
Sacramento, CA 95820
This Value-Add Residential Asset is offered at a List Price of $460,000, positioned alongside a $420,831 Fair Market Value. The pricing reflects the property's significant development upside, anchored by its R-2 Zoning and 6,098 sqft lot which permits additional units or expansion. Boasting a Condition Rating of 4, the bungalow features a modernized kitchen with stone countertops, yet remains a prime candidate for renovation financing to address its single-bathroom layout. Located near UC Davis Medical Center, this property is a strategic play for Buy-and-Hold Investors or Owner-Occupants with a renovation vision.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6870 14th Avenue Subject | $460,000* List Price | 3 | 1 | 1,368 | $308 | - |
A 7028 Maita Circle Sold | $410,000 | 3 | 2 | 1,249 | $328 | 0.2 mi |
B 6551 Kipping Way Sold | $485,000 | 3 | 2 | 1,449 | $335 | 0.2 mi |
C 5200 Whittier Drive Sold | $445,000 | 3 | 2 | 1,320 | $337 | 0.8 mi |
D 4819 62nd Street Sold | $326,000 | 3 | 1 | 1,039 | $314 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1912, this property features some notable updates including a modernized kitchen with stone countertops and stainless steel appliances, along with newer laminate flooring throughout the main living areas. However, the listing's suggestion of FHA 203k renovation financing and the 'bring your vision' description indicate that the home likely requires repairs or significant cosmetic updates to meet modern standards. Additionally, the single-bathroom configuration for a three-bedroom home is an outdated feature that limits its functional utility.
The R-2 zoning on a 6,098 sqft lot provides a rare opportunity for expansion or the addition of secondary units, making it an ideal choice for investors or multi-generational families.
Situated in the desirable Tahoe Park neighborhood, the property offers excellent proximity to the UC Davis Medical Center, Midtown, and Downtown Sacramento, ensuring strong long-term demand.
The home features an updated kitchen with stone countertops and stainless steel appliances, and the availability of pre-inspection reports for the roof, HVAC, and plumbing reduces buyer uncertainty.
A three-bedroom home with only one bathroom can be a significant drawback for modern families and may limit the property's competitive edge in the resale market.
With 120 days on the market and multiple price reductions, the property's suitability for FHA 203k renovation financing suggests that substantial cosmetic or structural updates are required.
Tahoe Park opportunity now offered at $464,000. This 3-bedroom, 1-bath bungalow features a bright layout, updated kitchen with stone countertops and stainless steel appliances, and a fully fenced backyard with space for outdoor use or future improvements. The property has been pre-inspected, including roof, HVAC, and plumbing, with reports available. Zoned R-2, offering potential for expansion or additional units (buyer to verify with city). Conveniently located minutes from UC Davis Medical Center, Midtown, and Downtown Sacramento. Bring your visionproperty may be suitable for FHA 203k renovation financing, allowing buyers to finance repairs or updates into their loan (buyer to verify with lender).
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 1,368 | 1,072.5 | 81% |
| Lot Size | 6,098 | 5,663 | 55% |
| Price | $460.0K | $410.0K | 69% |
| Price per sq ft | $336 | $368 | 41% |
| Built year | 1912 | 1950 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 126 | 182 | 29% |
Apr 16, 2026
$460,000
$464,000
-1% Price Drop
Initial Listing
Mar 21, 2026
$464,000
$469,000
-1% Price Drop
Initial Listing
Feb 24, 2026
$469,000
$479,000
-2% Price Drop
Initial Listing
Jan 29, 2026
$479,000
$485,000
-1% Price Drop
Initial Listing
Dec 17, 2025
$485,000
Initial Listing
May 25, 2016
$265,000
Public Record
Feb 7, 2014
$130,000
Public Record