
Sacramento, CA 95823
This property presents a High-Potential Investment Opportunity with a List Price of $240,000—positioned well above the $196,137 Fair Market Value by 22%. While the property requires modernization due to its Fair Condition Rating (4/10), it offers functional vaulted ceilings, a private covered balcony, and community pool access. Given the current market valuation, this asset is best suited for Buy-and-Hold Investors or first-time buyers capable of managing the $355 monthly HOA fee while executing value-add cosmetic renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7283 Florin Mall Dr #6 Subject 2 bd · 2 ba · 902 sqft · $217 | $240,000* List Price | 2 | 2 | 902 | $217 | - |
A 27 Omaha Court Sold 3 bd · 2 ba · 1,167 sqft · $212 · 1.0 mi | $247,530 | 3 | 2 | 1,167 | $212 | 1.0 mi |
B 7283 Florin Mall Drive 6 Active 2 bd · 2 ba · 902 sqft · $269 · 0.0 mi | $242,999 List Price | 2 | 2 | 902 | $269 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1980 (44 years old), the property features dated popcorn ceilings and older bathroom vanities. While it has some cosmetic updates like newer laminate flooring and painted kitchen cabinetry, the overall age of the systems and finishes requires further modernization to meet current market standards.
Priced at $240,000, this property offers a highly accessible entry point for first-time homebuyers or investors looking for a functional 2-bedroom, 2-bathroom layout in the Sacramento market.
The upper-level unit features vaulted ceilings in both the main living area and the primary bedroom, creating an open, airy atmosphere that maximizes the 902 square feet of living space.
The inclusion of a cozy fireplace, a private covered balcony, and access to a community pool provides a balanced mix of indoor comfort and outdoor leisure options.
The property is served by schools with lower performance ratings, specifically a 2/10 for the middle school and a 4/10 for the high school, which may deter families prioritizing education.
The monthly association fee of $355 represents a significant recurring expense that impacts overall monthly affordability and may reduce the net yield for potential investors.
Perfect for investors or first-time homebuyers!!! Welcome to 7283 Florin Mall Drive #6! This inviting upper-level condo offers a comfortable, easy-living layout with vaulted ceilings that give the main living space an open and airy feel. The spacious living room features a cozy fireplace and flows into the dining area and bright kitchen with white cabinetry, generous counter space, and plenty of storage. Both bedrooms offer comfortable retreats, while the primary bedroom features vaulted ceilings and direct access to a private covered balcony, a great spot to enjoy your morning coffee or unwind at the end of the day. Residents can also enjoy the community pool during Sacramento's warmer months. Conveniently located near shopping, dining, everyday amenities, and major commuter routes, this condo offers a great opportunity for low-maintenance living. Come see the possibilities and make it yours!
No exterior & parking available.
Grades K-6 • 1.0 mi
Grades K-6 • 4.6 mi
Grades 7-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 1.8 |
| Square foot | 902 | 1,038.082 |
| Lot Size | 1,747 | 1,678.212 |
| Price | $240.0K | $276.4K |
| Price per sq ft | $266 | $270 |
| Built year | 1980 | 1984 |
| HOA | $355 | $420 |
| Days on market | 29 | 62 |
Sep 25, 2026
$240,000
Initial Listing
Sep 16, 2024
$235,000
Public Record
Nov 27, 2013
$65,000
Public Record
Sep 12, 2013
$40,000
Public Record
Jun 19, 2009
$20,000
Public Record
Mar 24, 1998
$22,000
Public Record