
Sacramento, CA 95821
Cash/private money ONLY, property needs complete remodel, INVESTOR SPECIAL - TWO-UNITS INCOME PROPERTY! Zoning C-2, business mix use or residential, Bring Your Tools, Vision & Creativity! Incredible opportunity for investors, contractors, savvy buyers looking to add value and maximize rental income. This unique property features two separate residential units, a long driveway with RV parking potential, and a huge detached shop/storage shed in the backyard. Highlights: Front Unit: Spacious 3-4 beds, 1 bath. Potential rental income approx $2,500/month. Back Unit: Two-story living space featuring 2 beds and 2 baths. Potential rental income of approx $1,500/month. Huge Backyard Shop/Shed: Excellent additional storage, workshop, or hobby space. Long Driveway: Plenty of parking RV-friendly potential. Two Income-Producing Units: Multiple rental income opportunities on one property. THE INVESTMENT POTENTIAL With remodeling and improvements, the projected combined rental income approx $4,000/month ($48,000/year). At an asking price of $330,000, consider the potential Asking Price: $330,000, Projected Annual Gross Rent: $48,000 Projected Gross Rental Yield: 14.55%, Potential Value at a 10% Gross Rental Yield: $480,000, potential upside value $150,000 still have 10% return after that. Bring Your Contractor and Explore the Possibilities! Whether you're looking for a fix-and-rent opportunity, a multi-unit investment, or a property with room to add value, this is an opportunity worth investigating. Priced at $330,000 - Don't Miss This Investor Opportunity!
Property is extensive renovation needed.
Built in 1936, this property is explicitly listed as an 'investor special' requiring a complete remodel and cash-only financing. While one interior photo shows recent cosmetic updates like laminate flooring and recessed lighting, the exterior reveals boarded-up windows, dilapidated structures, and exposed utility lines, indicating significant safety and structural rehab needs consistent with a property over 80 years old.
With a projected gross rental yield of 14.55% and a combined monthly income of $4,000, this property offers significant cash-flow potential for seasoned investors post-renovation.
The C-2 zoning allows for both residential and business mixed-use, providing rare versatility for commercial applications, professional offices, or diverse residential strategies.
The property features two separate residential units and a large detached shop/shed, maximizing the utility of the 7,405 sqft lot and providing multiple income streams.
The property is in need of a complete remodel and is sold in 'as-is' condition, necessitating substantial upfront capital and construction expertise.
The requirement for cash or private money only excludes buyers relying on traditional FHA or conventional mortgage financing, significantly narrowing the pool of potential suitors.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-6 • 6.8 mi
Grades 6-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 3.5 |
| Square foot | 1,675 | 1,951.727 |
| Lot Size | 7,405 | 6,558.2 |
| Price | $306.0K | $658.0K |
| Price per sq ft | $183 | $327 |
| Built year | 1936 | 1957 |
| HOA | $0 | $304 |
| Days on market | 19 | 52 |
Oct 23, 2026
$305,999
$309,999
-1% Price Drop
Initial Listing
Oct 15, 2026
$309,999
$319,999
-3% Price Drop
Initial Listing
Oct 8, 2026
$319,999
$330,000
-3% Price Drop
Initial Listing
Oct 5, 2026
$330,000
Initial Listing
Jul 7, 2016
$110,000
Public Record