
Sacramento, CA 95823
This property presents a High-Potential Investment Opportunity with a List Price of $400,000—positioned well below the $382,722 Fair Market Value by -4%. While the home requires cosmetic modernization, it features a Condition Rating of 4, supported by a newer roof and HVAC system. The 3-bedroom, 2-bathroom ranch layout and covered patio provide a functional foundation for value-add renovations. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to build equity through strategic interior updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5135 53rd Ave Subject 3 bd · 2 ba · 1,200 sqft · $319 | $400,000* List Price | 3 | 2 | 1,200 | $319 | - |
A 5224 52nd Avenue Sold 4 bd · 2 ba · 1,164 sqft · $343 · 0.0 mi | $399,500 | 4 | 2 | 1,164 | $343 | 0.0 mi |
B 5725 Manmar Way Sold 3 bd · 2 ba · 1,144 sqft · $267 · 0.5 mi | $306,000 | 3 | 2 | 1,144 | $267 | 0.5 mi |
C 7033 3rd Pkwy Sold 3 bd · 2 ba · 1,193 sqft · $327 · 0.4 mi | $390,000 | 3 | 2 | 1,193 | $327 | 0.4 mi |
D 5005 I Pkwy Sold 3 bd · 2 ba · 1,253 sqft · $331 · 0.9 mi | $415,000 | 3 | 2 | 1,253 | $331 | 0.9 mi |
E 4949 H Parkway Sold 3 bd · 1 ba · 1,456 sqft · $295 · 1.0 mi | $430,000 | 3 | 1 | 1,456 | $295 | 1.0 mi |
F 4736 F Parkway Sold 3 bd · 2 ba · 1,530 sqft · $281 · 0.9 mi | $430,000 | 3 | 2 | 1,530 | $281 | 0.9 mi |
G 6741 Steiner Drive Pending 3 bd · 2 ba · 1,200 sqft · $292 · 0.2 mi | $349,999 List Price | 3 | 2 | 1,200 | $292 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1960, the home features essential system upgrades including a newer roof and HVAC. However, the interior is dated with original painted cabinetry, older appliances, and worn carpeting that requires replacement. The bathrooms have received partial tile updates, but the overall aesthetic and finishes need modernization.
The property features a newer roof, HVAC system, and dual-pane windows, which are significant high-value improvements that reduce immediate maintenance costs for a new owner.
A classic 3-bedroom, 2-bathroom ranch configuration with a 2-car garage provides a highly practical and sought-after floor plan for families and first-time homebuyers.
The home offers low-maintenance front and back yards along with a covered patio, providing usable outdoor space for entertainment without the burden of extensive landscaping.
The listing indicates the home is 'waiting to make it your own,' suggesting that interior cosmetic renovations are likely necessary to modernize the 1960s aesthetic.
Built in 1960, the property may require additional scrutiny or future investment regarding original plumbing and electrical systems typical of mid-century suburban developments.
Charming Home Full of Potential! 3 bedroom, 2 bath, 1200 square feet living area, 5,663 lot size, 2 car garage. Ranch style family home brings history to the neighborhood, built in 1960 mid-century post WWII suburban development. Newer roof and HVAC system, water softener and dual pane windows. Low maintenance yards, front and back, covered patio with room to play and enjoy. Located in Sacramento USD. Bring your imagination, this home waiting to make it your own!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,200 | 1,541.53 |
| Lot Size | 5,663 | 6,320.667 |
| Price | $400.0K | $503.2K |
| Price per sq ft | $333 | $331 |
| Built year | 1960 | 1975 |
| HOA | $0 | $130 |
| Days on market | 41 | 47 |
Sep 13, 2026
$400,000
Initial Listing