517 Rimmer Avenue, Sacramento, CA 95834, Sacramento, 95834 - 2 bed, 1 bath
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Sacramento, CA 95834
Analysis of 517 Rimmer Avenue, Sacramento, CA 95834 is currently available with a list price of $799,900. 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.
Property is new construction or fully renovated.
While originally built in 1930, the property has undergone a complete modern remodel within the last 5 years. Interior images show mint condition finishes including new LVP flooring, recessed lighting, updated kitchen cabinetry with butcher block counters, and new HVAC vents, requiring no immediate maintenance.
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 = 913.
The rare 1-acre lot includes proposed plans to split the parcel into four separate lots, offering substantial value-add opportunities for investors and builders.
Ideally situated with easy access to downtown Sacramento, the airport, and major freeways, making it a highly desirable location for future residential development.
At nearly $800,000 for a 913-square-foot primary residence, the value is heavily weighted on land potential, which may deter traditional single-family homebuyers.
Realizing the property's full potential requires navigating the lot-split process and local zoning regulations, which can involve significant time and additional capital investment.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 12% |
| Baths | 1.0 | 3.0 | 1% |
| Square foot | 913 | 1,510 | 1% |
| Lot Size | 43,560 | 4,042 | 99% |
| Price | $799.9K | $475.0K | 99% |
| Price per sq ft | $876 | $299 | 99% |
| Built year | 1930 | 2007 | 6% |
| HOA | $0 | $44 | 39% |
| Days on market | 29 | 205 | 1% |
May 16, 2026
$799,900
Initial Listing
Dec 31, 2003
$195,000
Public Record