5601 Orange Avenue, Sacramento, CA 95823, Sacramento, 95823 - 4 bed, 2 bath
ACTIVE$495,000
5601 Orange Avenue, Sacramento, CA 95823
4Beds
2Baths
1,960Sqft
8,107Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Duplex Configuration: The property is a duplex, offering flexible options for owner-occupancy with rental income from the second unit, or dual rental income for investors, enhancing its income-generating potential.
Top Cons:
Requires Significant Renovation Investment: The 'value-add' nature implies that substantial capital and effort will be required for renovations and upgrades to maximize its potential, which adds to the initial investment cost and project timeline.
Compared to the nearby listings
Price:$495.0K vs avg $487.5K (+$7,500)50%
Size:1,960 sqft vs avg 1,959 sqft50%
Price/sqft:$253 vs avg $24963%
More Insights
Built in 1964 (61 years old).
Condition: The property was built in 1964, making it 60 years old. The listing explicitly markets it as a 'value-add opportunity' requiring 'sweat-equity' and to 'fix the other' unit, indicating substantial renovation is needed. The kitchen, as seen in the images, features very outdated wood cabinets, worn laminate countertops, an old white gas range, and a basic bare-bulb light fixture, suggesting a renovation that is likely 30-50 years old or older. The bedroom carpet also appears worn. While the exterior looks somewhat maintained, the interior condition, particularly the kitchen, and the overall age, combined with the 'value-add' description, point to a property requiring significant repairs and rehabilitation to meet modern standards and comfort.
Year Built
1964
Close
-
List price
$495K
Original List price
-
Price/Sqft
$253
HOA
$0
Days on market
-
Sold On
-
MLS number
225102347
Home ConditionPoor
Features
View-
About this home
Value-Add Duplex Opportunity - Live in One, Fix the Other! Great potential with this 2 bed / 1 bath duplex at 5601/5603 Orange Ave, offering 980 sq ft per unit. Each unit presents a perfect value-add opportunity for investors or owner-occupants looking to build sweat-equity. Located in an area with solid rental demand, this property offers flexible options: live in one unit while renovating the other, or upgrade both for increased long-term returns. Each unit features a functional layout and individual access. If you're looking for a duplex with upside at an approachable price point this is it!
Nearby schools
3/10
Parkway Elementary School
Public,•K-6•0.5mi
3/10
Charles E. Mack Elementary School
Public,•K-6•0.7mi
3/10
David Reese Elementary School
Public,•K-6•1.2mi
3/10
Nicholas Elementary School
Public,•K-6•1.3mi
3/10
Samuel Kennedy Elementary School
Public,•K-6•1.4mi
3/10
Union House Elementary School
Public,•K-6•1.4mi
4/10
Prairie Elementary School
Public,•K-6•1.6mi
5/10
Cesar Chavez Intermediate School
Public,•4-6•1.7mi
2/10
Susan B. Anthony Elementary School
Public,•K-6•1.9mi
3/10
Edward Kemble Elementary School
Public,•K-3•1.9mi
4/10
Herman Leimbach Elementary School
Public,•K-6•2.0mi
2/10
Pacific Elementary School
Public,•K-6•2.1mi
4/10
Anna Kirchgater Elementary School
Public,•K-6•2.3mi
3/10
Woodbine Elementary School
Public,•K-6•2.4mi
2/10
Oak Ridge Elementary School
Public,•K-6•3.4mi
3/10
Ethel Phillips Elementary School
Public,•K-6•3.6mi
6/10
Marion Mix Elementary
Public,•K-6•4.3mi
2/10
Bret Harte Elementary School
Public,•K-6•4.3mi
3/10
Samuel Jackman Middle School
Public,•7-8•1.3mi
2/10
James Rutter Middle School
Public,•7-8•1.4mi
3/10
Fern Bacon Middle School
Public,•7-8•1.5mi
4/10
California Middle School
Public,•7-8•5.3mi
3/10
Luther Burbank High School
Public,•9-12•1.6mi
4/10
Valley High School
Public,•9-12•2.4mi
4/10
Florin High School
Public,•9-12•3.1mi
2/10
Hiram W. Johnson High School
Public,•9-12•3.6mi
5/10
C. K. Mcclatchy High School
Public,•9-12•4.9mi
Price History
Date
Event
Price
05/29/07
Sold
$109,000
12/29/05
Sold
$425,000
10/24/05
Sold
$10,500,000
12/31/03
Sold
$143,500
Condition Rating
Poor
The property was built in 1964, making it 60 years old. The listing explicitly markets it as a 'value-add opportunity' requiring 'sweat-equity' and to 'fix the other' unit, indicating substantial renovation is needed. The kitchen, as seen in the images, features very outdated wood cabinets, worn laminate countertops, an old white gas range, and a basic bare-bulb light fixture, suggesting a renovation that is likely 30-50 years old or older. The bedroom carpet also appears worn. While the exterior looks somewhat maintained, the interior condition, particularly the kitchen, and the overall age, combined with the 'value-add' description, point to a property requiring significant repairs and rehabilitation to meet modern standards and comfort.
Pros & Cons
Pros
Duplex Configuration: The property is a duplex, offering flexible options for owner-occupancy with rental income from the second unit, or dual rental income for investors, enhancing its income-generating potential.
Value-Add Opportunity: Explicitly marketed as a 'value-add' opportunity, it presents significant upside potential for investors or owner-occupants willing to invest 'sweat-equity' in renovations and upgrades to increase its market value and rental income.
Solid Rental Demand Area: Located in an area with 'solid rental demand,' suggesting a strong tenant pool and favorable conditions for consistent rental income and low vacancy rates.
Approachable Price Point: Described as having 'upside at an approachable price point,' making it potentially accessible to a broader range of buyers, including first-time investors or those seeking an affordable entry into multi-family ownership.
Individual Access & Functional Layouts: Each unit features individual access and functional layouts, which are desirable attributes for tenants, contributing to privacy and the overall appeal of the property.
Cons
Requires Significant Renovation Investment: The 'value-add' nature implies that substantial capital and effort will be required for renovations and upgrades to maximize its potential, which adds to the initial investment cost and project timeline.
Older Property Age: Built in 1964, the property is 60 years old, which may indicate the presence of outdated systems (e.g., electrical, plumbing, HVAC) and potential for deferred maintenance, leading to higher repair and upgrade costs.
Unspecified Current Condition: While presented as a 'value-add,' the description does not detail the current condition of each unit, which could mean varying levels of disrepair or necessary updates, making it difficult to estimate immediate renovation costs without further inspection.