694 Eleanor Avenue, Sacramento, CA 95815, Sacramento, 95815 - 4 bed, 2 bath
ACTIVE$420,000
694 Eleanor Avenue, Sacramento, CA 95815
4Beds
2Baths
1,820Sqft
5,663Lot
Year Built
1950
Close
-
List price
$420K
Original List price
-
Price/Sqft
$231
HOA
$0
Days on market
-
Sold On
-
MLS number
225141219
Home ConditionFair
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $420.0K(38th), sqft - 1820(62th), beds - 4(50th), baths - 2(50th).
This is a great investment property located at 694-698 Eleanor Ave. At 1,820 sq ft., this duplex has 2 bedrooms and 1 bath on each side. The property has seen several updates over the last three years. Unit 694 includes kitchen cabinets, laminate flooring in the bedrooms, and a refrigerator. Additionally, a water heater has been installed, complete with a permit and inspection. Unit 698 includes carpet in the bedrooms. Both units have received a fresh coat of interior paint. This duplex represents a solid investment opportunity!
Price History
Date
Event
Price
11/05/25
Price Change
$420,000
09/21/17
Sold
$238,500
06/24/13
Sold
$145,000
12/27/12
Sold
$32,500
12/27/12
Sold
$25,500
06/16/10
Sold
$51,000
08/01/05
Sold
$317,500
10/29/03
Sold
$190,000
Condition Rating
Fair
Built in 1950, this property is significantly aged. While it has received 'several updates over the last three years' including kitchen cabinets in one unit, laminate flooring, paint, and a new water heater, these are primarily cosmetic and functional improvements for tenant readiness rather than an extensive renovation. The description lacks details on major system updates (roof, HVAC, electrical, plumbing) and makes no mention of bathroom renovations, suggesting these areas are likely original or very outdated. The exterior image supports the impression of an older, modest property. The property is maintained and livable, but its age and the limited scope of recent updates mean major components are likely outdated and will require future attention, aligning with the 'Fair' condition criteria.
Pros & Cons
Pros
Income-Generating Duplex: The property is a duplex, offering immediate income potential from two separate rental units, making it an attractive investment opportunity.
Recent Interior Updates: Significant interior updates within the last three years, including kitchen cabinets, laminate flooring, and fresh paint, enhance tenant appeal and reduce immediate renovation needs.
No Association Fees: The absence of association fees contributes to lower operating costs and maximizes potential net rental income for investors.
Demonstrated Appreciation: The property's sales history indicates substantial value appreciation from previous sales, suggesting a strong market and potential for future capital gains.
Permitted Water Heater Installation: The recent installation of a water heater with proper permits and inspection ensures compliance and reduces immediate maintenance concerns for a key utility.
Cons
Property Age: Built in 1950, the property is over 70 years old, which may lead to potential issues with aging infrastructure such as plumbing, electrical systems, or foundation.
Limited Bathroom Count: Each unit features only one bathroom, which could be a limiting factor for larger families or certain tenant demographics, potentially affecting rental demand or achievable rent.
Unspecified Major System Updates: While interior updates are noted, there is no mention of recent upgrades to major systems like the roof, HVAC, or windows, which could represent significant future capital expenditures.