Realkey.ai
RealKey
‪(213) 433-7766‬

1413 Victorian Alley, Sacramento, CA 95818, Sacramento, 95818 - 2 bed, 4 bath

1413 Victorian Alley, Sacramento, CA 95818 home-pic-0
ACTIVE$890,000$2,001/sqft
1413 Victorian Alley, Sacramento, CA 95818
2Beds
4Baths
2,001Sqft
1,634Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Flexible Rental Configuration: The duplex can be configured into 4 separate rentable units (two 1-bedroom and two studio ADUs), maximizing rental income potential and tenant diversity.
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: This property was built in 2021, making it a new construction. The images clearly show a pristine condition throughout, featuring modern kitchens with stainless steel appliances, granite/quartz countertops, and white shaker cabinets. The bathrooms are equally contemporary with modern vanities and glass-enclosed showers. All flooring, light fixtures, and cooling/heating systems (mini-splits) are new and meet current quality standards, indicating no deferred maintenance and minimal physical depreciation.
Year Built
2021
Close
-
List price
$890K
Original List price
-
Price/Sqft
$445
HOA
$0
Days on market
-
Sold On
-
MLS number
225137466
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
This property was built in 2021, making it a new construction. The images clearly show a pristine condition throughout, featuring modern kitchens with stainless steel appliances, granite/quartz countertops, and white shaker cabinets. The bathrooms are equally contemporary with modern vanities and glass-enclosed showers. All flooring, light fixtures, and cooling/heating systems (mini-splits) are new and meet current quality standards, indicating no deferred maintenance and minimal physical depreciation.
Pros & Cons

Pros

Flexible Rental Configuration: The duplex can be configured into 4 separate rentable units (two 1-bedroom and two studio ADUs), maximizing rental income potential and tenant diversity.
New Construction: Built in 2021, the property offers modern amenities, reduced immediate maintenance costs, and compliance with current building codes.
Turnkey Investment: Fully furnished, currently rented with a mix of short-term and long-term tenants, and owner-managed, providing immediate cash flow for an investor.
Part of Larger Investment Opportunity: This property can be purchased as part of a 3-property package with a discounted price and a high combined annual net income of $320,753, appealing to portfolio investors.
Abundant Parking: Located in an urban area with unlimited free street parking and potential for owner/guest passes, a significant and rare amenity for tenants.

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.
Conflicting Listing Status: The property is listed as 'Active' but the price history indicates a 'Pending' status, creating ambiguity regarding its current availability.
Complex Management & Rental Strategy: The current owner-managed short-term and long-term rental strategy across multiple flexible units requires a new owner to either replicate this complex management or hire a specialized property manager.
Ambiguous Property Details: There is a discrepancy between the listed '2 beds, 4 baths' and the description of 'each of the 2-bedroom duplexes' that can be split into '4 rentable units', which requires clarification on the actual physical layout and bedroom count.
Browse Properties by State Browse housing market trends by state