15 Coral Gables Court, Sacramento, CA 95822, Sacramento, 95822 - 8 bed, 4 bath
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Sacramento, CA 95822
This Quadruplex Investment presents a Prime Investment Opportunity with a List Price of $850,000—positioned well below the $883,235 Fair Market Value by 3%. This valuation gap offers $33,235 in Instant Equity. Currently in Condition Rating of 4, the asset provides immediate Value-Add potential through scheduled rent increases across all units. With Seller-Owned Laundry, No HOA, and proximity to Light Rail, the property minimizes overhead while maximizing rental demand. This is a high-yield acquisition for Buy-and-Hold Investors or Portfolio Managers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15 Coral Gables Court Subject | $850,000* List Price | 8 | 4 | 2,800 | $315 | - |
A 67 Nedra Court Active | $875,000 List Price | 8 | 4 | 2,550 | $343 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1986, this quadruplex is well-maintained but shows its age. While the interiors feature some recent cosmetic updates like newer laminate flooring and fresh paint, the kitchens and bathrooms remain dated with basic cabinetry and older styles. The use of window/wall AC units instead of central HVAC and the overall simple finishes align with the 'fair' condition category for a property of this vintage.
Elementary School: Crocker/Riverside Elementary School (9/10).
With all four units currently due for rent increases, this quadruplex offers substantial potential for investors to immediately improve cash flow and overall cap rate.
The property features no HOA fees and includes seller-owned washers and dryers in every unit, reducing operating expenses and providing a high-demand amenity for tenants.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2800, other record living area = 2992.
The majority of the assigned local schools carry low ratings (2-3 out of 10), which may limit the property's appeal to families and impact long-term appreciation.
The requirement for offers to be made 'subject to inspection' suggests limited access for initial viewings, which can be a hurdle for buyers during the due diligence phase.
4 Units in South Sacramento. All 2 Bedroom, 1 Bath. All units have Seller Owned washers and dryers. Off Street parking. Close to Light Rail station. Recent improvements. No HOA. All rents due for increase. Drive by and Make Offer Subject to Inspection. Partial Seller Financing Available.
No exterior & parking available.
Grades K-3 • 0.3 mi
Grades 4-6 • 0.4 mi
Grades K-6 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 8.0 | 5.0 | 80% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 2,800 | 1,730 | 60% |
| Lot Size | 6,098 | 7,405 | 20% |
| Price | $850.0K | $780.0K | 80% |
| Price per sq ft | $304 | $311 | 40% |
| Built year | 1986 | 1963 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 54 | 90 | 20% |
Feb 27, 2026
$850,000
Initial Listing
Feb 14, 2017
$365,000
Public Record
Jun 7, 2013
$310,000
Public Record
Nov 30, 2007
$255,000
Public Record
Oct 31, 2007
$220,000
Public Record
Nov 1, 2004
$495,000
Public Record