517 Rimmer Avenue, Sacramento, CA 95834, Sacramento, 95834 - 2 bed, 1 bath
517 Rimmer Avenue
Sacramento, CA 95834
Property Price
SUMMARY
Analysis of 517 Rimmer Avenue, Sacramento, CA 95834 is currently available with a list price of $749,900. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1930, the property's existing structure is nearly a century old. The kitchen, as seen in the images, is in very poor condition with exposed plumbing, severely dated and worn cabinets, old appliances, and dirty surfaces, indicating a complete lack of recent renovation. The overall state suggests substantial repairs and rehabilitation are required, making it uncomfortable or unsafe to live in its current condition. The listing itself highlights the property's value is primarily in the land for redevelopment, further implying the house is not move-in ready and requires extensive work or demolition.
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 = 913.
- Development Potential
Seller has submitted plans to subdivide the 1-acre land into multiple parcels, offering significant potential for building, selling, or holding as an investment.
- Large Lot Size
A substantial 1-acre (43,560 sqft) lot provides ample space for redevelopment and multiple units, a rare find in an urban setting.
CONSRISKS & DEFICIENCIES
- Age of Existing Structure
Built in 1930, the existing single-family home is nearly a century old, likely requiring extensive renovations, system updates, or demolition for redevelopment.
- Small Existing Home Size
The current home is modest with only 913 sqft, 2 beds, and 1 bath, which may not appeal to buyers seeking a spacious family residence without redevelopment.
- Value Primarily in Land
The high list price of $749,900 is predominantly for the land's development potential, not the existing small, outdated structure, which could deter traditional home buyers.
About 517 Rimmer Avenue
Here's a slightly longer version that's still concise but adds more context and appeal: --- Rare 1-acre opportunity in 95834! Seller has submitted plans to subdivide the land into multiple parcelsideal for building, selling, or holding as investment. Property includes a single-family home and is surrounded by established commercial and residential developments. Prime location on Northgate Blvd with tons of potential for growth and income. Live onsite or redevelopyour choice!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1930
- Lot Size
- 43,560 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 16% |
| Baths | 1.0 | 3.0 | 1% |
| Square foot | 913 | 1,694 | 1% |
| Lot Size | 43,560 | 3,820 | 99% |
| Price | $749.9K | $490.0K | 97% |
| Price per sq ft | $821 | $292 | 99% |
| Built year | 1930 | 2016 | 5% |
| HOA | $0 | $72 | 28% |
| Days on market | 304 | 183 | 93% |
Pricing History
Listed for Sale
May 7, 2025
$749,900
Initial Listing
Sold
Dec 31, 2003
$195,000
Public Record