3817 Fell Street, Sacramento, CA 95838, Sacramento, 95838 - 3 bed, 1 bath
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Sacramento, CA 95838
This Value-Add Residential Asset represents a Prime Investment Opportunity listed at $359,000—positioned well below the $368,261 Fair Market Value by 2%. This valuation gap provides $9,261 in Instant Equity for the incoming owner. While currently holding a Dated Condition Rating with aging systems, the property features solid bones, a 6,098-square-foot lot, and a functional layout situated just 0.15 miles from Grant Union High School. This property is a strategic acquisition for Buy-and-Hold Investors or first-time buyers looking to build wealth through forced appreciation and cosmetic modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3817 Fell Street Subject | $359,000* List Price | 3 | 1 | 1,094 | $337 | - |
A 816 Ford Road Sold | $370,000 | 3 | 2 | 1,040 | $356 | 0.8 mi |
B 3925 Palmetto Street Sold | $366,000 | 3 | 1 | 880 | $416 | 0.6 mi |
C 3632 Presidio Street Sold | $365,000 | 3 | 2 | 1,000 | $365 | 0.9 mi |
D 1825 Roanoke Avenue Sold | $360,000 | 3 | 1 | 1,139 | $316 | 0.7 mi |
E 3905 Fell Street Pending | $350,000 List Price | 3 | 2 | 1,192 | $294 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, this 61-year-old property is dated and marketed as an investor opportunity. While the description mentions a 'trendy' kitchen countertop, the single-bathroom configuration and overall age suggest original or aging systems (HVAC/Electric). The exterior shows significant driveway cracking and older siding, indicating the home needs minor repairs and cosmetic updates to move beyond its current dated condition.
Priced competitively at $359,000, this property offers a strong entry point for first-time buyers or investors seeking a functional home with solid bones in the Sacramento market.
The property features a private backyard on a generous 6,098-square-foot lot, providing a versatile space for outdoor entertaining, gardening, or future expansion.
The home is ideally situated with easy access to major freeways and shopping, and is exceptionally close to Grant Union High School, located just 0.15 miles away.
With three bedrooms but only one bathroom, the layout may pose a challenge for larger families and could limit the property's competitive edge compared to homes with a second bath.
The majority of the immediate neighborhood schools carry lower performance ratings, which may be a significant consideration for families prioritizing high-ranking academic districts.
Opportunity knocks,great for the first time buyer or an investor. This three bedrooms one bath home offers great curb appeal, charm and functionality with solid bones.This home has just right amount of space inside and out. Kitchen features trendy counter top and breakfast nook. You will also find a private backyard ideal for relaxing and entertaining. This home is conveniently located close to school, freeway and shopping area.
No exterior & parking available.
Grades K-6 • 0.7 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 | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 26% |
| Square foot | 1,094 | 1,176.5 | 39% |
| Lot Size | 6,098 | 6,534 | 45% |
| Price | $359.0K | $381.0K | 29% |
| Price per sq ft | $328 | $331 | 48% |
| Built year | 1963 | 1969 | 48% |
| HOA | $0 | $0 | 50% |
| Days on market | 53 | 221 | 2% |
Apr 24, 2026
$359,000
Initial Listing
Nov 2, 2010
$33,000
Public Record
Jan 6, 2009
$69,000
Public Record