
Sacramento, CA 95817
This Versatile Residential Asset is a Move-In Ready Home listed at $349,000, representing a stable and fair entry point at its $349,000 Fair Market Value. The property’s standout feature is the Double Lot with Mixed-Use Zoning and two water meters, providing exceptional flexibility for future development or commercial use. Boasting a Condition Rating of 3, the home features extensive system upgrades, including a newer electrical panel, updated plumbing, and a modern sewer system. Located minutes from UC Davis Medical Center, it is an ideal match for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3016 42nd Street Subject | $349,000* List Price | 2 | 1 | 961 | $363 | - |
A 3920 12th Avenue Sold | $427,000 | 2 | 1 | 974 | $438 | 0.5 mi |
B 3224 12th Avenue Sold | $390,000 | 3 | 1 | 1,109 | $352 | 0.8 mi |
C 3500 38th Street Sold | $385,000 | 3 | 2 | 1,143 | $337 | 0.5 mi |
D 3132 43rd Street Sold | $345,000 | 2 | 1 | 796 | $433 | 0.1 mi |
E 3225 11th Avenue Sold | $425,000 | 2 | 1 | 1,195 | $356 | 0.8 mi |
F 4040 2nd Avenue Sold | $410,000 | 3 | 2 | 965 | $425 | 0.3 mi |
G 3541 38th Street Pending | $419,999 List Price | 2 | 1 | 1,036 | $405 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1920s home is move-in ready and has undergone significant system updates, including a newer electrical panel, updated plumbing, sewer, and windows. The interior features well-maintained hardwood floors and an updated kitchen with stone countertops and newer flooring. While some elements like the cabinetry and appliances are basic, the property is well-maintained with fresh exterior paint and functional climate control via a mini-split system, meeting the criteria for a 'good' condition score.
The property features a double lot with mixed-use zoning and two separate water meters, providing exceptional flexibility for investors to build additional units or explore commercial opportunities.
Significant capital improvements have been completed, including an upgraded electrical panel, updated plumbing and sewer systems, newer windows, and a fresh exterior, reducing immediate maintenance costs for the buyer.
Located minutes from UC Davis Medical Center, Midtown, and the trendy Triangle District, the property is perfectly positioned to benefit from high rental demand and neighborhood revitalization.
With over 150 days on the market and a history of price reductions, the property may carry a market stigma that requires aggressive positioning to overcome.
The modest 961-square-foot interior with only one bathroom may limit the buyer pool to smaller households or investors, as it lacks the scale desired by many modern families.
Possible investment or development opportunity on a double lot (3016 aka 3008 42nd St) with mixed-use zoning for residential and limited commercial use. Located in an up-and-coming Sacramento neighborhood, this property offers exceptional flexibility for developers, investors, or first-time buyers. Set on a spacious double lot with two water meters, the property is ideal for future development, expanding the existing structure, or simply enjoying the generous yard space. You'll be just minutes from UC Davis Medical Center and Midtown, and close to the vibrant Triangle District of Oak Park, a thriving area featuring restaurants, shops, art galleries, and entertainment. The home is also only one block from grocery stores, banks, and shopping, with convenient access to public transportation. This charming home includes a garage for off-street parking, plus additional on-street parking. Outside, you'll find a newer concrete patio, garden area, and a front lawn with automatic sprinklersperfect for outdoor relaxation or entertaining. A walk-in basement provides extra storage space. Inside, the home features hardwood floors, an updated kitchen with modern plumbing, and included appliances, along with a separate laundry room. Major system upgrades have already been completed, including newer/upgraded electrical panel, updated plumbing, updated windows, and an updated sewer system. The home also has a newer hot water heater for added efficiency and comfort. Recent exterior improvements include new exterior window and door trim and fresh exterior paint, giving the home great curb appeal. With its extensive updates to plumbing, windows, electrical, and sewer, plus mixed-use zoning, a double lot, and a prime location near freeways (Hwy 50, 99, and 80) and Sacramento State University, this property is both move-in ready and full of future potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 44% |
| Baths | 1.0 | 2.0 | 46% |
| Square foot | 961 | 1,146.5 | 23% |
| Lot Size | 5,719 | 4,792 | 77% |
| Price | $349.0K | $442.5K | 13% |
| Price per sq ft | $363 | $378 | 44% |
| Built year | 1920 | 1929 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 160 | 191 | 35% |
Jan 6, 2026
$349,000
$367,000
-5% Price Drop
Initial Listing
Nov 13, 2025
$367,000
Initial Listing
Apr 18, 2013
$70,000
Public Record
May 31, 2012
$42,500
Public Record