7361 Kara Drive, Sacramento, CA 95828, Sacramento, 95828 - 3 bed, 1 bath
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Sacramento, CA 95828
This property presents a High-Potential Investment Opportunity with a List Price of $374,900—positioned well below the $361,389 Fair Market Value by 3%. Featuring a Condition Rating of 2, the home includes a newer roof, remodeled kitchen, and updated bathrooms. The expansive 11,700 sqft lot provides significant development potential for an ADU or expansion. Currently tenant-occupied, this asset offers immediate cash flow for Buy-and-Hold Investors or long-term value for Owner-Occupants willing to provide a 60-day notice for possession.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7361 Kara Drive Subject | $374,900* List Price | 3 | 1 | 864 | $418 | - |
A 6990 Chris Avenue Sold | $442,000 | 3 | 2 | 1,092 | $405 | 0.9 mi |
B 7200 Strand Street Active | $485,000 List Price | 3 | 2 | 1,177 | $412 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a comprehensive renovation approximately 4 years ago, including a remodeled kitchen, remodeled bathrooms, new tile flooring, and a newer roof, meeting the criteria for a renovation less than 5 years old.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11700, living area = 864.
The expansive 11,700 sqft usable lot offers rare upside potential for the construction of an ADU, property expansion, or extensive outdoor amenities.
With a newer roof, remodeled kitchen, and updated bathrooms all completed approximately four years ago, the property minimizes immediate maintenance requirements for a new owner.
At just 864 square feet for a three-bedroom home, the living spaces are exceptionally compact, which may limit appeal for traditional families or owner-occupants.
The requirement of a 60-day notice for tenant vacancy poses a challenge for owner-users who need immediate occupancy or have strict relocation timelines.
Rare investment opportunity with strong upside potential on a large usable lot. Large usable lot offers possible ADU, expansion, or additional outdoor use potential. Property is currently tenant occupied with reliable long term tenants, creating immediate cash flow for investors. Home has been nicely updated with a newer roof completed approximately 4 years ago, newer tile flooring, remodeled kitchen, and remodeled bathrooms completed around 4 years ago. Property also includes 2 large storage sheds in the backyard offering additional storage and functionality. Excellent opportunity for buy and hold investors, future expansion potential, or owner users looking for long term value. If owner occupancy is desired, a 60 day notice to tenant is needed.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 4% |
| Square foot | 864 | 1,507 | 1% |
| Lot Size | 11,700 | 6,203 | 94% |
| Price | $374.9K | $460.0K | 18% |
| Price per sq ft | $434 | $309 | 96% |
| Built year | 1959 | 1986 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 21 | 185 | 1% |
May 24, 2026
$374,900
Initial Listing
Apr 5, 2018
$202,000
Public Record
Dec 9, 2016
$203,000
Public Record
Jun 28, 2012
$65,500
Public Record