
Sacramento, CA 95819
This property presents a High-Potential Investment Opportunity with a List Price of $599,000—positioned well below the $540,129 Fair Market Value by -10%. While the home carries a Condition Rating of 5 due to necessary foundation repairs, the expansive 50x131 lot and Detached Two-Car Garage provide significant upside for expansion or an ADU. Located near McKinley Park and top-rated schools like Caleb Greenwood Elementary, this is a strategic acquisition for Fix-and-Flip Investors or Contractors ready to execute a value-add renovation in a prime East Sacramento pocket.
Rare East Sacramento fixer-upper on a deep 50x131 lot. Features detached 2-car garage, near McKinley Park and top schools. High-potential investment opportunity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 407 Pala Way Subject | $599,000* List Price | 2 | 1 | 988 | $547 | - |
A 421 40th Street Sold | $465,000 | 2 | 1 | 931 | $499 | 0.5 mi |
B 913 N 55th Street Sold | $570,000 | 3 | 1 | 1,142 | $499 | 0.5 mi |
C 1208 55th Street Sold | $570,000 | 2 | 1 | 912 | $625 | 0.7 mi |
D 131 46th Street Sold | $623,000 | 2 | 1 | 1,068 | $583 | 0.3 mi |
E 1113 56th Street Sold | $550,000 | 2 | 2 | 1,023 | $538 | 0.7 mi |
F 1231 Rodeo Way Sold | $588,000 | 2 | 1 | 978 | $601 | 0.6 mi |
G 5000 Reid Way Active | $599,000 List Price | 2 | 1 | 906 | $661 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1939, the property has significant structural foundation issues disclosed in the listing. While it features a newer roof and a remodeled bath, the kitchen is dated with older tile and appliances, and the overall age and structural requirements necessitate a rehab-level investment.
Situated in a highly sought-after pocket near McKinley Park and local favorites like Selland’s and Temple Coffee, offering exceptional walkability and neighborhood charm.
The deep 50x131 lot provides a rare opportunity for a future ADU or home addition, allowing buyers to significantly increase the property's value and square footage.
Unlike many homes on this specific block, this property features a detached two-car garage, providing valuable off-street parking and additional storage space.
The property has disclosed foundation issues that require professional remediation, representing an immediate and necessary capital expenditure for the buyer.
With under 1,000 square feet and only one bathroom, the current footprint is small for modern living standards and may require further investment to expand.
Some homes are finished. This one is honest. Built in 1939 and held by the same family for forty-seven years, 407 Pala Way is a rare thing in East Sacramento, an actual entry point. Two bedrooms, a remodeled bath, original hardwood floors that have heard nearly nine decades of family conversations, and a presidential roof already taken care of. The foundation work is disclosed, estimated, and reflected in the price. You stop guessing. You start planning. The lot is the secret: 50 x 131, deep enough for a future addition, an ADU, or the garden you've been sketching on the back of envelopes. The detached two-car garage is rare on this block. So is the block itself: a charming pocket between 46th and 51st, two minutes from McKinley Park, a short walk to Selland's and Temple Coffee, and from Pops in the Park, the summer concert series that turns this neighborhood into its best version of itself in June on Saturday nights. This isn't a flip. It's a foundation, in every sense, for the next buyer ready to own a piece of the neighborhood they've been driving through for years. Full disclosure package available before showings, with respect for what came before and excitement for what comes next.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades K-6 • 0.7 mi
Grades K-6 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 41% |
| Baths | 1.0 | 2.0 | 41% |
| Square foot | 988 | 1,303 | 30% |
| Lot Size | 6,499 | 5,719 | 73% |
| Price | $599.0K | $725.0K | 24% |
| Price per sq ft | $606 | $564 | 65% |
| Built year | 1939 | 1942 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 143 | 3% |
May 28, 2026
$599,000
Initial Listing