
Sacramento, CA 95838
This triplex presents a High-Potential Investment Opportunity with a List Price of $530,000—positioned above the $493,844 Fair Market Value by 7%. While the property requires modernization, its 0.54-acre lot and versatile unit mix provide significant long-term value-add potential. With a Condition Rating of 4, the asset is ideal for Buy-and-Hold Investors or Owner-Occupants looking to leverage rental income. Its strategic location near major transit routes and the UC Davis Medical Center ensures consistent demand despite the local school performance ratings.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1933 Los Robles Boulevard Subject | $530,000* List Price | 5 | 4 | 2,300 | $215 | - |
A 1909 Verano Street Pending | $599,900 List Price | 6 | 4 | 3,100 | $194 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1940, this triplex shows signs of age with some cosmetic updates like newer laminate flooring and paint. However, the kitchen cabinetry and fixtures appear dated (15-30 year range), and the overall interior finishes and sloped attic spaces suggest the property needs modernization of systems and aesthetic updates to meet modern standards.
The property features a diverse configuration of one and two-bedroom units, offering excellent flexibility for investors to maximize rental yields or for owner-occupants to offset their mortgage with multiple income streams.
Sitting on over half an acre (0.54 acres), the unusually large lot provides significant outdoor space for tenants and presents a rare opportunity for potential future expansion or the addition of Accessory Dwelling Units (ADUs).
The property is ideally positioned with convenient access to downtown Sacramento, UC Davis Medical Center, and major transit routes like Highway 50, ensuring consistent rental demand from the local workforce.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2300, other record living area = 2264.
Built in 1940, the property's age may necessitate higher ongoing maintenance costs and capital expenditures for updates to major systems such as plumbing, electrical, and roofing.
Many of the closest assigned schools have low performance ratings (ranging from 2 to 4), which may limit the property's appeal to families and impact long-term tenant retention for the larger units.
Excellent investment opportunity to own a well-located triplex on approximately 0.54 acres in Sacramento. The property includes a 1 bedroom, 1 bath unit, a 2 bedroom, 1 bath unit and a 2 bedroom, 1.5 bath unit, offering a versatile opportunity for investors or owner-occupants seeking rental income. The spacious lot provides ample outdoor space and adds to the property's overall appeal. Conveniently located near shopping, dining, schools, parks, public transportation and major commuter routes, this property also offers easy access to downtown Sacramento, UC Davis Medical Center and Highway 50. Whether you're looking to expand your investment portfolio or purchase your first multi-unit property, this triplex offers a desirable combination of location, unit mix and long-term potential.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-5 • 0.7 mi
Grades K-6 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 2,300 | - |
| Lot Size | 23,522 | - |
| Price | $530.0K | $694.2K |
| Price per sq ft | $230 | $325 |
| Built year | 1940 | 0 |
| HOA | $0 | $0 |
| Days on market | 10 | 69 |
Jul 13, 2026
$530,000
Initial Listing
Apr 28, 2021
$475,000
Public Record
Oct 10, 2017
$285,000
Public Record
Nov 3, 2016
$283,000
Public Record
Sep 8, 2015
$1,060,000
Public Record
May 6, 2010
$113,000
Public Record