2741 Rice Avenue, West Sacramento, CA 95691, West Sacramento, 95691 - 3 bed, 2 bath
2741 Rice Avenue
West Sacramento, CA 95691
Property Price
SUMMARY
Analysis of 2741 Rice Avenue, West Sacramento, CA 95691 reveals a Prime Investment Opportunity with a current list price of $449,999—significantly undercutting the $541,219 Fair Market Value by 16%. This valuation gap indicates a +$91,220 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the West Sacramento Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2741 Rice Avenue Subject | $449,999* List Price | 3 | 2 | 1,445 | $375 | - |
A 1925 Willow Avenue Sold | $415,000 | 2 | 1 | 1,200 | $346 | 0.8 mi |
B 1604 Rockrose Road Sold | $415,000 | 3 | 2 | 1,381 | $301 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1946, the property has undergone an extensive recent renovation that meets current quality standards. The home features a fully remodeled kitchen with quartz countertops, farmhouse sink, and stainless steel appliances, along with modern laminate flooring, fresh paint, and a freshly updated ADU. The inclusion of owned solar and the move-in-ready condition with no deferred maintenance justify the highest rating.
PROSSTRENGTHS & OPPORTUNITIES
- Modernized Kitchen and Interior
The home features a fully remodeled kitchen with quartz countertops and stainless steel appliances, complemented by fresh paint and modern laminate flooring throughout, offering a move-in-ready experience.
- Versatile ADU
The freshly updated Accessory Dwelling Unit (ADU) adds significant value and flexibility, serving as a potential income-producing rental, private guest suite, or dedicated home office.
- Energy Efficiency
The property includes an owned solar system, providing the homeowner with substantial long-term savings on utility costs and enhancing the home's overall sustainability.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1445, other record living area = 1045.
- Vintage Infrastructure
Built in 1946, the property may have aging core systems such as plumbing or electrical that could require more maintenance compared to newer constructions, despite the cosmetic updates.
- Lot Density
With both a main residence and an ADU on a 6,142 square foot lot, the available yard space and off-street parking may feel constrained for households with multiple vehicles or those seeking expansive outdoor areas.
About 2741 Rice Avenue
This beautifully updated 3-bedroom, 2-bath home has been freshly painted and showcases a fully remodeled kitchen featuring quartz countertops, modern white cabinetry, a farmhouse sink, and stainless steel appliances. Remodeled gem filled with abundant natural light and a large, private backyard oasis complete with fruit trees. The spacious living area offers an open, comfortable flow, complemented by modern laminate flooring throughout, owned solar for energy efficiency, and a convenient indoor laundry area. Step outside to the expansive backyardperfect for entertaining, gardening, or simply enjoying outdoor living. A freshly updated ADU adds exceptional versatility and value, ideal for use as an income-producing rental, private workspace, guest quarters, or art studio.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1946
- Lot Size
- 6,142 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,445 | 1,718 | 32% |
| Lot Size | 6,142 | 6,000 | 56% |
| Price | $450.0K | $550.0K | 22% |
| Price per sq ft | $311 | $312 | 50% |
| Built year | 1946 | 2002 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 177 | 1% |
Pricing History
Listed for Sale
Feb 19, 2026
$449,999
Initial Listing
Sold
Jul 19, 2022
$380,000
Public Record
Sold
Jan 23, 2017
$223,000
Public Record