
Sacramento, CA 95824
This property presents a High-Potential Investment Opportunity with a List Price of $224,250—positioned well below the $226,687 Fair Market Value by 1%. This valuation gap offers $2,437 in Instant Equity for buyers prepared to address the Fair Condition Rating. With a generous 5,663 sqft lot and no HOA fees, the property provides a blank canvas for value-add renovations. This asset is ideal for Buy-and-Hold Investors or first-time buyers seeking an affordable entry point into the market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5220 37th Subject 2 bd · 1 ba · 840 sqft · $236 | $214,500* List Price | 2 | 1 | 840 | $236 | - |
A 5769 Ortega Street Sold 2 bd · 1 ba · 1,038 sqft · $204 · 0.7 mi | $211,800 | 2 | 1 | 1,038 | $204 | 0.7 mi |
B 5629 49th Street Pending 3 bd · 1 ba · 1,034 sqft · $266 · 0.3 mi | $275,000 List Price | 3 | 1 | 1,034 | $266 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1950 (>70 years old) with no evidence of recent renovations. The exterior shows signs of neglect including a heavily cracked driveway and unkempt grounds. The significant price drop from its 2023 sale price suggests distressed condition, likely requiring a full rehab of the kitchen, bathroom, and major systems (HVAC/Electric) to meet modern safety standards.
Listed at $224,250, the property is priced significantly below its 2023 sale price of $300,000, offering a high-value opportunity for entry-level buyers or investors.
The property carries an association fee of $0, ensuring lower monthly carrying costs and greater freedom for the homeowner compared to managed communities.
The 5,663 square foot lot provides ample outdoor space for a home of this size, offering potential for future expansion, an ADU, or extensive landscaping.
At only 840 square feet with a 2-bed, 1-bath configuration, the interior living space is quite compact and may not suit the needs of larger households.
Built in 1950, the property likely requires modernization of major systems and cosmetic updates to meet contemporary standards and improve energy efficiency.
Exceptional opportunity in Sacramento. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 840 | 1,541.53 |
| Lot Size | 5,663 | 6,320.667 |
| Price | $214.5K | $503.2K |
| Price per sq ft | $255 | $331 |
| Built year | 1950 | 1975 |
| HOA | $0 | $130 |
| Days on market | 25 | 47 |
Oct 6, 2026
$214,500
$224,250
-4% Price Drop
Initial Listing
Sep 29, 2026
$224,250
Initial Listing
May 31, 2023
$300,000
Public Record
Aug 5, 2016
$148,000
Public Record
Dec 26, 2008
$70,000
Public Record
Dec 16, 2004
$125,000
Public Record