3241 24th Avenue, Sacramento, CA 95820, Sacramento, 95820 - 2 bed, 1 bath
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3241 24th Avenue
Sacramento, CA 95820
ACTIVE
CONDITION: POOR
2Beds
1Baths
864Sq Ft
6,534Lot Size
Property Price
LIST PRICE$252,000
EST. MARKET VALUE
$237,046
6% AboveMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $252,000—positioned well below the $237,046 Fair Market Value by -6%. While the home carries a Condition Rating of 5, the expansive 6,534 square foot lot and detached garage provide significant upside for forced appreciation through renovation. The property is a prime candidate for FHA 203(k) financing, allowing for a comprehensive rehabilitation. This is a high-reward acquisition ideal for Fix-and-Flip Investors or first-time buyers seeking to build equity through sweat equity.
Estimated Market Value
$237,046
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 |
|---|---|---|---|---|---|---|
★ 3241 24th Avenue Subject 2 bd · 1 ba · 864 sqft · $274 | $252,000* List Price | 2 | 1 | 864 | $274 | - |
A 3261 24th Avenue Pending 2 bd · 1 ba · 868 sqft · $334 · 0.0 mi | $290,000 List Price | 2 | 1 | 868 | $334 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1964, this property is over 60 years old and requires a full renovation, as highlighted by its marketing for an FHA 203(k) rehabilitation loan. Interior photos show cosmetic wear and potential moisture/mold issues near the baseboards.
PROSSTRENGTHS & OPPORTUNITIES
- Investment Potential
Priced competitively at $252,000, this property offers a significant entry-level opportunity for investors or first-time buyers looking to build equity through renovation.
- Expansive Lot
The generous 6,534 square foot lot includes a detached garage, providing ample space for outdoor living, potential ADU development, or future home expansion.
- Financing Versatility
The property is a prime candidate for FHA 203(k) renovation loans, allowing buyers to bundle purchase and improvement costs into a single mortgage.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Required
The home is in need of significant updates and repairs, which will require a buyer with the vision and budget to manage a full-scale renovation project.
- Compact Living Area
With only 864 square feet of living space and a 2-bedroom, 1-bath layout, the property may be too small for growing families or those requiring a home office.
About 3241 24th Avenue
Opportunity awaits at 3241 24th Ave! This 2-bedroom, 1-bath home offers a great opportunity for a buyer ready to bring their vision and personal touches. The property features a detached garage and a large lot, providing plenty of possibilities for outdoor living, additional improvements, or future use. The home is in need of renovation and may be a great candidate for an FHA 203(k) renovation loan, allowing qualified buyers to finance the purchase and eligible improvements into one loan. Bring your ideas and transform this property into the home you've been looking for!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1964
- Lot Size
- 6,534 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 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 |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 864 | 1,541.53 |
| Lot Size | 6,534 | 6,320.667 |
| Price | $252.0K | $503.2K |
| Price per sq ft | $292 | $331 |
| Built year | 1964 | 1975 |
| HOA | $0 | $130 |
| Days on market | 32 | 47 |
Pricing History
Listed for Sale
Sep 22, 2026
$252,000
Initial Listing
Sold
Sep 18, 2020
$275,000
Public Record
Sold
Apr 24, 2018
$200,000
Public Record
Sold
Feb 16, 2018
$140,000
Public Record
Sold
Nov 24, 1993
$55,500
Public Record