$424,999

5741 Wallace Avenue Sacramento, 95824

3 Beds | 1 Full Baths | 1 Half Baths | 1,092 SqFt | 0.5 Acres

Investor Opportunity in South Sacramento! This updated 3-bedroom, 1.5-bath home sits on an expansive half-acre lot and offers an exceptional opportunity for an investor, developer, or buyer with vision. Recent improvements include fresh interior and exterior paint, an updated and remodeled bathroom, a new roof, and new flooring, making the home move-in ready while still offering plenty of potential to add value. The property also features an existing un-permitted structure that may offer potential for conversion to an ADU, subject to the appropriate permits and approvals. With approximately half an acre of land, there may also be potential for additional ADUs or other residential development, subject to city and county zoning, permitting, and development requirements. Whether you're looking to build an income-producing property, expand a real estate portfolio, or take advantage of the property's redevelopment potential, this is a unique opportunity with significant upside for the right buyer. Bring your vision and explore the possibilities!
Primary
Property Subtype:
Single Family Residence
Bedrooms:
3
Full Bathrooms:
1
Half Bathrooms:
1
Acres:
~ 0.5
Approximate Square Footage:
1,092
Lot Square Footage:
21,780
Stories:
1
Property Condition:
Updated/Remodeled
Year Built:
1978
Community
County:
Sacramento
Community:
Home Garden Acres
HOA Dues:
$0
Zoning:
R-1
Features
Garage Spaces:
1.00
Air Conditioning:
Central
Floor Covering(s):
Laminate
Garage:
Attached, RV Access, Garage Facing Front
Laundry Description:
Electric, Inside Room
Exterior
Construction:
Frame, Wood, Wood Siding
Foundation:
Slab
Roof Description:
Shingle, Composition
Site Description:
Curb(s)/Gutter(s)
Style Description:
Ranch
Utilities
Domestic Water:
Public, Meter on Site
Electric:
220 Volts in Laundry
Heat:
Central
Irrigation Water:
Public District
Utilities:
Electric
Schools
Elementary School District:
Sacramento Unified
Middle School District:
Sacramento Unified
High School District:
Sacramento Unified
Listing
Listing Number:
561225586
Listing Office Name:
RE/MAX Gold Elk Grove

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Listings marked with V* indicate the seller is willing to entertain offers within a Listing Price range. For example, a Price of $140,000-$170,000 indicates the seller will entertain offers from $140,000 to $170,000.

Listing information last updated on September 20, 2026, 1:25 pm PDT