
Sacramento, CA 95817
This Turnkey North Oak Park Bungalow is a Strong Value Opportunity, listed at $490,000—positioned slightly above the $486,371 Fair Market Value. Despite the minor premium, the property features an Excellent Condition Rating with a new 2026 roof, 2023 HVAC, and modern Granite Kitchen finishes. The deep .12-acre lot offers significant ADU Potential, providing a rare opportunity for long-term value appreciation. Located near the UC Davis Medical Center, this home is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in-ready residence with growth capacity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2240 33rd St Subject 2 bd · 1 ba · 888 sqft · $548 | $490,000* List Price | 2 | 1 | 888 | $548 | - |
A 3438 36th Street Sold 2 bd · 1 ba · 768 sqft · $527 · 1.0 mi | $405,000 | 2 | 1 | 768 | $527 | 1.0 mi |
B 3948 U Street Sold 2 bd · 1 ba · 780 sqft · $628 · 0.6 mi | $490,000 | 2 | 1 | 780 | $628 | 0.6 mi |
C 4001 Miller Way Sold 2 bd · 1 ba · 1,146 sqft · $510 · 0.4 mi | $585,000 | 2 | 1 | 1,146 | $510 | 0.4 mi |
D 2739 Santa Clara Way Sold 3 bd · 1 ba · 936 sqft · $446 · 0.8 mi | $417,000 | 3 | 1 | 936 | $446 | 0.8 mi |
E 3123 Santa Cruz Way Sold 2 bd · 1 ba · 716 sqft · $503 · 1.0 mi | $360,000 | 2 | 1 | 716 | $503 | 1.0 mi |
F 2436 33rd Street Pending 2 bd · 2 ba · 921 sqft · $570 · 0.1 mi | $525,000 List Price | 2 | 2 | 921 | $570 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1946, the property has undergone extensive recent renovations that meet the 'Excellent' criteria. Key systems are nearly new, including the HVAC (2023) and roof (2026), alongside modern upgrades like a tankless water heater and dual-pane windows. The kitchen and bathroom have been fully modernized with granite countertops and a walk-in shower, resulting in a mint-condition, move-in-ready home.
The expansive .12-acre lot features a deep 75-foot backyard extension, providing a rare and significant opportunity for an Accessory Dwelling Unit (ADU) or substantial outdoor living expansion.
The property boasts high-value recent improvements including a new roof, 2023 HVAC system, tankless water heater, and dual-pane windows, significantly reducing immediate capital expenditure for the buyer.
Ideally situated less than a mile from UC Davis Medical Center and McGeorge School of Law, this home offers exceptional walkability to the Broadway Corridor and high rental demand from medical professionals.
At just 888 square feet, the compact interior footprint may be a constraint for buyers seeking spacious living areas or dedicated home office space.
The presence of only one bathroom can be a functional drawback for multi-occupant households and may limit the property's competitive edge against larger renovated homes in the area.
Updated 2-bedroom, 1-bathroom North Oak Park bungalow offering the charm of an older home with the efficiency of modern improvements and a deep lot with exciting ADU potential! This home is situated on a .12-acre lot; the backyard extends approximately 75 feet beyond the main house, providing plenty of room to explore an ADU, expanded outdoor living, garden, or other possibilities. Inside, original wood floors and a built-in dining hutch add character, while the updated bathroom with a walk-in shower and kitchen with granite countertops/backsplash, dual-pane windows, a tankless water heater, newer HVAC (2023), new roof (2026), stainless appliances, and efficient stackable laundry bring modern convenience. Don't miss the surprisingly generous bedroom closets and two unique porthole windows that allow natural light to fill the space. A concrete block paved driveway with a metal gate leads to the detached one-car garage. Ideally located less than a mile from UC Davis Medical Center and McGeorge School of Law, with easy access to Midtown and East Sacramento, freeways, and walkable to Broadway Corridor, restaurants, coffee shops, Faria Bakery, Gunther's Ice Cream, SacYard Tap House, Hop Gardens, and the Sacramento Natural Foods Co-op. A charming home with a large lot and room to grow!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 888 | 1,541.53 |
| Lot Size | 5,227 | 6,320.667 |
| Price | $490.0K | $503.2K |
| Price per sq ft | $552 | $331 |
| Built year | 1946 | 1975 |
| HOA | $0 | $130 |
| Days on market | 26 | 47 |
Sep 28, 2026
$490,000
Initial Listing
Jan 11, 2016
$317,000
Public Record
Oct 30, 2013
$210,000
Public Record
Aug 18, 2000
$90,000
Public Record
Jan 19, 1999
$74,500
Public Record