
Sacramento, CA 95825
This Value-Add Condominium Asset is listed at $204,999, providing a rare 3-bedroom opportunity in the Arden area, though it currently sits above the $134,614 Fair Market Value. The property holds a Poor Condition Rating due to its dated 1970s interior and the strict requirement for Cash or Hard Money Financing. However, the unit offers a peaceful Forested Greenbelt View and a private Deck within a park-like community near Sac State. This project is a prime candidate for Fix-and-Flip Investors or Contractors prepared to execute a full renovation for maximum ROI.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1326 Oak Terrace Court 12 Subject | $204,999* List Price | 3 | 2 | 1,066 | $126 | - |
A 1039 Fulton Avenue 381 Sold | $215,000 | 2 | 1 | 1,000 | $215 | 0.4 mi |
B 2200 Woodside Lane 7 Sold | $220,000 | 2 | 2 | 1,063 | $207 | 0.9 mi |
C 2362 Alta Garden Lane B Sold | $215,000 | 2 | 2 | 1,064 | $202 | 0.6 mi |
D 2380 Alta Garden Lane A Sold | $197,900 | 2 | 2 | 1,064 | $186 | 0.6 mi |
E 1039 Fulton Avenue 381 Active | $219,999 List Price | 2 | 1 | 1,000 | $220 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
While the property features some cosmetic updates such as new laminate flooring and fresh paint in the living areas, the bathrooms remain extremely dated with original 1970s-style vanities, gold-framed shower enclosures, and aged tile. Most significantly, the listing's requirement for 'cash or hard money financing' strongly indicates that the property's condition or the complex's status does not meet the safety or habitability standards required for traditional FHA or conventional loans. The 1972 build date combined with the lack of comprehensive renovation to major systems and wet areas justifies a poor condition rating.
Priced at approximately $205,000 for a 3-bedroom unit, this property offers a rare and highly affordable entry point into the Sacramento real estate market.
Located in the desirable Arden neighborhood, the property provides excellent proximity to California State University, Sacramento, Downtown, and major retail hubs.
The unit is situated in a quiet, park-like setting with mature landscaping and ample green space, offering a peaceful residential environment.
The requirement for cash or hard money financing significantly limits the buyer pool and suggests the property may not meet traditional lending standards.
The monthly association fee of $656 is relatively high compared to the purchase price, which may impact the overall monthly budget and investment yield.
Affordable living in the heart of the desirable Arden neighborhood. This upstairs condominium is located in a quiet, park-like setting with mature landscaping and green space throughout the community. Enjoy close proximity to popular restaurants, shopping centers, gyms, and everyday conveniences, along with easy access to California State University, Sacramento and Downtown Sacramento. A wonderful opportunity for buyers looking for comfort, convenience, and value in Sacramento. Cash or hard money financing. Bathroom count differs from the county, buyer to verify.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 63% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,066 | 1,228 | 46% |
| Lot Size | 1,066 | 1,790 | 22% |
| Price | $205.0K | $272.0K | 27% |
| Price per sq ft | $192 | $266 | 10% |
| Built year | 1972 | 1976 | 17% |
| HOA | $656 | $620 | 66% |
| Days on market | 54 | 201 | 7% |
Feb 27, 2026
$204,999
Initial Listing
Apr 2, 2014
$91,500
Public Record
Sep 28, 2007
$172,000
Public Record
Mar 1, 2002
$69,500
Public Record