Investor Opportunity - 2 Homes on One Lot With potential Room For Expansion and a 8.4% CAP RATE Located in Sacramento, this prime investment opportunity features 2 homes on one lot with potential to add another ADU. The front house being paired with the new ADU offers immediate rental income. With the flexibility to potentially build another unit, this property is perfect for investors looking to maximize returns in an area with high rental demands. Both homes are move-in ready, making this a great option for investors or multi-generational living, The spacious lot offers ample room for further development, giving the buyers the chance to increase the properties value even more. With an estimated annual rental income of $42,000 and a strong 8.4% cap RATE, this property provides excellent value for investors.Both homes are move-in ready, and the spacious lot offers ample room for further development, giving buyers the chance to increase the property's value even more. Whether you plan to rent all units or occupy one and rent the others, this property offers growth potential and versatility for savvy buyers. Priced to sell, and with easy access to local amenities, this property won't last long! Act now to schedule your viewing and seize this exceptional opportunity.
Well maintained fourplex, all units occupied and are two bedrooms with one bathroom, Updated kitchens and bathroom. Four car garage one for each unit shared. Laundry facility between garages, more parking in the back and on street. Conveniently located off Hwy 50 near all amenities. Tenant occ do not disturb. AC and separate meters
Enjoy the income from this beautiful remodeled duplex with refinished hardwood floors, new interior and exterior paint, and the adjacent single-family home with its own private fenced backyard. The SFR and duplex units each have two bedrooms and one bath, and are conveniently located near UCD Med Center and Shriner's Hospital. Short commute to midtown and downtown.
Excellent turn-key investment. A great opportunity to own 4 darling & desirable detached cottages on one lot, centrally located on a quiet street near shopping, restaurants & downtown. 3226,3228 & 3230 W Street are all cute 1 bedroom, 1 full bath cottages with lots of character and charm. Each property features a comfortable living room, spacious kitchen, and inside laundry hook-ups. 3226 is located over the 3-car garage and features 2 bedrooms & 1 full bath & W/D hook-ups. Garage spaces are offered to the tenants to rent for additional income. Tenants pay gas & electricity. Close to everything; UC Davis Medical Center, downtown, award winning schools, shopping, parks & freeway access. PLEASE DO NOT DISTURB THE TENANTs. Tenants are on Month-to-Month leases. Tenants pay separately metered gas & electricity. Rents are $1,395, $1,321, $1,595, and $1,695 per month. In addition to rents, tenants also pay a total of $224, combined per month, towards sewer/water/garbage. Total monthly income is $6,230. Total annual income is $74,760. GRM is 14.3 and 7% Cap Rate. A fantastic investment opportunity with lots of potential.
Great Investment Property with Excellent Tenants that are looking to stay! Duplex with each unit having 2 bedrooms and 1 bath. Large Fenced Side Yards. Unit A had been updated last year with new flooring and paint. Short drive to highway 80 and lots of local transportation close by. Unit B has a long term tenant
2 Units for great income potential or live in one unit and lease out the other. New composition roof with gutters and downspouts, new interior and exterior paint, new ceiling mounted LED lights, new light fixtures, new tile in bath and shower surround, new kitchen and bath cabinets, new quartz countertops in kitchen, new wood laminate flooring, main home has central HVAC, ADU guest home/studio unit has a full bath, new HVAC mini split and kitchen. Seller in process of obtaining permits for rear unit ADU.
515 21st Street is located in Boulevard Park - a quiet and historic neighborhood in Midtown Sacramento esteemed for its original craftsman and colonial homes, spectacular tree canopy, and easy walking and biking distance to dozens of cafes, grocers, employers, bars, and venues. This property features a total building area of approximately 4,161 square feet, comprising a two-story building with 17 dorm-style studios, two shared kitchens, three shared bathrooms and one bathroom in the managers unit, and one shared laundry room. It also offers six covered parking stalls, in addition to abundant street parking. The building has undergone recent renovations, boasting modern interior and exterior finishes that enhance its appeal. Positioned as the most affordable housing option in Midtown, it promises reliable cash flow when fully leased with a Proforma Net Operating Income of $141,915. The location is highly desirable, within walking and biking distance to a variety of popular Midtown amenities. These include La Costa Cafe, New Roma Bakery, Target, Bonfare Market, Ace Hardware, The Mill Coffee, At Ease Brewing, among others, as well as several accessible bus stops, making it an attractive choice for tenants seeking convenience and affordability in a vibrant community.
