
Sacramento, CA 95823
This Versatile 2-Bedroom Condominium is listed at $165,000, representing a stable entry point relative to its $149,518 Fair Market Value. As the Only Second-Floor Unit in a gated community, the property offers enhanced privacy and a Condition Rating of 4. Key interior updates include a Granite Kitchen and Laminate Flooring, while the HOA covers Pool Access and exterior maintenance. Proximity to Parkway Elementary School and Luther Burbank High School ensures lifestyle convenience. This asset is an ideal entry into the Sacramento market for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7328 Franklin Boulevard 4 Subject | $165,000* List Price | 2 | 1 | 924 | $162 | - |
A 105 La Fresa Court 4 Sold | $144,000 | 2 | 1 | 924 | $156 | 0.0 mi |
B 7304 Franklin Boulevard 3 Sold | $140,000 | 2 | 1 | 840 | $167 | 0.0 mi |
C 4359 Shining Star Drive 4 Sold | $149,000 | 2 | 1 | 924 | $161 | 0.2 mi |
D 7464 Franklin Boulevard 3 Sold | $144,500 | 2 | 1 | 840 | $172 | 0.2 mi |
E 7320 Franklin Boulevard 1 Pending | $170,000 List Price | 2 | 1 | 840 | $202 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1970, this property is aged but appears well-maintained. The kitchen features updated granite countertops and a modern faucet, but the light wood cabinets and white dishwasher suggest a renovation that is not recent or comprehensive enough to be considered 'good.' The bathroom is clean and functional, but its vanity, light fixture, and tile style are clearly dated. Flooring is updated laminate, and windows appear newer, but the overall aesthetic and the age of the property (54 years old) place it in the 'fair' category. It is move-in ready but shows signs of being outdated and would benefit from further modern updates, particularly in the bathroom and potentially with appliances.
The property is marketed as suitable for both first-time homebuyers and investors, broadening its potential market.
Being located within a gated community provides an added layer of security and privacy for residents.
The unit features 'tons of windows,' ensuring ample natural light throughout the living spaces, creating a bright atmosphere.
Built in 1970, the property may have aging infrastructure or systems not covered by HOA, potentially requiring future updates or higher utility costs.
The $391 monthly HOA fee, while inclusive of some services, represents a notable recurring expense that impacts overall affordability.
The description does not explicitly mention a cooling system (AC), which is a critical comfort feature in Sacramento's hot climate and a potential omission for a 1970-built unit.
Great First Home or Investment Property*Unit Located On Second Floor*Only Unit On Second Floor, All Other Units Are On The First Floor*Community Is Gated*Tons of Windows Let Light Pour In*Granite Countertops*3D Tour Attached*HOA Dues Include Pool Access, Roof and Exterior Maintenance*Come See It Today!
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 0.8 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 | 924 | 924 | 50% |
| Lot Size | - | - | 50% |
| Price | $165.0K | $162.5K | 50% |
| Price per sq ft | $179 | $183 | 50% |
| Built year | 1970 | 1976 | 50% |
| HOA | $391 | $391 | 50% |
| Days on market | 406 | 204 | 0% |
Mar 12, 2025
$165,000
Initial Listing
Sep 25, 2023
$170,500
Public Record
Dec 31, 2018
$105,000
Public Record
Sep 29, 2008
$25,000
Public Record
Dec 29, 2006
$120,000
Public Record