1050 Grand Ave., Sacramento, CA 95838, Sacramento, 95838 - 8 bed, 0 bath
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1050 Grand Ave.
Sacramento, CA 95838
ACTIVE
CONDITION: GOOD
8Beds
0Baths
3,240Sq Ft
6,098Lot Size
Property Price
LIST PRICE$735,000
EST. MARKET VALUE
$751,206
SUMMARY
This Quadruplex Residential Income property presents a High-Potential Investment Opportunity with a List Price of $735,000—positioned well below the $751,207 Fair Market Value by 2%. This valuation gap offers $16,207 in Instant Equity. Featuring a Condition Rating of 3, the building includes recent capital improvements like new windows, updated asphalt, and individual HVAC units. With a 3,240 sqft footprint and in-unit laundry, this asset is ideal for Buy-and-Hold Investors or first-time buyers seeking to house-hack and generate immediate rental income.
Estimated Market Value
$751,206
Based on Realkey algorithm analyzing recent comparable sales in Sacramento.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1050 Grand Ave. Subject | $735,000* List Price | 8 | 0 | 3,240 | $232 | - |
A 4216 May Street Pending | $749,900 List Price | 6 | 4 | 2,833 | $265 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1965, the property has received significant recent capital improvements including new windows (2 years ago), asphalt (3 years ago), and a roof inspection. Interior photos show a renovation within the last 5-10 years featuring updated tile flooring, modern bathroom vanities, and the addition of mini-split HVAC systems in the units, making it move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Income Generation Potential
This quadruplex offers a versatile investment opportunity, allowing an owner-occupant to 'house hack' by living in one unit while the other three generate consistent rental income to offset the mortgage.
- Recent Capital Improvements
The property features significant recent upgrades, including new windows and landscape from two years ago, plus updated asphalt parking, which reduces immediate capital expenditure for a new owner.
- In-Unit Amenities
All four units are equipped with individual air conditioning and washer/dryer sets, providing high-demand features that attract quality tenants and command competitive market rents.
CONSRISKS & DEFICIENCIES
- Local School Ratings
The property is situated in an area where many of the assigned public schools have lower performance ratings, which may limit appeal for families and impact long-term appreciation.
- Aging Infrastructure
Built in 1965, the building's core systems like plumbing and electrical may require more frequent maintenance or future modernization compared to newer residential income properties.
About 1050 Grand Ave.
Great opportunity for an investor or for a first time home buyer. Live in 1 unit and rent the other 3 to generate income. New windows recently installed front and back of building 2 years ago, as well as landscape. Parking asphalt - 3 yrs ago. AC in all units. Roof inspected 1 year ago. Washer/Dryer in all units.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1965
- Lot Size
- 6,098 Sq. Ft.
Interior
- Total Bedrooms
- 8
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sacramento Unified Schools
Del Paso Heights Elementary School
Grades K-6 • 0.6 mi
3/10
Taylor Street Elementary School
Grades K-6 • 0.9 mi
3/10
Michael J. Castori Elementary School
Grades K-6 • 0.9 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 8.0 | 4.6 |
| Baths | 0.0 | 3.6 |
| Square foot | 3,240 | 1,911.465 |
| Lot Size | 6,098 | 6,677.419 |
| Price | $735.0K | $673.8K |
| Price per sq ft | $227 | $336 |
| Built year | 1965 | 1956 |
| HOA | $0 | $304 |
| Days on market | 65 | 55 |
Pricing History
Listed for Sale
Jul 6, 2026
$735,000
Initial Listing
Sold
Apr 27, 2015
$339,000
Public Record
Sold
Nov 16, 2011
$150,000
Public Record
Sold
Aug 8, 2007
$475,000
Public Record
Sold
Mar 22, 2005
$568,000
Public Record
Sold
Jun 1, 2004
$410,000
Public Record