
Sacramento, CA 95814
This 1,400 sqft condominium presents a High-Potential Investment Opportunity with a List Price of $395,000—positioned above the $383,779 Fair Market Value by -2%. Featuring a Fair Condition Rating, this property serves as a blank canvas for value-add renovations. Key features include indoor laundry and multiple private patios in a prime downtown location. While the $658 HOA fee requires consideration, the proximity to major transit and recreation supports long-term demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 200 P St #E11 Subject 2 bd · 2 ba · 1,400 sqft · $250 | $345,000* List Price | 2 | 2 | 1,400 | $250 | - |
A 200 P Street E11 Active 2 bd · 2 ba · 1,400 sqft · $314 · 0.0 mi | $440,000 List Price | 2 | 2 | 1,400 | $314 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1981 (43 years old) with no mentioned updates; the listing describes the home as a 'canvas' and 'ready for a refresh,' indicating original, outdated kitchen, baths, and systems that require a full rehab.
Situated in the heart of downtown Sacramento near Crocker Park and major transit, this property offers exceptional walkability and convenience for an active lifestyle.
At 1,400 square feet, this 2-bedroom unit features a rare indoor laundry area and multiple private outdoor patios, providing a level of space and utility often missing in downtown condos.
Positioned as a 'canvas for vision,' the property is priced to allow buyers to modernize the interior and build immediate sweat equity in a high-demand area.
The monthly HOA fee of $658 is relatively high, which increases the total monthly carrying cost and may impact the purchasing power of budget-conscious buyers.
The listing indicates the home requires a 'thoughtful refresh,' suggesting that buyers will need to budget for immediate cosmetic or functional upgrades upon purchase.
An Exceptional Downtown Opportunity! Rare 2-Bedroom, 2-Bathroom Residence! A rare offering in a coveted central location, this distinctive 2-bedroom, 2-bathroom condominium presents an exceptional opportunity to create a residence that is uniquely your own. Ideally positioned near downtown, major freeway access, Crocker Park, and Sutter Park Field, this home offers an appealing blend of convenience, lifestyle, and untapped potential. Step inside and discover a thoughtfully designed floor plan offering comfortable living spaces and an inviting sense of possibility. The residence features a generous dining area, well-positioned kitchen, and highly desirable indoor laundry, offering the everyday conveniences that make a home both comfortable and enjoyable. The home continues to impress with its covered and enclosed patio, an ideal extension of the living space that can serve as a tranquil retreat, entertaining area, or versatile year-round gathering space. The primary bedroom offers an additional touch of privacy with its private patio, creating a peaceful outdoor escape just beyond the bedroom. While this residence is ready for a thoughtful refresh, it offers an outstanding canvas for those with an appreciation for design and vision. With the right touches, this hidden gem has the potential to be transformed into a sophisticated and personalized retreat in an exceptionally convenient location. Beyond the residence itself, the location is where this property truly shines. Enjoy easy access to downtown dining, shopping, recreation, major transportation corridors, Crocker Park, and Sutter Park Field. During the warmer months, enjoy the simple pleasures of baseball games, beautiful summer evenings, and spontaneous outdoor adventures just moments from home. It's a location that makes it easy to embrace an active, connected lifestyle. Rarely does an opportunity combine a desirable 2-bedroom, 2-bathroom floor plan, multiple private outdoor spaces, indoor laundry, and such a strategically positioned location. Whether you're looking to create your ideal primary residence, a stylish second home, or an investment with tremendous potential, this is an opportunity worthy of a closer look. Bring your vision. Elevate the possibilities. Embrace the lifestyle. Make this exceptional downtown residence your own.
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades 7-8 • 2.3 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 1.8 |
| Square foot | 1,400 | 1,038.082 |
| Lot Size | - | 1,678.212 |
| Price | $345.0K | $276.4K |
| Price per sq ft | $246 | $270 |
| Built year | 1981 | 1984 |
| HOA | $658 | $420 |
| Days on market | 44 | 62 |
Oct 16, 2026
$345,000
$395,000
-13% Price Drop
Initial Listing
Sep 11, 2026
$395,000
Initial Listing