2978 39th, Sacramento, CA 95817, Sacramento, 95817 - 0 bed, 0 bath
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2978 39th
Sacramento, CA 95817
ACTIVE
CONDITION: FAIR
0Beds
0Baths
2,158Sq Ft
5,227Lot Size
Property Price
LIST PRICE$614,900
EST. MARKET VALUE
$663,487
7% BelowMARKET VALUE
SUMMARY
This vintage duplex represents a Strong Value Opportunity, listed at a List Price of $614,900—positioned well below the $663,488 Fair Market Value by 7%. This valuation gap provides $48,588 in Instant Equity. With a Condition Rating of 4, the property offers significant Development Potential for an ADU on its expansive lot. Located near the UC Davis Medical Center, this Buy-and-Hold Asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to leverage rental income in a high-demand medical district.
Estimated Market Value
$663,487+$48,587 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 2978 39th Subject 0 bd · 0 ba · 2,158 sqft · $307 | $614,900* List Price | 0 | 0 | 2,158 | $307 | - |
A 3312 38th Street Sold 4 bd · 2 ba · 1,400 sqft · $343 · 0.2 mi | $480,000 | 4 | 2 | 1,400 | $343 | 0.2 mi |
B 2970 31st Street Sold 4 bd · 4 ba · 1,700 sqft · $347 · 0.6 mi | $590,000 | 4 | 4 | 1,700 | $347 | 0.6 mi |
C 3043 Marshall Way Active 4 bd · 2 ba · 2,200 sqft · $336 · 0.6 mi | $740,000 List Price | 4 | 2 | 2,200 | $336 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1909, this property is over 100 years old and maintains 'vintage' and 'original' features. The presence of window AC units indicates a lack of modern central HVAC systems. While functional and charming, the interior finishes, plaster walls, and systems appear dated (likely >20 years since major renovation), requiring modernization and minor repairs to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Location
Situated within walking distance of the UC Davis Medical Center and Oak Park Triangle, the property is ideally positioned to attract high-quality tenants and medical professionals.
- Development Potential
The expansive lot offers a significant value-add opportunity with the potential to build an Accessory Dwelling Unit (ADU), allowing for increased density and rental income.
- Historic Character
This vintage duplex retains its original hardwood floors and timeless period details, providing a unique aesthetic charm that appeals to both owner-occupants and investors.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1909, the property likely requires ongoing maintenance or modernization of its older systems to ensure long-term structural and operational efficiency.
- Limited Parking
With only a one-car garage serving two units, the lack of off-street parking may be a drawback for households with multiple vehicles in a high-demand area.
About 2978 39th
Exceptional investment opportunity within walking distance of the Oak Park Triangle and UC Davis Medical Center. This vintage duplex features two spacious 2-bedroom, 1-bathroom units, each with charming original hardwood floors, large bedrooms, and timeless period details throughout. Additionally the property features a 1 car attached garage with additional storage. The property sits on an expansive, versatile lot with the potential to build an adu. This property is perfect for an owner occupant or investor looking for a prime location!
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1909
- Lot Size
- 5,227 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 3.5 |
| Square foot | 2,158 | 1,951.727 |
| Lot Size | 5,227 | 6,558.2 |
| Price | $614.9K | $658.0K |
| Price per sq ft | $285 | $327 |
| Built year | 1909 | 1957 |
| HOA | $0 | $304 |
| Days on market | 25 | 52 |
Pricing History
Listed for Sale
Sep 29, 2026
$614,900
Initial Listing
Sold
Nov 23, 2015
$170,000
Public Record
Sold
Apr 29, 2009
$65,500
Public Record
Sold
Sep 14, 2004
$250,000
Public Record