
Sacramento, CA 95820
This property presents a High-Potential Investment Opportunity with a List Price of $469,000—positioned well above the $401,725 Fair Market Value by 16%. While the property requires modernization, its Fair Condition Rating and generous lot size offer significant upside for forced appreciation through renovation or the addition of an ADU. Located in the evolving Tahoe Park neighborhood near UC Davis Health, this asset provides strong long-term rental demand. This is a strategic acquisition ideal for Buy-and-Hold Investors or first-time buyers seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5433 8th Ave Subject | $459,000* List Price | 2 | 1 | 927 | $435 | - |
A 5930 18th Avenue Sold | $480,000 | 3 | 1 | 1,045 | $459 | 0.7 mi |
B 4850 11th Avenue Sold | $480,000 | 3 | 1 | 1,194 | $402 | 0.5 mi |
C 3640 55th Street Pending | $425,000 List Price | 2 | 1 | 895 | $475 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1941, this 83-year-old property is functional and well-presented but dated. The presence of a window AC unit suggests a lack of modern central HVAC, and the listing explicitly mentions the need for updating. It remains move-in ready with 'great bones' but requires cosmetic and system modernization.
Situated in the highly desirable Tahoe Park neighborhood near the UC Davis Health expansion, offering strong long-term appreciation and high rental demand.
The generous lot size provides a blank canvas for outdoor living, home expansion, or the addition of an Accessory Dwelling Unit (ADU) to increase property value.
Features a convenient pull-down attic ladder providing easy access to significant additional storage space, a rare and practical feature for a home of this vintage.
The property was recently sold within the past year on 2026-06-22. The sold price is $400,000.00.
The property requires cosmetic and functional updates to meet current market standards, which will necessitate additional upfront capital investment.
At under 1,000 square feet with only one bathroom, the home's compact size may limit its appeal to larger households or buyers seeking more versatile living space.
**Opportunity awaits in the highly desirable Tahoe Park neighborhood!** This charming 2-bedroom, 1-bath home is ready for its next chapter. While it could benefit from some updating, it offers great bones, timeless character, and endless potential for homeowners, investors, or anyone looking to create their dream home. Inside, you'll find a functional layout along with a convenient pull-down attic ladder that provides easy access to additional attic storage, perfect for keeping seasonal decor, keepsakes, and extra belongings neatly tucked away. Situated on a generously sized lot, the backyard is a true blank canvas, offering endless possibilities to create your ideal outdoor retreat. Whether you envision lush gardens, an entertaining space, room to expand, or the potential for an ADU (buyer to verify), this property provides the space to bring your vision to life. The surrounding area continues to experience exciting growth and revitalization, making this an exceptional opportunity to invest in a thriving community. Just minutes from UC Davis Health and its ongoing expansion, the neighborhood continues to benefit from new development, increased amenities, and strong long-term appeal. Enjoy convenient access to shopping, local restaurants, coffee shops, parks, and major commuter routes, including U.S. Route 50, State Route 99, and Interstate 80, making it easy to reach Midtown, Downtown Sacramento, and beyond. Whether you're searching for your next renovation project, your first home, or an investment with long-term upside, this Tahoe Park gem offers a rare opportunity to create something truly special in one of Sacramento's most sought-after and evolving neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 927 | - |
| Lot Size | 5,227 | - |
| Price | $459.0K | $505.7K |
| Price per sq ft | $495 | $341 |
| Built year | 1941 | 0 |
| HOA | $0 | $0 |
| Days on market | 14 | 42 |
Jul 19, 2026
$459,000
$469,000
-2% Price Drop
Initial Listing
Jul 9, 2026
$469,000
Initial Listing
Jun 22, 2026
$400,000
Public Record
Jun 24, 2022
$400,000
Public Record
Mar 14, 2022
$400,000
Public Record
Aug 5, 1994
$72,500
Public Record