
Sacramento, CA 95828
This Value-Add Residential Asset represents a Prime Investment Opportunity with a List Price of $360,500—positioned well below the $374,345 Fair Market Value by 3%. This valuation gap provides $13,845 in Instant Equity. While the Condition Rating of 4 reflects an original 1980s interior, the property features a new roof, new gas HVAC system, and a private patio. Located in the Elk Grove School District near Florin Elementary, it offers significant renovation upside. 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 |
|---|---|---|---|---|---|---|
★ 8284 Florintown Way Subject | $360,500* List Price | 3 | 2 | 1,229 | $305 | - |
A 8282 Moorhaven Way Sold | $360,000 | 3 | 2 | 1,187 | $303 | 0.6 mi |
B 7633 Clement Circle Sold | $409,000 | 3 | 2 | 1,275 | $321 | 1.0 mi |
C 7928 Rockhurst Way Sold | $416,777 | 3 | 2 | 1,197 | $348 | 0.6 mi |
D 8280 Florintown Way Active | $375,000 List Price | 3 | 2 | 1,385 | $271 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1980, is described as being in original interior condition, which is evidenced by the dated 1980s-style bathroom vanity and fixtures. While it benefits from essential infrastructure updates including a new roof and a new gas HVAC system, the interior requires comprehensive cosmetic and functional modernization to meet current market expectations.
The property features a brand-new roof on the main structure and a newly installed gas HVAC system, significantly reducing immediate capital expenditure and maintenance concerns for the buyer.
Situated within the desirable Elk Grove School District and less than a mile from Florin Elementary, the home offers excellent proximity to Methodist Hospital and convenient Highway 99 access.
The availability of the adjacent property (8280 Florintown Way) provides a rare opportunity for portfolio expansion or multi-generational living, while the original interior offers a blank canvas for value-add renovation.
With a long-term tenant scheduled to remain until May 25, 2026, this property is not suitable for owner-occupants needing immediate residency, potentially limiting the buyer pool to investors.
The interior remains in its 1980s original state, requiring a comprehensive renovation to modernize the aesthetic and functional aspects of the home to meet current market standards.
An excellent property opportunity in the Florin Community. Cozy 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 has New roof on main house structure and the new gas HVAC system. The interior 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 is scheduled to move out on May 25, 2026. Additionally, the adjacent property at 8280 Florintown Way owned by the same seller is also available, providing a 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 | 47% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,229 | 1,513 | 31% |
| Lot Size | 6,299 | 6,286 | 50% |
| Price | $360.5K | $453.5K | 16% |
| Price per sq ft | $293 | $306 | 40% |
| Built year | 1980 | 1985 | 34% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 184 | 2% |
Apr 13, 2026
$360,500
Initial Listing