5660 40th Ave, 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 $309,000—positioned well below the $276,528 Fair Market Value by -11%. While the home carries a Fair Condition Rating (5/10) and requires significant renovation, the generous 6,098 sqft lot offers substantial upside for ADU expansion. This asset is best suited for Buy-and-Hold Investors or first-time buyers capable of executing a full rehab to capture long-term value in a high-demand Sacramento location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5660 40th Ave Subject | $309,000* List Price | 2 | 1 | 813 | $340 | - |
A 6321 37th Avenue Sold | $345,000 | 2 | 1 | 876 | $394 | 0.4 mi |
B 6060 Mcmahon Drive Sold | $340,000 | 3 | 1 | 1,074 | $317 | 0.1 mi |
C 5161 Mckellar Avenue Pending | $245,000 List Price | 3 | 1 | 720 | $340 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1947 (79 years old), the property far exceeds the 30-year threshold for poor condition without a comprehensive renovation. The visible window AC unit indicates a lack of modern central HVAC systems, and the exterior shows significant deferred maintenance. Marketing language targeting 'investors' and 'adding value' confirms the need for a full rehab rather than minor cosmetic updates.
The generous 6,098 sqft lot provides significant opportunities for future expansion or the addition of an Accessory Dwelling Unit (ADU), offering excellent value-add potential for investors and homeowners alike.
The home features updated flooring and a functional floor plan, providing a modern aesthetic and reducing immediate renovation costs for first-time homebuyers.
A spacious backyard complemented by a covered patio significantly extends the usable living area, creating an ideal environment for outdoor entertaining and recreation.
At only 813 square feet, the compact interior layout may be restrictive for growing families or those requiring dedicated home office space.
Built in 1947, the property's age may lead to higher maintenance requirements for older systems and structural components compared to more modern constructions.
Charming Sacramento home featuring a spacious backyard with endless possibilities. The property has a highly functional floor plan, updated flooring, and a covered patio perfect for outdoor enjoyment. Generous lot size provides potential for future expansion or ADU opportunities (buyer to verify with local agencies). Ideal for first-time homebuyers, investors, or anyone looking to add value over time. Conveniently located near schools, shopping, parks, and commuter routes.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 813 | - |
| Lot Size | 6,098 | - |
| Price | $309.0K | $505.7K |
| Price per sq ft | $380 | $341 |
| Built year | 1947 | 0 |
| HOA | $0 | $0 |
| Days on market | 28 | 42 |
Jun 24, 2026
$309,000
Initial Listing
May 6, 2019
$215,000
Public Record
Jul 23, 2014
$125,000
Public Record
Jun 3, 2008
$98,000
Public Record
Sep 20, 2005
$230,000
Public Record
Jun 14, 2002
$297,500
Public Record