7341 S Land Park Drive, Sacramento, CA 95831, Sacramento, 95831 - 3 bed, 3 bath
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Sacramento, CA 95831
This Value-Add Residential Asset is listed at $499,000, positioned fairly at its $482,378 Fair Market Value. Currently holding a Condition Rating of 5, the property is a 1966 "time capsule" requiring a full-scale rehabilitation to unlock its maximum potential. The 2,041 sq. ft. layout offers a flexible floor plan for a fourth bedroom, situated on an expansive 10,019 sq. ft. lot with a covered patio. Located in South Land Park Hills near Pony Express Elementary and John F. Kennedy High, this is a strategic acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7341 S Land Park Drive Subject | $499,000* List Price | 3 | 3 | 2,041 | $236 | - |
A 935 Sunwood Way Pending | $495,000 List Price | 4 | 3 | 2,143 | $231 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is in original 1966 condition and requires a comprehensive rehabilitation to meet modern standards. The kitchen is a 'time capsule' featuring dated avocado-green double ovens, original electric coil cooktops, and 1960s-style cabinetry and tile. The interior shows significant wear with stained wall-to-wall carpeting, popcorn ceilings, and obsolete light fixtures. While the structure appears solid, the lack of any updates in nearly 60 years places it in the poor category as it requires substantial investment in all major systems and finishes.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10019, living area = 2041.
Situated in the highly sought-after South Land Park Hills, the property offers excellent proximity to downtown Sacramento, local golf courses, and river access.
With over 2,000 square feet and a flexible floor plan that can accommodate a fourth bedroom, this home is priced to allow for equity growth through customization.
The home is in original condition and requires comprehensive updates to the interior finishes and potentially major systems to meet modern standards.
Given the 1966 construction and 'as-is' appeal, buyers should anticipate additional costs for potential repairs and structural or mechanical upgrades.
Opportunity awaits at 7341 S. Land Park Drive! This well-built single-story home offers a fantastic chance to create your dream space in one of Sacramento's most desirable areas. Featuring 3 bedrooms, 2.5 bathrooms, and a flexible floor plan, this home provides the potential to easily add a 4th bedroom or design the perfect home office. While the home is ready for updates, its solid construction and thoughtful layout make it the ideal canvas for customization. Step outside to a spacious backyard complete with a covered patioperfect for transforming into an inviting outdoor living and entertaining space. Conveniently located just minutes from downtown Sacramento, you'll enjoy quick access to dining, shopping, and vibrant nightlife. Catch a game at Sutter Health Park, explore nearby river access, or tee off at local favorites like Bing Maloney and Bartley Cavanaugh Golf Courses. Priced to sell, this is an incredible opportunity for buyers looking to add value in a prime locationdon't miss your chance!
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades K-6 • 1.1 mi
Grades K-6 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 54% |
| Square foot | 2,041 | 1,825 | 67% |
| Lot Size | 10,019 | 7,841 | 78% |
| Price | $499.0K | $640.0K | 17% |
| Price per sq ft | $244 | $351 | 4% |
| Built year | 1966 | 1980 | 26% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 161 | 3% |
Apr 16, 2026
$499,000
Initial Listing