517 Rimmer Avenue, Sacramento, CA 95834, Sacramento, 95834 - 4 bed, 2 bath
Loading property details...
517 Rimmer Avenue
Sacramento, CA 95834
ACTIVE
CONDITION: EXCELLENT
4Beds
2Baths
1,100Sq Ft
43,560Lot Size
Property Price
LIST PRICE$749,900
SUMMARY
Analysis of 517 Rimmer Avenue, Sacramento, CA 95834 is currently available with a list price of $749,900. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Sacramento Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although originally built in 1930, the property has been recently remodeled with modern finishes including new LVP flooring, fresh paint, recessed lighting, and updated kitchen cabinetry, placing it in mint, move-in ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43560, living area = 1100.
- Significant Development Potential
The expansive one-acre lot offers a rare opportunity to subdivide into up to five parcels for either residential or commercial use, providing massive value-add potential for investors.
- Attractive Seller Financing
The owner is offering seller financing at a competitive 5% interest rate, which is a significant incentive in the current market to help buyers secure more favorable terms than traditional lending.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1100, other record living area = 913. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
- High Price per Square Foot
At a list price of $749,900 for only 1,100 square feet, the property carries a high cost per square foot that may be challenging for buyers not focused on the land's development value.
- Cramped Living Configuration
Fitting four bedrooms into just 1,100 square feet suggests very small individual room sizes, which may limit the home's functional appeal for traditional families.
About 517 Rimmer Avenue
JUST REMODELED. This Single Family Residence is available for rent for $2,650 per month. Tenants shall pay all utilities. 4 bed, 2 bath home. Owner is willing to provide seller financing at a 5% interest rate. The property may be subdivided into up to five parcels and offers potential for either commercial or residential development (subject to buyer verification and local approvals). Prime location near commercial development, shopping, freeways, downtown Sacramento, and the airport. Comes with 300 Sf garage that is currently rented to a business owner for storage.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1930
- Lot Size
- 43,560 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 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 | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,100 | 1,540.857 |
| Lot Size | 43,560 | 6,330.116 |
| Price | $749.9K | $508.1K |
| Price per sq ft | $682 | $333 |
| Built year | 1930 | 1975 |
| HOA | $0 | $128 |
| Days on market | 116 | 45 |
Pricing History
Listed for Sale
Jul 21, 2026
$749,900
$799,900
-6% Price Drop
Initial Listing
Price Change
May 16, 2026
$799,900
Initial Listing
Sold
Dec 31, 2003
$195,000
Public Record