5070 Martin Luther King jr Boulevard, Sacramento, CA 95820, Sacramento, 95820 - 2 bed, 1 bath
ACTIVE$334,000$1,573/sqft
5070 Martin Luther King jr Boulevard, Sacramento, CA 95820
2Beds
1Bath
1,573Sqft
2,971Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Strong Investment Potential: Explicitly marketed as an 'as-is' investment with solid upside, offering a clear opportunity to enhance its value.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2971, other record lot size in square feet = 6534. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1573, other record living area = 606.
Compared to the nearby listings
Price:$334.0K vs avg $395.0K ($-61,000)26%
Size:1,573 sqft vs avg 1,097.5 sqft91%
Price/sqft:$212 vs avg $34716%
More Insights
Built in 1938 (88 years old).
Condition: Built in 1938, this property is explicitly marketed as an 'as-is' investment for 'DIY-enthusiasts,' indicating a need for substantial work. The kitchen features outdated oak-style cabinets, old white appliances, and basic laminate countertops. The bathroom has a basic vanity, but the peeling paint on the ceiling suggests poor maintenance or underlying issues. While some areas have newer flooring and fresh paint, the property analysis confirms the likelihood of needing 'significant updates to major systems (e.g., electrical, plumbing, HVAC) and general modernization.' The overall condition, particularly in the kitchen and bathroom, is very dated and requires significant renovation to meet current standards, aligning with the 'poor' classification.
Year Built
1938
Close
-
List price
$334K
Original List price
-
Price/Sqft
$212
HOA
$0
Days on market
-
Sold On
-
MLS number
225152831
Home ConditionPoor
Features
View-
About this home
A charming pre‑war home in a revitalizing Sacramento neighborhood perfect as‑is'' investment with solid upside. Whether you're an investor or a DIY‑enthusiast, this property offers an opportunity to enhance its value and craft your ideal home.
J
Juan Paredes Rodriguez
Listing Agent
Price History
Date
Event
Price
06/22/05
Sold
$205,000
12/14/04
Sold
$62,500
Condition Rating
Poor
Built in 1938, this property is explicitly marketed as an 'as-is' investment for 'DIY-enthusiasts,' indicating a need for substantial work. The kitchen features outdated oak-style cabinets, old white appliances, and basic laminate countertops. The bathroom has a basic vanity, but the peeling paint on the ceiling suggests poor maintenance or underlying issues. While some areas have newer flooring and fresh paint, the property analysis confirms the likelihood of needing 'significant updates to major systems (e.g., electrical, plumbing, HVAC) and general modernization.' The overall condition, particularly in the kitchen and bathroom, is very dated and requires significant renovation to meet current standards, aligning with the 'poor' classification.
Pros & Cons
Pros
Strong Investment Potential: Explicitly marketed as an 'as-is' investment with solid upside, offering a clear opportunity to enhance its value.
DIY-Friendly Opportunity: Ideal for 'DIY-enthusiasts' looking to personalize and 'craft your ideal home,' appealing to those who want to add sweat equity.
Charming Pre-War Character: Built in 1938, the home possesses unique pre-war architectural charm and potentially solid original construction.
Revitalizing Neighborhood: Located in a 'revitalizing Sacramento neighborhood,' suggesting potential for future appreciation and improved local amenities.
No Association Fees: The absence of association fees reduces ongoing ownership costs, making it more financially attractive.
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2971, other record lot size in square feet = 6534. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1573, other record living area = 606.
Age-Related Maintenance/Updates: As a 1938 home, it likely requires significant updates to major systems (e.g., electrical, plumbing, HVAC) and general modernization.
Limited Bathroom Count: With only one bathroom for a 2-bedroom home, it may not meet the needs or preferences of all potential buyers, especially families.
Requires Significant Renovation: The 'as-is' nature and emphasis on 'enhancing its value' imply the property is not turnkey and will require substantial time and financial investment for improvements.