
Sacramento, CA 95815
This property presents a High-Potential Investment Opportunity with a List Price of $375,000—positioned well above the $340,624 Fair Market Value by -10%. Featuring a Fair Condition Rating, the asset offers significant value-add potential through the conversion of the detached garage into an ADU, supported by existing utility hookups. While the property requires modernization and resolution of bedroom count discrepancies, the inclusion of a $17,500 first-time homebuyer grant enhances accessibility. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 566 Calvados Avenue Subject | $370,000* List Price | 3 | 5 | 933 | $361 | - |
A 2784 Grove Avenue Active | $265,000 List Price | 2 | 1 | 935 | $283 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the exterior shows some updates like dual-pane windows and newer stucco, the 1920 build date and description targeting investors suggest the interior and systems are dated. The detached garage requires a full remodel to become an ADU, and discrepancies in the room count indicate the property needs minor repairs and modernization to be fully functional.
The availability of a $17,500 first-time homebuyer grant provides a substantial financial advantage, making homeownership more accessible by reducing out-of-pocket costs.
The detached garage already includes a toilet hookup, offering a streamlined and cost-effective opportunity to create an Accessory Dwelling Unit for rental income or multi-generational living.
With its entry-level price point and value-add potential through remodeling, the property is well-positioned to appeal to both budget-conscious primary residents and fix-and-flip investors.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The discrepancy between the physical bedroom/bathroom count and county records may lead to complications during the appraisal process and challenges securing traditional financing.
At just 933 square feet for a three-bedroom configuration, the interior layout may feel cramped and lack the functional flow expected in modern residential designs.
Great home for 1st time home buyer or Investors! The detached garage can be an ADU. Already has a toilet hook up and ready to be remodeled. This home qualifies for 1st time homebuyers grant. Offering $17,500 in free grant money. The number of bedrooms and baths differs from county website buyer to verify.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 51% |
| Baths | 5.0 | 1.0 | 97% |
| Square foot | 933 | 1,020 | 40% |
| Lot Size | 3,049 | 6,098 | 6% |
| Price | $370.0K | $335.0K | 66% |
| Price per sq ft | $397 | $347 | 74% |
| Built year | 1920 | 1948 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 195 | 3% |
May 31, 2026
$370,000
$375,000
-1% Price Drop
Initial Listing
May 13, 2026
$375,000
Initial Listing
Jun 13, 2013
$20,000
Public Record