5550 40th Ave, Sacramento, CA 95824, Sacramento, 95824 - 2 bed, 1 bath
Loading property details...
5550 40th Ave
Sacramento, CA 95824
ACTIVE
CONDITION: FAIR
2Beds
1Baths
813Sq Ft
6,098Lot Size
Property Price
LIST PRICE$335,000
EST. MARKET VALUE
$317,336
5% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $335,000—positioned well below the $317,337 Fair Market Value by -5%. While the home maintains a Condition Rating of 4, the recent installation of a New Roof and a generous 6,098 sqft lot provide a solid foundation for value-add renovations. The compact 813 sqft footprint requires modernization, making this an ideal project for Fix-and-Flip Investors or first-time buyers seeking to build equity through strategic cosmetic updates.
Estimated Market Value
$317,336
Based on Realkey algorithm analyzing recent comparable sales in Sacramento.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5550 40th Ave Subject | $335,000* List Price | 2 | 1 | 813 | $390 | - |
A 5161 Mckellar Avenue Sold | $247,000 | 2 | 1 | 720 | $343 | 0.4 mi |
B 6280 40th Avenue Sold | $365,000 | 3 | 1 | 993 | $368 | 0.4 mi |
C 6039 McMahon Drive Sold | $385,000 | 2 | 1 | 1,123 | $343 | 0.2 mi |
D 5900 64th Street Sold | $365,000 | 3 | 1 | 1,041 | $351 | 0.5 mi |
E 5914 34th Avenue Sold | $402,000 | 2 | 1 | 1,126 | $357 | 0.4 mi |
F 5805 61st Street Sold | $373,000 | 3 | 1 | 1,110 | $336 | 0.3 mi |
G 5660 40th Ave Active | $309,000 List Price | 2 | 1 | 813 | $380 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1947, this home features a new roof but remains dated internally. The kitchen and bathroom show renovations likely exceeding 20 years in age, featuring older laminate countertops and cabinetry. While functional and move-in ready, it requires cosmetic updates and modernization to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Expansive Lot Potential
The property features a generous 6,098 sqft lot with a large backyard and mature trees, offering significant space for outdoor entertaining, gardening, or potential ADU expansion.
- Recent Capital Improvement
A brand-new roof has been recently installed, providing immediate value and reducing near-term maintenance expenses for the new homeowner.
- Entry-Level Investment Opportunity
Priced at $335,000, this home serves as an accessible entry point for first-time buyers or investors looking to build equity through cosmetic updates and modernization.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2026-05-11. The sold price is $272,000.00.
- Limited Living Space
With only 813 square feet of living area and a single bathroom, the home's compact footprint may be restrictive for growing families or those requiring a home office.
- Modernization Required
The property is marketed as a 'canvas' for personal touches, implying that the interior likely requires significant updating and additional capital investment to meet contemporary standards.
About 5550 40th Ave
Charming 1947 little ranch-style home filled with character & opportunity! This one story cozy 2-bedroom, 1-bath home offers approximately 813 sq ft of living space and is a wonderful canvas for a buyer looking to add their own personal touches. The inviting floor plan features a comfortable living room, quaint breakfast area & kitchen, with all the charm you would expect from a home of this era. Step outside and discover where this property really shines...huge backyard with endless possibilities! Create an incredible outdoor entertaining space, expansive garden, play area or your own private backyard retreat. With a generous lot, there's plenty of room to dream, design & make it your own. An attached garage, front porch & backyard shed provide additional functionality. Charming as it is today, this home also offers tremendous potential for updating, remodeling or reimagining over time. Whether you're a first-time buyer, investor or simply someone who appreciates the character of a vintgage home and the opportunity to make it your own, this little gem is ready for its next chapter. So much potential inside & out! New Roof and giant back yard with mature trees!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1947
- Lot Size
- 6,098 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 813 | 1,540.857 |
| Lot Size | 6,098 | 6,330.116 |
| Price | $335.0K | $508.1K |
| Price per sq ft | $412 | $333 |
| Built year | 1947 | 1975 |
| HOA | $0 | $128 |
| Days on market | 5 | 45 |
Pricing History
Listed for Sale
Sep 4, 2026
$335,000
Initial Listing
Sold
May 11, 2026
$272,000
Public Record