
Sacramento, CA 95841
This property presents a High-Potential Investment Opportunity with a List Price of $260,000—positioned well below the $229,091 Fair Market Value by -13%. Featuring a Fair Condition Rating (5/10), the unit requires a full cosmetic rehab to modernize its 1977 vintage infrastructure. The inclusion of a shared 2-car garage and community pool access adds functional value. Given the entry-level price point and renovation requirements, this asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build equity through sweat equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5836 Peppermill Court 4 Subject | $245,000* List Price | 3 | 2 | 1,122 | $187 | - |
A 5736 Shadow Creek Drive 2 Active | $269,999 List Price | 3 | 2 | 1,187 | $227 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1977 with no evidence of recent renovations. The interior features original dark wood cabinetry, popcorn ceilings, and worn carpeting. Both the kitchen and bathrooms are significantly outdated (>30 years old), indicating the unit needs a full cosmetic rehab.
Priced at $260,000 for a three-bedroom unit, this property represents a highly competitive entry point into the Sacramento real estate market, ideal for first-time buyers or investors.
The monthly association dues include essential maintenance for the roof and exterior, insurance, trash services, and community pool access, ensuring a low-maintenance lifestyle for the owner.
The inclusion of a shared two-car garage provides significant added value, offering secure parking and extra storage space which is often a rarity in condominium living.
With three bedrooms but only 1.5 bathrooms, the unit's configuration may be a drawback for larger households or those seeking a more modern primary suite privacy.
Built in 1977, the property may require updates to its original systems or cosmetic finishes to meet the expectations of buyers looking for contemporary energy efficiency and design.
Welcome to this upper-level 3 bedroom, 1.5 bath condo located in Oakwood! This home offers spacious living and dining areas with a comfortable, functional layout. The full bathroom features convenient shared access from both the primary suite and hallway. A shared 2-car garage provides added storage and parking convenience. Affordable HOA dues include access to the community pool, roof, exterior grounds maintenance, trash, and insurance on the structure. Conveniently located near shopping, dining, and public transportation. This condo is a great opportunity for easy, low-maintenance living.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-6 • 1.6 mi
Grades 6-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 67% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,122 | 1,014.5 | 67% |
| Lot Size | - | 1,039 | 33% |
| Price | $245.0K | $242.5K | 50% |
| Price per sq ft | $218 | $242 | 17% |
| Built year | 1977 | 1975 | 50% |
| HOA | $372 | $341 | 50% |
| Days on market | 22 | 199 | 17% |
Jun 4, 2026
$245,000
$260,000
-6% Price Drop
Initial Listing
May 15, 2026
$260,000
Initial Listing
Jul 25, 2001
$87,000
Public Record