1335 38th Street, Sacramento, CA 95816, Sacramento, 95816 - 4 bed, 4 bath
1335 38th Street
Sacramento, CA 95816
Property Price
SUMMARY
Analysis of 1335 38th Street, Sacramento, CA 95816 reveals a Fairly Priced Property with a current list price of $2,895,000 aligned with the estimated $2,904,139 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Sacramento Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1335 38th Street Subject | $2,895,000* List Price | 4 | 4 | 3,350 | $867 | - |
A 1348 38th Street Sold | $2,470,000 | 4 | 4 | 2,804 | $881 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is in move-in ready condition, benefiting from an extensive renovation in 2006 and recent maintenance updates. The kitchen features high-end Viking stainless-steel appliances and granite countertops, which, while approximately 18 years old, represent premium quality. The inclusion of fresh interior and exterior paint, a newly remodeled pool and spa, and well-maintained systems like dual HVAC and a finished basement align with the 'Good' criteria. It falls short of 'Excellent' only because the primary structural and aesthetic renovation exceeds the 5-year threshold for that category.
PROSSTRENGTHS & OPPORTUNITIES
- Premium Renovations & Finishes
Extensively updated in 2006, the home features high-end custom finishes, Viking appliances, and refined architectural details like coffered ceilings and crown moldings that blend modern luxury with historic charm.
- Expansive Outdoor Oasis
Situated on a rare 12,000 sq. ft. lot, the property boasts a newly remodeled pool and spa, stone balconies, and a covered patio, providing an exceptional environment for outdoor entertaining.
- Versatile & Luxurious Layout
The 3,350 sq. ft. floor plan includes a primary suite with 13-foot ceilings, a finished basement with wine storage, and four full bathrooms, offering a level of space and utility rarely found in this neighborhood.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3350, other record living area = 3187.
- Premium Market Pricing
Listed at nearly $2.9 million, the property is positioned at the top of the East Sacramento market, which may limit the pool of qualified buyers compared to more moderately priced homes in the area.
- Historic Structure Maintenance
Despite the 2006 renovation, the 1922 Mediterranean-style structure may require more frequent and specialized maintenance than a newer build to preserve its architectural integrity.
About 1335 38th Street
This Mediterranean-style residence, extensively renovated in 2006, features custom finishes and refined architectural details throughout. Step inside to find gleaming hardwood floors, exquisite crown moldings throughout, and three inviting fireplaces. The gourmet kitchen is a chef's dream, featuring Viking stainless-steel appliances, porcelain tile flooring, granite countertops, custom stone backsplashes, and two spacious pantries. This two-story home offers 3,350 sq. ft of elegant living space with four bedrooms, four bathrooms and three fireplaces. The sunny family room has coffered ceilings and French doors that open to the back patio, pool/spa, and yard. Relax in the luxurious primary suite with 13-foot ceilings, a gas fireplace, and his and her walk-in closets. The spa-like bathroom features custom stone tiles and a jacuzzi tub. Don't miss the convenience of a separate laundry room, an attached garage, and a finished basement complete with a wine storage area. Relax or entertain on two stone balconies overlooking the big 12,000 sq. ft.backyard and newly remodeled pool and spa. The covered back patio is perfect for gatherings, while the full-house speaker system sets the mood throughout. Added highlights include two HVAC systems, and fresh interior/exterior a paint.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1922
- Lot Size
- 12,001 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 78% |
| Baths | 4.0 | 2.0 | 90% |
| Square foot | 3,350 | 1,489.5 | 98% |
| Lot Size | 12,001 | 3,948.5 | 98% |
| Price | $2.90M | $695.0K | 98% |
| Price per sq ft | $864 | $507 | 95% |
| Built year | 1922 | 1926 | 35% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 171 | 3% |
Pricing History
Listed for Sale
Mar 1, 2026
$2,895,000
Initial Listing
Sold
Aug 23, 2013
$1,405,000
Public Record