
Sacramento, CA 95838
This High-Potential Investment Opportunity is listed at a List Price of $300,000—positioned well below the $301,721 Fair Market Value by 0.57%. Featuring an R-3-R multi-family zoning designation on a 6,534 sq. ft. lot, this turn-key residence offers significant development upside. With a Condition Rating of 2, the home includes modern finishes and RV access. This asset is ideal for Buy-and-Hold Investors or first-time buyers looking to leverage land development potential in a central Sacramento location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 363 Ford RD Subject 1 bd · 1 ba · 569 sqft · $530 | $300,000* List Price | 1 | 1 | 569 | $530 | - |
A 616 Lindsay Avenue Pending 1 bd · 1 ba · 544 sqft · $513 · 0.6 mi | $279,000 List Price | 1 | 1 | 544 | $513 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1950, the property is marketed as a fully updated, turn-key residence. It features a refreshed kitchen, a luxurious bathroom, and elite modern finishes throughout. With new electric HVAC, dual-pane windows, and a complete interior overhaul, the home meets the criteria for a recent renovation (under 5 years) in mint, move-in condition.
The property features R-3-R multi-family zoning on a spacious 6,534 sq. ft. lot, offering exceptional potential for expanding the existing home, new construction, or building a multi-unit apartment complex.
The residence is fully updated and move-in ready, boasting an open-concept layout, refreshed kitchen, luxurious bathroom, elite modern finishes, and a new electric HVAC system.
The property offers excellent utility with a secure gated entry, a multi-functional backyard, and wide side-yard access ideal for large vehicles or RV parking.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 569, other record living area = 501.
With only 1 bedroom, 1 bathroom, and 569 square feet of living area, the home's small footprint significantly limits its appeal for traditional families or buyers requiring more space.
The closest neighborhood public schools have low performance ratings, such as Fairbanks Elementary (2/10) and Martin Luther King Jr. Technology Academy (1/10), which may impact long-term resale value for families.
Fully updated, turn-key residence on a spacious, ready-to-build 6,500+ sq. ft. lot in Sacramento. An open-concept layout connects the bright living area to a refreshed kitchen, a luxurious bathroom, elite modern finishes, dedicated laundry hookups, and a versatile bonus room. Large dual-pane windows add abundant natural light and serene views. Electric HVAC heating and air conditioning. gated entry, wide side-yard vehicle/RV access, and a multi-functional backyard. Central location convenient to local parks, shopping plazas, schools, major freeway corridors, Downtown Sacramento, and the airport. Rare opportunity for first-time buyers, investors, and builders to R-3-R multi-family zoning with exceptional potential for expanding the existing home, new construction, building an apartment complex, or multi-unit land development. . Landscape changes seasonally. Photos are digitally altered, virtually staged.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.5 mi
Grades K-2 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 569 | 1,541.53 |
| Lot Size | 6,534 | 6,320.667 |
| Price | $300.0K | $503.2K |
| Price per sq ft | $527 | $331 |
| Built year | 1950 | 1975 |
| HOA | $0 | $130 |
| Days on market | 86 | 47 |
Sep 3, 2026
$300,000
$325,000
-8% Price Drop
Initial Listing
Jul 30, 2026
$325,000
Initial Listing
Jul 11, 2014
$75,000
Public Record
Sep 20, 2013
$158,000
Public Record
Mar 5, 2013
$115,000
Public Record