2362 Alta Garden Lane A, Sacramento, CA 95825, Sacramento, 95825 - 2 bed, 2 bath
Loading property details...
Sacramento, CA 95825
This High-Potential Investment Opportunity is a 2-bedroom condominium listed at $269,000, positioned slightly above the $260,250 Fair Market Value. Featuring a Condition Rating of 2, the unit offers a turnkey experience with a remodeled kitchen and modern laminate flooring. Currently tenant-occupied at $2,300/month, the property provides immediate cash flow for Buy-and-Hold Investors. While the $500 HOA fee and local school ratings are factors to consider, the property remains a stable, income-producing asset ideal for first-time investors seeking a low-maintenance entry into the Sacramento market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2362 Alta Garden Lane A Subject | $269,000* List Price | 2 | 2 | 1,064 | $245 | - |
A 2362 Alta Garden Lane B Sold | $215,000 | 2 | 2 | 1,064 | $202 | 0.0 mi |
B 2408 Larkspur Lane 248 Sold | $270,000 | 2 | 1 | 1,000 | $270 | 1.0 mi |
C 2410 Post Oak Lane Sold | $299,900 | 3 | 2 | 1,363 | $220 | 0.7 mi |
D 2280 Hurley Way 61 Active | $229,900 List Price | 2 | 2 | 1,105 | $208 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1983, the property has undergone a recent comprehensive renovation (likely <5 years) including a remodeled kitchen with updated cabinetry and countertops, refreshed bathrooms, and modern laminate flooring throughout. The description identifies it as a turnkey, move-in ready home with upgraded finishes.
The condo features a fully remodeled kitchen, refreshed bathrooms, and contemporary laminate flooring throughout, providing a move-in-ready experience with no immediate capital improvements required.
Currently tenant-occupied at $2,300 per month, this property offers a strong gross rental yield and immediate income for investors looking for a stabilized asset.
Listed at $269,000, the property is priced below its 2022 sale price of $285,000, offering an attractive entry point and potential for future equity growth in the Sacramento market.
The $500 monthly association fee is relatively high for this price point, which increases the total cost of ownership and may impact the net ROI for investment purposes.
The property is served by schools with low performance ratings (2/10), which may limit its appeal to families and potentially affect long-term resale demand.
Welcome to 2362 Alta Garden Ln #A a beautifully updated Sacramento condo offering style, comfort, and opportunity all in one. This move-in ready 2-bedroom, 2 full bathroom home features a bright open-concept layout with modern laminate flooring throughout, upgraded finishes, and a clean contemporary feel from top to bottom. The remodeled kitchen shines with updated cabinetry, countertops, and fixtures, while both bathrooms have been tastefully refreshed to create a modern, turnkey living experience. Natural light fills the living spaces, creating a warm and inviting atmosphere perfect for relaxing or entertaining. Whether you're a home buyer searching for an affordable Sacramento home or an investor looking for immediate cash flow, this property checks all the boxes. Currently tenant-occupied at $2,300/month since September 2023, offering strong rental income potential from day one. Conveniently located near shopping, dining, parks, and freeway access, this condo combines everyday convenience with long-term value. A fantastic opportunity to own a well-maintained and income-producing property in a desirable Sacramento location.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-6 • 6.9 mi
Grades 6-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,064 | 1,064 | 50% |
| Lot Size | 1,329 | 1,851 | 18% |
| Price | $269.0K | $271.0K | 46% |
| Price per sq ft | $253 | $268 | 36% |
| Built year | 1983 | 1976 | 75% |
| HOA | $500 | $579 | 29% |
| Days on market | 9 | 205 | 4% |
May 28, 2026
$269,000
Initial Listing
Jun 2, 2022
$285,000
Public Record