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$424,999 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • 1,092 Sq. Ft.
  • 1 Car Garage
  • Updated 2 days ago
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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!

Full Property Details for 5741 Wallace Ave

General

  • Price: $424,999
  • Status: Active
  • Type: Single Family
  • Source: METROLIST_Cali
  • MLS ID: 226113710
  • Updated: 9/18/2026
  • Added to Site: 2 day(s) ago

Interior

  • Appliances: Hood Over Range, Free Standing Electric Range
  • Flooring: Laminate

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Kitchen: Laminate Counter
  • Dining Room: Space in Kitchen
  • Laundry: Electric, Inside Room

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking: Attached, RV Access, Garage Facing Front

Location

  • County: Sacramento
  • Subdivision: Home Garden Acres
  • Cross Streets: Fruitridge Rd
  • Driving Directions: Fruitridge Rd to South on Wallace Ave to address.

School Information

  • School District: Sacramento
  • Elem School District: Sacramento Unified
  • Midd School District: Sacramento Unified
  • High School District: Sacramento Unified

Heating & Cooling

  • Cooling Type: Central
  • Heating Type: Central
  • Heating Fuel: Central

Utilities

  • Sewer: Sewer in Street, Public Sewer
  • Water: Public, Meter on Site
  • Utility Description: Electric

Structural Information

  • Architectural Style: Ranch
  • Construction: Frame, Wood, Wood Siding
  • Basement: Yes
  • Foundation: Slab
  • Roof: Shingle, Composition
  • Stories/Levels: 1
  • Square Feet: 1,092
  • Sq. Ft. Source: Assessor Auto-Fill
  • Year Built: 1978

Lot Features

  • Lot Size (Acres): 0.5
  • Lot Size (Sq. Ft.): 21,780
  • Street/Road Desc.: Paved
  • Road Maintenance: Public Maintained Road
  • Irrigation System: Public District
  • Topography: Level
  • Zoning: R-1
  • Lot Description: Curb(s)/Gutter(s)

Disclosures and Reports

  • Special Conditions: Trust, Other
  • APN: 027-0142-012-0000

Listed by RE/MAX Gold Elk Grove

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Listing agent

— 5741 Wallace Ave —

  • RE/MAX Gold Elk Grove

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5741 Wallace Ave

School District:Sacramento City Unified School District
NameGradesDistance
Earl Warren Elementary School
5420 Lowell Street, Sacramento, CA 95820
K-60.3 mi
Will C. Wood Middle School, Sacramento, CA
6201 Lemon Hill Avenue, Sacramento, CA 95824
7-80.8 mi
Hiram W. Johnson High School
6879 14th Avenue, Sacramento, CA 95820
9-121.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5741 Wallace Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/18/2026
Listed
$424,999
459.21%
MLS
12/01/2000
Sold
$76,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5741 Wallace Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,519
—
$115,245
2%
2025
$1,519
1%
$112,987
2%
2024
$1,498
2%
$110,772
2%
2023
$1,463
2%
$108,601
2%
2022
$1,437
5%
$106,473
2%
2021
$1,373
-1%
$104,386
1%
2020
$1,380
2%
$103,316
2%
2019
$1,352
3%
$101,291
2%
2018
$1,317
1%
$99,306
2%
2017
$1,298
2%
$97,360
2%
2016
$1,272
2%
$95,452
2%
2015
$1,253
3%
$94,019
2%
2014
$1,222
1%
$92,178
—
2013
$1,211
—
$91,763
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by RE/MAX Gold Elk Grove

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5741 Wallace Avenue, Sacramento, CA 95824 (MLS# 226113710) is a Single Family property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 5741 Wallace Avenue is currently listed for $424,999 and was received on September 18, 2026. Want to learn more about 5741 Wallace Avenue? Do you have questions about finding other Single Family real estate for sale in Sacramento Downtown? You can browse all Sacramento Downtown real estate or contact a Coldwell Banker agent to request more information.

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