3838 Circle Drive, Loomis, CA 95650, Loomis, 95650 - 2 bed, 2 bath
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Loomis, CA 95650
This Dual-Unit Residential Property represents a High-Potential Investment Opportunity, listed at $685,000—positioned well below the $708,287 Fair Market Value by 3%. This valuation gap offers $23,287 in Instant Equity. Featuring a Condition Rating of 2, the home offers turnkey, updated interiors and an attached ADU on a generous 12,497 sqft lot. With its proven rental income potential and peaceful nature views, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, income-generating lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3838 Circle Drive Subject | $685,000* List Price | 2 | 2 | 2,294 | $309 | - |
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 recent renovation (likely within the last 5 years) as evidenced by the modern shaker-style kitchen cabinets, stainless steel appliances, and updated flooring. The inclusion of newer dual-pane windows and efficient mini-split HVAC systems in the ADU confirms that major systems have been modernized, making the home move-in ready with no immediate maintenance required.
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 an attached 400 sqft ADU, offering excellent flexibility for multi-generational living or high-yield rental income in a desirable area.
Both units have been recently renovated with newer flooring, countertops, cabinetry, and dual-pane windows, providing a move-in ready experience with contemporary finishes.
Despite the generous 1,900 sqft size of the main home, it only offers two bedrooms, which may restrict its appeal to larger families or traditional buyers.
Originally built in 1954, the property may require more frequent maintenance or future upgrades to core systems compared to newer builds in the Loomis market.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 23% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 2,294 | 2,294 | 50% |
| Lot Size | 12,497 | 47,045 | 33% |
| Price | $685.0K | $876.0K | 33% |
| Price per sq ft | $299 | $463 | 9% |
| Built year | 1954 | 1978 | 21% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 201 | 2% |
Jun 1, 2026
$685,000
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