3307 37th Street, Sacramento, CA 95817, Sacramento, 95817 - 4 bed, 3 bath
3307 37th Street
Sacramento, CA 95817
Property Price
SUMMARY
Analysis of 3307 37th Street, Sacramento, CA 95817 reveals a property with a current list price of $425,000, which is 8% above the estimated $391,297 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Sacramento Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3307 37th Street Subject | $425,000* List Price | 4 | 3 | 1,605 | $244 | - |
A 3464 36th Street Sold | $425,000 | 4 | 2 | 1,594 | $267 | 0.1 mi |
B 3608 35th Street Sold | $440,000 | 3 | 2 | 1,886 | $233 | 0.2 mi |
C 3890 7th Avenue Sold | $540,000 | 2 | 3 | 1,927 | $280 | 0.2 mi |
D 3546 44th Street Sold | $372,500 | 4 | 2 | 1,421 | $262 | 0.6 mi |
E 3500 38th Street Sold | $385,000 | 3 | 2 | 1,143 | $337 | 0.2 mi |
F 3331 9th Avenue Active | $450,000 List Price | 4 | 2 | 1,441 | $312 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1912, this multi-unit property is functional but significantly dated and requires cosmetic updates. The kitchens feature older cabinetry and basic white appliances, while the bathrooms show aging fixtures and styles. The presence of wall heaters and window AC units suggests older mechanical systems. While the property appears maintained and habitable, it lacks recent comprehensive renovations, consistent with the 'fair' criteria for a property of this age needing minor repairs and modernization.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1605.
- Multi-Unit Income Potential
This rare three-unit configuration features separate meters and private entrances for each space, offering exceptional flexibility for rental income, multi-generational living, or a high-yield investment strategy.
- Value-Add Opportunity
With the main residence requiring cosmetic repairs, buyers have a prime opportunity to build immediate sweat equity and customize the finishes to maximize the property's market value.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1605, other record living area = 1986. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
- Deferred Maintenance
The property is noted to need cosmetic repairs and, given its 1912 construction, may require additional updates to aging systems and structural components to meet modern standards.
- Management Intensity
Operating three distinct living spaces on a single lot increases the complexity of property management and the potential for higher ongoing maintenance costs compared to a standard single-family home.
About 3307 37th Street
Oak Park: Unique 3-Unit Opportunity! Rare multi-unit property offering three separate living spaces on one large lot. The main home features 2 bedrooms and 1 bathroom with spacious living areas. Downstairs, you'll find a separate studio-style unit configured as a 1 bedroom, 1 bathroom with its own kitchen. Additionally, the detached 2-car garage (with alley access) includes an attached 1 bedroom, 1 bathroom unit complete with a kitchen. All three units have their own separate meter boxes and private front door entrances, offering flexibility for multi-generational living, rental income, or investment potential. The main home will need cosmetic repairs, providing an excellent opportunity to add value and customize to your taste. Don't miss this versatile property in desirable Oak Park!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1912
- Lot Size
- 7,405 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 91% |
| Baths | 3.0 | 2.0 | 89% |
| Square foot | 1,605 | 1,135 | 84% |
| Lot Size | 7,405 | 4,792 | 93% |
| Price | $425.0K | $484.5K | 39% |
| Price per sq ft | $265 | $425 | 16% |
| Built year | 1912 | 1940 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 178 | 2% |
Pricing History
Listed for Sale
Feb 28, 2026
$425,000
Initial Listing