5032 Sky Parkway, Sacramento, CA 95823, Sacramento, 95823 - 3 bed, 2 bath
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Sacramento, CA 95823
This property presents a High-Potential Investment Opportunity with a List Price of $339,000—positioned well below the $343,696 Fair Market Value by 1%. This valuation gap offers $4,696 in Instant Equity for buyers willing to execute a comprehensive renovation. With a Condition Rating of 5, the home requires significant interior and exterior repairs. The 1,396 sq ft layout and 6,534 sq ft lot provide a versatile canvas for Fix-and-Flip Investors or Contractors seeking a value-add project in a convenient location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5032 Sky Parkway Subject | $339,000* List Price | 3 | 2 | 1,396 | $246 | - |
A 4304 Greenwich Circle Sold | $420,000 | 3 | 2 | 1,462 | $287 | 0.6 mi |
B 6717 52nd Street Sold | $380,000 | 3 | 2 | 1,305 | $291 | 0.4 mi |
C 7304 East Parkway Sold | $300,000 | 3 | 2 | 1,428 | $210 | 0.5 mi |
D 7016 Uranus Pkwy Pending | $334,950 List Price | 3 | 2 | 1,395 | $240 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1960 (64 years old) with no evidence of recent renovations; the listing explicitly states the property needs repair throughout and requires full interior and exterior renovation, categorizing it as a rehab project.
Positioned as the best-priced home in the area, this property offers a significant value-add opportunity for investors or buyers looking to build immediate equity through renovation.
The 1,396 sq ft floor plan includes a dedicated extra room off the kitchen, providing a functional space ideal for a home office or additional living area.
Situated on a 6,534 sq ft lot, the property offers ample outdoor space for landscaping, expansion, or potential ADU development in a convenient Sacramento location.
The property is being sold in 'as-is' condition and requires comprehensive interior and exterior repairs, which will necessitate a significant additional capital investment.
The majority of the assigned public schools for this address have low performance ratings, which may be a drawback for families prioritizing high-ranking educational districts.
Opportunity knocks in South Sacramento! This 3-bedroom, 1.5 bath home offers 1,396 sq ft of living space on a large lot, perfect for buyers looking for a project with upside. The property needs repair throughout and is priced accordingly for its condition. With the right vision, this home has excellent potential whether you're an investor, contractor, or homeowner ready to build equity. The spacious home has an extra room off kitchen perfect for a home office. Interior and exterior areas will require renovation, and the property is being sold AS IS, with ANY and ALL repairs to be completed by new Buyer. If you're searching for a value add opportunity in a convenient Sacramento location close to schools, shopping, and freeway access, this is the one. Best price in the area - this one won't last long!
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-6 • 0.8 mi
Grades K-6 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,396 | 1,402 | 49% |
| Lot Size | 6,534 | 6,198.5 | 51% |
| Price | $339.0K | $431.0K | 10% |
| Price per sq ft | $243 | $316 | 10% |
| Built year | 1960 | 1980 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 195 | 1% |
Jun 6, 2026
$339,000
Initial Listing