
Sacramento, CA 95824
This property presents a High-Potential Investment Opportunity with a List Price of $350,000—positioned well above the $310,190 Fair Market Value by -12%. Given the Condition Rating of 5, the home requires a comprehensive rehab to address functional obsolescence in its original 1957 systems. While the 5,227 sqft lot and No HOA Fees provide a solid foundation, the low-rated local schools suggest a focus on rental yield rather than immediate resale. This is a strategic acquisition for Buy-and-Hold Investors or Contractors seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5838 41st Street Subject | $350,000* List Price | 3 | 1 | 910 | $341 | - |
A 4208 46th Avenue Sold | $390,000 | 3 | 1 | 1,161 | $336 | 0.6 mi |
B 4232 46th Avenue Sold | $365,000 | 3 | 1 | 1,114 | $328 | 0.6 mi |
C 4221 42nd Avenue Pending | $345,000 List Price | 3 | 1 | 1,053 | $328 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is 69 years old (built 1957) with no recorded renovations, placing it in the >30y category. At this age, the original kitchen, bathroom, and major systems (HVAC/Electric) likely require a full rehab to address safety issues and functional obsolescence.
Listed at $350,000, this property represents a highly accessible entry-level price for a three-bedroom single-family home in the Sacramento market, ideal for first-time buyers or investors.
The absence of a homeowners association fee reduces monthly carrying costs and provides the owner with greater freedom and autonomy over the property.
The 5,227 square foot lot offers a balanced outdoor space that is large enough for gardening or entertaining while remaining manageable for low-maintenance living.
With only 910 square feet to accommodate three bedrooms, the interior layout is likely compact, which may feel restrictive for families or those requiring larger common areas.
The local assigned schools currently hold low performance ratings (ranging from 2 to 3), which could be a drawback for families prioritizing education and may affect long-term appreciation.
Exceptional opportunity in Sacramento. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 0.4 mi
Grades 7-8 • 1.0 mi
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 | 910 | 1,120 | 21% |
| Lot Size | 5,227 | 6,098 | 24% |
| Price | $350.0K | $367.5K | 39% |
| Price per sq ft | $385 | $336 | 76% |
| Built year | 1957 | 1954 | 74% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 171 | 3% |
Jun 15, 2026
$350,000
Initial Listing