115 La Fresa Ct #1, Sacramento, CA 95823, Sacramento, 95823 - 2 bed, 1 bath
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115 La Fresa Ct #1
Sacramento, CA 95823
ACTIVE
CONDITION: FAIR
2Beds
1Baths
795Sq Ft
0Lot Size
Property Price
LIST PRICE$135,000
EST. MARKET VALUE
$136,663
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $135,000—positioned well below the $136,663 Fair Market Value by 1%. This valuation gap offers $1,663 in Instant Equity for buyers prepared to address the Condition Rating of 4. The single-story, ground-level layout provides a functional foundation for cosmetic modernization. While the monthly association fee requires careful underwriting, this asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an entry-level project in Sacramento.
Estimated Market Value
$136,663
Based on Realkey algorithm analyzing recent comparable sales in Sacramento.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 115 La Fresa Ct #1 Subject 2 bd · 1 ba · 795 sqft · $172 | $135,000* List Price | 2 | 1 | 795 | $172 | - |
A 7328 Franklin Boulevard 4 Active 2 bd · 1 ba · 924 sqft · $179 · 0.0 mi | $165,000 List Price | 2 | 1 | 924 | $179 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1970, this 54-year-old property features a dated kitchen with older oak-style cabinetry, laminate countertops, and white electric appliances likely exceeding 20 years in age. The presence of popcorn ceilings and the listing's emphasis on 'bringing vision' and 'thoughtful updates' confirm the home is functional but requires significant cosmetic modernization and potential system oversight.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Affordability
Priced at $135,000, this property offers a rare entry-level opportunity in the Sacramento market, making it highly attractive for budget-conscious first-time buyers or investors.
- Single-Level Accessibility
The ground-floor, single-story unit provides ease of access and eliminates the need for stairs, a highly desirable feature for long-term aging-in-place or tenants with mobility preferences.
- Equity Growth Potential
The functional floor plan and open kitchen layout serve as an ideal canvas for cosmetic renovations, allowing a buyer to build immediate sweat equity through modernization.
CONSRISKS & DEFICIENCIES
- Renovation Requirements
The listing indicates the property needs significant personal touches and updates, suggesting that immediate additional capital will be required to bring the unit to modern living standards.
- High Monthly Carrying Costs
The $395 monthly association fee is substantial relative to the low purchase price, which may impact the overall affordability and net cash flow for potential investors.
About 115 La Fresa Ct #1
An excellent opportunity to bring your vision to life! This single-story, ground-level unit offers a functional floor plan with a spacious living area, abundant natural light, and a kitchen that opens to the main living space. With convenient access and the ease of single-level living, this property provides a great foundation for thoughtful updates and personal touches. Whether you're looking for a place to call home or an investment opportunity, this is a chance to create something special at an attractive price point. Bring your creativity and imagine the possibilities!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1970
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $395 / Month
Neighborhood Insights
Sacramento Unified Schools
Parkway Elementary School
Grades K-6 • 0.4 mi
3/10
Charles E. Mack Elementary School
Grades K-6 • 0.8 mi
3/10
Cesar Chavez Intermediate School
Grades 4-6 • 0.8 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 1.8 |
| Square foot | 795 | 1,038.082 |
| Lot Size | - | 1,678.212 |
| Price | $135.0K | $276.4K |
| Price per sq ft | $170 | $270 |
| Built year | 1970 | 1984 |
| HOA | $395 | $420 |
| Days on market | 3 | 62 |
Pricing History
Listed for Sale
Oct 21, 2026
$135,000
Initial Listing
Sold
Nov 30, 2006
$120,000
Public Record
Sold
May 5, 2004
$60,000
Public Record
Sold
Mar 19, 2001
$105,000
Public Record
Sold
Aug 25, 1999
$19,000
Public Record
Sold
Apr 19, 1999
$6,000
Public Record