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1317 G Street, Sacramento, CA 95814, Sacramento, 95814 - 5 bed, 7 bath

1317 G Street, Sacramento, CA 95814 home-pic-0
ACTIVE$1,900,000$6,275/sqft
1317 G Street, Sacramento, CA 95814
5Beds
7Baths
6,275Sqft
7,971Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Income-Generating Quadruplex: This property is a turn-key quadruplex, offering diverse rental units (3-bed, 2x 1-bed, studio) ideal for investors or owner-occupants seeking to offset mortgage costs.
Top Cons:
High Capital Investment: The list price of $1.9 million represents a substantial investment, potentially limiting the pool of prospective buyers.

Compared to the nearby listings

Price:$1.90M vs avg $1.62M (+$283,500)67%
Size:6,275 sqft vs avg 4,470 sqft67%
Price/sqft:$303 vs avg $33933%

More Insights

Built in 2014 (12 years old).
Condition: Built in 2014, this property is only 10 years old and is described as a 'luxurious turn-key opportunity' with 'owner-built custom' features. The main unit's kitchen showcases high-end wood cabinetry, granite countertops, and modern built-in appliances, while the main bathroom features a spacious tiled walk-in shower with a rain head. Even the secondary rental units present clean, modern white cabinetry, functional appliances, and tiled showers. All areas are exceptionally well-maintained with no visible deferred maintenance, meeting current quality standards for a property of its age and type.
Year Built
2014
Close
-
List price
$1.9M
Original List price
-
Price/Sqft
$303
HOA
$0
Days on market
-
Sold On
-
MLS number
225137753
Home ConditionExcellent
Features
Deck
View-

About this home

Seller Financing Available! 1317- 1323 G Street is a luxurious turn-key opportunity located the desirable neighborhood of Mansion Flats in Sacramento, CA. This owner-built custom asset was constructed in 2014 and family owned and maintained since. The gated community is comprised of (1) oversized three-bedroom two-bathroom townhome, (2) large one-bedroom one and a half-bathroom townhomes, and (1) Studio. The 3,050SF Townhome screams luxury with it's high ceilings, granite countertops, hardwood floors, walk-in closets, and a two car garage. The one- bedroom townhomes feature large bedrooms with gas fireplaces, wood floors, walk-in closets, second story balcony and single car garages. The fully furnished studio has proven to be the perfect rental for the travel nurse or potentially an Airbnb. Each unit features in-unit washer/dyer and modern appliances. This class A property offers investors a chance to own a turn-key asset that will appreciate for years to come. This property is also prime for the owner occupied buyer looking for a beautiful home that includes three additional rental units to offset the cost of homeownership. Seller Financing Available at 35% - 45% Down, 5.0% Interest Only, Due and Payable Between 3 - 7 Years.

I
Isaac Merritt
Listing Agent
Condition Rating
Excellent
Built in 2014, this property is only 10 years old and is described as a 'luxurious turn-key opportunity' with 'owner-built custom' features. The main unit's kitchen showcases high-end wood cabinetry, granite countertops, and modern built-in appliances, while the main bathroom features a spacious tiled walk-in shower with a rain head. Even the secondary rental units present clean, modern white cabinetry, functional appliances, and tiled showers. All areas are exceptionally well-maintained with no visible deferred maintenance, meeting current quality standards for a property of its age and type.
Pros & Cons

Pros

Income-Generating Quadruplex: This property is a turn-key quadruplex, offering diverse rental units (3-bed, 2x 1-bed, studio) ideal for investors or owner-occupants seeking to offset mortgage costs.
Modern & Luxurious Construction: Built in 2014, the property boasts high ceilings, granite countertops, hardwood floors, walk-in closets, and modern appliances, ensuring a premium living experience and minimal immediate maintenance.
Seller Financing Available: A significant advantage for buyers, offering flexible terms with 35-45% down, 5.0% interest-only payments, and a due date between 3-7 years.
Desirable Location: Situated in the sought-after Mansion Flats neighborhood of Sacramento, promising potential for appreciation and strong tenant demand.
Premium Amenities & Gated Community: Features include in-unit washer/dryer, gas fireplaces, balconies, and garages, all within a secure, gated community, enhancing tenant appeal and property value.

Cons

High Capital Investment: The list price of $1.9 million represents a substantial investment, potentially limiting the pool of prospective buyers.
Seller Financing Balloon Risk: While attractive, the interest-only payments and 3-7 year due date for seller financing imply a significant balloon payment or refinancing requirement in the near future, subject to market fluctuations.
Lack of Detailed Financials: The listing does not provide specific current rental income, operating expenses, or cap rate, which are crucial for a comprehensive investment analysis.
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