3109 29th Ave, Sacramento, CA 95820, Sacramento, 95820 - 3 bed, 3 bath
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3109 29th Ave
Sacramento, CA 95820
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,690Sq Ft
10,890Lot Size
Property Price
LIST PRICE$950,000
EST. MARKET VALUE
$957,207
SUMMARY
This Multifamily Investment Asset is a High-Potential Investment Opportunity, listed at $950,000—positioned well below the $957,207 Fair Market Value by 0.75%. Featuring a Mint Condition Rating with comprehensive system upgrades, this property offers immediate rental readiness. The 3-unit configuration on a large lot provides exceptional income potential through house-hacking or full-scale leasing. With modern finishes and significant infrastructure improvements, this turnkey property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield, low-maintenance income stream.
Estimated Market Value
$957,207
Based on Realkey algorithm analyzing recent comparable sales in Sacramento.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3109 29th Ave Subject 3 bd · 3 ba · 1,690 sqft · $566 | $950,000* List Price | 3 | 3 | 1,690 | $566 | - |
A 3530 26th Avenue Active 4 bd · 3 ba · 1,704 sqft · $587 · 0.4 mi | $999,500 List Price | 4 | 3 | 1,704 | $587 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property underwent a full comprehensive remodel within the last 5 years, including major system upgrades to the roof, HVAC, plumbing, and electrical. Kitchens and bathrooms feature modern finishes, quartz countertops, and new appliances, placing it in mint condition with no maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10890, living area = 1690.
- Exceptional Income Potential
The property features three independent units (a main house plus two detached ADUs) on a single lot, providing a rare opportunity for high-yield rental income or a house-hacking strategy.
- Turnkey Modern Upgrades
Extensive renovations including a new roof, HVAC, plumbing, and electrical systems, alongside high-end finishes like quartz countertops and LVP flooring, minimize immediate capital expenditure.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1690, other record living area = 2884. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 7.
- Premium Price Point
The $950,000 asking price represents a significant premium for the 95820 zip code, which may challenge appraisal values and impact the initial capitalization rate for investors.
- High Density Logistics
Managing three separate households on one lot can lead to complexities regarding parking availability, privacy between units, and the equitable distribution of shared utility costs.
About 3109 29th Ave
3 UNITS ON ONE LARGE LOT! Incredible multifamily investment opportunity! Total sq. footage for all 3 units is 2,890 sq. ft, 7 bedrooms, and 5 bathrooms! Fully remodeled single-story main residence plus two new construction detached ADUs offering outstanding rental income potential for investors. Major system upgrades include new roof, HVAC, plumbing, electrical, and more providing peace of mind for years to come. The main home features 1,690 sq. ft. with 3 bedrooms + office (potential to convert to 5 bedrooms), 3 bath, quartz countertops, new appliances, LVP flooring, and modern finishes throughout. Each detached ADU is approximately 600 sq. ft. with 2 bedrooms, 1 bath, full-size kitchen with new appliances including refrigerator, in-unit laundry, and private entrances truly independent and rental-ready. Conveniently located just a few minutes away from downtown! Live in one and rent the others, or lease all three as a cash flowing property for maximum income. Opportunities like this are rare!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1947
- Lot Size
- 10,890 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,690 | 1,541.53 |
| Lot Size | 10,890 | 6,320.667 |
| Price | $950.0K | $503.2K |
| Price per sq ft | $562 | $331 |
| Built year | 1947 | 1975 |
| HOA | $0 | $130 |
| Days on market | 18 | 47 |
Pricing History
Listed for Sale
Oct 7, 2026
$950,000
Initial Listing
Sold
Dec 23, 2024
$280,000
Public Record