4423 Palm Avenue 4, Sacramento, CA 95842, Sacramento, 95842 - 2 bed, 1 bath
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Sacramento, CA 95842
This Modernized Turnkey Condominium is listed at $175,000, representing a stable acquisition price that aligns with its $175,000 Fair Market Value. Boasting a Condition Score of 3, the residence features stylish updates and contemporary finishes, eliminating the need for immediate renovations. Its strategic location near major freeways and shopping is complemented by proximity to Hillsdale Elementary and Foothill Ranch Middle, enhancing long-term desirability. With a tenant-occupied status offering immediate income, this property is a secure entry point for Buy-and-Hold Investors or first-time buyers seeking a move-in-ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4423 Palm Avenue 4 Subject | $175,000* List Price | 2 | 1 | 924 | $189 | - |
A 4617 Palm Avenue 4 Sold | $180,000 | 2 | 1 | 924 | $195 | 0.2 mi |
B 4601 Palm Avenue 2 Sold | $189,000 | 2 | 1 | 840 | $225 | 0.2 mi |
C 4620 Greenholme Drive 3 Sold | $180,000 | 2 | 1 | 840 | $214 | 0.3 mi |
D 5626 Hillsdale Boulevard A Sold | $145,000 | 2 | 2 | 933 | $155 | 0.1 mi |
E 5960 Walerga Road 2 Sold | $205,000 | 2 | 1 | 840 | $244 | 0.5 mi |
F 4726 Hayford Way 4 Sold | $175,000 | 2 | 1 | 924 | $189 | 0.4 mi |
G 4427 Palm Avenue 2 Active | $179,000 List Price | 2 | 1 | 840 | $213 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the property was built in 1970, it has been modernized with stylish updates throughout, making it move-in ready. The interior features contemporary flooring and updated kitchen and bathroom elements that meet current market standards. As a tenant-occupied unit in a well-maintained state, it avoids the deferred maintenance typical of its age, though it does not qualify as 'excellent' due to the overall age of the structure and standard-grade finishes.
The property is currently tenant-occupied, offering investors a turnkey opportunity to generate immediate cash flow from day one without the hassle of finding a new tenant.
Ideally situated near major freeways and shopping centers, this location is a significant draw for commuters and residents seeking easy access to daily amenities.
Featuring stylish updates throughout, the condo provides a contemporary living space that reduces the need for immediate renovation costs for the next owner.
The monthly HOA fee of $325 adds a consistent overhead cost that buyers must factor into their monthly budget and overall return on investment.
With some assigned schools rated as low as 2 out of 10, the property may face limited appeal among families prioritizing high-performing educational districts.
This modern 2-bedroom, 1-bathroom condo features stylish updates throughout. Perfectly located near **freeways and shopping**, it's a commuter's dream. Currently **tenant-occupied**, offering immediate income for investors or the flexible option for an **owner-occupant** to move in later. A fantastic opportunity for buyers seeking comfort and convenience!
No exterior & parking available.
Grades K-4 • 0.5 mi
Grades K-6 • 0.7 mi
Grades K-6 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 924 | 924 | 50% |
| Lot Size | 2,200 | - | 93% |
| Price | $175.0K | $189.5K | 29% |
| Price per sq ft | $189 | $220 | 29% |
| Built year | 1970 | 1977 | 43% |
| HOA | $325 | $356 | 14% |
| Days on market | 76 | 136 | 14% |
Feb 5, 2026
$175,000
Initial Listing
Nov 15, 2021
$189,000
Public Record
May 17, 2021
$122,000
Public Record
Mar 7, 2003
$87,000
Public Record