803 51st Street, Sacramento, CA 95819, Sacramento, 95819 - 2 bed, 1 bath
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Sacramento, CA 95819
This Value-Add East Sacramento Bungalow is a High-Potential Investment Opportunity, with a List Price of $450,000—positioned well below the $520,395 Fair Market Value by 13%. This valuation gap provides $70,395 in Instant Equity. While featuring a modernized kitchen and private patio, the home maintains its 1930s Original Condition, offering significant upside through cosmetic updates. With a converted workshop and access to top-rated schools like Caleb Greenwood, this asset is ideal for Fix-and-Flip Investors or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 803 51st Street Subject | $450,000* List Price | 2 | 1 | 1,110 | $469 | - |
A 913 N 55th Street Sold | $570,000 | 3 | 1 | 1,142 | $499 | 0.3 mi |
B 421 40th Street Sold | $465,000 | 2 | 1 | 931 | $499 | 0.7 mi |
C 5280 Minerva Avenue Sold | $540,000 | 3 | 1 | 1,046 | $516 | 0.7 mi |
D 1572 53rd Street Pending | $579,900 List Price | 2 | 2 | 1,408 | $412 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property features a modern, renovated kitchen with updated cabinetry, stone countertops, and stainless steel appliances. However, the rest of the 1930s home remains largely in its original state, with dated utility rooms, older hardwood flooring, and aged fixtures. While well-maintained and livable, it requires further updates and repairs to the non-renovated areas to meet current quality standards.
The kitchen has been updated with newer cabinets, countertops, and appliances, providing a high-value, move-in-ready core to the home.
Located in a desirable established neighborhood, the home's largely original condition offers a prime opportunity for investors or DIY buyers to build significant equity.
The converted garage provides a functional workshop or creative studio space, supplemented by convenient covered side parking for vehicles.
Beyond the kitchen, the home remains in its 1930s original state, likely requiring substantial updates to flooring, paint, and systems to meet modern standards.
The single-bathroom layout may be a drawback for families or those seeking modern convenience, potentially limiting the buyer pool compared to multi-bath homes.
Opportunity in an established neighborhood, this 2 bedroom, 1 bath home offers 1,110 sqft of solid fundamentals with room to add value. The kitchen has already been updated with newer cabinets, countertops, and appliances, giving you a strong starting point, while the rest of the home remains largely original and ready for your vision. The garage has been converted into a functional workshop space, ideal for projects, storage, or creative use. Covered parking along the side of the home adds convenience and flexibility. With approximately 1,110 square feet, this property is a practical option for a buyer looking to build equity, customize to their taste, or add to a rental portfolio.
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades K-6 • 0.8 mi
Grades K-6 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 41% |
| Baths | 1.0 | 2.0 | 36% |
| Square foot | 1,110 | 1,302 | 32% |
| Lot Size | 4,748 | 5,749.5 | 17% |
| Price | $450.0K | $730.0K | 3% |
| Price per sq ft | $405 | $556 | 5% |
| Built year | 1930 | 1942 | 27% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 164 | 2% |
Apr 6, 2026
$450,000
Initial Listing
Apr 1, 1997
$117,000
Public Record