
Sacramento, CA 95828
This Value-Add Residential Asset represents a Strong Value Opportunity with a List Price of $375,000—positioned well below the $408,562 Fair Market Value by 8%. This valuation gap provides $33,562 in Instant Equity. Maintained in its Original 1980 Condition, the home offers significant renovation upside within the Elk Grove School District, located less than a quarter-mile from Florin Elementary. With a tenant providing stable income until May 2026, this is a strategic acquisition for Buy-and-Hold Investors or Fix-and-Flip Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8280 Florintown Way Subject | $375,000* List Price | 3 | 2 | 1,385 | $295 | - |
A 8282 Moorhaven Way Sold | $360,000 | 3 | 2 | 1,187 | $303 | 0.6 mi |
B 7825 Rockhurst Way Sold | $347,500 | 4 | 2 | 1,427 | $244 | 0.6 mi |
C 7633 Clement Circle Sold | $409,000 | 3 | 2 | 1,275 | $321 | 1.0 mi |
D 7825 Rockhurst Way Pending | $431,000 List Price | 4 | 2 | 1,427 | $302 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is in its original 1980 condition with no major renovations. While functional and well-maintained by a long-term tenant, the kitchen and bathrooms feature dated cabinetry, laminate countertops, and older appliances. It meets the criteria for a fair rating as it is aged but maintained, requiring cosmetic updates and modernization to meet current market standards.
The upcoming availability of the adjacent property at 8284 Florintown Way presents a rare opportunity for investors to acquire two neighboring homes simultaneously, maximizing portfolio efficiency.
Situated within the sought-after Elk Grove School District and located less than a quarter-mile from Florin Elementary, the property holds strong appeal for families prioritizing education.
Maintained in its original 1980 condition, this home serves as an ideal blank canvas for renovation, allowing a new owner to build significant equity through modernization and customization.
The property is occupied by a tenant until May 2026, which may deter owner-occupant buyers who require immediate residency or shorter escrow-to-move-in timelines.
Remaining in its original 1980 state, the home will require a substantial capital investment to update systems, fixtures, and finishes to meet contemporary market standards.
An excellent property opportunity in the Florin Community. Well-maintained three-bedroom, two-bathroom home located about 1 mile from Florin Elementary School. The property is within the Elk Grove School District. Close to Methodist Hospital, with convenient access to Highway 99. The property was built in 1980 and remains in its original condition, offering significant potential for a new owner to renovate and customize it into a dream home. The long-term tenant who has cared for the property is scheduled to move out on May 25, 2026. Additionally, this presents a unique opportunity for investors looking for stable income. The adjacent property 8284 Florintown Way will also be coming on the market shortly, providing the rare chance to acquire two neighboring homes simultaneously.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 5.2 mi
Grades 7-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 48% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,385 | 1,508 | 38% |
| Lot Size | 6,299 | 6,299 | 50% |
| Price | $375.0K | $451.0K | 22% |
| Price per sq ft | $271 | $306 | 31% |
| Built year | 1980 | 1985 | 35% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 184 | 2% |
Apr 9, 2026
$375,000
Initial Listing