AAA Midtown location between I and J Street. OWNER WILLING TO CARRY 1ST LOAN. Property in excellent repair, rents are low due to very long-term tenants. Both units are two-bedroom 1 bath. Central HVAC installed and updated electrical- Each unit comes equipped with its own washer and dryer. Offers will be responded to as they come in.
Beautiful, income-generating DUPLEX on a spacious 10,019 SQFT corner lot! Each unit offers 2 bedrooms, 1 bath, and additional living space. Both units have been recently updated with modern touches. Unit 1 features new countertops, sleek cabinetry, elegant LVP and carpet flooring, and fresh interior paint. Unit 2 also includes new countertops, LVP and carpet flooring, and fresh paint throughout. Both units have new garage doors, and some interior doors and windows have been replaced. Ideal for investors or homeowners seeking rental income, with room for potential expansion on the large lot adding even more value to this property. Conveniently located near I-5 for easy commuting. Don't miss this opportunity!
New lower price on this beautifully updated and move in ready home with ADU, office and large 2 car garage. Located in East Sac near major Hospitals & just blocks from shopping & the fabulous 40s neighborhood. This duplex is a must see property and has so many new upgrades and renovations. Both units have new kitchen cabinets, new granite countertops, updated bathrooms, laundry hookups, new electrical wiring, new 200/100 amp breaker boxes, fresh paint & acrylic stucco, newer house to main sewer pipes, newer dual pane windows, new recessed lighting & fans, newer HVAC & new mini split units for ADU. Landscaped with new sod, large patio & aluminum patio cover. 60 amp power supply at driveway for car charger. City permits completed on ADU, office and all needed upgrades to the property. The main house is 2 bedrooms, 1 full bath, 852sf. ADU is 1 bedroom, 1 full bath, 435sf. Office is 144sf. Oversized 2 car garage is 24' x 28' and can easily park 2 cars or 2 work pickup trucks and enough space for a work area, bench & storage. This property is great for anyone looking for a separate family/guest quarters, or live in 1 house & rent the other, or a contractor looking for a personal office, workshop, storage & garage space. Square footage is approximate and buyer to verify.
The first floor is an inviting 1-bedroom, 1-bathroom unit with original wood floors and vinyl plank flooring in the large kitchen with walk-in pantry. The front door opens into the living room and dining area separated by beautiful original built-ins and tapered columns. The bathroom features a shower/tub combination and a quaint window. The expansive 3-bedroom 1-bathroom unit upstairs showcases pristinely cared for hardwood floors, tall ceilings, and built-in cabinets. You are greeted by two adjacent living spaces with large windows allowing great natural lighting. Continue into the large dining room with an original built-in cabinet and unique swivel door pantry.The large primary bedroom includes a built-in wall length cabinet with storage and ceiling fan. Down the hallway you will find a stylishly remodeled kitchen with white shaker cabinets, quartz countertops, and updated flooring. The noir bathroom offers a classic look with a lovely clawfoot tub/shower combo. The other bedrooms also include built-in closets and ceiling fans. Both units have outdoor space, laundry area, and individual meters. Last item to note is the sewer line has been replaced with ABS pipe. This property is a perfect blend of character and contemporary living truly a must see.
Great investor opportunity on a 4-Plex in Northrup Estates! All units are currently leased with tenants wanting to stay. There are two-2 car garages shared by the 4 units and a community laundry room with a coin operated washer/dryer. Nice variety of floorplans and nice court location. Conveniently located close to shopping, restaurants, freeway access, and Sac State University. This is a great property with potential for years to come. Please do not disturb tenants.
