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1059 Acacia Avenue, Sacramento, CA 95815, Sacramento, 95815 - 4 bed, 2 bath

1059 Acacia Avenue, Sacramento, CA 95815 home-pic-0
ACTIVE$490,000
1059 Acacia Avenue, Sacramento, CA 95815
4Beds
2Baths
1,469Sqft
24,598Lot
Year Built
1920
Close
-
List price
$490K
Original List price
-
Price/Sqft
$334
HOA
$0
Days on market
-
Sold On
-
MLS number
225114396
Home ConditionExcellent
Features
Patio
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $490.0K(91th), sqft - 1469(84th), beds - 4(78th), baths - 2(50th).

Multi-Family Living / Investment Opportunity! Situated on a spacious 0.56-acre lot, with potential to build an additional dwelling. This property is priced to sell and offers strong rental income potential. Main Home: 4 bed 2 bath; 1,469 sqft. Currently rented for $2,950/month, with lease in place through 1/15/26. Attached Permitted ADU: 1 bed 1 bath; 498 sqft with private entrance. Currently rented for $1,300/month on a month-to-month lease. Recently updated with new windows, flooring, paint, bathrooms, kitchen, making this a low-maintenance investment. Whether you're looking to expand your portfolio or enjoy multi-generational living, this property is a rare find with income already in place.

Price History

Date
Event
Price
09/01/25
Price Change
$490,000
07/08/15
Sold
$168,000
06/08/12
Sold
$78,000
Condition Rating
Excellent
Despite being built in 1920, the property has undergone extensive and recent renovations, as explicitly stated in the description and clearly visible in the images. Both the main house and the ADU feature modern white shaker cabinets, light countertops, and stainless steel appliances in the kitchens. Bathrooms are updated with contemporary vanities, subway tile showers, and new fixtures. New light-colored laminate/LVP flooring is consistent throughout, and walls are freshly painted. New windows are also mentioned. These updates make the property's interior virtually new and meet current quality standards, positioning it as a low-maintenance investment.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 24598, living area = 1469.
Strong Dual Income Stream: The property offers significant rental income from both the main 4-bed, 2-bath home ($2,950/month) and a permitted 1-bed, 1-bath ADU ($1,300/month), totaling $4,250/month with existing leases.
Large Lot with Development Potential: Situated on a spacious 0.56-acre lot, the property provides ample outdoor space and the potential to build an additional dwelling, offering future value appreciation.
Recent Updates & Low Maintenance: The property has been recently updated with new windows, flooring, paint, bathrooms, and kitchen, positioning it as a low-maintenance investment for the immediate future.
Versatile Use Case: Ideal for both investors looking to expand their portfolio and individuals seeking multi-generational living arrangements, thanks to the separate, private-entrance ADU.
No Homeowners Association (HOA) Fees: The absence of HOA fees contributes to lower ongoing ownership costs, enhancing the property's investment appeal.

Cons

Age of Property: Built in 1920, the property, despite recent cosmetic updates, may still harbor underlying issues common to older homes, such as plumbing, electrical, or foundation concerns, potentially requiring future investment.
Long-Term Main House Lease: The main house is under a lease until January 15, 2026, which, while providing stable income, limits immediate owner-occupancy options or significant rental adjustments for the primary unit.
Limited Information on Major Systems: While cosmetic updates are highlighted, the description lacks specific details on the condition or age of critical systems like HVAC, roof, or foundation, which could lead to unforeseen expenses in an older property.

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