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1409 Victorian Alley, Sacramento, CA 95818, Sacramento, 95818 - 2 bed, 4 bath

1409 Victorian Alley, Sacramento, CA 95818 home-pic-0
ACTIVE$890,000$2,001/sqft
1409 Victorian Alley, Sacramento, CA 95818
2Beds
4Baths
2,001Sqft
1,634Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Income Potential & Flexibility: The innovative design allows for up to four rentable units per duplex (2x 1-bed, 2x studio) or a 2-bed + ADU configuration, maximizing rental income and tenant diversification through a mix of short-term and long-term leases.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2001, other record living area = 1686. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.

Compared to the nearby listings

Price:$890.0K vs avg $850.0K (+$40,000)60%
Size:2,001 sqft vs avg 2,298.5 sqft40%
Price/sqft:$445 vs avg $26980%

More Insights

Built in 2021 (5 years old).
Condition: Built in 2021, this property is virtually new. The kitchens feature modern white shaker cabinets, granite/quartz countertops, and stainless steel appliances. Bathrooms are equally modern with white vanities, contemporary fixtures, and clean shower surrounds. Throughout the units, there is consistent, modern wood-look laminate flooring, recessed lighting, and efficient ductless mini-split HVAC systems. All components appear new with no signs of wear or deferred maintenance.
Year Built
2021
Close
-
List price
$890K
Original List price
-
Price/Sqft
$445
HOA
$0
Days on market
-
Sold On
-
MLS number
225137461
Home ConditionExcellent
Features
Patio
View-

About this home

Each of the 4-bedroom duplex units can have 4 rentable units (2 of the 1-bedroom units, and 2 studio units) Each of the 2-bedroom duplexes have the option of using a separate exterior entrance door to ADU. The ADU can also have access to the remainder of that unit of duplex! So, each duplex can be a two bedroom or used as a Studio ADU unit and a 1 bedroom, which totals 4 rentable units! This duplex property can be part of a 3-income property package all on separate lots. Total price for all 3 properties is $2,439,000 discounted to $2,430,000 when all purchased together. The other duplex is 1413-1415 Victorian alley and is adjacent and attached to this duplex. The third property is 1412 V St which is Fully furnished and adjacent in the rear on a separate lot. The annual scheduled net income for the three properties is $320,753. Rents are sourced through the owner and Airbnb and include a mix of short-term and long-term tenants. All properties are fully furnished, rented and all managed by owner. Parking: the entire city block across from urban roots on the corner of 14th and V St is unlimited free no meter parking. All streets in the area are free street parking. Owners can receive parking passes and guest passes for parking.

S
Simon Mills
Listing Agent
Condition Rating
Excellent
Built in 2021, this property is virtually new. The kitchens feature modern white shaker cabinets, granite/quartz countertops, and stainless steel appliances. Bathrooms are equally modern with white vanities, contemporary fixtures, and clean shower surrounds. Throughout the units, there is consistent, modern wood-look laminate flooring, recessed lighting, and efficient ductless mini-split HVAC systems. All components appear new with no signs of wear or deferred maintenance.
Pros & Cons

Pros

Exceptional Income Potential & Flexibility: The innovative design allows for up to four rentable units per duplex (2x 1-bed, 2x studio) or a 2-bed + ADU configuration, maximizing rental income and tenant diversification through a mix of short-term and long-term leases.
New Construction (Built 2021): As a recently constructed property, it benefits from modern building standards, energy efficiency, and reduced immediate maintenance or capital expenditure requirements.
Turnkey Investment Opportunity: The property is fully furnished, currently rented, and professionally managed by the owner, offering a seamless and hassle-free acquisition for investors.
Portfolio Acquisition Potential: Available as part of a larger three-property package with a stated annual net income of $320,753 and a package discount, presenting a significant opportunity for portfolio expansion.
Abundant Free Parking: The availability of unlimited free street parking in an urban setting is a rare and highly desirable amenity for tenants and guests, enhancing rental appeal.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2001, other record living area = 1686. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
Pending Listing Status: The property is currently under contract, limiting immediate purchase opportunities for new interested buyers.
Reliance on Owner-Provided Financials: The stated annual net income and rental figures are sourced directly from the owner, necessitating comprehensive independent verification and due diligence by any prospective buyer.
Conflicting Listing Dates: The 'on_market_date' and 'modified_timestamp' are set in the future, which creates ambiguity and potential confusion regarding the property's current availability and listing accuracy.
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