851 38th Street, Sacramento, CA 95816, Sacramento, 95816 - 2 bed, 1 bath
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Sacramento, CA 95816
This Historic Victorian presents a High-Potential Investment Opportunity, listed at $625,000—positioned above the $530,402 Fair Market Value. While the property requires modernization of its dated kitchen and bath, the Condition Rating of 4 reflects a well-maintained structure with recent cosmetic updates like new flooring and paint. The detached garage and private patio add significant utility to this 873-square-foot footprint. This property is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to build equity through strategic interior renovations in a prime East Sacramento location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 851 38th Street Subject | $625,000* List Price | 2 | 1 | 873 | $608 | - |
A 1041 Santa Barbara Court Sold | $629,950 | 2 | 1 | 1,156 | $545 | 0.3 mi |
B 857 38th Street Active | $635,000 List Price | 2 | 1 | 992 | $640 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the home features recent cosmetic updates including new luxury vinyl plank flooring, fresh paint, and a new water heater, the kitchen is significantly dated with vintage cabinetry and appliances. Built in 1909, the property is well-maintained and move-in ready, but the primary functional areas (kitchen/bath) exceed the 20-year threshold and require modernization.
Situated in one of Sacramento's most sought-after neighborhoods, the property offers a high-quality lifestyle with tree-lined streets and close proximity to local staples and conveniences.
This 1909 Victorian preserves its timeless character while featuring essential modern upgrades including new luxury vinyl plank flooring, fresh exterior paint, and a new water heater.
The property includes a detached single-car garage and a quaint backyard, providing rare convenience and private outdoor living space in a dense urban setting.
With only 873 square feet and a single bathroom, the home's smaller scale may limit its appeal to larger households or those requiring more interior space.
Built in 1909, the property may require ongoing attention to vintage structural or mechanical systems typical of historic homes, despite recent cosmetic and utility updates.
A charming East Sacramento Victorian with timeless character and thoughtful updates. Fresh exterior paint, new gorgeous luxury vinyl plank flooring, and a new water heater enhance the home's comfort and appeal while preserving the character that makes these homes so special. A detached single-car garage and quaint backyard create the ideal balance of convenience and outdoor living. Whether you're enjoying dinner al fresco, hosting friends, or simply unwinding on a warm summer evening, the outdoor space offers a peaceful retreat in the heart of the city. Surrounded by tree-lined streets, beloved neighborhood staples, and everyday conveniences, this is an opportunity to enjoy the lifestyle that makes East Sacramento one of Sacramento's most desirable places to call home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 36% |
| Baths | 1.0 | 2.0 | 36% |
| Square foot | 873 | 1,459 | 9% |
| Lot Size | 4,082 | 3,243 | 64% |
| Price | $625.0K | $694.0K | 23% |
| Price per sq ft | $716 | $474 | 91% |
| Built year | 1909 | 1926 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 175 | 5% |
Jun 18, 2026
$625,000
Initial Listing