Exceptional investment opportunity in the heart of Sacramento! This beautifully updated property with TWO HOMES ON THE LOT at 2865 59th Street features two well-appointed 2-bedroom, 1-bathroom units, offering the perfect blend of modern upgrades, strong rental appeal, and owner-occupant flexibility. Both residences have been thoughtfully renovated with updated interiors, creating comfortable and stylish living spaces that tenants and homeowners alike will appreciate. Situated on a generous lot in a highly desirable central Sacramento location, this property places residents just minutes from the vibrant dining, shopping, and entertainment options of Tahoe Park, East Sacramento, and Midtown. Enjoy easy access to the UC Davis Medical Center, major commuter routes, public transportation, local parks, and neighborhood amenities. The area's strong rental demand, proximity to employment centers, and ongoing growth make this an outstanding opportunity for investors seeking stable income and long-term appreciation. Whether you're an investor seeking dependable rental income or a buyer looking for a multi-unit property with flexibility and long-term appreciation potential, this unique property is a compelling opportunity in one of Sacramento's most accessible locations.
Closed
$725,000
2865 59th St, Sacramento, CA 95817
2beds
982sqft
Multi Family, Single Family Residence
Built in 1947
8,276 Square Feet Lot
$723,800 Zestimate®
$738/sqft
$2,491 Estimated rent
Home value
$723,800
$659,000 - $789,000
$2,491/mo
Zestimate® history
Owner options
List your home for rent
$2,491/mo
Rent Zestimate®
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$2,491/mo
Rent Zestimate®
Refinance and save
$4,692/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$4,692/mo
Est. payment
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List your homeWhat's special
Generous lot
Zillow last checked:
Listing updated:
Listed by:
Andrew Augustine DRE #02124523 916-541-1651,
Nick Sadek Sotheby's International Realty,
Bernadette Augustine DRE #01311232 916-541-1607,
Nick Sadek Sotheby's International Realty
Bought with:
Penny Ranson, DRE #01704705
KW Sac Metro
Source: MetroList Services of CA,MLS#: 226076632Originating MLS: MetroList Services, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Dining room
- Features: Breakfast Nook, Space in Kitchen
Kitchen
- Features: Breakfast Area, Butcher Block Counters
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Range Hood, Ice Maker, Microwave
- Laundry: Inside, Inside Room
Features
- Flooring: Simulated Wood
- Number of fireplaces: 2
- Fireplace features: Brick, Family Room, Wood Burning
Interior area
- Total structure area: 0
- Total interior livable area: 982 sqft
Property
Parking
- Total spaces: 4
- Parking features: No Garage, RV Access/Parking, Detached
- Garage spaces: 4
Features
- Levels: One
- Stories: 1
- Exterior features: Outdoor Grill, Fire Pit
Lot
- Size: 8,276 Square Feet
- Features: Auto Sprinkler F&R, Split Possible
Details
- Additional structures: Pergola, Shed(s), Storage
- Parcel number: 01103030150000
- Zoning: R-1
- Special conditions: Conservatorship,Probate Listing
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Multi Family, Single Family Residence
Materials
- Brick, Shingle Siding, Stucco
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1947
Utilities & green energy
- Electric: 220 Volts in Laundry
- Sewer: Public Sewer
- Water: Meter on Site
- Utilities for property: Cable Connected, Sewer In & Connected, Internet Available
Community & HOA
Location
- Region: Sacramento
Financial & listing details
- Price per square foot: $738/sqft
- Tax assessed value: $390,647
- Price range: $725K - $725K
- Date on market: 6/17/2026
Price history
| Date | Event | Price |
|---|---|---|
| 7/28/2026 | Sold | $725,000-3.2%$738/sqft |
Source: Public Record Report a problem | ||
| 7/28/2026 | Pending sale | $749,000$763/sqft |
Source: MetroList Services of CA #226076632 Report a problem | ||
| 6/17/2026 | Listed for sale | $749,000+127%$763/sqft |
Source: MetroList Services of CA #226076632 Report a problem | ||
| 1/26/2017 | Sold | $330,000+4.1%$336/sqft |
Source: MetroList Services of CA #16068475 Report a problem | ||
| 1/21/2016 | Sold | $317,000-3.6%$323/sqft |
Source: MetroList Services of CA #15068016 Report a problem | ||
| 1/12/2016 | Pending sale | $329,000$335/sqft |
Source: Lyon Real Estate #15068016 Report a problem | ||
| 1/7/2016 | Listed for sale | $329,000$335/sqft |
Source: Lyon Real Estate #15068016 Report a problem | ||
| 12/2/2015 | Pending sale | $329,000$335/sqft |
Source: Lyon Real Estate #15068016 Report a problem | ||
| 10/22/2015 | Listed for sale | $329,000+62.1%$335/sqft |
Source: Lyon Real Estate #15068016 Report a problem | ||
| 8/30/2013 | Listing removed | $1,050$1/sqft |
Source: Owner Report a problem | ||
| 8/23/2013 | Listed for rent | $1,050$1/sqft |
Source: Owner Report a problem | ||
| 5/29/2012 | Sold | $203,000-34.5%$207/sqft |
Source: MetroList Services of CA #12019779 Report a problem | ||
| 8/8/2007 | Sold | $310,000-18.2%$316/sqft |
Source: Public Record Report a problem | ||
| 6/27/2005 | Sold | $379,000+1795%$386/sqft |
Source: Public Record Report a problem | ||
| 11/3/1997 | Sold | $20,000$20/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $390,647 +2% |
| 2025 | $4,638 -47.3% | $382,988 +2% |
| 2024 | $8,806 +97.2% | $375,479 +2% |
| 2023 | $4,465 +1.7% | $368,118 +2% |
| 2022 | $4,389 +7% | $360,901 +2% |
| 2021 | $4,103 -0.8% | $353,825 +1% |
| 2020 | $4,135 +2.2% | $350,198 +2% |
| 2019 | $4,046 +2.7% | $343,332 +2% |
| 2018 | $3,939 +1.5% | $336,600 +4.3% |
| 2017 | $3,880 +47.3% | $322,834 +49.9% |
| 2016 | $2,634 +1.5% | $215,389 +1.5% |
| 2015 | $2,595 +2.6% | $212,154 +2% |
| 2014 | $2,529 | $207,999 +0.5% |
| 2013 | -- | $207,060 +2% |
| 2012 | -- | $203,000 -20.3% |
| 2011 | -- | $254,777 -7% |
| 2010 | -- | $273,954 -11.6% |
| 2008 | -- | $310,000 -8.3% |
| 2007 | -- | $338,000 -12.6% |
| 2006 | -- | $386,580 +76.3% |
| 2005 | -- | $219,300 +2% |
| 2004 | -- | $215,000 +76.3% |
| 2003 | -- | $121,985 +2% |
| 2002 | -- | $119,594 +2% |
| 2001 | -- | $117,250 +2% |
| 2000 | -- | $114,952 |
Find assessor info on the county website
Neighborhood: Tahoe Park
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Nearby schools
GreatSchools rating
- 5/10Tahoe Elementary SchoolGrades: K-6Distance: 0.2 mi
- 4/10Omoja International AcademyGrades: 7-12Distance: 0.9 mi
- 3/10Hiram W. Johnson High SchoolGrades: 9-12Distance: 0.8 mi
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Estimated market value
$723,800
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$723,800