Great Investment Opportunity! This duplex features two units, each with 2 bedrooms and 1 bathroom. Both units offer the convenience of private backyards, separate driveways, and carports. Situated on a spacious corner lot, the property also provides ample street parking. Located near Mark Twain Elementary and West Campus High School, this duplex is ideally positioned for families and renters alike. Don't miss out on this fantastic investment potential!
8 North Sacramento Units. All are 2 Bedroom, 1 Bath. Off Street Parking. Cash Generating Laundry Room. Long term tenants. Below market rents. Close to new development and North Area Police Station. Low maintenance grounds. NO VACANCIES!!! Drive by and Make offer subject to inspection.
3130 - 3132 3rd Ave in Sacramento, California. The sixteen-unit apartment community spans two parcels and features both one- and two-bedroom floorplans for residents. The property is very well located, only minutes to downtown / midtown Sacramento, the region's economic and entertainment epicenter. As a part of the triangle district area of North Oak Park, residents are within walking distance to the regions preeminent medical care, UC Davis Medical Center and UC Davis Aggie Square Innovation Hub. The neighborhood also lies at the intersection of CA Hwy 99, US Hwy 50, and Interstate Business 80, allowing residents immediate access to all major throughways in the region. The property features off street alley parking, gated entry, and onsite laundry facilities. The offering represents a unique opportunity to purchase a cash flowing asset day one, but the next investor will have a clear-cut strategy to massively increase value through renovations and aggressive management. Competitive sets suggest that the September 2024 rent roll is approximately 20% below the market and the erosion of the loss to lease would push the capitalization rate to exceed 8%. All tours must be scheduled through listings agents. Please do not disturb residents or management.
Fantastic investment opportunity. 1/3 Acre lot with room to grow and expand (SB 1211 just passed). 8 oversized units in two large 4plexes on one lot. 140k+ pro-forma rent. All units are 2 bed 1 bath, upgraded with some new kitchens, double pane windows. Passed all city inspections. 4 units vacant and 4 with market rate tenants. Property is in an Opportunity Zone providing tax incentives for investors. Please do not disturb occupants.
3309 1st Avenue in Sacramento, California. Constructed in 1950, this building is comprised of eight (8) spacious one-bedroom/onebathroom units at approximately 491 square feet each. The gated property features a pitched shingle composition roof, stucco/wood siding, majority dual-pane windows, updated electrical panels, wall heat and air units, and on-site laundry facility. This property is located in the very popular Triangle District area of North Oak Park.
Excellent Fixer Opportunity in prime Midtown location. Two units in a 2 unit condo building- both units to be sold together at 600k. Interesting floor plans, each with 1 bedroom, 1.5 baths, fireplaces; bedrooms, full bathrooms, & laundry are on the lower level, with living room, kitchen, dining nook, & half-bath upstairs. Roof may be around 5 years old, off-street parking. Photos are of both units. Cash or hard money offers only considered.
Duplex available now. Live in one unit rent the other. Attached garage, washer and dryer hook ups, recess lighting, new windows, ac update roof.
Currently grossing $7,225 a Month! This 6-unit property is great to add to your portfolio or for a first time investor. The owners have done multiple upgrades to the interiors and built new fencing around the property as well. The property consists of six 1bedroom/1bathroom units that have been upgraded. The property sits on a .47 Acre Lot which leaves you with about .35 acres to build additional units or add ADU's. The property comes with on-site washer and dryer, 6 parking spaces and a little yard area for tenants to enjoy.
3525 Norris Ave Apartments is a fully remodeled single story 5-unit multi-family apartment community in the Carmichael submarket of Sacramento. The subject property sits on a large, 0.56-acre lot, and is nestled in a residential neighborhood adjacent to Mira Loma High School. Residents benefit from close proximity to Interstate 80, the Arden Fair Shopping Mall, and vast amounts of shopping, dining, and employment opportunities. The apartment community features exclusive single-story two-bedroom, one-bathroom floorplans and is zoned RD-20, welcoming 5 more units developed on site. The current ownership group has extensively rehabilitated 80% of the existing units with the scope of work including a new open-concept kitchen and living room design, new private washer/dryer enclosures on back patios/yards, and all new stainless-steel appliances, granite countertops, shaker style cabinets, dual pane windows, mini-split HVAC units, electrical panels, fixtures, can lighting, vinyl plank flooring, and paint throughout. Additional improvements include a new landscaping design in both the front and back of the property, connection to city sewer and permitted abandonment of the old septic system, and new asphalt.
