
Sacramento, CA 95819
This property presents a High-Potential Investment Opportunity with a List Price of $799,900—positioned well above the $643,145 Fair Market Value by -24%. While the pricing reflects a premium, the home offers significant upside for Value-Add Investors and Owner-Occupants willing to modernize the Fair Condition Rating interior. Located in the desirable River Park neighborhood near the 8/10 rated Caleb Greenwood Elementary, this 2,250 sqft home features a spacious floorplan, downstairs primary suite, and a private deck, making it a prime candidate for a comprehensive renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5330 Caleb Avenue Subject | $799,900* List Price | 4 | 3 | 2,250 | $286 | - |
A 4450 Moddison Avenue Sold | $769,000 | 3 | 2 | 2,202 | $349 | 0.8 mi |
B 5501 Moddison Avenue Sold | $635,000 | 3 | 1 | 1,582 | $401 | 0.4 mi |
C 5035 E Street Sold | $834,000 | 3 | 2 | 1,893 | $441 | 0.8 mi |
D 5325 Shepard Avenue Pending | $925,000 List Price | 3 | 2 | 2,053 | $451 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1956 and maintained by the same family for over 40 years, the property features a highly dated kitchen with original-style cabinetry, tile countertops, and vintage wallpaper throughout. The listing explicitly states it is ready for a remodel, indicating that systems and finishes are well beyond the 30-year threshold for modern standards.
Situated in the highly sought-after River Park area, this property is just one block from the park, swimming pool, tennis courts, and river access, offering an exceptional lifestyle.
The 2,250 sqft floor plan includes four bedrooms, two offices, and a rare downstairs primary suite with a wet bar, providing significant flexibility for remote work or multi-generational living.
The home is located only 0.23 miles from Caleb Greenwood Elementary, a highly-rated (8/10) school, making it an ideal choice for families with young children.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
Held by the same family for over 40 years, the interior is in original condition and requires a full remodel to meet contemporary standards and buyer preferences.
While the elementary school is excellent, the assigned local high schools carry low performance ratings (2/10), which may be a concern for families with older students.
Welcome to Caleb Avenue! One of my favorite River Park streets with beautifully kept homes on well manicured lots, and just a block from the park, swimming pool, tennis/pickleball courts and river access. This home has been in the same family for over 40 years and is ready for the next buyer to remodel to their taste. The floorplan is perfect with a formal skylight-lit entry, sunny family room, and spacious living and dining rooms overlooking the backyard/deck. With 4 bedrooms, 3 full bathrooms, 2 office,s and even a dark room for photography enthusiasts. The spacious downstairs primary suite has 2 large closets, a gas fireplace, and a wet bar. There are additional gas log fireplaces in the family room and living room. The back and side yard is perfect for outdoor entertaining. Enjoy your next home living in this fabulous location in a home that you can make your own!
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-5 • 1.2 mi
Grades K-6 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,250 | 1,540.857 |
| Lot Size | 7,449 | 6,330.116 |
| Price | $799.9K | $508.1K |
| Price per sq ft | $356 | $333 |
| Built year | 1956 | 1975 |
| HOA | $0 | $128 |
| Days on market | 7 | 45 |
Sep 2, 2026
$799,900
Initial Listing