2372 Albatross Way, Sacramento, CA 95815, Sacramento, 95815 - 4 bed, 4 bath
ACTIVE$749,000$600/sqft
2372 Albatross Way, Sacramento, CA 95815
4Beds
4Baths
600Sqft
10,454Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Exceptional Cash Flow: Generates $6,090 in monthly income from rent and RUBS, with additional potential for rent growth, making it a strong income-producing asset.
Top Cons:
Small Unit Footprint: The listed 600 sqft (likely per unit) indicates relatively small living spaces, which could limit the tenant demographic or command lower rental rates compared to larger units.
Compared to the nearby listings
Price:$749.0K vs avg $636.2K (+$112,750)83%
Size:600 sqft vs avg 1,068 sqft42%
Price/sqft:$1.2K vs avg $31492%
More Insights
Built in 1955 (71 years old).
Condition: This property, despite being built in 1955, has undergone a full and extensive renovation, as evidenced by the modern upgrades seen in the images. The kitchens feature new white shaker cabinets, contemporary countertops, subway tile backsplashes, and new black appliances. Bathrooms are similarly updated with new vanities, fixtures, and modern tile surrounds. New LVP flooring is installed throughout the units, and walls are freshly painted. While the exterior shows its age and the HVAC appears to be individual wall/window units rather than central, the interiors are virtually new and meet current quality standards, making it turn-key and requiring no immediate renovations.
Year Built
1955
Close
-
List price
$749K
Original List price
-
Price/Sqft
$1,248
HOA
$0
Days on market
-
Sold On
-
MLS number
225151998
Home ConditionExcellent
Features
View-
About this home
Exceptional investment opportunity in Sacramento County! This fully renovated, turn-key fourplex generates $6,090 in monthly income from rent and RUBS, with additional potential for rent growth. Each unit features modern upgrades throughout, in-unit laundry, and a private backyard. The property also offers off-street parking and covered carports for tenant convenience. Ideal for entry-level or seasoned investors seeking strong cash flow in a high-demand rental market.
T
Timothy Swanston
Listing Agent
Nearby schools
4/10
D. W. Babcock Elementary School
Public,•K-6•0.2mi
2/10
Howe Avenue Elementary School
Public,•K-5•0.4mi
3/10
Greer Elementary School
Public,•K-5•1.5mi
8/10
Caleb Greenwood Elementary School
Public,•K-6•2.3mi
7/10
Harry Dewey Fundamental Elementary School
Public,•K-6•7.3mi
1/10
Martin Luther King Jr. Technology Academy
Public,•7-8•1.8mi
7/10
Sutter Middle School
Public,•7-8•3.3mi
2/10
Encina Preparatory High School
Public,•6-12•1.4mi
4/10
Grant Union High School
Public,•9-12•2.0mi
6/10
Rosemont High School
Public,•9-12•6.3mi
Price History
Date
Event
Price
04/05/22
Sold
$440,000
Condition Rating
Excellent
This property, despite being built in 1955, has undergone a full and extensive renovation, as evidenced by the modern upgrades seen in the images. The kitchens feature new white shaker cabinets, contemporary countertops, subway tile backsplashes, and new black appliances. Bathrooms are similarly updated with new vanities, fixtures, and modern tile surrounds. New LVP flooring is installed throughout the units, and walls are freshly painted. While the exterior shows its age and the HVAC appears to be individual wall/window units rather than central, the interiors are virtually new and meet current quality standards, making it turn-key and requiring no immediate renovations.
Pros & Cons
Pros
Exceptional Cash Flow: Generates $6,090 in monthly income from rent and RUBS, with additional potential for rent growth, making it a strong income-producing asset.
Turn-Key & Fully Renovated: The property is fully renovated with modern upgrades throughout each unit, minimizing immediate capital expenditure for a new owner.
High-Demand Rental Market: Located in a high-demand rental market in Sacramento, suggesting strong occupancy rates and potential for continued rental appreciation.
Desirable Tenant Amenities: Each unit offers in-unit laundry and a private backyard, complemented by off-street parking and covered carports, enhancing tenant appeal and retention.
Multi-Unit Investment: As a quadruplex, it provides diversified income streams and reduced vacancy risk compared to single-unit rental properties.
Cons
Small Unit Footprint: The listed 600 sqft (likely per unit) indicates relatively small living spaces, which could limit the tenant demographic or command lower rental rates compared to larger units.
Older Construction: Built in 1955, despite renovations, the underlying structure's age may present long-term maintenance considerations for systems not fully replaced.
Recent Price Reduction: A recent price drop from $775,000 to $749,000 could suggest initial overpricing or market resistance, warranting further investigation into its current market value.