
Sacramento, CA 95816
This High-Potential Investment Opportunity is a turnkey fourplex listed at $999,000, positioned slightly above the $981,128 Fair Market Value. Featuring a Good Condition Rating, the property offers significant stability with recent kitchen and bath remodels in 50% of units and updated HVAC systems. With one unit delivered vacant, this asset provides immediate flexibility for an Owner-Occupant to house-hack or an Investor to capture market rents. Its rare in-unit laundry hookups and proximity to top-rated schools ensure strong, long-term tenant demand.
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 | $289 | - |
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.
While the structure dates to 1910, the property is well-maintained with significant recent upgrades including full kitchen and bath remodels in 50% of the units within the last year. With 3 out of 4 HVAC systems recently replaced and updated electrical sub-panels visible, the property meets the 'Good' criteria for being functional and move-in ready despite some remaining dated elements in the non-remodeled units.
The property features significant upgrades, including two fully remodeled units with new kitchens and bathrooms, plus three out of four HVAC systems recently replaced, reducing near-term capital expenditure.
All four units include rare in-unit laundry hookups, a high-demand feature for one-bedroom rentals that significantly increases tenant retention and justifies premium rental rates.
With one unit delivered vacant, the property is perfectly positioned for an owner-occupant buyer or an investor looking to immediately set market-level rent without relocation costs.
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 possess legacy plumbing, electrical, or foundation elements that require more frequent maintenance compared to modern multi-family assets.
The 3,400 sqft building sits on a modest 3,049 sqft lot, resulting in limited outdoor common space and potentially constrained on-site parking options for tenants.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 3,400 | 3,179 | 67% |
| Lot Size | 3,049 | 4,356 | 50% |
| Price | $999.0K | $884.0K | 50% |
| Price per sq ft | $294 | $398 | 33% |
| Built year | 1910 | 1915 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 171 | 17% |
May 13, 2026
$999,000
Initial Listing
Aug 19, 2024
$910,000
Public Record