2042 University Park Drive, Sacramento, CA 95825, Sacramento, 95825 - 4 bed, 3 bath
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Sacramento, CA 95825
This property presents a High-Potential Investment Opportunity with a List Price of $630,000—positioned well above the $569,296 Fair Market Value by 10%. While the property requires significant rehabilitation, the seller—a general contractor—offers a unique "blank canvas" to customize flooring, roofing, and finishes. Featuring a 4-bedroom, 3-bathroom layout and a private patio, this asset is ideal for Fix-and-Flip Investors or Contractors. With a Condition Rating of 5, this project requires a strategic renovation plan to maximize value in the University Park community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2042 University Park Drive Subject | $599,995* List Price | 4 | 3 | 2,215 | $249 | - |
A 2084 University Park Drive Sold | $510,000 | 3 | 3 | 1,955 | $261 | 0.1 mi |
B 704 Dunbarton Circle Sold | $499,000 | 3 | 3 | 2,137 | $234 | 0.3 mi |
C 1106 Commons Drive Sold | $635,500 | 3 | 3 | 2,263 | $281 | 0.3 mi |
D 2240 University Avenue Sold | $489,000 | 3 | 2 | 1,637 | $299 | 0.1 mi |
E 1182 Vanderbilt Way Sold | $459,000 | 3 | 3 | 1,825 | $252 | 0.4 mi |
F 1235 Vanderbilt Way Pending | $449,000 List Price | 3 | 3 | 2,137 | $210 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1982, the property is over 40 years old and requires significant rehabilitation. The listing note explicitly states the need for a new roof, new flooring, and paint, describing it as a 'blank canvas.' Furthermore, the interior photos are digitally altered, suggesting the actual condition of the kitchen and baths does not currently match the modern images provided.
The seller, a general contractor, is offering the buyer the unique opportunity to select new flooring, roofing, and aesthetic finishes prior to closing, allowing for a personalized, 'blank canvas' renovation.
With 4 bedrooms, 3 bathrooms, and over 2,200 square feet of living space, the home features an open floor plan and a remodeled kitchen designed for contemporary functionality.
Situated in the sought-after University Park neighborhood, the property offers a prime Sacramento location with close proximity to high-end shopping, dining, and parks.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3049, living area = 2215.
The property requires immediate large-scale attention, including a full roof replacement and deep cleaning, which may deter buyers looking for a traditional move-in-ready home.
OWNER CARRY FINANCING WITH 25% DOWN! 4% interest years 1 & 2, 5% years 3 & 4, then 6% year 5 with a ballon payment. This lovely home offers a refined blend of modern finishes, comfortable living spaces, and a highly desirable Sacramento location. Step inside to an open, inviting floor plan featuring upgraded flooring, fresh improvements throughout, and a remodeled kitchen designed to be both stylish and functional. With new countertops, updated finishes, and a natural connection to the main living areas, the kitchen serves as the heart of the home. The primary suite features an upgraded bathroom with a clean, modern feel, creating a relaxing retreat at the end of the day. Thoughtful updates throughout the home provide a bright, refreshed atmosphere while maintaining a warm and welcoming sense of comfort. Located in the sought-after University Park community, this home offers the perfect combination of privacy, convenience, and lifestyle. Enjoy close proximity to shopping, dining, parks, schools, and some of Sacramento's most desirable amenities. A beautifully remodeled home in an exceptional setting - this is one you won't want to miss! NOTE: As the house has been rented out the previous year, the seller is a general contractor and recognizes the need to repaint, deep clean, replace roof and possibly redo floors. Etc. Potential buyer could participate in the selection of flooring, roofing, cabinets and other aesthetic upgrades after the August 15 vacancy date and before close of escrow. Here is your chance at a blank canvas and you can customize all to your tastes!
No exterior & parking available.
Grades K-6 • 8.3 mi
Grades K-8 • 0.7 mi
Grades 6-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,215 | - |
| Lot Size | 3,049 | - |
| Price | $600.0K | $505.7K |
| Price per sq ft | $271 | $341 |
| Built year | 1982 | 0 |
| HOA | $525 | $0 |
| Days on market | 41 | 42 |
Jul 13, 2026
$599,995
$630,000
-5% Price Drop
Initial Listing
Jun 21, 2026
$630,000
$664,999
-5% Price Drop
Initial Listing
Jun 11, 2026
$664,999
Initial Listing
Oct 27, 2022
$510,000
Public Record