3838 Circle Drive, Loomis, CA 95650, Loomis, 95650 - 2 bed, 2 bath
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Loomis, CA 95650
This Dual-Income Residential Asset is a Prime Investment Opportunity, listed at $699,999—positioned well below the $719,901 Fair Market Value by 2%. This valuation gap provides $19,902 in Instant Equity for the incoming buyer. Boasting a Modernized Condition Rating, the property features a renovated main home plus a permitted 400 sqft ADU, ideal for generating rental income. Situated on a 0.28-acre lot backing to a forested greenbelt, it offers proximity to top-rated schools and downtown Loomis. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack setup.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3838 Circle Drive Subject | $699,999* List Price | 2 | 2 | 2,294 | $314 | - |
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.
Although originally built in 1954, the property has undergone an extensive and tasteful renovation within the last 5 years. The interiors feature a modern kitchen with white shaker cabinets, quartz countertops, and stainless steel appliances. The home includes updated flooring, dual-pane windows, contemporary light fixtures, and efficient mini-split heating and cooling systems, meeting the criteria for a fully modernized, move-in-ready residence with no deferred maintenance.
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 residence plus a permitted 400 sqft ADU with a private entrance, offering excellent opportunities for rental income or multi-generational living.
Both units have been tastefully updated with newer countertops, cabinets, flooring, and dual-pane windows, ensuring a move-in-ready experience for the next owner.
Despite the generous 1,900 square footage of the main home, it only offers two bedrooms, which may be a constraint for larger families seeking more sleeping quarters.
Originally built in 1954, the property may require ongoing maintenance or future upgrades to underlying systems that are typical for homes of this vintage.
Calling all investors! 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 don't come up often.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 16% |
| Baths | 2.0 | 3.0 | 44% |
| Square foot | 2,294 | 2,294 | 50% |
| Lot Size | 12,497 | 27,765 | 38% |
| Price | $700.0K | $795.0K | 38% |
| Price per sq ft | $305 | $452 | 17% |
| Built year | 1954 | 1983 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 19 | 182 | 2% |
Apr 3, 2026
$699,999
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