2735 57th Street, Sacramento, CA 95817, Sacramento, 95817 - 5 bed, 2 bath
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Sacramento, CA 95817
This Strategic Residential Income Duplex is a Strong Value Opportunity with a List Price of $595,000—positioned well below the $626,438 Fair Market Value by 5%. This valuation gap provides $31,438 in Instant Equity. Featuring a Condition Rating of 4, the asset includes a newer 2021 roof and well-maintained interiors. Located blocks from the UC Davis Medical Center, the property offers significant upside through adjusting the current below-market, month-to-month rents. This is a premier acquisition for Buy-and-Hold Investors or Owner-Occupants looking to house-hack in a high-demand medical district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2735 57th Street Subject | $595,000* List Price | 5 | 2 | 1,908 | $328 | - |
A 2804 65th Street Sold | $430,000 | 4 | 2 | 1,514 | $284 | 0.6 mi |
B 2731 57th Street Pending | $575,000 List Price | 4 | 2 | 1,690 | $340 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is exceptionally well-maintained for its age, featuring a newer roof (2021) and clean hardwood flooring. However, the kitchen and bathrooms remain largely in their original 1964 state with dated wood cabinetry, tile countertops, and older appliances. While functional and move-in ready for tenants, the property shows significant stylistic obsolescence and requires modern updates to meet current market standards for 'good' or 'excellent' condition.
Situated in the desirable Elmhurst area just blocks from UC Davis Medical Center and Shriners Hospital, this property is ideally positioned to attract high-quality tenants in the healthcare sector.
The property features a newer roof installed in 2021 and the seller is providing a Section 1 pest clearance, significantly reducing the risk of immediate capital expenditures for a new owner.
With current rents explicitly noted as below market and both units on month-to-month leases, there is a clear opportunity to increase the capitalization rate through strategic rent adjustments.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
The existing total monthly income of $3,590 represents a relatively low gross yield based on the list price, necessitating immediate lease renegotiations to achieve optimal cash flow.
The shared backyard and driveway arrangement with the neighboring property may present privacy concerns for tenants and potential logistical challenges for long-term maintenance.
Owned and cared for by the same family for the last 46 years this spacious duplex is located on a quiet Elmhurst area, just blocks from the Light Rail, popular eateries, UC Med Center and Shriners Hospital. It has a below market total monthly income of 3,590. Both units are on a month to month lease and have nice floor plans with spacious bedrooms and large closets. The large kitchens have dining areas, b/i appliances, lots of counter space with b/i cabinets. The roof was recently replaced in 2021. The attached garages have auto door openers and laundry hookups. There is also a shared backyard in the back of the lot. The front unit (2735) was last rented for $1,800/mo. The larger back unit (2733) with a third backroom and private yard has had a longer termed tenant with a below market rent of $1,790/mo. Both units have beautiful flooring and are in great shape. Seller will provide a section 1 pest clearance for attached pest report. The neighbor unit (on other side of driveway is also for sale (MLS#226012779).
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 89% |
| Baths | 2.0 | 3.0 | 44% |
| Square foot | 1,908 | 1,688 | 56% |
| Lot Size | 8,276 | 5,227 | 89% |
| Price | $595.0K | $530.0K | 56% |
| Price per sq ft | $312 | $312 | 50% |
| Built year | 1964 | 1950 | 89% |
| HOA | $0 | $0 | 50% |
| Days on market | 64 | 216 | 11% |
Feb 17, 2026
$595,000
Initial Listing