4046 Washington Avenue, Sacramento, CA 95820, Sacramento, 95820 - 3 bed, 1 bath
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4046 Washington Avenue
Sacramento, CA 95820
ACTIVE
CONDITION: FAIR
3Beds
1Baths
1,010Sq Ft
6,098Lot Size
Property Price
LIST PRICE$430,000
EST. MARKET VALUE
$407,174
5% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $430,000—positioned well above the $407,175 Fair Market Value by -5%. While the home requires updates due to its Fair Condition Rating, the 6,098-square-foot lot and 2-car garage provide significant utility. The functional 3-bedroom layout offers a solid foundation for value-add renovations. Given the dated infrastructure, this asset is best suited for Buy-and-Hold Investors or first-time buyers capable of performing cosmetic improvements to build long-term equity.
Estimated Market Value
$407,174
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 |
|---|---|---|---|---|---|---|
★ 4046 Washington Avenue Subject 3 bd · 1 ba · 1,010 sqft · $403 | $430,000* List Price | 3 | 1 | 1,010 | $403 | - |
A 4015 San Carlos Way Sold 2 bd · 1 ba · 1,080 sqft · $343 · 0.1 mi | $370,000 | 2 | 1 | 1,080 | $343 | 0.1 mi |
B 3424 45th Street Sold 3 bd · 1 ba · 922 sqft · $352 · 0.6 mi | $325,000 | 3 | 1 | 922 | $352 | 0.6 mi |
C 3723 E Pacific Avenue Sold 2 bd · 1 ba · 976 sqft · $502 · 0.9 mi | $490,000 | 2 | 1 | 976 | $502 | 0.9 mi |
D 4916 13th Avenue Sold 2 bd · 1 ba · 1,396 sqft · $329 · 0.8 mi | $459,000 | 2 | 1 | 1,396 | $329 | 0.8 mi |
E 3813 23rd Avenue Active 3 bd · 1 ba · 1,096 sqft · $341 · 0.4 mi | $374,000 List Price | 3 | 1 | 1,096 | $341 | 0.4 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 1955, this home is over 60 years old and shows signs of aging consistent with the 'Fair' category. While the kitchen has had a mid-range update (granite countertops and newer faucet), the cabinetry, wood-paneled walls, and tile flooring appear to be 20+ years old. The presence of a wall heater and older ceiling vents suggest dated HVAC systems, and the exterior driveway exhibits significant cracking, indicating a need for minor repairs and aesthetic modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Spacious Lot
The 6,098-square-foot lot provides ample space for outdoor living, gardening, or potential future expansions, offering significant value for the price point.
- Ample Parking and Storage
The inclusion of a 2-car garage is a major asset for a 1,010-square-foot home, providing secure parking and essential additional storage space.
- Strategic Location
Conveniently located near major Sacramento roadways, schools, and shopping centers, this property offers high accessibility for commuters and families.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
With only one bathroom serving three bedrooms, the layout may be less ideal for larger families and could limit the property's competitive edge in the market.
- Dated Infrastructure
Built in 1955, the home likely requires cosmetic or structural updates to meet modern standards, necessitating additional upfront investment from the buyer.
About 4046 Washington Avenue
Welcome to 4046 Washington Ave, a charming single-story home offering comfortable living in a convenient Sacramento location. This 3-bedroom, 1-bathroom residence features approximately 1,010 square feet of living space and sits on a generously sized 6,098-square-foot lot. The functional floor plan provides a comfortable setting for everyday living, while the spacious lot offers plenty of potential for outdoor enjoyment, gardening, entertaining, or future improvements. The property also includes a 2-car garage, providing convenient covered parking and additional storage. Built in 1955, this home presents an excellent opportunity for a buyer looking to make a property their own, whether for owner-occupancy or as an investment. Conveniently located near local schools, shopping, dining, parks, and major Sacramento roadways, 4046 Washington Ave offers a combination of established neighborhood character and practical living space.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1955
- Lot Size
- 6,098 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
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 | 1,010 | 1,541.53 |
| Lot Size | 6,098 | 6,320.667 |
| Price | $430.0K | $503.2K |
| Price per sq ft | $426 | $331 |
| Built year | 1955 | 1975 |
| HOA | $0 | $130 |
| Days on market | 22 | 47 |
Pricing History
Listed for Sale
Oct 2, 2026
$430,000
Initial Listing
Sold
Jul 31, 1998
$60,000
Public Record