2940 36th Ave, Sacramento, CA 95824, Sacramento, 95824 - 3 bed, 1 bath
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2940 36th Ave
Sacramento, CA 95824
ACTIVE
CONDITION: FAIR
3Beds
1Baths
1,047Sq Ft
5,663Lot Size
Property Price
LIST PRICE$299,800
EST. MARKET VALUE
$306,339
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $299,800—positioned well below the $306,339 Fair Market Value by 2%. This valuation gap offers $6,539 in Instant Equity for buyers. Featuring a Condition Rating of 4, the home includes a newer 2021 roof and an oversized backyard, though it requires cosmetic updates. This is a functional, entry-level asset ideal for Buy-and-Hold Investors or first-time buyers seeking to build long-term value through renovation.
Estimated Market Value
$306,339
Based on Realkey algorithm analyzing recent comparable sales in Sacramento.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2940 36th Ave Subject 3 bd · 1 ba · 1,047 sqft · $293 | $299,800* List Price | 3 | 1 | 1,047 | $293 | - |
A 3080 34th Avenue Sold 3 bd · 2 ba · 1,084 sqft · $281 · 0.1 mi | $305,000 | 3 | 2 | 1,084 | $281 | 0.1 mi |
B 5900 41st Street Sold 3 bd · 1 ba · 1,225 sqft · $265 · 0.8 mi | $325,000 | 3 | 1 | 1,225 | $265 | 0.8 mi |
C 3214 35th Avenue Active 2 bd · 1 ba · 953 sqft · $357 · 0.2 mi | $339,999 List Price | 2 | 1 | 953 | $357 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1950, the property features a newer roof (2021) but remains dated overall. The interior shows basic tile and laminate flooring with a very dated bathroom vanity and fixtures. The use of window AC units suggests a lack of modern central HVAC, and the laundry area is unfinished. It is functional and move-in ready but requires significant cosmetic and system updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Recent Capital Improvement
The property features a newer roof installed in 2021, significantly reducing immediate maintenance concerns and providing long-term value for the buyer.
- Expansive Outdoor Space
The oversized backyard offers exceptional potential for outdoor entertaining, gardening, or future ADU possibilities, which is a standout feature for this price point.
- Entry-Level Affordability
Priced under $300,000, this 3-bedroom residence represents a highly accessible entry point for first-time homeowners or investors looking for a functional layout in the Sacramento market.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
With three bedrooms but only one bathroom, the property may face functional limitations for larger families or those accustomed to modern master suites.
- Local School Ratings
The assigned elementary and middle schools currently hold lower performance ratings, which could be a consideration for families prioritizing educational metrics or long-term resale value.
About 2940 36th Ave
Welcome to 2940 36th Ave, a charming 3-bedroom, 1-bath home in Sacramento's 95824 area. Offering approximately 1,047 sq/ft of living space, this property presents a great opportunity for homeowners, first-time buyers, or investors looking for a home with potential. Newer roof and was replaced in 2021. Huge backyard for family gathering and BBQ party. The functional floor plan provides comfortable living areas and three bedrooms, offering flexibility for family living, a home office, or guest space. The property's established residential setting provides convenient access to everyday amenities, shopping, dining, schools, and major Sacramento thoroughfares.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1950
- Lot Size
- 5,663 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sacramento Unified Schools
Pacific Elementary School
Grades K-6 • 0.9 mi
2/10
Ethel Phillips Elementary School
Grades K-6 • 0.9 mi
3/10
Fern Bacon Middle School
Grades 7-8 • 1.4 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,047 | 1,541.53 |
| Lot Size | 5,663 | 6,320.667 |
| Price | $299.8K | $503.2K |
| Price per sq ft | $286 | $331 |
| Built year | 1950 | 1975 |
| HOA | $0 | $130 |
| Days on market | 18 | 47 |
Pricing History
Listed for Sale
Oct 6, 2026
$299,800
Initial Listing
Sold
Mar 10, 2010
$55,000
Public Record