1401 Topaz Way, Sacramento, CA 95864, Sacramento, 95864 - 4 bed, 2 bath
Loading property details...
Sacramento, CA 95864
This Duplex Residential Income property is a High-Potential Investment Opportunity, listed at $600,000—positioned well below the $689,674 Fair Market Value by 13%. This valuation gap offers $89,674 in Instant Equity. Featuring a Good Condition Rating with modern infrastructure like tankless water heaters and LVP flooring, the property provides immediate rental stability. With private garages and backyards, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a strategic house-hacking solution in the Arden-Arcade area.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1401 Topaz Way Subject | $600,000* List Price | 4 | 2 | 2,040 | $338 | - |
A 1328 Topaz Way Sold | $610,000 | 4 | 2 | 1,640 | $372 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite the 1962 build date, the property is well-maintained and move-in ready due to significant recent updates. Key improvements include modern central HVAC, energy-efficient tankless water heaters, dual-pane windows, and newer LVP flooring, which align with the 'Good' criteria for a renovated older structure.
The duplex configuration offers a rare 'house-hacking' opportunity for an owner-occupant to live in the vacant unit while collecting immediate rental income from the established long-term tenant.
The property features significant capital improvements including central HVAC, dual-pane windows, energy-efficient tankless water heaters, and durable LVP flooring, reducing immediate maintenance concerns.
Unlike many multi-family units, each side includes an attached private garage with laundry hook-ups and a large private backyard, significantly increasing rental desirability and tenant retention.
The assigned local schools have low performance ratings (2/10 and 3/10), which may deter family-oriented tenants and potentially limit long-term capital appreciation.
A recent price reduction from $625,000 suggests the property faced initial market resistance, potentially indicating that the current list price is at the ceiling for the Arden-Arcade area.
A perfect investment opportunity awaits in this always popular Arden-Arcade neighborhood! This highly desirable duplex already has a long-term, reliable, month-to-month tenant residing on one side. Vacancy on the other permits a rare chance for a home-owner to move right in while collecting rental income. If preferred, you will enjoy a steady stream of tenant interest as the units will appeal to a broad audience. Each unit features 2 bedrooms and 1 bathroom and a spacious, light-filled living room. Central HVAC, dual pane windows and energy efficient tankless water heaters are in place on both sides along with newer long-lasting LVP flooring and ceiling fans. Large .17 acre lot allows for sizable private backyards for each unit along with attached separate garages each with laundry hook-ups. Convenient location near downtown Sacramento, Hwy 80, schools, dining and shopping. This duplex is sure to check all the boxes; schedule your visit soon!
No exterior & parking available.
Grades K-6 • 6.8 mi
Grades K-8 • 0.2 mi
Grades 6-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 5.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,040 | 1,970 | 50% |
| Lot Size | 7,410 | 8,714.5 | 50% |
| Price | $600.0K | $656.9K | 50% |
| Price per sq ft | $294 | $335 | 50% |
| Built year | 1962 | 1957 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 125 | 50% |
May 25, 2026
$600,000
$625,000
-4% Price Drop
Initial Listing
May 13, 2026
$625,000
Initial Listing
Aug 29, 2022
$525,000
Public Record
Dec 14, 2000
$162,500
Public Record