7738 La Mancha Way, Sacramento, CA 95823, Sacramento, 95823 - 4 bed, 3 bath
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Sacramento, CA 95823
This Spacious Value-Add Condominium is a Strong Value Opportunity, listed at $279,900—positioned well below the $303,513 Fair Market Value by 7%. This valuation gap provides $23,613 in Instant Equity for buyers. Featuring a rare 4-bedroom, 3-bathroom layout and a private patio, the home holds a Condition Rating of 4 due to necessary flooring updates. With dual-pane windows and quality cabinetry, it offers a solid foundation near Marion Mix Elementary. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to build equity through cosmetic improvements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7738 La Mancha Way Subject | $279,900* List Price | 4 | 3 | 1,452 | $209 | - |
A 7700 La Mancha Way Pending | $210,000 List Price | 2 | 1 | 884 | $238 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, this property is well-maintained but shows clear signs of age and dated finishes. While it features some updates like recessed lighting and dual-pane windows, the kitchen has older tile countertops and mid-range oak cabinetry likely from a previous renovation over 15 years ago. Most significantly, the hardwood flooring exhibits heavy discoloration and wear that requires replacement, as noted in the listing description, placing it firmly in the 'fair' category requiring minor updates to be move-in ready.
Priced aggressively at under $280,000, this property offers a rare combination of over 1,400 square feet and four bedrooms, providing significant equity potential in the Sacramento market.
The functional floor plan features four bedrooms and three bathrooms, including a primary suite with a private bath, which is an exceptionally rare find for a condominium at this price point.
With dual-pane windows and quality cabinetry already in place, the home serves as an excellent canvas for cosmetic upgrades rather than requiring a full-scale structural renovation.
The first-floor hardwood flooring exhibits significant discoloration and wear, requiring immediate investment in replacement or refinishing to make the space move-in ready.
The $400 monthly association fee represents a substantial recurring expense that may impact the overall affordability and debt-to-income ratio for prospective buyers.
Opportunity knocks in Southgate Garden! This aggressively priced condo offers an incredibly rare combination of size, value, and potentialboasting over 1,400 square feet of living space with 4 spacious bedrooms, including a generously sized primary suite complete with a private full bath. Step inside to find a well-designed, functional layout enhanced by hardwood flooring, dual pane windows, and quality cabinetry that has been meticulously maintained over the years. The home exudes solid craftsmanship and presents a fantastic canvas for customization. The first floor does feature some discoloration and wear in the hardwood flooring, and a replacement bid for LVP flooring is available upon requestmaking it easy for a buyer to upgrade and add instant value. Finding this much space at this price point is exceptionally rare. This property is a standout opportunity for a very lucky buyer!
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades K-6 • 3.8 mi
Grades 7-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 2.0 | 92% |
| Baths | 3.0 | 1.0 | 83% |
| Square foot | 1,452 | 924 | 83% |
| Lot Size | 871 | - | 75% |
| Price | $279.9K | $162.5K | 75% |
| Price per sq ft | $193 | $190 | 50% |
| Built year | 1973 | 1977 | 50% |
| HOA | $400 | $391 | 75% |
| Days on market | 6 | 182 | 8% |
Apr 16, 2026
$279,900
Initial Listing