4240 Attawa Avenue, Sacramento, CA 95822, Sacramento, 95822 - 2 bed, 1 bath
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4240 Attawa Avenue
Sacramento, CA 95822
ACTIVE
CONDITION: GOOD
2Beds
1Baths
768Sq Ft
4,500Lot Size
Property Price
LIST PRICE$359,900
EST. MARKET VALUE
$372,862
3% BelowMARKET VALUE
SUMMARY
This Hybrid Residential Property represents a High-Potential Investment Opportunity, listed at $359,900—positioned well below the $372,862 Fair Market Value by 3%. This valuation gap offers $12,962 in Instant Equity. Featuring a Condition Rating of 3, the home offers a move-in-ready foundation with significant ADU & Expansion Potential on its 4,500 sqft lot. With a unique upstairs retreat and proximity to Crocker/Riverside Elementary, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking long-term value.
Estimated Market Value
$372,862+$12,962 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 4240 Attawa Avenue Subject | $359,900* List Price | 2 | 1 | 768 | $485 | - |
A 5605 Helen Way Sold | $380,000 | 2 | 1 | 833 | $456 | 0.9 mi |
B 2097 20th Avenue Sold | $395,000 | 2 | 1 | 772 | $512 | 0.3 mi |
C 5653 Bradd Way Sold | $400,000 | 2 | 1 | 833 | $480 | 1.0 mi |
D 4260 Attawa Avenue Active | $435,000 List Price | 3 | 2 | 963 | $452 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1940, the property is in well-maintained, move-in-ready condition. It features a previous renovation (likely 15-20 years old) including recessed lighting, crown molding, and ceramic tile flooring. The kitchen and bathroom are fully functional but dated with older tile countertops and mixed appliances.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Crocker/Riverside Elementary School (9/10).
- ADU & Expansion Potential
The generous 4,500 sqft lot features a charming studio shed and driveway access to the backyard, providing excellent opportunities for a future ADU or detached garage.
- Architectural Character
The home boasts unique design elements, including an upstairs retreat with dramatic pitched ceilings and warm wood details that add significant personality and charm.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4500, other record lot size in square feet = 5049.
- Compact Living Space
At just 768 square feet with a single bathroom, the home's small footprint may limit its appeal to larger households or those seeking more interior room.
- Local School Ratings
Several of the immediate neighborhood schools carry low performance ratings (2-3), which may be a concern for families prioritizing educational quality.
About 4240 Attawa Avenue
Welcome to 4240 Attawa Ave, a charming 2-bedroom, 1-bath detached home in Sacramento's 95822. Full of personality and thoughtfully designed, this move-in-ready home lives larger than expected. The inviting living and dining spaces flow into a functional kitchen, while the main-level bedroom offers comfort and convenience. Upstairs, discover an impressively spacious bedroom retreat with dramatic pitched ceilings, warm wood details and plenty of room for a sitting area, home office or creative space. Outside is where this property really surprises. A generous backyard with garden beds, a charming shed perfect for a studio, workshop or she shed, and space to create your own outdoor retreat. The driveway offers potential access into the backyard, creating exciting possibilities for a future ADU or detached garage, subject to buyer verification and approvals. With no HOA and convenient access to shopping, dining and Downtown Sacramento, this character-filled home offers space, privacy and possibilities that are increasingly hard to find.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1940
- Lot Size
- 4,500 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
Sacramento Unified Schools
Ethel Phillips Elementary School
Grades K-6 • 0.5 mi
3/10
Hollywood Park Elementary School
Grades K-6 • 0.5 mi
2/10
Sutterville Elementary School
Grades K-6 • 1.0 mi
6/10
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 | 768 | 1,540.857 |
| Lot Size | 4,500 | 6,330.116 |
| Price | $359.9K | $508.1K |
| Price per sq ft | $469 | $333 |
| Built year | 1940 | 1975 |
| HOA | $0 | $128 |
| Days on market | 7 | 45 |
Pricing History
Listed for Sale
Sep 2, 2026
$359,900
Initial Listing
Sold
Jul 27, 2012
$40,000
Public Record