
Sacramento, CA 95816
This High-Potential Investment Opportunity is a turnkey fourplex listed at $999,000, positioned above the $890,292 Fair Market Value. While priced at a premium, the property offers significant stability with long-term tenants and a vacant unit for immediate occupancy. Featuring a Condition Rating of 3, the asset includes in-unit laundry hookups, a private deck, and recent kitchen/bath remodels. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage a stable, income-producing asset in a high-demand urban market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1717 26th Subject | $999,000* List Price | 4 | 4 | 3,400 | $262 | - |
A 1515 24th Street Sold | $750,000 | 4 | 4 | 3,358 | $223 | 0.2 mi |
B 1717 26th Active | $949,000 List Price | 4 | 4 | 3,400 | $279 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1910, the property is well-maintained with significant recent updates including two units remodeled last year (kitchens/baths) and 75% of HVAC systems replaced. The remaining units and common areas appear functional and move-in ready, though some dated fixtures and wall heaters are still present.
Two units were fully remodeled last year with new kitchens and bathrooms, and three out of four HVAC systems have been replaced, significantly reducing immediate deferred maintenance costs.
The inclusion of in-unit laundry hookups in all four units is a rare and highly desirable feature for this property type, providing a competitive edge in the rental market.
With one unit currently vacant, the property is perfectly positioned for an owner-occupant to utilize favorable residential financing or for an investor to immediately realize market-rate rent.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3049, other record lot size in square feet = 6000. Living area discrepancy between mls listing and other public or private record. mls listing living area = 3400, other record living area = 3600.
Built in 1910, the property may require ongoing specialized maintenance and potential upgrades to century-old structural, plumbing, or electrical systems not covered by recent renovations.
The compact 3,049 sqft lot offers minimal outdoor common areas for tenants and likely restricts on-site parking options, which may be a drawback in a high-density urban area.
Turnkey fourplex featuring four 1-bedroom, 1-bath units, each offering rare in-unit laundry hookups. One of the four units is currently vacant and available for showings anytime, providing an excellent opportunity for an owner-occupant or to lease at market rent. The remaining units are occupied by long-term tenants, offering stable cash flow. Two of the four units were remodeled last year with new kitchens, appliances, and bathrooms. HVAC systems have been replaced in 3 out of 4 units. Well-maintained property with strong tenant demand and upside potential. Ideal for investors seeking an income-producing asset
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades K-6 • 1.1 mi
Grades K-6 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 3,400 | - |
| Lot Size | 3,049 | - |
| Price | $999.0K | $694.2K |
| Price per sq ft | $294 | $325 |
| Built year | 1910 | 0 |
| HOA | $0 | $0 |
| Days on market | 2 | 69 |
Jul 21, 2026
$999,000
Initial Listing
Aug 19, 2024
$910,000
Public Record