3721 40Th Avenue, Sacramento, CA 95824, Sacramento, 95824 - 2 bed, 2 bath
3721 40Th Avenue
Sacramento, CA 95824
Property Price
SUMMARY
Analysis of 3721 40Th Avenue, Sacramento, CA 95824 reveals a Fairly Priced Property with a current list price of $365,000 aligned with the estimated $364,687 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the 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 |
|---|---|---|---|---|---|---|
★ 3721 40Th Avenue Subject | $365,000* List Price | 2 | 2 | 955 | $382 | - |
A 4305 37th Avenue Sold | $329,000 | 3 | 1 | 1,050 | $313 | 0.5 mi |
B 5900 Mendocino Sold | $340,000 | 3 | 1 | 875 | $389 | 0.3 mi |
C 2930 34th Avenue Sold | $325,000 | 2 | 1 | 953 | $341 | 0.6 mi |
D 5637 Vista Avenue Sold | $280,000 | 2 | 1 | 780 | $359 | 1.0 mi |
E 4225 42ND Avenue Active | $379,000 List Price | 2 | 1 | 1,042 | $364 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1952, this property is over 70 years old. While the exterior appears maintained from the provided image, there are no interior photos or details of recent renovations. The listing's property analysis highlights 'Older Construction' with potential for outdated systems and a need for significant renovations. Without interior information, it's assumed that the kitchen, bathrooms, and other interior components are functional but likely outdated, requiring minor updates or repairs to meet modern standards. This aligns with a 'Fair' condition score.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8398, living area = 955.
- Generous Lot Size & Expansion Potential
The 8,398 sqft lot provides ample space for future expansion of the existing structure, adding an ADU, or creating extensive outdoor living areas, offering significant value-add opportunities.
- Accessible Price Point
Listed at $365,000, this property offers an attractive and accessible entry-level price point for homebuyers or investors in the Sacramento market.
CONSRISKS & DEFICIENCIES
- Compact Interior Space
With only 955 sqft of living space, the interior is relatively small, which may limit comfort for larger households or those desiring more expansive living areas.
- Older Construction
Built in 1952, the home is over 70 years old, suggesting potential for outdated systems (plumbing, electrical), deferred maintenance, or the need for significant renovations to meet modern standards.
- Limited Bathroom Count
The property features 1.5 bathrooms, which may not adequately serve the needs of all potential buyers, especially if the property were to be expanded or host more occupants.
About 3721 40Th Avenue
Two bedroom, one and a half baths house sits on a lot that has room for expanstion.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1952
- Lot Size
- 8,398 Sq. Ft.
Interior
- Total Bedrooms
- 2
- 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 | 2.0 | 3.0 | 17% |
| Baths | 2.0 | 1.0 | 56% |
| Square foot | 955 | 1,134.5 | 24% |
| Lot Size | 8,398 | 6,098 | 86% |
| Price | $365.0K | $370.0K | 45% |
| Price per sq ft | $382 | $323 | 80% |
| Built year | 1952 | 1954 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 171 | 3% |
Pricing History
Listed for Sale
Jan 30, 2026
$365,000
Initial Listing
Sold
Mar 15, 2023
$312,500
Public Record
Sold
Aug 29, 2019
$187,500
Public Record
Sold
Jun 16, 2009
$37,500
Public Record
Sold
Jan 9, 2006
$290,000
Public Record
Sold
Aug 11, 2005
$221,000
Public Record