3807 15th Avenue, Sacramento, CA 95820, Sacramento, 95820 - 2 bed, 1 bath
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Sacramento, CA 95820
This South Oak Park bungalow represents a High-Potential Investment Opportunity, listed at $350,000—positioned above the $314,346 Fair Market Value by 11%. While priced at a premium, the property features a Condition Rating of 3 with significant upgrades, including a new electrical panel and tankless water heater. The deep lot provides exceptional ADU potential and expansion capabilities, making it a strategic asset in a high-demand rental corridor. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a modernized, centrally located home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3807 15th Avenue Subject | $350,000* List Price | 2 | 1 | 630 | $499 | - |
A 3541 21st Avenue Sold | $305,000 | 1 | 1 | 662 | $461 | 0.4 mi |
B 4408 11th Avenue Sold | $325,000 | 1 | 1 | 569 | $571 | 0.6 mi |
C 4205 Arlington Avenue Sold | $372,500 | 2 | 1 | 808 | $461 | 0.7 mi |
D 4801 Siskiyou Avenue Sold | $360,000 | 2 | 1 | 881 | $409 | 0.6 mi |
E 3817 21st Avenue Active | $428,000 List Price | 2 | 1 | 750 | $571 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property features a recently remodeled interior (likely <5 years) with a modern kitchen, updated bathroom, and new flooring. Significant system upgrades include a new electrical panel and tankless water heater. Although the structure dates to 1982, the renovations make it move-in ready; however, it falls short of 'Excellent' due to the need for cosmetic touchups and ongoing structural pest repairs mentioned in the listing.
The home features recent extensive remodels including a newer kitchen with granite countertops, updated flooring, a new electrical panel, and a tankless water heater, offering modern comfort and efficiency.
Situated on a deep lot with a large, newly installed concrete pad, the property provides a significant value-add opportunity for an Accessory Dwelling Unit (ADU) or future footprint expansion.
Located in a rapidly growing area just minutes from UC Davis Medical Center, Downtown Sacramento, and major universities, ensuring strong long-term appreciation and rental demand.
At only 630 square feet, the living space is exceptionally compact for a two-bedroom residence, which may feel restrictive for many buyers or families.
The property requires interior paint and cosmetic touchups, and is currently undergoing repairs related to a Structural Pest Inspection Report, indicating immediate maintenance is necessary.
Recently remodeled, this charming South Oak Park bungalow offers style, comfort, and convenience in one of Sacramento's most centrally located neighborhoods. Updated throughout with a newer kitchen, remodeled bath, flooring, lighting, and finishes, this home is perfect for first-time buyers, investors, or anyone seeking low-maintenance living close to the city core. Bright and inviting interior with an efficient layout and abundant natural light. Kitchen features granite countertops and updated cabinetry. Included stacked washer/dryer, refrigerator, and microwave adds everyday convenience. The owner added a new electrical panel, tankless water heater, wood fence separating the back yard, and a huge concrete pad for ADU potential. Owner is in the process of making repairs pursuant to Structural Pest Inspection Report. Suggest some interior paint and cosmetic touchups. Situated on a deep lot with endless possibilities for gardening, outdoor entertaining, ADU potential, or future expansion. Ideally located just minutes from Downtown Sacramento, UC Davis Medical Center, Broadway Triangle, Sacramento City College, McGeorge School of Law, restaurants, breweries, shopping, and freeway access. A rare opportunity to own an updated home at an affordable price point in a rapidly growing area of Sacramento. For original photos, see: https://www.streamlinetours.com/homes/Ax4v0v3vVWq5dojoqX?branded=false
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 33% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 630 | 1,064 | 2% |
| Lot Size | 5,227 | 5,663 | 34% |
| Price | $350.0K | $407.5K | 26% |
| Price per sq ft | $556 | $376 | 93% |
| Built year | 1982 | 1951 | 89% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 183 | 1% |
May 26, 2026
$350,000
Initial Listing
Jun 27, 2024
$307,500
Public Record
Apr 25, 2008
$33,000
Public Record
Nov 19, 2004
$166,000
Public Record