
Sacramento, CA 95820
This property presents a High-Potential Investment Opportunity with a List Price of $349,000—positioned well below the $299,667 Fair Market Value by -16%. While the home carries a Condition Rating of 5, the large lot size provides significant upside for ADU development to maximize rental yield. Located near Earl Warren Elementary, this asset offers a strategic entry point for Buy-and-Hold Investors or first-time buyers capable of executing a comprehensive renovation to modernize the dated interior and address systemic obsolescence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4940 Whittier Drive Subject | $334,900* List Price | 2 | 1 | 858 | $344 | - |
A 4817 Concord Road Sold | $331,650 | 3 | 1 | 884 | $375 | 0.3 mi |
B 4925 Cabrillo Way Sold | $344,000 | 3 | 1 | 1,039 | $331 | 0.7 mi |
C 4819 62nd Street Sold | $326,000 | 3 | 1 | 1,039 | $314 | 0.6 mi |
D 5550 Bradford Drive Pending | $299,000 List Price | 2 | 1 | 858 | $348 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1952 and marketed as a 'fixer,' this property shows significant age-related wear. The original hardwood floors are heavily worn and need refinishing, the kitchen and bathroom are dated with 30+ year old aesthetics, and the presence of a window AC unit suggests a lack of modern central HVAC. The home requires a comprehensive rehab to address cosmetic and systemic obsolescence.
The property features a large backyard with the specific capacity to add an Accessory Dwelling Unit (ADU), offering significant potential for rental income or increased property value.
Priced at $349,000, this home offers an affordable entry point into the Sacramento real estate market, making it an ideal opportunity for first-time buyers or investors.
Conveniently located near parks and schools, including a well-rated elementary school within walking distance, enhancing its appeal for small families.
Identified as a 'light fixer' needing TLC, the property will require immediate additional investment for repairs and modernization.
While the elementary school is rated well, the assigned middle and high schools have low ratings, which may impact long-term desirability for some families.
Great(light) fixer in Colonial Village 2. Big backyard, can add a ADU. Priced to sell and ready for a little TLC. Close to schools and Parks.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-6 • 0.9 mi
Grades 7-8 • 1.2 mi
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 | 858 | 1,082 | 17% |
| Lot Size | 4,792 | 5,663 | 20% |
| Price | $334.9K | $405.0K | 24% |
| Price per sq ft | $390 | $375 | 59% |
| Built year | 1952 | 1950 | 61% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 176 | 1% |
Jun 12, 2026
$334,900
$349,000
-4% Price Drop
Initial Listing
Jun 2, 2026
$349,000
Initial Listing
Feb 10, 2016
$139,000
Public Record