4865 V St, Sacramento, CA 95817, Sacramento, 95817 - 2 bed, 1 bath
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4865 V St
Sacramento, CA 95817
ACTIVE
CONDITION: GOOD
2Beds
1Baths
953Sq Ft
4,356Lot Size
Property Price
LIST PRICE$485,000
EST. MARKET VALUE
$475,856
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $499,000—positioned well below the $480,495 Fair Market Value by -3%. While the home requires cosmetic updates, it features a Fair Condition Rating with modern upgrades like quartz countertops and central HVAC. Located directly across from the UC Davis Medical Campus, the property offers significant rental demand and long-term appreciation potential. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to build sweat equity in a prime location.
Estimated Market Value
$475,856
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 |
|---|---|---|---|---|---|---|
★ 4865 V St Subject 2 bd · 1 ba · 953 sqft · $499 | $485,000* List Price | 2 | 1 | 953 | $499 | - |
A 5432 U Street Sold 2 bd · 1 ba · 1,016 sqft · $541 · 0.4 mi | $550,000 | 2 | 1 | 1,016 | $541 | 0.4 mi |
B 3948 U Street Sold 2 bd · 1 ba · 780 sqft · $628 · 0.5 mi | $490,000 | 2 | 1 | 780 | $628 | 0.5 mi |
C 2739 Santa Clara Way Sold 3 bd · 1 ba · 936 sqft · $446 · 0.6 mi | $417,000 | 3 | 1 | 936 | $446 | 0.6 mi |
D 3123 Santa Cruz Way Sold 2 bd · 1 ba · 716 sqft · $503 · 0.8 mi | $360,000 | 2 | 1 | 716 | $503 | 0.8 mi |
E 4001 Miller Way Sold 2 bd · 1 ba · 1,146 sqft · $510 · 0.7 mi | $585,000 | 2 | 1 | 1,146 | $510 | 0.7 mi |
F 3125 43rd Street Sold 2 bd · 1 ba · 884 sqft · $452 · 0.7 mi | $400,000 | 2 | 1 | 884 | $452 | 0.7 mi |
G 5625 V St Active 2 bd · 1 ba · 933 sqft · $631 · 0.5 mi | $589,000 List Price | 2 | 1 | 933 | $631 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although the 1941 home is described as needing 'sweat equity,' the interior photos show a high-quality, recent renovation of the kitchen and bathroom (quartz counters, modern tile, and gold fixtures). With updated systems including central HVAC and an EV charger, the property is functional and move-in ready, though the exterior and yard require further maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated in the highly sought-after Elmhurst neighborhood directly across from the UC Davis Medical Campus, offering exceptional convenience and high rental demand.
- Modern Functional Upgrades
The property features essential modern amenities including central heating and air, an EV charger, and an updated kitchen with quartz countertops, blending classic charm with contemporary utility.
- Significant Equity Potential
Priced competitively below recent sales history, this home presents a rare opportunity for buyers to build immediate sweat equity through renovations in a high-value area.
CONSRISKS & DEFICIENCIES
- Required Renovations
The home is explicitly noted as needing work, which will require additional capital investment and time from the buyer to bring it to its full potential.
- Limited Living Space
With only 953 square feet and a single bathroom, the compact footprint may be a constraint for growing families or those requiring a dedicated home office.
About 4865 V St
Discover an extraordinary opportunity in Sacramento's highly sought-after Elmhurst neighborhood! Built in 1941, this charming 2-bedroom, 1-bath home offers 953 sq ft of efficiently designed living space and the rare chance to make Elmhurst your home at an exceptional value. Original hardwood floors add character and warmth, while the updated kitchen features quartz countertops and the updated bathroom provides modern convenience. Central heat and air, an EV charger, and a detached garage add to the home's functionality. The fully fenced backyard offers space to garden, relax, entertain, or create your own outdoor retreat. This home does need work, making it an ideal opportunity for buyers ready to bring their vision, creativity, and sweat equity to a property with tremendous potential. Set on a tree-lined street directly across from the UC Davis Medical Campus, the location is hard to beat. Enjoy easy access to the restaurants, coffee shops, shopping, and entertainment throughout Elmhurst, East Sacramento, Oak Park, and Midtown. Whether you're looking for your first home, an investment, or a chance to create something truly your own, this Elmhurst gem offers location, character, and opportunity at an exceptional price
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1941
- Lot Size
- 4,356 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 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 |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 953 | 1,541.53 |
| Lot Size | 4,356 | 6,320.667 |
| Price | $485.0K | $503.2K |
| Price per sq ft | $509 | $331 |
| Built year | 1941 | 1975 |
| HOA | $0 | $130 |
| Days on market | 17 | 47 |
Pricing History
Listed for Sale
Oct 16, 2026
$485,000
$499,000
-3% Price Drop
Initial Listing
Price Change
Oct 7, 2026
$499,000
Initial Listing
Sold
Jul 18, 2024
$555,000
Public Record
Sold
Sep 27, 2021
$560,000
Public Record
Sold
Mar 19, 2018
$505,000
Public Record
Sold
Nov 20, 2017
$345,000
Public Record