3838 Circle Drive, Loomis, CA 95650, Loomis, 95650 - 2 bed, 2 bath
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Loomis, CA 95650
This Dual-Unit Residential Asset is a Prime Investment Opportunity, listed at $650,000—positioned well below the $675,859 Fair Market Value by 3%. This valuation gap offers $25,859 in Instant Equity. Featuring a Mint Condition Rating with recent modern updates, the property includes a 1,900 sqft main home and a 400 sqft ADU. With a large 12,497 sqft lot backing to nature, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking income-generating potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3838 Circle Drive Subject | $650,000* List Price | 2 | 2 | 2,294 | $295 | - |
A 4051 Pauline Circle Pending | $725,000 List Price | 4 | 3 | 2,046 | $354 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1954, the property has undergone a comprehensive renovation within the last 5 years. The interior features a modern kitchen with white shaker cabinets, stone countertops, and stainless steel appliances. Systems have been upgraded with dual-pane windows and efficient mini-split HVAC units, and the flooring and paint are fresh throughout, meeting the criteria for mint condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12497, living area = 2294.
The property features a main 1,900 sqft home plus a 400 sqft attached ADU, providing a rare opportunity for rental income or a turnkey multi-generational living setup.
Both units have been recently updated with newer flooring, countertops, cabinets, and dual-pane windows, significantly reducing immediate capital expenditure for the buyer.
Despite the generous 2,294 total square footage, the main residence only offers two bedrooms, which may limit appeal for larger families requiring more private sleeping quarters.
Originally built in 1954, the property may have underlying utility systems or structural elements that reflect its age, potentially requiring more maintenance than a modern build.
Two Living Units for One Great Price! Incredible opportunity for a rental or multi-generational setup right in the heart of Loomis close to Downtown. The main home offers approximately 1,900 square feet with 2 bedrooms and 2 full bathrooms, plus an attached ADU with its own private entrance a studio of about 400 square feet. Perfect for investors looking to generate income, buyers wanting to live in one and rent the other or anyone needing space for multi-generational living. Both units have been recently updated allowing for proven strong rental income. The main and attached ADU home has been tastefully updated with newer countertops, cabinets, flooring, appliances and dual pane windows. The ADU has been features newer bath & kitchen remodel, vanity and efficient mini-split heating & cooling truly move-in ready. The property backs to peaceful nature to enjoy while relaxing on your back porch. Large lot with a long flat driveway with plenty parking, large shed for additional storage and a spacious backyard perfect for entertaining. All of this just minutes from downtown Loomis, great restaurants, shopping, top-rated schools and more. Opportunities like this in Loomis do not come up often!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,294 | - |
| Lot Size | 12,497 | - |
| Price | $650.0K | $818.7K |
| Price per sq ft | $283 | $472 |
| Built year | 1954 | 0 |
| HOA | $0 | $0 |
| Days on market | 11 | 49 |
Jul 11, 2026
$650,000
Initial Listing
May 31, 2023
$615,000
Public Record
Jan 26, 2022
$445,000
Public Record
Sep 8, 2016
$362,500
Public Record
Jun 29, 2009
$227,000
Public Record
Nov 21, 2008
$224,000
Public Record