
Sacramento, CA 95815
This Dual-Unit Residential Asset features two separate, fully renovated homes on one lot, listed at $530,000 with a Fair Market Value of $490,403. Boasting a Condition Rating of 2, the property includes modernized kitchens, new stainless steel appliances, and luxury vinyl plank flooring. Although the MLS reflects 1,025 SqFt, public records indicate a larger 1,548 SqFt footprint, suggesting hidden value in the total living space. This turnkey opportunity is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking a high-utility property with immediate rental income potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 702 Dixieanne Avenue Subject | $530,000* List Price | 3 | 2 | 1,025 | $478 | - |
A 2688 Del Paso Blvd Active | $395,000 List Price | 3 | 2 | 967 | $408 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1920 build year, the property has undergone extensive recent renovations to both units. The interiors feature new luxury vinyl plank flooring, fresh paint, and completely modernized kitchens with new stainless steel appliances and cabinetry. The bathrooms have been updated with contemporary fixtures and tiling. The property is in move-in-ready condition with all major cosmetic and functional interior components recently replaced, meeting the standards for a fully renovated home.
The property features two separate homes on a single lot, providing a rare opportunity for multi-generational living or a dual-stream rental income for savvy investors.
Both residences have been refreshed with modern kitchen appliances, new flooring, fresh paint, and updated bathrooms, significantly reducing immediate capital expenditure for a new owner.
Ideally located near major freeways and public transportation, this property offers high convenience for commuters and easy access to local schools and shopping centers.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1025, other record living area = 1548. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
With two dwellings situated on a modest 3,920-square-foot lot, there is very limited private outdoor space and minimal separation between the two units.
The recent history of four consecutive price reductions suggests the property has faced challenges in aligning with buyer expectations or neighborhood comps since listing.
2 houses, one lot! 702 & 716 Dixieanne Ave, offers a unique opportunity featuring two separate homes on one lot. This versatile property is ideal for investors, owner-occupants, or multi-generational living, offering the potential for multiple income steams or flexible living arrangements. Each home provides independent living space, with recently updated kitchen appliance, paint, floors and bath! Perfectly located near major freeways, schools, shopping, and public transportation, this property combines accessibility with opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 1.0 | 54% |
| Square foot | 1,025 | 1,075.5 | 44% |
| Lot Size | 3,920 | 6,970 | 10% |
| Price | $530.0K | $350.5K | 84% |
| Price per sq ft | $517 | $334 | 96% |
| Built year | 1920 | 1946 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 90 | 177 | 14% |
Feb 28, 2026
$530,000
$535,000
-1% Price Drop
Initial Listing
Feb 23, 2026
$535,000
$540,000
-1% Price Drop
Initial Listing
Feb 14, 2026
$540,000
$545,000
-1% Price Drop
Initial Listing
Feb 7, 2026
$545,000
$550,000
-1% Price Drop
Initial Listing
Jan 22, 2026
$550,000
Initial Listing
Sep 21, 2022
$463,000
Public Record
Mar 18, 2020
$358,000
Public Record
Nov 28, 2012
$35,000
Public Record
Oct 9, 2009
$27,000
Public Record
Jun 30, 2008
$220,000
Public Record
Aug 22, 2007
$160,000
Public Record