
Sacramento, CA 95838
This Renovated Residential Income Property is a Prime Investment Opportunity listed at $345,000—positioned well below the $362,265 Fair Market Value by 4%. This valuation gap offers $17,265 in Instant Equity. Boasting a Move-In Ready Condition Rating, the home features a 2025 Roof, newer HVAC, and a Detached Converted Garage with alley access. Currently tenant-occupied with a five-year history, it offers immediate cash flow near Grant Union High School. This is an optimal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-utility asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3813 Fig Street Subject | $345,000* List Price | 4 | 2 | 1,116 | $325 | - |
A 1336 Stephanie Avenue Sold | $377,000 | 3 | 2 | 1,008 | $374 | 0.3 mi |
B 3705 Haywood Street Sold | $390,000 | 4 | 2 | 1,260 | $310 | 0.5 mi |
C 1825 Roanoke Avenue Sold | $360,000 | 3 | 1 | 1,139 | $316 | 0.5 mi |
D 3620 W Natoma Way Sold | $310,000 | 4 | 2 | 1,218 | $255 | 0.6 mi |
E 3809 Belden Street Sold | $400,000 | 3 | 2 | 1,217 | $329 | 0.5 mi |
F 3611 Jasmine Street Active | $299,999 List Price | 4 | 1 | 1,024 | $293 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition and has undergone significant recent capital improvements, including a brand-new roof installed in 2025 and newer HVAC and water heater systems. The interior features a full renovation from approximately five years ago with updated laminate flooring, a remodeled kitchen equipped with stainless steel appliances and granite countertops, and modernized bathrooms. While the 1965 build and rental-grade finishes prevent an 'excellent' rating, the home is well-maintained with no immediate maintenance required.
The property features significant recent capital improvements including a newer roof (2025), HVAC system, water heater, and a fully remodeled kitchen and bathrooms, minimizing immediate maintenance needs.
Currently operating as a high-yield residential income property with reliable tenants of five years who wish to stay, offering immediate cash flow for savvy investors.
The property includes a detached converted garage for extra living space, convenient alley access, RV parking, and a spacious backyard secured by a newer gate and fence.
With four bedrooms and two baths packed into just 1,116 square feet, the individual room sizes and common living areas may feel significantly cramped.
The property is served by several schools with low performance ratings, which could limit its appeal to owner-occupant families and impact long-term appreciation.
Investment opportunity! Completely renovated property with a competitive price! This property is being used as a residential income property and generates a significantly higher rent. The property is tenant-occupied by residents who have lived there for the past five years and would like to continue to stay. Property was fully upgraded before they moved in. Newer Roof was installed in 2025. Disclosures are in the MLS. Featuring 4 bedrooms, 2 full baths, a detached converted garage, which has been remodeled into an extra room in the back with Alley access, RV parking. This home comes with newer HVAC, newer water heater, updated laminate floors, newer appliances, a remodeled kitchen, updated bathrooms and much more. Don't miss out on this upgraded home with spacious backyard, newer security gate and newer fence. Conveniently located near freeways, schools, dining options, parks, and just a short drive from Downtown Sacramento. North Sacramento is experiencing significant growth, making this a fantastic investment opportunity. Act quickly, as this gem is sure to sell fast.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-6 • 0.9 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 | 2.0 | 2.0 | 50% |
| Square foot | 1,116 | 1,208.5 | 37% |
| Lot Size | 6,098 | 6,098 | 50% |
| Price | $345.0K | $386.0K | 29% |
| Price per sq ft | $309 | $324 | 38% |
| Built year | 1965 | 1963 | 51% |
| HOA | $0 | $0 | 50% |
| Days on market | 47 | 190 | 1% |
Mar 6, 2026
$345,000
Initial Listing
Oct 30, 2019
$170,000
Public Record
Jul 3, 2008
$61,000
Public Record