3611 Jasmine Street, Sacramento, CA 95838, Sacramento, 95838 - 4 bed, 1 bath
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This Value-Add Residential Asset is strategically priced at $299,999, aligning with its $299,898 Fair Market Value to offer a stable entry point into the Sacramento market. While currently maintaining a Condition Rating of 4, the property’s four-bedroom layout provides exceptional rental utility and a prime opportunity for forced appreciation through a second-bathroom addition. Located just 0.1 miles from Michael J. Castori Elementary, the home benefits from consistent local demand. This property represents a high-utility acquisition for Fix-and-Flip Investors or first-time buyers looking to build significant sweat equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3611 Jasmine Street Subject | $299,999* List Price | 4 | 1 | 1,024 | $293 | - |
A 3620 W Natoma Way Sold | $310,000 | 4 | 2 | 1,218 | $255 | 0.3 mi |
B 3632 Presidio Street Sold | $365,000 | 3 | 2 | 1,000 | $365 | 0.3 mi |
C 3641 Pinell Street Sold | $320,000 | 2 | 1 | 892 | $359 | 0.4 mi |
D 3729 Presidio Street Sold | $340,000 | 4 | 2 | 1,340 | $254 | 0.3 mi |
E 1825 Roanoke Avenue Sold | $360,000 | 3 | 1 | 1,139 | $316 | 0.2 mi |
F 3390 Ivy Street Active | $329,000 List Price | 3 | 1 | 984 | $334 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1941, this property is significantly aged and shows signs of being outdated, particularly with a 4-bedroom layout squeezed into only 1,024 square feet and a single bathroom. While the property is functional and priced for the entry-level market, the lack of mentioned recent renovations and the high bedroom-to-bath ratio suggest older systems and finishes that likely require cosmetic and functional updates.
Priced under $300,000, this property represents a rare affordable opportunity in the Sacramento market, making it highly attractive for first-time homebuyers or budget-conscious investors.
Featuring four bedrooms, this home offers exceptional utility and versatility for larger families or high-occupancy rental potential, which is uncommon for properties at this price point.
The property is ideally situated within walking distance of local education, specifically Michael J. Castori Elementary (0.1 miles) and Grant Union High School (0.43 miles), providing significant convenience for families.
With only one bathroom serving four bedrooms, the home may present logistical challenges for larger households and could require additional investment to add a second bath for improved functionality.
At 1,024 square feet for a four-bedroom layout, the individual room sizes and common areas are likely quite small, which may feel cramped for residents accustomed to more open floor plans.
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.
Grades K-6 • 0.1 mi
Grades K-6 • 0.8 mi
Grades K-6 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 78% |
| Baths | 1.0 | 2.0 | 27% |
| Square foot | 1,024 | 1,208.5 | 31% |
| Lot Size | 6,098 | 6,098 | 50% |
| Price | $300.0K | $386.0K | 14% |
| Price per sq ft | $293 | $324 | 32% |
| Built year | 1941 | 1963 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 190 | 1% |
Mar 28, 2026
$299,999
Initial Listing
Oct 11, 2019
$229,000
Public Record
Feb 8, 2012
$38,500
Public Record
Apr 11, 2003
$140,000
Public Record