2040 Verano St, Sacramento, CA 95838, Sacramento, 95838 - 3 bed, 1 bath
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2040 Verano St
Sacramento, CA 95838
ACTIVE
CONDITION: POOR
3Beds
1Baths
1,185Sq Ft
6,098Lot Size
Property Price
LIST PRICE$265,000
EST. MARKET VALUE
$267,335
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $299,000—positioned well below the $279,260 Fair Market Value by 7%. Featuring a Condition Rating of 5, this asset requires a full interior rehabilitation, though the new roof and vinyl dual-pane windows mitigate major capital expenditures. The 0.14-acre lot and attached garage provide a solid foundation for value-add renovations. This is a high-potential acquisition ideal for Fix-and-Flip Investors or Contractors seeking to unlock significant equity in an established neighborhood.
Estimated Market Value
$267,335
Based on Realkey algorithm analyzing recent comparable sales in Sacramento.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2040 Verano St Subject 3 bd · 1 ba · 1,185 sqft · $226 | $265,000* List Price | 3 | 1 | 1,185 | $226 | - |
A 3744 KERN Street Sold 2 bd · 1 ba · 1,125 sqft · $267 · 0.5 mi | $300,000 | 2 | 1 | 1,125 | $267 | 0.5 mi |
B 2372 North Avenue Sold 3 bd · 2 ba · 1,202 sqft · $242 · 0.7 mi | $291,000 | 3 | 2 | 1,202 | $242 | 0.7 mi |
C 2225 Grand Ave Sold 4 bd · 2 ba · 1,042 sqft · $240 · 0.4 mi | $250,000 | 4 | 2 | 1,042 | $240 | 0.4 mi |
D 3424 Christie Court Sold 3 bd · 1 ba · 1,112 sqft · $229 · 0.5 mi | $255,000 | 3 | 1 | 1,112 | $229 | 0.5 mi |
E 3836 Lily Street Pending 3 bd · 1 ba · 1,157 sqft · $194 · 0.5 mi | $225,000 List Price | 3 | 1 | 1,157 | $194 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1946 and explicitly marketed as a 'fixer opportunity,' this property requires a full interior rehab. While the roof and windows are updated, the interior shows significant wear including stained/damaged hardwood floors, missing baseboards, a dated kitchen, and a bathroom with visible wall damage. The use of a wall heater suggests older mechanical systems.
PROSSTRENGTHS & OPPORTUNITIES
- Significant Equity Potential
Priced at $299,000 with a nearby comparable sale at $425,000, this property offers a substantial value-add opportunity for investors or renovators to build immediate equity.
- Key Exterior Upgrades
The home features a brand-new roof and updated vinyl dual-pane windows, addressing two of the most expensive capital improvement items for a fixer-upper.
- Functional Lot and Layout
Situated on a generous 0.14-acre lot, the property includes a 1-car attached garage, a charming front porch, and a spacious backyard, providing a solid foundation for a family home.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1185, other record living area = 861. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Extensive Renovation Needed
As a designated fixer opportunity, the property requires significant interior updates and vision to bring it to modern living standards and full market value.
- Limited Bathroom Count
The 3-bedroom layout is served by only one bathroom, which may limit its appeal to larger families and could be a drawback for resale compared to homes with a second bath.
About 2040 Verano St
FIXER OPPORTUNITY IN AN ESTABLISHED SACRAMENTO NEIGHBORHOOD. This 3-bed, 1-bath home on a .14-acre lot offers an opportunity to update, improve, and add value. Features include new roofing, a large front yard, charming front porch, spacious rooms, vinyl dual pane windows, a desirable backyard, and a 1-car attached garage. This property is ready for someone to bring their vision and unlock its potential. Available now! For reference, 2174 Verano Way closed September 2026 for $425K!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1946
- Lot Size
- 6,098 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sacramento Unified Schools
Michael J. Castori Elementary School
Grades K-6 • 0.3 mi
5/10
Dyer-Kelly Elementary School
Grades K-5 • 0.7 mi
2/10
Hagginwood Elementary School
Grades K-6 • 1.0 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,185 | 1,541.53 |
| Lot Size | 6,098 | 6,320.667 |
| Price | $265.0K | $503.2K |
| Price per sq ft | $224 | $331 |
| Built year | 1946 | 1975 |
| HOA | $0 | $130 |
| Days on market | 45 | 47 |
Pricing History
Listed for Sale
Oct 16, 2026
$265,000
$285,000
-7% Price Drop
Initial Listing
Price Change
Sep 29, 2026
$285,000
$299,000
-5% Price Drop
Initial Listing
Price Change
Sep 11, 2026
$299,000
Initial Listing
Sold
Mar 5, 2002
$86,000
Public Record
Sold
Jan 27, 1998
$25,500
Public Record