3813 23rd Avenue, Sacramento, CA 95820, Sacramento, 95820 - 3 bed, 1 bath
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Sacramento, CA 95820
This Renovated Value-Add Residence is a Prime Investment Opportunity, listed at $394,000—positioned well below the $402,434 Fair Market Value by 2%. This valuation gap provides $8,434 in Instant Equity. Boasting a Condition Rating of 3, the interior features a modern granite kitchen, stainless appliances, and updated laminate flooring. The detached garage, already equipped with water lines and laundry hookups, offers significant ADU Potential for rental income or multi-generational living. This property is a strategic acquisition for first-time buyers or Owner-Occupants seeking a move-in-ready home with built-in appreciation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3813 23rd Avenue Subject | $394,000* List Price | 3 | 1 | 1,096 | $367 | - |
A 3813 25th Avenue Sold | $350,000 | 3 | 2 | 1,050 | $333 | 0.1 mi |
B 4463 El Cerrito Way Sold | $370,000 | 3 | 1 | 986 | $375 | 0.7 mi |
C 3916 38th Street Sold | $410,000 | 2 | 2 | 1,084 | $378 | 0.5 mi |
D 5100 48th Street Pending | $440,000 List Price | 3 | 2 | 1,046 | $421 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1946, the property has undergone significant interior renovations and is in move-in ready condition. The kitchen is a standout feature with modern wood cabinetry, granite countertops, a contemporary tile backsplash, and stainless steel appliances. The interior also benefits from updated laminate flooring, recessed lighting, and fresh neutral paint throughout. Although the exterior and yard are basic, the core living areas meet modern quality standards.
The detached garage is equipped with water lines and washer/dryer hookups, offering a significant opportunity to convert the space into a secondary dwelling unit for rental income or multi-generational living.
Priced competitively for the Sacramento market, this property represents an excellent value proposition for first-time buyers looking to transition from renting to homeownership.
The 6,098 sqft lot features a large backyard and newly installed gravel for easy vehicle access to the rear, providing ample space for gardening, storage, or outdoor recreation.
With three bedrooms but only one bathroom, the property may face functional challenges for larger families or buyers accustomed to modern multi-bath layouts.
Built in 1946, the home likely requires updates to its original systems and cosmetic finishes to meet contemporary standards and improve overall energy efficiency.
Best Value in Sacramento - Own for Less Than Rent + ADU Potential. This property offers a great opportunity for first-time buyers looking to start their homeownership journey. The spacious backyard provides room to relax, garden, or create your own outdoor retreat. A detached garage offers exciting potential for a future ADU perfect for extended family, a home office, or possible rental income, Water line and hooks for washer and dryer. Gravel has been installed to provide easy access to the garage and backyard. With solid potential and plenty of possibilities, this home is ready for its next owner to make it their own.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 1,096 | 1,078 | 53% |
| Lot Size | 6,098 | 5,663 | 55% |
| Price | $394.0K | $410.0K | 40% |
| Price per sq ft | $359 | $370 | 47% |
| Built year | 1946 | 1950 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 42 | 183 | 1% |
Mar 27, 2026
$394,000
$399,000
-1% Price Drop
Initial Listing
Mar 11, 2026
$399,000
Initial Listing
Dec 20, 2023
$300,000
Public Record
Dec 5, 2017
$215,000
Public Record
May 25, 2017
$312,727
Public Record