4640 39th Avenue, Sacramento, CA 95824, Sacramento, 95824 - 2 bed, 1 bath
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Sacramento, CA 95824
This property presents a High-Potential Investment Opportunity with a List Price of $300,000—positioned well below the $286,172 Fair Market Value by -4%. While the property requires significant capital to address its Condition Rating of 5, the functional layout featuring two fireplaces and a spacious backyard with a patio provides a solid foundation for value-add renovations. This asset is best suited for Fix-and-Flip Investors or Contractors capable of executing a comprehensive modernization strategy to maximize long-term returns.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4640 39th Avenue Subject | $295,000* List Price | 2 | 1 | 1,213 | $220 | - |
A 4304 E Iowa Avenue Sold | $335,000 | 3 | 2 | 1,536 | $218 | 0.4 mi |
B 5637 44th Street Sold | $280,000 | 3 | 1 | 1,480 | $189 | 0.5 mi |
C 5629 49th Street Pending | $275,000 List Price | 3 | 1 | 1,034 | $266 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1951 and explicitly marketed as a 'fixer-upper' for investors, this property shows significant age with interior finishes like linoleum flooring and wood paneling that appear to be over 40 years old. The lack of recent renovations and the call for 'sweat equity' to address its condition place it in the rehab category.
Priced competitively as a fixer-upper, this property offers a significant opportunity for investors or owner-occupants to build instant equity through strategic renovations and modernization.
The home features desirable vintage elements, including two separate fireplaces, exposed beam ceilings, and a spacious wood-paneled family room that provides a distinct aesthetic foundation.
With over 1,200 square feet of living space and a large backyard featuring a storage shed, the property provides a functional footprint and ample outdoor space for expansion or landscaping.
As a designated fixer-upper, the property requires a substantial commitment of time and capital to address necessary repairs and aesthetic upgrades.
The local elementary, middle, and high schools associated with this address currently hold low performance ratings, which may impact long-term resale value for families.
Charming Fixer-Upper with Endless Potential! Calling all investors and handy first-time buyers this single-story ranch is bursting with opportunity! Tucked behind a beautiful mature shade tree, this home offers a classic layout with not one, but two cozy living spaces, each anchored by its own fireplace one with a brick surround and white mantle in the front living room, and a second brick fireplace in a spacious wood-paneled family room/den with exposed beam ceilings, perfect for a rustic retreat or game room. The eat-in kitchen offers a functional layout with ample white cabinetry, tile countertops, a breakfast bar, and room to make it your own. Additionally, a dining/flex space with charming vintage character rounds out the living areas. Outside, enjoy a generous backyard with a storage shed for extra space, plus an attached garage and driveway parking up front. This home is ready for your vision bring your design ideas and sweat equity to transform this solid-bones property into a true gem. Great opportunity for investors or owner-occupants looking to build instant equity. Won't last schedule your showing today!
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.4 mi
Grades 7-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,213 | - |
| Lot Size | 5,227 | - |
| Price | $295.0K | $505.7K |
| Price per sq ft | $243 | $341 |
| Built year | 1951 | 0 |
| HOA | $0 | $0 |
| Days on market | 24 | 42 |
Jul 4, 2026
$295,000
$300,000
-2% Price Drop
Initial Listing
Jun 30, 2026
$300,000
Initial Listing