1148 35th Avenue, Sacramento, CA 95822, Sacramento, 95822 - 3 bed, 2 bath
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Sacramento, CA 95822
This Single Family Residence is a Strong Value Opportunity, listed at $500,000—positioned well below the $522,204 Fair Market Value by 4%. This valuation gap offers $22,204 in Instant Equity. Featuring a Condition Rating of 3, the home includes a Renovated Kitchen and Hardwood Flooring. With a rare VA loan assumption option at 2.125% and a spacious 9,148 sqft lot, this property balances financial efficiency with lifestyle appeal. It is an ideal acquisition for first-time buyers or savvy investors seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1148 35th Avenue Subject | $500,000* List Price | 3 | 2 | 1,439 | $363 | - |
A 1088 Woodshire Way Sold | $580,000 | 4 | 2 | 1,577 | $368 | 0.3 mi |
B 1430 Claremont Way Sold | $551,000 | 3 | 2 | 1,418 | $389 | 1.0 mi |
C 5716 Lonsdale Drive Sold | $599,500 | 3 | 2 | 1,704 | $352 | 0.2 mi |
D 1448 32nd Avenue Sold | $457,000 | 3 | 2 | 1,194 | $383 | 0.7 mi |
E 1630 Shirley Drive Sold | $535,000 | 3 | 1 | 1,209 | $443 | 0.9 mi |
F 5405 Dorset Way Pending | $600,000 List Price | 3 | 2 | 1,504 | $399 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1954, the property has undergone significant updates including a renovated kitchen with granite countertops and stainless steel appliances (approx. 10-15 years old). The interior features well-maintained hardwood floors, recessed lighting, and a move-in ready appearance that exceeds the 'Fair' criteria for its age.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9148, living area = 1439.
Elementary School: Crocker/Riverside Elementary School (9/10).
The property offers a rare opportunity to assume an existing VA loan at a 2.125% interest rate, providing qualified buyers with massive long-term interest savings compared to current market rates.
The immediate neighborhood schools, such as Sam Brannan Middle and John Cabrillo Elementary, carry lower performance ratings, which may impact appeal for education-focused families.
Built in 1954, the property may require more frequent maintenance or future capital improvements to aging systems compared to newer residential developments.
Welcome to 1148 35th Avenue in Sacramento! This well maintained home offers three-bedroom, two-bath living with approximately 1,439 square feet in the desirable South Land Park neighborhood. Enjoy a convenient location just minutes from Land Park, Downtown Sacramento, UC Davis Medical Center, shopping, dining, parks, schools and easy freeway access. Step inside to a light and bright interior featuring hardwood flooring throughout the main living areas, creating a warm and inviting space to relax or entertain. The functional layout offers comfortable living with plenty of natural light and a move-in ready feel. Outside, you'll find a spacious backyard with room to garden, play or simply enjoy the outdoors. A storage shed provides extra space for tools and equipment while the attached two-car garage adds everyday convenience. An added plus is the opportunity to assume the existing VA loan with an incredible 2.125% interest rate for qualified buyers, subject to lender approval and eligibility. Whether you're a first-time buyer, looking to downsize or searching for your next investment, this well maintained home is ready for its next owner. Come see everything 1148 35th Avenue has to offer!
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.9 mi
Grades K-6 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,439 | - |
| Lot Size | 9,148 | - |
| Price | $500.0K | $505.7K |
| Price per sq ft | $347 | $341 |
| Built year | 1954 | 0 |
| HOA | $0 | $0 |
| Days on market | 29 | 42 |
Jun 23, 2026
$500,000
Initial Listing
Dec 19, 2017
$395,000
Public Record