200 P Street B36, Sacramento, CA 95814, Sacramento, 95814 - 3 bed, 3 bath
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Sacramento, CA 95814
This Upgraded Downtown Condominium represents a Strong Value Opportunity, listed at $609,900—positioned below the $618,462 Fair Market Value by 1%. This pricing provides $8,562 in Instant Equity for a property boasting an Excellent Condition Rating following $40,000 in recent updates, including a new HVAC system and modern stone kitchen. Featuring a rooftop deck, wooded views, and proximity to Sutter Middle School, the unit includes a secured tenant lease through August 2026. It is an ideal acquisition for Buy-and-Hold Investors or Patient Owner-Occupants seeking long-term urban appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 200 P Street B36 Subject | $609,900* List Price | 3 | 3 | 1,948 | $317 | - |
A 200 P Street B35 Active | $580,000 List Price | 3 | 3 | 1,948 | $298 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone extensive recent renovations, including over $40,000 in upgrades such as a new HVAC system and new flooring throughout. The kitchen is highly modern with premium stainless steel appliances, stone countertops, and contemporary cabinetry. The interior shows minimal physical depreciation and meets high quality standards for a move-in ready, recently updated home.
The property features over $40,000 in recent capital improvements, including a new HVAC system, updated flooring throughout, and a contemporary kitchen with stone countertops and stainless steel appliances.
Residents benefit from a robust amenity package including a pool, hot tub, tennis and pickleball courts, a gym, and the rare downtown convenience of two dedicated underground parking spaces.
Spanning nearly 2,000 square feet, the layout includes a substantial lower-level flex room ideal for a home theater, gym, or office, offering space flexibility rarely found in downtown condominiums.
The property is currently tenant-occupied with a lease extending through August 31, 2026, which prevents immediate move-in for primary residence buyers and restricts the initial market to investors.
The monthly association fee of $831 is significant and may impact the overall affordability and debt-to-income ratios for prospective purchasers.
Welcome to this stunning downtown condo in Sacramento, CA! This upgraded property features 2 bedrooms with huge lower level room which can be a den/office/theater room or gym... and 3 bathrooms, with new flooring throughout. Over $40,000 in recent updating including HVAC! Enjoy the convenience of a gated community with 2 dedicated underground parking spaces. The modern kitchen boasts stainless steel appliances and stone countertops, perfect for entertaining. With lots of natural light, this condo is located in a prime spot near downtown Sacramento and DOCO, with easy access to Interstate 5 freeway. Take advantage of the rooftop entertainment space, theater room or office space, and community amenities including a pool, hot tub, tennis and pickleball courts, clubhouse, and gym. Located near the Sacramento River, American River, and Historic Old Sacramento, this condo offers the perfect blend of luxury and convenience. Don't miss out on this opportunity to live in style in the heart of Sacramento! Property is currently occupied with tenants who have a lease through 8/31/2026.
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades 7-8 • 2.4 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 91% |
| Baths | 3.0 | 2.0 | 91% |
| Square foot | 1,948 | 1,171 | 91% |
| Lot Size | - | - | 50% |
| Price | $609.9K | $370.0K | 82% |
| Price per sq ft | $313 | $389 | 36% |
| Built year | 1981 | 1981 | 50% |
| HOA | $831 | $500 | 82% |
| Days on market | 15 | 166 | 9% |
Apr 7, 2026
$609,900
Initial Listing
Jun 8, 2020
$535,000
Public Record
Jun 5, 2009
$385,000
Public Record
May 7, 2004
$367,500
Public Record