Welcome to this exceptional East Sacramento duplex, offering over 2,500 sq. ft. of expansive living space in one of the area's most desirable locations. Perfectly situated on a tree-lined street, this large duplex is just moments from top-rated schools, charming cafes, and some of the city's finest dining spots. Each unit boasts spacious layouts, filled with natural light, featuring hardwood floors, updated kitchens, and inviting living spaces. The property offers versatile options for owner-occupants or investors seeking steady rental income in a prime neighborhood. With a location this convenient and a property this spacious, it's a rare opportunity to experience the best of East Sacramento living! All bedrooms have large walk-in closets. Dual pane windows and plantation shutters. Single car garage for each unit plus driveway parking for each, with storage area in garage. Unit at 4727 has remodeled kitchen & bath. Fenced side yard. Corner unit 4731 has refinished hardwood floors, newly repainted interior and new luxury vinyl tile floors in kitchen/utility rooms. In June 2024 landscape irrigation was replaced by Seller. Monthly rental income totals $4,700/mo.
Great property beautifully remodeled units, exterior, and grounds. excellent opportunity to get a property with low maintenance and repair rate due to lots of newer features: New kitchen cabinets with granite countertop, new appliances, all tile and laminate plank floorings, new AC's, dual pane windows, newer interior paint, roof in great condition, recently painted exterior, and rear parking lines, New brick street installed by the city in back of the complex. Large courtyard for kids and / or tenants to BarBQ, or relax. Great tenants, up and coming neighborhood with lots of brand new homes and buildings in the area. Close to Bus.80, Arden Fair Mall, Cal-Expo, shopping, and public transportation. Awsome investment opportunity.
Income producing Duplex with a big lot (0.3381 acres). 3460 side has 2 bedrooms, 1 bathroom with 572 sqft, 1 car garage and private yard. 3434 side has 1 bedroom, 1 bathroom with 1 car garage and private yard. Long term tenants, monthly income collected is $2,700. Close to shopping, restaurants, Sacramento Executive Airport and easy access to HWY 99. Seller is selling this property together with the adjoining property 3470 33rd St (MLS#224110445). Investor special with lots of potential.
4241 Sweetwater Ave. is a (5) unit multifamily investment property located in a residential south Sacramento neighborhood. The property consists of one fourplex with each unit being one bedroom and one bathroom. The property also contains a large 3-bedroom, 2-bathroom single-family home with a private backyard. The fourplex is occupied by section 8 tenants. Several of the units are below market and should be increased through section 8 program. The house is also below market and can be given a 60-day notice for an 8% increase immediately. Sweetwater Avenue is a great opportunity for an entry-level investment into the commercial multifamily world.
The median home value in Sacramento, CA is $415,000. This is lower than the county median home value of $489,000. The national median home value is $338,100. The average price of homes sold in Sacramento, CA is $415,000. Approximately 47.71% of Sacramento homes are owned, compared to 47.44% rented, while 4.86% are vacant. Sacramento real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Sacramento real estate agent to arrange a tour today!
Sacramento, California has a population of 518,605. Sacramento is less family-centric than the surrounding county with 30.59% of the households containing married families with children. The county average for households married with children is 33.01%.
The median household income in Sacramento, California is $71,074. The median household income for the surrounding county is $76,422 compared to the national median of $69,021. The median age of people living in Sacramento is 35.2 years.
The average high temperature in July is 92.6 degrees, with an average low temperature in January of 39.1 degrees. The average rainfall is approximately 19.9 inches per year, with 0 inches of snow per year.