
Sacramento, CA 95821
This property presents a High-Potential Investment Opportunity with a List Price of $289,000—positioned well below the $278,907 Fair Market Value by -3%. Featuring a Condition Rating of 5, this Fixer-Upper requires significant structural rehabilitation, offering a clear path to forced appreciation. Located within one block of public transit and near Mira Loma High School, the asset provides strong rental demand potential. This is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking a value-add project in a desirable Sacramento neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3813 Watt Avenue Subject | $289,000* List Price | 3 | 2 | 1,161 | $240 | - |
A 3817 Watt Avenue Active | $250,000 List Price | 3 | 2 | 1,161 | $215 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1953 with no evidence of recent renovations. The listing explicitly states it is a fixer-upper requiring structural repairs. Visible interior damage includes missing drywall, outdated wall heating systems, and boarded-up windows, indicating a need for a full rehab.
Priced specifically as an 'Investor Special,' this property offers a significant opportunity to build equity through strategic renovations and structural improvements in a desirable neighborhood.
The home is ideally situated within one block of public transportation and in close proximity to schools and shopping, ensuring strong future resale value and rental demand.
The property is confirmed free of liens and encumbrances, providing a clear and uncomplicated path to ownership for cash buyers and developers.
The property was recently sold within the past year on 2026-05-18. The sold price is $192,000.00.
As a 'true fixer-upper' requiring structural repairs, the property demands a substantial additional investment of time and capital beyond the initial purchase price.
With only 1.5 bathrooms for a three-bedroom residence, the current layout may be less appealing to modern families unless the footprint is expanded during renovation.
Financial and Legal StatusFree of Liens and Encumbrances: The title is clean. No banks, contractors, or tax agencies are claiming ownership or demanding unpaid debts.Investor Special: The home is priced low but needs work. It is ideal for people who want to flip it or rent it out.House Condition and ValueA true Fixer-upper: The house needs repairs. Expect to fix structural parts. Build equity: You can increase the home's value by fixing it up. The money you spend on renovations should make the house worth much more than you paid for it. Layout and Features3 bedrooms, 1.5 Bathrooms: The home has three sleeping rooms. It has one full bathroom with room for tub or shower, and one half-bathroom with just a toilet and sink.Large backyard: There is plenty of outdoor space for gardening, kids, pets, or future expansions.Location BenefitsGreat location: The neighborhood is desirable, which helps the home keep its value.Close to schools and shopping: Daily errands and school commutes will be quick and easy.Public transportation within 1 block: Buses or light rail are just a short walk away, making it easy to travel without a car.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades K-6 • 4.7 mi
Grades 6-8 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,161 | 1,719 | 20% |
| Lot Size | 5,040 | 10,890 | 4% |
| Price | $289.0K | $527.0K | 2% |
| Price per sq ft | $249 | $327 | 11% |
| Built year | 1953 | 1954 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 195 | 2% |
Jun 12, 2026
$289,000
Initial Listing
May 18, 2026
$192,000
Public Record