
Sacramento, CA 95816
This turnkey fourplex represents a Strong Value Opportunity, listed at a List Price of $999,000—positioned well below the $1,062,041 Fair Market Value by 5%. This valuation gap provides $63,041 in Instant Equity. Featuring new HVAC systems and in-unit laundry hookups, the property maintains a Condition Rating of 4. While the structure requires modernization in select units, the stable cash flow and long-term tenant base make this an ideal Buy-and-Hold Investor asset or a strategic addition for Income-Focused Investors seeking immediate returns.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1717 26th Subject 0 bd · 0 ba · 3,600 sqft · $295 | $999,000* List Price | 0 | 0 | 3,600 | $295 | - |
A 2706 F St Sold 4 bd · 4 ba · 2,560 sqft · $284 · 0.9 mi | $726,000 | 4 | 4 | 2,560 | $284 | 0.9 mi |
B 910 35th Street Sold 4 bd · 4 ba · 2,268 sqft · $351 · 0.9 mi | $795,000 | 4 | 4 | 2,268 | $351 | 0.9 mi |
C 1717 26th Active 4 bd · 4 ba · 3,400 sqft · $279 · 0.0 mi | $949,000 List Price | 4 | 4 | 3,400 | $279 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1910, this property is a mix of conditions. While the description notes two units were remodeled last year and HVAC systems are new, the provided images show dated bathrooms with vintage fixtures, worn original hardwood floors, and older utility areas in the remaining units that require modernization to meet current market standards.
The property delivers a stable estimated 6.5% cap rate with long-term tenants already in place, offering immediate cash flow and a turnkey opportunity for income-focused investors.
Significant recent upgrades include new HVAC systems for all four units and full remodels of two units with modern kitchens and bathrooms, effectively reducing near-term maintenance costs.
Each unit features rare in-unit laundry hookups, a premium amenity for a 1910-built property that significantly enhances tenant satisfaction and marketability in the Sacramento area.
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.
Built in 1910, the property may possess aging structural or plumbing components typical of century-old buildings that could require specialized and costly repairs over time.
The compact 3,049 square foot lot suggests a lack of significant off-street parking or outdoor common space, which may be a drawback for tenants in a high-density urban neighborhood.
Turnkey fourplex featuring four 1-bedroom, 1-bath units, each offering rare in-unit laundry hookups. All 4 units are occupied by long-term tenants, offering stable cash flow with an estimated cap rate of around 6.5%. Two of the four units were remodeled last year with new kitchens, appliances, and bathrooms. HVAC systems have been recently replaced in all 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 | 0.0 | 4.5 |
| Baths | 0.0 | 3.5 |
| Square foot | 3,600 | 1,951.727 |
| Lot Size | 3,049 | 6,558.2 |
| Price | $999.0K | $658.0K |
| Price per sq ft | $278 | $327 |
| Built year | 1910 | 1957 |
| HOA | $0 | $304 |
| Days on market | 25 | 52 |
Sep 29, 2026
$999,000
Initial Listing
Aug 19, 2024
$910,000
Public Record