1342 62nd Street, Sacramento, CA 95819, Sacramento, 95819 - 2 bed, 1 bath
Loading property details...
Sacramento, CA 95819
This Value-Add Residential Asset is listed at $550,000, positioned near its $530,925 Fair Market Value. Currently maintaining a Fair Condition Rating, the 800-square-foot residence serves as a functional but dated canvas for strategic modernization and forced appreciation. The property’s core value is driven by the 4,809 sqft lot, offering substantial Expansion and ADU Potential in a supply-constrained neighborhood. Proximity to Top-Rated Caleb Greenwood Elementary and Sacramento State University supports long-term appreciation and market stability. This acquisition is ideal for Fix-and-Flip Investors or Contractors seeking a high-upside project in East Sacramento.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1342 62nd Street Subject | $550,000* List Price | 2 | 1 | 800 | $664 | - |
A 1065 48th Street Sold | $600,500 | 2 | 1 | 832 | $722 | 1.0 mi |
B 1231 Rodeo Way Sold | $588,000 | 2 | 1 | 978 | $601 | 0.7 mi |
C 58th Street Sold | $530,000 List Price | 2 | 1 | 872 | 0.4 mi | |
D 920 50th Street Sold | $579,000 | 2 | 2 | 824 | $703 | 1.0 mi |
E 1665 49th Street Active | $419,900 List Price | 1 | 1 | 562 | $747 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1950, this property is well-maintained and move-in ready but remains largely dated. While the kitchen features some updated cabinetry, it still utilizes basic white appliances, laminate countertops, and older vinyl flooring. The bathroom retains older tile work and fixtures, and the overall small footprint and simple finishes indicate the home has not undergone a comprehensive modern renovation, aligning with the 'fair' criteria for functional but outdated components.
Situated in one of Sacramento's most coveted neighborhoods, this property offers unbeatable proximity to Sacramento State University, the American River Parkway, and local landmarks like Corti Brothers.
The generous lot size provides a rare opportunity in this area for a significant home expansion, ADU addition, or a complete custom reimagining to maximize the property's value.
The residence is ideally positioned near highly-regarded educational institutions, including Caleb Greenwood Elementary and St. Francis High School, ensuring strong long-term demand.
At only 800 square feet with a 2-bedroom, 1-bathroom configuration, the current footprint is quite small and may require immediate expansion to suit modern lifestyle needs.
The property is marketed as a 'canvas for personal touch,' suggesting that the 1950s interior likely requires substantial capital investment for modern updates and repairs.
Nestled in one of East Sacramento's most desirable neighborhoods, this charming residence presents an exceptional opportunity to create something truly special. Offering 2 bedrooms and 1 bathroom, the home is rich with potential and ready for its next chapter, whether reimagined, renovated, or thoughtfully expanded. Set on a generously sized lot, the backyard provides ample space for outdoor living, entertaining, or future enhancements, allowing you to design the lifestyle you envision. Inside, the home offers a functional layout with natural light and a welcoming feel, serving as the perfect canvas for your personal touch and modern updates. Location is truly the highlight. Ideally positioned near some of the area's most sought-after amenities, you'll enjoy close proximity to top-rated schools including St. Francis High School (Private), as well as convenient access to Sacramento State University. Embrace the East Sacramento lifestyle, bike to nearby parks, explore the American River Parkway, or enjoy local favorites like Corti Brothers for specialty shopping and dining. Just minutes from downtown Sacramento, medical centers, and major commuter routes, this property combines timeless neighborhood appeal with unmatched convenience. A rare opportunity to invest in location, lifestyle, and limitless potential in the heart of East Sacramento. This is a must see!
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades K-6 • 1.3 mi
Grades K-6 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 41% |
| Baths | 1.0 | 2.0 | 36% |
| Square foot | 800 | 1,302 | 2% |
| Lot Size | 4,809 | 5,749.5 | 21% |
| Price | $550.0K | $730.0K | 11% |
| Price per sq ft | $688 | $560 | 86% |
| Built year | 1950 | 1942 | 74% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 164 | 2% |
Mar 31, 2026
$550,000
Initial Listing