$330,000
EST. MARKET VALUE
$298,661
10% AboveMARKET VALUE
SUMMARY
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $340,000—positioned well above the $301,829 Fair Market Value by -12%. While priced above market, the property features a rare 3.5% assumable loan, providing significant long-term interest savings. With a Condition Rating of 4, the home is move-in ready with a new HVAC system and backyard patio, though it requires cosmetic updates. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a strategic, commuter-friendly location near CSUS.
Estimated Market Value
$298,661
Based on Realkey algorithm analyzing recent comparable sales in Sacramento.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3611 23rd Ave Subject 3 bd · 1 ba · 749 sqft · $399 | $330,000* List Price | 3 | 1 | 749 | $399 | - |
A 2510 Atlas Avenue Sold 3 bd · 1 ba · 1,032 sqft · $349 · 0.7 mi | $360,000 | 3 | 1 | 1,032 | $349 | 0.7 mi |
B 3450 27th Avenue Active 3 bd · 1 ba · 808 sqft · $390 · 0.3 mi | $314,990 List Price | 3 | 1 | 808 | $390 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1984, this 40-year-old property is well-maintained and move-in ready but remains largely dated. While it features a brand-new HVAC system and a recently updated bathroom vanity, the kitchen retains older laminate countertops and basic cabinetry. The interior shows minor wear, such as carpet staining, and requires cosmetic updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Favorable Financing
The 3.5% assumable loan offers a significant financial advantage, providing a rare opportunity for buyers to secure a monthly payment well below current market interest rates.
- Recent Capital Improvements
The installation of a brand-new HVAC system, along with a new front gate and backyard pavers, ensures immediate comfort and reduces near-term maintenance costs for the new owner.
- Strategic Commuter Location
Ideally situated with quick freeway access and proximity to CSUS and Downtown Sacramento, this property holds strong appeal for both owner-occupants and investors seeking high rental demand.
CONSRISKS & DEFICIENCIES
- Limited Square Footage
With only 749 square feet of living space distributed across three bedrooms, the interior layout is exceptionally compact and may feel cramped for larger households.
- Low Bathroom-to-Bedroom Ratio
The presence of only one bathroom for a three-bedroom residence can be a significant functional drawback for families or roommates, potentially impacting the home's long-term utility.
About 3611 23rd Ave
DON'T OVERLOOK the 3.5% assumable loan! This quaint, move-in ready single-story home features recent improvements for low-maintenance peace of mind, including a brand-new HVAC system, updated bathroom vanity, fresh front yard gate, and new backyard pavers. Bring your creativity to this spacious backyard, filled with endless possibilities. Additional highlights include a single-car garage with dedicated laundry hookups and an unbeatable commuter locationsituated right off the freeway and just minutes from CSUS and Downtown Sacramento.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1984
- Lot Size
- 6,098 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 749 | 1,541.53 |
| Lot Size | 6,098 | 6,320.667 |
| Price | $330.0K | $503.2K |
| Price per sq ft | $441 | $331 |
| Built year | 1984 | 1975 |
| HOA | $0 | $130 |
| Days on market | 25 | 47 |
Pricing History
Listed for Sale
Oct 16, 2026
$330,000
$340,000
-3% Price Drop
Initial Listing
Price Change
Sep 29, 2026
$340,000
Initial Listing
Sold
Feb 14, 2022
$350,000
Public Record
Sold
Dec 21, 2007
$195,000
Public Record