
Sacramento, CA 95819
This Single Family Residence represents a High-Potential Investment Opportunity, listed at a List Price of $589,900—positioned well below the $600,954 Fair Market Value by 1%. This gap provides $11,054 in Instant Equity. With a Condition Rating of 4, the home requires modernization, offering significant upside for value-add renovations. Featuring a spacious backyard with deck and patio, this property is ideal for Buy-and-Hold Investors or first-time buyers looking to build equity in a prime East Sacramento neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 641 San Miguel Way Subject 2 bd · 1 ba · 1,092 sqft · $550 | $589,900* List Price | 2 | 1 | 1,092 | $550 | - |
A 617 45th Street Sold 2 bd · 1 ba · 1,113 sqft · $602 · 0.4 mi | $670,000 | 2 | 1 | 1,113 | $602 | 0.4 mi |
B 889 54th Street Sold 2 bd · 1 ba · 1,034 sqft · $658 · 1.0 mi | $680,000 | 2 | 1 | 1,034 | $658 | 1.0 mi |
C 73 Coloma Way Sold 2 bd · 1 ba · 1,079 sqft · $626 · 0.8 mi | $675,000 | 2 | 1 | 1,079 | $626 | 0.8 mi |
D 4457 I Street Sold 2 bd · 2 ba · 1,348 sqft · $545 · 0.4 mi | $735,000 | 2 | 2 | 1,348 | $545 | 0.4 mi |
E 407 Pala Way Sold 2 bd · 1 ba · 988 sqft · $666 · 0.7 mi | $658,000 | 2 | 1 | 988 | $666 | 0.7 mi |
F 803 51st Street Pending 2 bd · 1 ba · 1,110 sqft · $405 · 0.7 mi | $450,000 List Price | 2 | 1 | 1,110 | $405 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1942, this home is well-maintained but significantly dated. The bathroom features original pink tiling, and the living areas contain older wood paneling and carpeting. While functional and livable, the kitchen and bath require modernization, and the property needs cosmetic updates to meet current market standards.
Situated in a highly sought-after neighborhood within walking distance to Mercy Hospital and McKinley Park, offering exceptional lifestyle convenience and strong long-term value.
This 1942 home features timeless character, including built-in china cabinets, a cozy fireplace, and formal dining, appealing to buyers seeking vintage aesthetics.
The property offers rare ADA-accessible features alongside a generous backyard with a covered patio and deck, providing versatility for both mobility needs and outdoor entertaining.
With only one bathroom serving the entire household, the layout may present a challenge for families or guests compared to more modern multi-bath configurations.
While the elementary and middle schools are highly rated, the assigned high school has a significantly lower rating, which may be a consideration for education-focused buyers.
Welcome to 641 San Miguel Way, a charming East Sacramento gem ideally located within walking distance to Mercy Hospital! This inviting 2-bedroom, 1-bath home offers a spacious, light-filled floor plan featuring a welcoming living room with a cozy fireplace, formal dining room with beautiful built-in china cabinets, functional kitchen, and separate laundry room. An ADA-accessible rear door and ramp provide added convenience and flexibility. Outside, a long driveway leads to a detached garage with ample off-street parking and storage, while the generous backyard features a covered patio and deck perfect for entertaining, gardening, outdoor dining, or relaxing. Enjoy an exceptional location near neighborhood restaurants, shopping, parks, schools, McKinley Park, Sacramento State, Downtown Sacramento, medical centers, and major commuter routes. Whether you're a first-time buyer, downsizing, or looking for an opportunity in one of Sacramento's most established neighborhoods, this East Sac home is ready for its next chapter!
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades 7-8 • 0.6 mi
Grades 9-12 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,092 | 1,541.53 |
| Lot Size | 5,201 | 6,320.667 |
| Price | $589.9K | $503.2K |
| Price per sq ft | $540 | $331 |
| Built year | 1942 | 1975 |
| HOA | $0 | $130 |
| Days on market | 39 | 47 |
Sep 15, 2026
$589,900
Initial Listing