
Sacramento, CA 95838
This Sacramento Value-Add Residential Asset presents a strategic opportunity for buyers focused on long-term growth. Listed at $260,000, the property is positioned near its $238,184 Fair Market Value, reflecting its Condition Rating of 5 as a "light fixer." The primary appeal lies in the 6,490 sqft lot with significant ADU potential and the stability of long-term tenants already in place. Located near Grant Union High School, this property offers a clear path to appreciation through modernization and built-in equity potential. It is an ideal acquisition for Buy-and-Hold Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 820 Ford Road Subject | $260,000* List Price | 2 | 1 | 933 | $255 | - |
A 3941 Dry Creek Road Sold | $258,000 | 2 | 2 | 828 | $312 | 0.9 mi |
B 201 Graves Avenue Sold | $299,300 | 3 | 2 | 1,146 | $261 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1945 (79 years old) and explicitly described as a 'light fixer' that 'needs updating.' The bathroom is dated with visible wear, and given the age and 'fixer' status, the property likely requires significant rehabilitation of systems and cosmetics to meet modern standards.
The property features a generous 6,490 sqft lot with ample room to add an Accessory Dwelling Unit (ADU), providing a significant opportunity to increase density and overall property value.
With long-term tenants already in place, this home offers immediate cash flow for investors, minimizing the risk of vacancy and providing a stable return from day one.
Priced at $260,000 with built-in equity, this property serves as an affordable entry point into the Sacramento market for buyers looking for a 'light fixer' with high upside potential.
The home is a 1945 build that requires updating and is sold as a fixer, necessitating additional capital expenditure for renovations to meet modern living standards.
The local school district features underperforming institutions, including a middle school with a 1/10 rating, which may limit the property's appeal to families with school-aged children.
Priced to sell. 3 bedroom 1 bath house. Fully fenced yard. Its a light fixer with long term tenants in place. Needs updating. Priced accordingly. Good investment home with built in equity. Plenty of room to add an ADU. Home has lots of potential for the right buyer. Its a must see.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-6 • 0.8 mi
Grades K-6 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 23% |
| Baths | 1.0 | 2.0 | 26% |
| Square foot | 933 | 1,176.5 | 23% |
| Lot Size | 6,490 | 6,534 | 48% |
| Price | $260.0K | $381.0K | 5% |
| Price per sq ft | $279 | $331 | 26% |
| Built year | 1945 | 1969 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 42 | 221 | 2% |
May 5, 2026
$260,000
Initial Listing
Feb 18, 2022
$255,000
Public Record
Nov 1, 2013
$1,100,000
Public Record
Apr 27, 2012
$75,000
Public Record
Nov 24, 2010
$34,500
Public Record
May 23, 2001
$63,500
Public Record