
Sacramento, CA 95823
This Value-Add Condominium Acquisition is listed at $155,000, providing a low-barrier entry into Sacramento despite the $87,163 Fair Market Value. The property holds a Condition Rating of 5, with original 1970s finishes and worn systems requiring a full-scale renovation. Sold "as-is," the unit offers significant forced appreciation potential for those modernizing the 840-square-foot layout. While local schools like Parkway Elementary School and Luther Burbank High School show lower performance ratings, the 15-minute proximity to downtown ensures steady rental demand. This project is ideal for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 65 La Fresa Court 2 Subject | $155,000* List Price | 2 | 1 | 840 | $99 | - |
A 105 La Fresa Court 4 Sold | $144,000 | 2 | 1 | 924 | $156 | 0.1 mi |
B 57 La Fresa Court 3 Active | $160,000 List Price | 2 | 1 | 840 | $190 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1970 (54 years old) with no evidence of significant renovation. The interior features original wood paneling, dated tile countertops, and heavily stained/worn carpeting. The kitchen and bathroom are well beyond their functional lifespan, and the 'as-is' listing status combined with the property's age suggests a need for a full rehab of systems and finishes.
Priced at $155,000, this property offers a rare entry-level price point in the Sacramento market, making it highly accessible for first-time buyers and budget-conscious investors.
The condo is conveniently located just 15 minutes from downtown Sacramento with immediate access to major freeways and shopping centers, ensuring a short commute and easy lifestyle.
With two bedrooms and a functional layout, this property is well-positioned as a high-yield rental opportunity or a primary residence with low carrying costs.
The property is listed in as-is condition, which suggests that the buyer may need to budget for immediate repairs, upgrades, or deferred maintenance.
The majority of the assigned public schools in the immediate area have lower performance ratings, which may be a drawback for families with school-aged children.
Great property for both as primary residence or as investment property.2 bedrooms, 1-bath. Priced competitively for quick sale. Easy access to major freeways and shopping centers. Only about 15 minutes from downtown Sacramento. Property is listed in as is condition.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 0.7 mi
Grades 4-6 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 840 | 924 | 22% |
| Lot Size | 840 | - | 67% |
| Price | $155.0K | $159.0K | 44% |
| Price per sq ft | $185 | $185 | 50% |
| Built year | 1970 | 1970 | 50% |
| HOA | $326 | $391 | 22% |
| Days on market | 59 | 212 | 11% |
Apr 22, 2026
$155,000
Initial Listing
Jan 24, 2017
$55,000
Public Record