Financial
Distress signals
Property profile

2961 38th Ave Sacramento, CA 95824

OFF-MARKET
Garden apartment buildings
Property ID
US09-3019014
2,400 SF 0.33 ac lot Built 1947
Last sale Jan 2026 · $435,000
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$7k
Tax billed · 2024
Assessed value$489k
Assessed land$87k
Assessed improvement$402k
Effective rate1.36%

Value estimate

· Sep 2026
$340k
$306k – $374k
AI approach$340k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$296/SF
Submarket average, outlier-cleaned · 509 recorded sales of this use type
Observed band · Q1–Q3$186 – $448

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R-1-EA-4
The purpose of the R-1 zone is to accommodate low density residential uses composed of single unit detached residences and duplex dwellin...
General categoryRESIDENTIAL
JurisdictionSACRAMENTO

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency18.8
Law Firm17.0
Dental Office14.8

Location

2961 38th Ave Sacramento, CA 95824-2424
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5801 Wallace, Sacramento, CA 95824-2153 $305,000 May 2025 3,192 SF
5931 Belleview, Sacramento, CA 95824-2183 $2,800,000 Feb 2025 6,530 SF
5258 Young, Sacramento, CA 95824-1617 $123,000 May 2024 7,704 SF
5802 71st, Sacramento, CA 95824-2114 $520,000 Mar 2023 3,822 SF
3800 44th, Sacramento, CA 95824-3586 $725,000 Dec 2020 4,776 SF
6624 Lemon Hl, Sacramento, CA 95824-2099 $2,462,500 Oct 2018 19,769 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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