8208 Center Parkway 18, Sacramento, CA 95823, Sacramento, 95823 - 1 bed, 1 bath
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8208 Center Parkway 18
Sacramento, CA 95823
ACTIVE
CONDITION: FAIR
1Beds
1Baths
704Sq Ft
0Lot Size
Property Price
LIST PRICE$159,000
EST. MARKET VALUE
$162,685
SUMMARY
This Prime Investment Opportunity is a 1-bedroom townhouse listed at $159,000, positioned well below the $162,686 Fair Market Value by 2%. This valuation gap offers $3,686 in Instant Equity. Featuring a Condition Rating of 4, the property includes a brand-new HVAC system and private patio, though it remains a candidate for cosmetic updates. Located in the Elk Grove school district near Cosumnes River College, this asset is ideal for Buy-and-Hold Investors or first-time buyers seeking an affordable entry point.
Estimated Market Value
$162,685
Based on Realkey algorithm analyzing recent comparable sales in Sacramento.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8208 Center Parkway 18 Subject | $159,000* List Price | 1 | 1 | 704 | $231 | - |
A 5975 Bamford Drive Sold | $205,000 | 2 | 2 | 876 | $234 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was built in 1984 (40 years old), placing it in the >20y category. While it features a brand new HVAC system, new laminate flooring, and fresh paint, the kitchen and bathroom remain dated with older cabinetry, square tile backsplashes, and white appliances. It is functional and move-in ready but requires cosmetic updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Market Value
Positioned as the lowest-priced 1-bedroom townhouse in Sacramento, this property offers an outstanding entry-level opportunity for first-time homeowners or budget-conscious investors.
- Recent Mechanical Upgrades
The inclusion of a brand-new heating and cooling system provides significant value and peace of mind, reducing the risk of immediate maintenance costs for the new owner.
- Prime Connectivity
The property boasts a highly convenient location within walking distance of Cosumnes River College and shopping, with easy access to the freeway and the Delta Shores retail hub.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The $380 monthly association fee is relatively high compared to the purchase price, which could impact the buyer's debt-to-income ratio and overall monthly affordability.
- Compact Living Dimensions
With only 704 square feet of living space and a single bedroom, the property's utility is limited to individuals or couples, potentially narrowing the future resale audience.
About 8208 Center Parkway 18
Cash only. Best priced 1 bedroom 1 bath Townhouse in Sacramento. Laminate floors. Carpet upstairs. Brand new Heating and cooling system. Small private yard. Inside laundry upstairs. Elk grove school district. Walking distance to Cosumnes River College and shopping. Close to Delta Shores. Close to freeway. Perfect place to call home or a great investment property. A must see.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1984
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $380 / Month
Neighborhood Insights
Sacramento Unified Schools
John Reith Elementary School
Grades K-6 • 0.7 mi
3/10
Prairie Elementary School
Grades K-6 • 0.7 mi
4/10
Marion Mix Elementary
Grades K-6 • 2.5 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.4 |
| Baths | 1.0 | 2.4 |
| Square foot | 704 | 1,301.429 |
| Lot Size | - | 1,548.929 |
| Price | $159.0K | $316.2K |
| Price per sq ft | $226 | $261 |
| Built year | 1984 | 1983 |
| HOA | $380 | $350 |
| Days on market | 123 | 60 |
Pricing History
Listed for Sale
May 9, 2026
$159,000
Initial Listing
Sold
Dec 20, 2021
$135,000
Public Record
Sold
Dec 31, 2002
$65,000
Public Record