
Sacramento, CA 95821
This property presents a High-Potential Investment Opportunity with a List Price of $250,000—positioned well below the $262,328 Fair Market Value by 4%. This valuation gap offers $12,328 in Instant Equity for buyers prepared to address the Condition Rating of 5. Featuring a functional 3-bedroom layout, the asset requires significant renovation to unlock its full rental or resale potential. Located near Mira Loma High School, this is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking a value-add project.
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,' the property features boarded-up windows and visible interior damage such as holes in the drywall. While there are partial updates to the kitchen cabinets and flooring, the 'As-Is' sale status and the need for renovation financing indicate the home requires a significant rehab to address safety and deferred maintenance issues.
Priced attractively at $250,000, this property offers an excellent value-add opportunity with significant upside potential for a flip, rental, or long-term investment strategy.
Features a highly functional 3-bedroom, 2-bathroom layout with a solid foundation, partial flooring updates, and a charming brick fireplace that adds character.
Centrally located in Sacramento with quick access to freeways, public transit, shopping, dining, and within close proximity to Mira Loma High School.
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.
The property is sold strictly in as-is condition and requires cash or renovation financing, indicating a need for immediate capital and extensive repairs.
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 vision- this 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 |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,161 | - |
| Lot Size | 5,040 | - |
| Price | $250.0K | $505.7K |
| Price per sq ft | $215 | $341 |
| Built year | 1953 | 0 |
| HOA | $0 | $0 |
| Days on market | 29 | 42 |
Jun 23, 2026
$250,000
Initial Listing
May 19, 2026
$205,000
Public Record
Jan 13, 2012
$72,500
Public Record