7283 Florin Mall Drive 6, Sacramento, CA 95823, Sacramento, 95823 - 2 bed, 2 bath
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Sacramento, CA 95823
This Income-Generating Condominium is listed at $255,000, offering a stable acquisition for those prioritizing immediate cash flow. While the price exceeds the $213,599 Fair Market Value, the property maintains a Condition Rating of 4 and features a proven rental history with current tenants. The upper-floor unit boasts vaulted ceilings, in-unit laundry, and community amenities including a pool and spa. Located near Samuel Kennedy Elementary in the Elk Grove Unified School District, this asset is a strategic fit for Buy-and-Hold Investors or Owner-Occupants seeking a functional, low-maintenance residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7283 Florin Mall Drive 6 Subject | $255,000* List Price | 2 | 2 | 902 | $237 | - |
A 7700 La Mancha Way Pending | $210,000 List Price | 2 | 1 | 884 | $238 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1980, this condo is well-maintained and functional but shows clear signs of age. The kitchen features older white appliances and dated cabinetry, while the overall aesthetic reflects a property that has been kept up through regular maintenance rather than a comprehensive modern renovation. It meets the criteria for 'fair' as major components are functional but outdated.
The property is currently tenant-occupied with a solid rental history, offering an immediate cash-flow opportunity for investors or a stable transition for future owner-occupants.
As an upper-floor unit with vaulted ceilings and an open layout, the condo offers a bright and spacious feel that maximizes its square footage and natural light.
The inclusion of in-unit laundry, a primary en-suite bathroom, and assigned parking provides high-demand functional features that enhance both livability and rental appeal.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 902, other record living area = 678. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
The assigned middle and high schools have relatively low performance ratings, which may limit the property's appeal to families and impact long-term appreciation.
Built in 1980, the unit and community may require ongoing maintenance or capital improvements to compete with newer residential developments in the area.
Bright and well-maintained upper-floor condo featuring 2 bedrooms and 2 full baths, with a sunlit open layout, vaulted ceilings, and a private balcony. The primary suite offers an en-suite bath and ample closet space, while the second bedroom shares a stylish full bath. In-unit laundry adds convenience, and assigned parking plus guest parking makes daily living a breeze. Tenant-occupied with a solid rental history, this unit presents an attractive opportunity for investors seeking immediate cash flow or future owner-occupants after lease terms. Located in a well-managed community with desirable amenities and easy access to shopping, dining, parks, and public transit, this condo combines low-maintenance living with today's commuter-friendly location.
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades K-6 • 4.6 mi
Grades 7-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 1.0 | 67% |
| Square foot | 902 | 915 | 42% |
| Lot Size | 1,747 | - | 83% |
| Price | $255.0K | $162.5K | 75% |
| Price per sq ft | $283 | $198 | 92% |
| Built year | 1980 | 1981 | 50% |
| HOA | $355 | $386 | 25% |
| Days on market | 75 | 182 | 8% |
Feb 25, 2026
$255,000
$260,000
-2% Price Drop
Initial Listing
Feb 6, 2026
$260,000
Initial Listing
Aug 11, 2017
$79,000
Public Record
Aug 14, 1997
$7,500
Public Record