
Sacramento, CA 95825
This property presents a High-Potential Investment Opportunity with a List Price of $165,000—positioned well below the $169,218 Fair Market Value by 2%. This valuation gap offers $4,218 in Instant Equity for buyers prepared to manage a full gut rehabilitation. Given the Condition Rating of 5 due to fire damage and lack of electrical service, this asset requires significant capital expenditure. It is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a project with strong rental demand potential near local schools.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1326 Oak Terrace Court 15 Subject | $165,000* List Price | 3 | 1 | 1,066 | $159 | - |
A 1326 Oak Terrace Court 12 Active | $204,999 List Price | 3 | 2 | 1,066 | $192 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Property is over 50 years old and currently unlivable due to fire damage, a complete lack of electrical service, and significant structural ceiling defects that require a full gut rehabilitation.
Listed at $165,000, the property is priced well below its 2020 sale price of $202,500, offering substantial equity upside for investors or flippers after restoration.
The 3-bedroom configuration in a 1,066 sqft condominium is a desirable floor plan that appeals to both small families and the local rental market.
The property is conveniently located within walking distance (less than 0.4 miles) of both Greer Elementary and Encina Preparatory High School, enhancing its long-term residential appeal.
The property has sustained fire damage and lacks electrical service, requiring significant capital expenditure for repairs and likely limiting financing options to cash or specialized loans.
As a short sale subject to multiple lienholder approvals with potential delinquent HOA dues and title liens, the closing process is likely to be lengthy and uncertain.
Buyer acknowledges that this property is being offered as a short sale and that the sale is subject to the written approval of all lienholders and other parties whose approval may be required. Buyer is advised to conduct all investigations and due diligence deemed necessary regarding the Property, including its physical condition, water/fire-related damage, electrical service, repairs, insurability, financing eligibility, HOA documents, assessments, delinquent dues, title matters, liens, and any other conditions affecting the Property or transaction. Buyer shall rely solely on Buyer's own inspections, investigations, and professional advisers, and not on any representation by Seller or Brokers, except as expressly stated in writing. There has been no electric service at the property since the fire. HOA statement from June 2026 is in the documents for perusal.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-6 • 7.1 mi
Grades 6-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 1.0 | 1.7 |
| Square foot | 1,066 | 1,034.367 |
| Lot Size | - | 1,582.467 |
| Price | $165.0K | $279.1K |
| Price per sq ft | $155 | $273 |
| Built year | 1972 | 1987 |
| HOA | $450 | $412 |
| Days on market | 16 | 58 |
Aug 24, 2026
$165,000
Initial Listing
Nov 20, 2020
$202,500
Public Record
Sep 22, 2016
$120,000
Public Record
Jan 16, 2009
$64,500
Public Record
Feb 24, 2006
$244,000
Public Record
Mar 11, 2003
$94,000
Public Record