
Sacramento, CA 95819
This Charming Fab 40s Residence is a Strong Value Opportunity, listed at $649,950—positioned well below the $662,951 Fair Market Value by 2%. This valuation gap offers $13,001 in Instant Equity for the buyer. The home maintains a Condition Rating of 3, featuring a modern Granite Kitchen and original hardwood floors. Located near Top-Rated Schools like Caleb Greenwood Elementary, this property balances neighborhood prestige with long-term stability. It is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1221 48th St Subject 2 bd · 1 ba · 990 sqft · $670 | $649,950* List Price | 2 | 1 | 990 | $670 | - |
A 4329 I Street Sold 2 bd · 1 ba · 960 sqft · $755 · 0.4 mi | $725,000 | 2 | 1 | 960 | $755 | 0.4 mi |
B 889 54th Street Sold 2 bd · 1 ba · 1,034 sqft · $658 · 0.5 mi | $680,000 | 2 | 1 | 1,034 | $658 | 0.5 mi |
C 73 Coloma Way Sold 2 bd · 1 ba · 1,079 sqft · $626 · 1.0 mi | $675,000 | 2 | 1 | 1,079 | $626 | 1.0 mi |
D 1725 50th Street Sold 2 bd · 1 ba · 952 sqft · $688 · 0.5 mi | $654,900 | 2 | 1 | 952 | $688 | 0.5 mi |
E 4308 G Street Sold 2 bd · 1 ba · 1,153 sqft · $708 · 0.5 mi | $816,000 | 2 | 1 | 1,153 | $708 | 0.5 mi |
F 1617 42nd Street Sold 2 bd · 2 ba · 1,149 sqft · $657 · 0.5 mi | $755,000 | 2 | 2 | 1,149 | $657 | 0.5 mi |
G 1323 62nd Street Sold 2 bd · 1 ba · 800 sqft · $699 · 1.0 mi | $559,000 | 2 | 1 | 800 | $699 | 1.0 mi |
H 1864 46th Street Sold 2 bd · 1 ba · 1,075 sqft · $520 · 0.6 mi | $559,000 | 2 | 1 | 1,075 | $520 | 0.6 mi |
I 847 56th Street Pending 2 bd · 1 ba · 934 sqft · $664 · 0.6 mi | $619,950 List Price | 2 | 1 | 934 | $664 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1946, the home features a modern kitchen renovation with gray cabinetry, granite countertops, and stainless steel appliances likely updated within the last 5-15 years. The interior is move-in ready with refinished hardwood floors, vaulted ceilings, and updated lighting, showing pride of ownership and functional systems.
Situated in the prestigious 'Fab 40s' neighborhood of East Sacramento, this property offers exceptional desirability and long-term value retention in one of the city's most sought-after areas.
The home features unique vaulted ceilings with exposed wood beams and original hardwood floors, seamlessly blending 1940s vintage charm with modern kitchen updates like granite countertops and a gas range.
The property boasts a long gated driveway leading to a detached two-car garage, a rare and valuable asset for the neighborhood that provides both security and ample storage.
At just 990 square feet with only two bedrooms and a single bathroom, the interior footprint may be restrictive for growing families or those requiring a dedicated home office.
The listing price reflects a significant premium per square foot, which may be a deterrent for buyers seeking more interior volume or a second bathroom at this price point.
Welcome to 1221 48th Street, an inviting 2-bedroom, 1-bath home in East Sacramento's Fab 40s. Framed by mature shade trees, this 990 sqft. home blends classic character with thoughtful updates. Hardwood floors and vaulted ceilings with exposed wood beams highlight the living room, where a large picture window overlooks the front yard. A fireplace with a classic mantel and built-in shelving adds to the home's appeal. The kitchen features gray cabinetry, granite countertops, a gas range, and recessed lighting, with an adjoining dining area for everyday meals and gatherings. Hardwood floors continue into both bedrooms, one with French doors opening to the backyard. A full bathroom and separate laundry room with storage and outdoor access complete the interior. Outdoors, a gravel patio, lawn, and raised garden beds provide space to entertain, relax, and garden. A long gated driveway leads to a detached two car garage. With great schools and neighborhood parks nearby, this home brings together character, comfort, and a sought after Fab 40s location.
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades K-6 • 0.9 mi
Grades K-6 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 990 | 1,541.53 |
| Lot Size | 5,929 | 6,320.667 |
| Price | $650.0K | $503.2K |
| Price per sq ft | $657 | $331 |
| Built year | 1946 | 1975 |
| HOA | $0 | $130 |
| Days on market | 2 | 47 |
Oct 22, 2026
$649,950
Initial Listing
Sep 28, 2023
$620,000
Public Record
Sep 2, 1998
$163,000
Public Record