400 Leitch Avenue, Sacramento, CA 95815, Sacramento, 95815 - 2 bed, 1 bath
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400 Leitch Avenue
Sacramento, CA 95815
ACTIVE
CONDITION: FAIR
2Beds
1Baths
798Sq Ft
5,663Lot Size
Property Price
LIST PRICE$259,000
EST. MARKET VALUE
$267,536
3% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $259,000—positioned well below the $267,537 Fair Market Value by 3%. This valuation gap offers $8,537 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home requires modernization of its vintage 1947 infrastructure. The 5,663 sqft lot and patio provide significant value-add potential. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable entry point into the Sacramento market.
Estimated Market Value
$267,536+$8,536 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Sacramento.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 400 Leitch Avenue Subject | $259,000* List Price | 2 | 1 | 798 | $335 | - |
A 2699 Grove Avenue Sold | $290,000 | 2 | 1 | 728 | $398 | 0.3 mi |
B 1013 Frienza Avenue Sold | $319,000 | 3 | 1 | 925 | $345 | 0.7 mi |
C 233 Arcade Boulevard Sold | $310,000 | 2 | 1 | 1,003 | $309 | 0.7 mi |
D 2782 Grove Avenue Active | $245,000 List Price | 2 | 1 | 780 | $314 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1947, this home is significantly dated and shows signs of deferred maintenance, such as the makeshift tarp patio cover. While it features some newer laminate flooring, the kitchen and bathroom appear to be over 20 years old and require modernization. The property is functional but needs minor repairs and aesthetic updates to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Competitive Entry-Level Pricing
Listed at $259,000, this property offers an exceptionally affordable entry point into the Sacramento real estate market, making it highly attractive for first-time buyers and investors.
- Generous Lot Size
The 5,663 square foot lot provides significant outdoor space for gardening, entertaining, or potential future expansions, which is a major asset for a home of this footprint.
- Versatile Living Configuration
The two-bedroom layout offers functional flexibility, providing dedicated space for a home office or guest room that caters well to modern lifestyle needs.
CONSRISKS & DEFICIENCIES
- Limited Interior Square Footage
With only 798 square feet of living space, the home's compact interior may feel restrictive for buyers with larger families or significant storage requirements.
- Vintage Infrastructure
Built in 1947, the property likely requires modern updates or repairs to its aging systems and finishes to meet contemporary standards and efficiency.
About 400 Leitch Avenue
Welcome to 400 Leitch Avenue, a charming 2-bedroom, 1-bathroom home in Sacramento. With a comfortable and functional layout, this inviting property is a wonderful opportunity for first-time buyers, those looking to downsize, or anyone ready to make a home their own. The two bedrooms offer flexible space for family, guests, or a home office. Outside, the generously sized backyard provides plenty of room to relax, entertain, garden, or create your own outdoor retreat. Conveniently located near everyday amenities, this home is full of potential and ready for its next chapter!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1947
- Lot Size
- 5,663 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 798 | 1,540.857 |
| Lot Size | 5,663 | 6,330.116 |
| Price | $259.0K | $508.1K |
| Price per sq ft | $325 | $333 |
| Built year | 1947 | 1975 |
| HOA | $0 | $128 |
| Days on market | 21 | 45 |
Pricing History
Listed for Sale
Aug 19, 2026
$259,000
Initial Listing
Sold
Oct 30, 2008
$56,000
Public Record
Sold
Jun 2, 2005
$250,000
Public Record
Sold
Dec 10, 1998
$64,000
Public Record