1465 Mathews Way, Sacramento, CA 95822, Sacramento, 95822 - 3 bed, 2 bath
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Sacramento, CA 95822
This property presents a High-Potential Investment Opportunity with a List Price of $365,900—positioned well below the $354,775 Fair Market Value by -3%. While the home maintains a Fair Condition Rating (4/10) and requires modernization, the 6,534 square foot lot and prime commuter location near I-5 and Hwy 99 provide a solid foundation for value-add projects. With its entry-level price point in the established Cabrillo Park neighborhood, this asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build long-term equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1465 Mathews Way Subject | $365,900* List Price | 3 | 2 | 1,029 | $345 | - |
A 7495 21st Street Sold | $390,000 | 3 | 2 | 1,008 | $387 | 0.7 mi |
B 1406 64th Avenue Sold | $315,500 | 3 | 2 | 1,152 | $274 | 0.2 mi |
C 7330 Tamoshanter Way Sold | $330,000 | 2 | 2 | 1,098 | $301 | 0.9 mi |
D 1500 Florin Rd Sold | $425,000 | 4 | 2 | 1,212 | $351 | 0.4 mi |
E 7350 21st Street Sold | $405,000 | 3 | 2 | 1,189 | $341 | 0.6 mi |
F 2119 57th Avenue Sold | $465,000 | 3 | 2 | 1,298 | $358 | 1.0 mi |
G 7550 21st Street Active | $420,000 List Price | 3 | 2 | 1,018 | $413 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1957 (67 years old) with no mention of recent renovations, the property is significantly dated. The presence of window AC units indicates a lack of modern central HVAC, and the exterior shows older electrical systems. The description's focus on 'potential to personalize' and 'affordable' suggests the kitchen and bathrooms are likely original or over 20 years old, requiring updates.
Elementary School: Crocker/Riverside Elementary School (9/10).
The property is ideally situated with quick access to Interstate 5 and Highway 99, placing the dining and entertainment of Downtown and Midtown Sacramento just 15 minutes away.
Priced under $370,000 in the established Cabrillo Park area, this home offers a rare and accessible opportunity for first-time buyers and investors to enter the Sacramento market.
At just 1,029 square feet for a 3-bedroom layout, the individual rooms and common areas may feel restrictive for families or those accustomed to more modern, spacious floor plans.
The majority of the closest assigned public schools carry low ratings (2-3 out of 10), which may be a concern for families prioritizing educational performance and could impact future appreciation.
Welcome to this charming and affordable 3-bedroom, 1.5-bath home located in the established Cabrillo Park neighborhood, just south of desirable South Land Park. Offering 1,029 square feet of comfortable living space, this property presents an excellent opportunity for first-time homebuyers, investors, or anyone looking to downsize without sacrificing convenience. Step inside to find a functional floor plan filled with natural light, spacious living areas, and comfortable bedrooms designed for everyday living. The home offers endless potential to personalize and make your own while providing a solid foundation for long-term value. Conveniently situated near schools, parks, shopping centers, grocery stores, and a wide variety of restaurants, you'll enjoy having everything you need just minutes from your doorstep. Commuters will appreciate the quick access to Interstate 5 and Highway 99, making travel throughout the Sacramento region simple and efficient. Downtown Sacramento and Midtown's vibrant dining, entertainment, and nightlife scene are only about 15 minutes away. Whether you're searching for the perfect starter home, a smart investment property, or an affordable place to call home, this Cabrillo Park gem offers location, value, and opportunity. Don't miss your chance to own a home in one of Sacramento's most convenient and established neighborhoods.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.4 mi
Grades K-6 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,029 | - |
| Lot Size | 6,534 | - |
| Price | $365.9K | $505.7K |
| Price per sq ft | $356 | $341 |
| Built year | 1957 | 0 |
| HOA | $0 | $0 |
| Days on market | 28 | 42 |
Jun 24, 2026
$365,900
Initial Listing
Jun 20, 2014
$161,000
Public Record