4601 Palm Avenue 2, Sacramento, CA 95842, Sacramento, 95842 - 2 bed, 1 bath
4601 Palm Avenue 2
Sacramento, CA 95842
Property Price
SUMMARY
Analysis of 4601 Palm Avenue 2, Sacramento, CA 95842 is currently available with a list price of $194,900. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1970, the property has undergone an extensive recent renovation within the last 5 years. The interior features brand new GE and Frigidaire appliances, granite countertops, new carpeting with thick padding, fresh paint, and updated dual-pane windows. The bathroom includes a newly re-grouted tile shower surround, making the unit fully turnkey and meeting modern quality standards.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Interior Updates
The unit features a completely remodeled interior with granite countertops, brand new GE and Frigidaire appliances, new carpet, and dual-pane windows, offering a modern, move-in-ready experience.
- Prime Location and Views
Situated across from open land, the property benefits from unobstructed south-facing sunset views and the added privacy of having no neighbors directly across the street.
- Strong Investment Potential
With a competitive price point under $200k, in-unit laundry, and garage parking, this property is an ideal candidate for high-yield cash flow or an affordable starter home.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2047, other record lot size in square feet = 1835.
- Aging Infrastructure
Built in 1970, the building and community facilities may require more frequent long-term maintenance compared to newer developments.
- Modest School Ratings
The local school district features lower ratings, specifically a rating of 2 for the nearest elementary school, which may impact appeal for families prioritizing education.
About 4601 Palm Avenue 2
Location is paramount when it comes to this two bedroom, one bath McKeon condo, situated on the perfect section of Palm Avenue. Across from former rustic ranchette with open land, this unit benefits from unobstructed south-facing sunset views, abundant natural light, ample parking, and all the advantages that come from having no neighbors across the street. Completely updated interior with in-unit washer and dryer, dual pane windows, granite countertops, tile shower surround, brand new GE and Frigidaire appliances, new carpet with thick padding, fresh paint, re-grouted tile. Garage parking available with extra storage dedicated to unit. Community amenities include pool, exterior maintenance, garbage, water, and sewer. Perfect starter home or investment property with established rental interest and excellent cash-flow.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1970
- Lot Size
- 2,047 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $350 / Month
Neighborhood Insights
Sacramento Unified Schools
Woodridge Elementary School
Grades K-4 • 0.4 mi
Madison Elementary School
Grades K-6 • 0.8 mi
Hillsdale Elementary School
Grades K-6 • 1.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 840 | 924 | 40% |
| Lot Size | 2,047 | 353 | 65% |
| Price | $194.9K | $191.0K | 55% |
| Price per sq ft | $232 | $222 | 55% |
| Built year | 1970 | 1974 | 50% |
| HOA | $350 | $349 | 55% |
| Days on market | 30 | 175 | 5% |
Pricing History
Listed for Sale
Feb 5, 2026
$194,900
Initial Listing
Sold
Dec 14, 2020
$152,000
Public Record
Sold
Oct 7, 2016
$77,000
Public Record
Sold
Sep 30, 2013
$68,000
Public Record
Sold
Mar 31, 2003
$88,000
Public Record