1019 Dornajo Way 104, Sacramento, CA 95825, Sacramento, 95825 - 1 bed, 1 bath
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Sacramento, CA 95825
This Turnkey Rental Asset is listed at $159,900, positioned near its $151,528 Fair Market Value. The property offers immediate financial stability with a Secured Lease through June 2026, ensuring consistent rental income for the next two years. Maintaining a Fair Condition Rating, the unit provides access to premium Gated Community Amenities including a pool, spa, and gym. Located within walking distance of Greer Elementary, the area supports steady long-term rental demand. This low-maintenance opportunity is ideal for Buy-and-Hold Investors or Passive Income Seekers looking for a stabilized portfolio addition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1019 Dornajo Way 104 Subject | $159,900* List Price | 1 | 1 | 688 | $220 | - |
A 953 Fulton Avenue 534 Sold | $154,500 | 1 | 1 | 624 | $248 | 0.3 mi |
B 2452 Larkspur Lane 324 Sold | $202,000 | 1 | 1 | 760 | $266 | 0.1 mi |
C 2448 Larkspur Lane 318 Sold | $183,000 | 1 | 1 | 760 | $241 | 0.1 mi |
D 901 Fulton Avenue 403 Sold | $155,000 | 1 | 1 | 642 | $241 | 0.3 mi |
E 955 Fulton Avenue 550 Sold | $133,000 | 1 | 1 | 484 | $275 | 0.3 mi |
F 1019 Dornajo Way 168 Sold | $189,000 | 1 | 1 | 725 | $261 | - |
G 1019 Dornajo Way 123 Active | $165,000 List Price | 1 | 1 | 688 | $240 | - |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1987, this property is approximately 37 years old and appears to be maintained in mostly original condition. While functional and currently occupied by a tenant, the kitchen and bathroom features, including cabinetry and appliances, show signs of being outdated and lack modern renovations. It fits the 'fair' criteria as an aged but functional home that has not undergone a major overhaul in the last 15-30 years.
The property comes with a reliable tenant already in place with a lease secured through June 30, 2026, ensuring immediate and stable rental income for the buyer.
Located in a secure gated community, the unit offers access to premium facilities including a swimming pool, hot tub, gym, and dedicated covered parking.
Priced competitively at $159,900 following a recent price reduction, this condo offers an accessible entry point into the Sacramento real estate market.
The monthly association fee of $642 is quite high relative to the purchase price, which may significantly impact the net return on investment and monthly cash flow.
Because the current lease does not expire until mid-2026, the property is not suitable for buyers looking for a primary residence in the near term, limiting the market to investors.
Excellent investment opportunity! Excellent Tenant in place with a lease to June 30, 2026. Welcome to this charming lower level condo located in a gated community in Sacramento, CA. This cozy 1 bedroom, 1 bathroom unit offers convenience and security with covered parking and access to community amenities including a pool, hot tub, and gym. Enjoy the peace of mind that comes with living in a gated community while taking advantage of the recreational facilities available to residents. Don't miss out on this opportunity to own a piece of this sought-after neighborhood. Current tenant has a lease the expires June 30, 2026.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-6 • 7.5 mi
Grades 6-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 32% |
| Baths | 1.0 | 2.0 | 37% |
| Square foot | 688 | 1,228 | 22% |
| Lot Size | - | 1,790 | 20% |
| Price | $159.9K | $272.0K | 12% |
| Price per sq ft | $232 | $266 | 24% |
| Built year | 1987 | 1976 | 83% |
| HOA | $642 | $620 | 59% |
| Days on market | 124 | 201 | 22% |
Mar 6, 2026
$159,900
$174,900
-9% Price Drop
Initial Listing
Dec 19, 2025
$174,900
Initial Listing
Sep 1, 2015
$94,000
Public Record
Dec 28, 2005
$219,000
Public Record
Dec 28, 2005
$181,000
Public Record
Nov 24, 2004
$234,500
Public Record