627 Alamos Avenue, Sacramento, CA 95815, Sacramento, 95815 - 2 bed, 1 bath
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Sacramento, CA 95815
This Value-Add Residential Asset represents a High-Potential Investment Opportunity with a List Price of $300,000—positioned well below the $314,084 Fair Market Value by 4%. This valuation gap offers $14,084 in Instant Equity for buyers prepared to remediate a Condition Rating of 5. Featuring a 1,380-square-foot layout with a private pool and potential for a third bedroom conversion, the property provides substantial forced appreciation potential through full modernization. This is a strategic acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 627 Alamos Avenue Subject | $300,000* List Price | 2 | 1 | 1,380 | $228 | - |
A 273 arcade blvd Sold | $244,000 | 3 | 1 | 1,175 | $208 | 0.5 mi |
B 2238 Fernley Avenue Sold | $255,000 | 2 | 1 | 1,071 | $238 | 1.0 mi |
C 477 Lampasas Avenue Pending | $230,000 List Price | 2 | 1 | 1,242 | $185 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1951 with no evidence of modern renovations. The kitchen and bathroom feature original or extremely dated mid-century finishes (pink tile, old cabinetry, linoleum). Visible maintenance and safety concerns include a stagnant green pool and potential water staining on the bedroom ceiling, indicating the property requires a full rehab.
The property features a private backyard equipped with a swimming pool, lawn space, and an enclosed patio, providing significant recreational value rarely found at this price point.
At 1,380 square feet, the home offers a spacious layout including a large living room with a picture window and a dedicated interior laundry room, offering more functional square footage than typical two-bedroom homes.
Priced competitively at $300,000 with a flexible floor plan that could potentially be converted into a three-bedroom residence, this property presents an excellent opportunity for equity growth through modernization.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
The local school ratings are relatively low, with the assigned middle school rated a 1 out of 10, which may impact long-term resale value and appeal to families.
Built in 1951 and marketed as having 'tons of potential,' the home likely requires significant updates to its original systems and finishes to meet modern buyer expectations.
Welcome to 627 Alamos Ave, a 2 bedroom (possibly 3) 1 bathroom home with approximately 1,380 square feet of living space. From the moment you walk in, you'll be greeted by a large living room and a generous picture window that fills the space with light. The kitchen offers a cozy breakfast nook, a convenient dining bar, and ample cabinet storage space. Step outside, and you'll discover a backyard with a pool, lawn space, and extra storage space for your needs. Don't overlook the enclosed patio and the interior laundry room-thoughtful features that make everyday living a breeze. Conveniently located nearby Altos community garden, a bike trail, and Las Palmas Elementary School. This home has tons of potential!
No exterior & parking available.
Grades 3-6 • 0.1 mi
Grades K-2 • 0.2 mi
Grades K-6 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 1,380 | 1,071 | 84% |
| Lot Size | 6,098 | 6,098 | 50% |
| Price | $300.0K | $330.0K | 35% |
| Price per sq ft | $217 | $326 | 6% |
| Built year | 1951 | 1948 | 65% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 188 | 3% |
May 1, 2026
$300,000
Initial Listing