5526 38th Avenue, Sacramento, CA 95824, Sacramento, 95824 - 3 bed, 1 bath
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Sacramento, CA 95824
This 3-bedroom Single Family Residence represents a Strong Value Opportunity, listed at a List Price of $398,000—positioned well below the $380,531 Fair Market Value by -4%. While the property is priced slightly above market, its Condition Rating of 3 and functional 2-car garage provide immediate utility. The home features updated stainless steel appliances and recent interior finishes, making it move-in ready. Located in the established Fruitridge neighborhood, this property is an ideal acquisition for first-time buyers or Buy-and-Hold Investors seeking a stable, low-maintenance asset in a convenient Sacramento location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5526 38th Avenue Subject | $398,000* List Price | 3 | 1 | 1,137 | $335 | - |
A 6060 Mcmahon Drive Sold | $340,000 | 3 | 1 | 1,074 | $317 | 0.2 mi |
B 5900 69th Street Sold | $390,000 | 3 | 1 | 1,279 | $305 | 0.8 mi |
C 4420 37th Avenue Sold | $359,000 | 2 | 2 | 878 | $409 | 0.9 mi |
D 6039 McMahon Drive Pending | $379,900 List Price | 2 | 1 | 1,123 | $338 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1947, the home has been well-maintained and updated. The kitchen features dated oak cabinetry (approx. 15-20 years old) but includes newer stainless steel appliances. The interior shows recent flooring and paint, and the presence of ceiling vents indicates a functional HVAC system. It is move-in ready and fits the 5-15 year renovation window for key cosmetic elements.
Priced under $400,000, this 3-bedroom home represents a strong value proposition for first-time homebuyers or investors looking for an affordable entry into the Sacramento market.
The property features a rare 2-car garage and an additional storage shed, providing significant functional space for vehicles and equipment that is often lacking in similar-sized homes.
Situated in the quiet Fruitridge neighborhood, the home offers convenient proximity to schools, shopping, and public transit, making it an ideal spot for families and commuters.
With only one bathroom to serve three bedrooms, the home's layout may be less convenient for larger households and could limit its competitive edge against homes with multiple baths.
Dating back to 1947, the property may require ongoing maintenance or modernization of older systems to meet contemporary energy efficiency and building standards.
Charming, well-maintained 3 bedroom, 1 bathroom home with a 2 car garage and storage shed included. Situated in the quiet, established Fruitridge neighborhood of Sacramento, this property offers convenient access to schools, shopping, and public transportation. A great opportunity in a desirable location!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,137 | - |
| Lot Size | 3,920 | - |
| Price | $398.0K | $505.7K |
| Price per sq ft | $350 | $341 |
| Built year | 1947 | 0 |
| HOA | $0 | $0 |
| Days on market | 5 | 42 |
Jul 17, 2026
$398,000
Initial Listing
Mar 23, 2015
$164,500
Public Record