5171 37th Avenue, Sacramento, CA 95824, Sacramento, 95824 - 3 bed, 1 bath
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Sacramento, CA 95824
This High-Potential Investment Opportunity is listed at a List Price of $375,000—positioned well below the $394,209 Fair Market Value by 4%. This valuation gap offers $19,209 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the home offers a modernized kitchen and move-in ready interiors. With a large 6,098 sqft lot and ADU Potential, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5171 37th Avenue Subject | $375,000* List Price | 3 | 1 | 1,050 | $375 | - |
A 4400 40th Avenue Sold | $395,000 | 3 | 1 | 1,074 | $368 | 0.6 mi |
B 6310 38th Avenue Sold | $365,000 | 3 | 1 | 1,053 | $347 | 0.8 mi |
C 5558 35th Avenue Sold | $400,000 | 3 | 1 | 1,025 | $390 | 0.4 mi |
D 6212 Burns Way Sold | $392,000 | 3 | 1 | 980 | $400 | 0.6 mi |
E 5905 Mendocino Boulevard Sold | $349,000 | 3 | 1 | 862 | $405 | 0.9 mi |
F 5925 Mendocino Boulevard Sold | $364,000 | 3 | 1 | 875 | $416 | 0.9 mi |
G 5171 37th Avenue Active | $386,000 List Price | 3 | 1 | 1,050 | $368 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1950, the property has undergone a recent high-quality renovation (likely within the last 5 years). The kitchen is fully modernized with white shaker cabinets, stone countertops, and stainless steel appliances. The interior features new flooring, fresh paint, and updated doors throughout, making it move-in ready with no immediate maintenance required.
The property features a generously sized 6,098 sqft lot with significant potential for an Accessory Dwelling Unit (ADU), providing a rare opportunity for rental income or multigenerational living.
A converted garage offers flexible utility as either a spacious second living room or a fourth bedroom, effectively increasing the functional capacity of the home.
Priced competitively for the Sacramento market, this property serves as an ideal entry-level home or investment project with substantial room for equity growth through modernization.
With only one bathroom serving a three-to-four bedroom floor plan, the layout may present functional challenges for larger households and impact overall marketability.
Built in 1950, the residence likely requires updates to major systems and cosmetic finishes to meet modern efficiency standards and buyer preferences.
Situated on a generously sized lot, this property offers exceptional potential for an accessory dwelling unit (buyer to verify). The expansive yard provides flexibility for future expansion, multigenerational living, or additional rental income. A rare opportunity to own a property with space, versatility, and long-term value. Converted garage could be a second living room or a fourth bedroom. This house has a lot of potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 1,050 | 1,120 | 39% |
| Lot Size | 6,098 | 6,098 | 50% |
| Price | $375.0K | $372.5K | 50% |
| Price per sq ft | $357 | $336 | 68% |
| Built year | 1950 | 1954 | 26% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 171 | 3% |
Jun 5, 2026
$375,000
Initial Listing
May 23, 2017
$94,000
Public Record
Mar 9, 2017
$141,500
Public Record
Apr 1, 2010
$68,000
Public Record