
Sacramento, CA 95823
This 2-bedroom condominium represents a High-Potential Investment Opportunity, listed at $229,900—positioned above the $205,913 Fair Market Value. While the price reflects a premium, the property’s Condition Rating of 4 and turnkey status offer immediate rental viability. Located near Cosumnes River College and Highway 99, the unit provides strong commuter appeal. Despite the $380 HOA fee, the location ensures consistent demand for Buy-and-Hold Investors and first-time buyers seeking an accessible entry point into the Sacramento market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8220 Center Parkway 43 Subject | $229,900* List Price | 2 | 1 | 1,044 | $197 | - |
A 8228 Center Parkway 46 Sold | $190,000 | 2 | 1 | 906 | $210 | 0.0 mi |
B 8272 Center Parkway 111 Sold | $216,000 | 2 | 2 | 1,026 | $211 | 0.1 mi |
C 8240 Center Parkway 71 Active | $210,000 List Price | 2 | 1 | 906 | $232 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981 (43 years old), the property falls into the dated category. While the description states it is well-kept and move-in ready, the age suggests that the kitchen, baths, and major systems are likely beyond their 20-year modern lifecycle and will require minor repairs or cosmetic updates to meet current market standards.
The property is ideally situated near Highway 99, light rail, and Cosumnes River College, offering excellent accessibility for commuters and students.
Described as well-kept and move-in ready, this condo allows buyers to avoid immediate renovation costs and provides a seamless transition for owners or tenants.
With a list price of $229,900, this unit represents a highly accessible entry point into the Sacramento real estate market for first-time buyers and investors alike.
The $380 monthly association fee is relatively high for this price point, which may impact the buyer's debt-to-income ratio and overall monthly affordability.
Featuring only one bathroom for a two-bedroom unit, the layout may pose a challenge for small families or roommates compared to more modern two-bath configurations.
Welcome to this beautiful, well kept, stunning and ready to move in condo. 2 bedrooms, 1 bath, 1 car garage. Closes to schools, shopping centers, CRC Community College, Highway 99, light rail, restaurants, and hospitals. Great for first time home buyer or investor.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades K-6 • 0.7 mi
Grades K-6 • 2.4 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 | 1,044 | 924 | 67% |
| Lot Size | - | - | 50% |
| Price | $229.9K | $160.0K | 67% |
| Price per sq ft | $220 | $187 | 78% |
| Built year | 1981 | 1981 | 50% |
| HOA | $380 | $391 | 44% |
| Days on market | 29 | 198 | 11% |
May 8, 2026
$229,900
Initial Listing
Oct 30, 2019
$127,000
Public Record
Sep 24, 2015
$64,000
Public Record