3261 36th Avenue, Sacramento, CA 95824, Sacramento, 95824 - 5 bed, 2 bath
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Sacramento, CA 95824
This property presents a High-Potential Investment Opportunity with a List Price of $398,888—positioned well above the $335,945 Fair Market Value by 18%. While the price reflects a premium, the Fair Condition Rating and 0.25-acre lot offer significant value-add potential through modernization and ADU development. The flexible 5-bedroom layout supports multi-generational living or dual-income rental strategies. Despite lower-rated local schools, the high bedroom count and land utility make this a strategic acquisition for Buy-and-Hold Investors or first-time buyers focused on long-term equity growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3261 36th Avenue Subject | $398,888* List Price | 5 | 2 | 1,536 | $219 | - |
A 5637 44th Street Sold | $280,000 | 3 | 1 | 1,480 | $189 | 0.9 mi |
B 6244 43rd Street Pending | $399,900 List Price | 3 | 2 | 1,433 | $279 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1946, the property shows signs of age with a kitchen and bathrooms that appear to be 25-30+ years old. While the interior has received surface-level updates like fresh paint and some newer laminate/tile flooring, the cabinetry, fixtures, and built-ins remain dated. The listing description specifically targets 'renovation enthusiasts,' confirming that while functional, the home requires significant modernization to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10890, living area = 1536.
The flexible layout offers the unique possibility of two separate living areas, making it an ideal candidate for house-hacking, multi-generational living, or generating dual rental income.
Situated on a generous 0.25-acre lot, the property provides ample space for RV access and the significant potential to add an Accessory Dwelling Unit (ADU) to maximize land utility.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
Built in 1946 and marketed specifically to renovation enthusiasts, the property likely requires substantial capital investment to address aging systems and modern cosmetic needs.
The local elementary and middle schools carry lower performance ratings (2 and 3), which may impact the property's appeal to families prioritizing high-ranking educational districts.
Calling all first-time homebuyers, investors, and renovation enthusiasts this property is packed with possibilities! Featuring 5 bedrooms, 2 bathrooms, a two-car garage, and an approximately 0.25-acre lot, there is plenty of space to bring your vision to life. Roof Replacement in 2024. The flexible layout may offer the potential for two separate living areas, live on one side and rent out the other, or explore additional income-producing possibilities. The generous lot may also provide possible RV access and room for a future ADU. Bring your ideas and unlock the potential!
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades K-6 • 0.9 mi
Grades 7-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,536 | - |
| Lot Size | 10,890 | - |
| Price | $398.9K | $505.7K |
| Price per sq ft | $260 | $341 |
| Built year | 1946 | 0 |
| HOA | $0 | $0 |
| Days on market | 7 | 42 |
Jul 15, 2026
$398,888
Initial Listing
Nov 2, 2010
$55,000
Public Record
Oct 21, 2004
$230,000
Public Record