
Sacramento, CA 95821
This property presents a High-Potential Investment Opportunity with a List Price of $250,000—positioned well below the $262,221 Fair Market Value by 4%. This valuation gap offers $12,221 in Instant Equity for buyers prepared to address the Condition Rating of 5. While the home requires a full rehab, its functional 3-bedroom layout and proximity to Mira Loma High School provide a solid foundation for value-add strategies. This is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking a project with strong upside potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3817 Watt Avenue Subject | $250,000* List Price | 3 | 2 | 1,161 | $226 | - |
A 3813 Watt Avenue Pending | $220,000 List Price | 3 | 2 | 1,161 | $189 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1953 and marketed as an 'investor special,' this property shows significant signs of neglect despite some recent budget cosmetic updates to the kitchen and flooring. The exterior windows are boarded up, there are visible holes in the interior drywall, and the listing's requirement for cash or renovation financing confirms it likely has safety or habitability defects requiring a full rehab.
Priced competitively at $250,000, this 'investor special' offers significant upside potential for a flip, rental, or long-term value-add strategy in a desirable Sacramento submarket.
The home features a practical 3-bedroom, 2-bathroom floor plan with charming elements like a brick fireplace and partial flooring updates, providing a solid foundation for renovation.
Situated with excellent proximity to shopping, dining, public transportation, and freeway access, the property ensures strong future demand from both tenants and homeowners.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5040, other record lot size in square feet = 4839.
The property was recently sold within the past year on 2026-05-19. The sold price is $205,000.00.
Sold in 'as-is' condition, the property requires substantial repairs and a creative vision to address its current state, necessitating additional capital investment beyond the purchase price.
INVESTOR SPECIAL WITH STRONG UPSIDE POTENTIAL! Welcome to 3817 Watt Ave - a value-add opportunity perfect for investors, contractors and buyers looking to bring their vision to life. Inside, you'll find a functional layout with spacious living areas, updated flooring in portions of the home, and a cozy brick fireplace that adds character and charm. With solid bones and a great foundation to build from, this property presents an excellent opportunity for a flip, rental, or long-term investment strategy. The lot offers usable outdoor space with potential for landscaping and entertaining enhancements. Conveniently located near shopping, dining, schools, public transportation, and freeway access, this property combines location and opportunity for the savvy buyer. Bring your tools, creativity, and visionthis is your chance to unlock the potential of a well-located Sacramento area property. Sold AS-IS. Cash or renovation financing preferred.
No exterior & parking available.
Grades K-5 • 1.1 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 | $250.0K | $527.0K | 2% |
| Price per sq ft | $215 | $327 | 5% |
| Built year | 1953 | 1954 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 195 | 2% |
Jun 16, 2026
$250,000
Initial Listing
May 19, 2026
$205,000
Public Record
Jan 13, 2012
$72,500
Public Record