3208 2nd Ave, Sacramento, CA 95817, Sacramento, 95817 - bed, bath
ACTIVE$875,000/sqft
3208 2nd Ave, Sacramento, CA 95817
0Bed
0Bath
Sqft
6,098Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Investment Opportunity: This fourplex property is located in the rapidly developing North Oak Park neighborhood, offering strong rental potential and appeal to investors seeking residential income.
Top Cons:
Lower School Ratings: Some nearby public schools, such as Hiram W. Johnson High School, have lower ratings, which might be a deterrent for prospective tenants with school-aged children.
Compared to the nearby listings
Price:$875.0K vs avg $630.0K (+$245,000)90%
Size: sqft vs avg 1,548.5 sqft20%
Price/sqft:$0 vs avg $31520%
More Insights
Built in 1992 (34 years old).
Condition: Built in 1992, this property is 32 years old. The listing explicitly states a 'Potential for Future Upgrades' and 'does not specify recent renovations or updates to unit interiors or common areas beyond its 1992 build.' This indicates that while the property is functional with in-unit laundry and AC, the kitchens, bathrooms, and other interior finishes are likely original to 1992 or have only received minor updates, making them outdated. The exterior shows signs of age and wear, consistent with a property of this vintage without recent major renovations. It fits the 'Fair' criteria of being built over 20 years ago (specifically 25-40 years) with no major renovations since construction, suggesting it requires minor updates or repairs to modernize.
Year Built
1992
Close
-
List price
$875K
Original List price
-
Price/Sqft
$0
HOA
$0
Days on market
-
Sold On
-
MLS number
41111035
Home ConditionFair
Features
View-
About this home
Don't miss this rare opportunity to own a fourplex property in the heart of North Oak Park, Sacramento. Built in 1992, this gated multi family building offers a solid mix of units and features that make it attractive to both investors and tenants alike. The property includes three spacious 2 bedroom, 2 bathroom units and one efficient studio unit, each with the convenience of in unit laundry and AC. Tenants enjoy the security and privacy of gated off street parking, a highly desirable amenity in the area. This low maintenance fourplex offers strong rental potential in a rapidly developing neighborhood. Located close to UC Davis Medical Center, Midtown, and major freeways, this is the ideal location for renters seeking urban living with a neighborhood feel.
G
Garrick Yan
Listing Agent
Nearby schools
6/10
David Lubin Elementary School
Public,•K-6•1.2mi
4/10
California Middle School
Public,•7-8•1.3mi
5/10
Kit Carson Middle School
Public,•7-12•1.7mi
2/10
Hiram W. Johnson High School
Public,•9-12•2.8mi
Price History
Date
Event
Price
03/28/00
Sold
$145,000
01/05/96
Sold
$81,000
07/10/24
Sold
$900,000
10/13/05
Sold
$540,000
Condition Rating
Fair
Built in 1992, this property is 32 years old. The listing explicitly states a 'Potential for Future Upgrades' and 'does not specify recent renovations or updates to unit interiors or common areas beyond its 1992 build.' This indicates that while the property is functional with in-unit laundry and AC, the kitchens, bathrooms, and other interior finishes are likely original to 1992 or have only received minor updates, making them outdated. The exterior shows signs of age and wear, consistent with a property of this vintage without recent major renovations. It fits the 'Fair' criteria of being built over 20 years ago (specifically 25-40 years) with no major renovations since construction, suggesting it requires minor updates or repairs to modernize.
Pros & Cons
Pros
Prime Investment Opportunity: This fourplex property is located in the rapidly developing North Oak Park neighborhood, offering strong rental potential and appeal to investors seeking residential income.
Modern Construction & Amenities: Built in 1992, the property features modern construction with highly desirable in-unit laundry and air conditioning in all units, enhancing tenant satisfaction and reducing investor maintenance concerns.
Excellent Location: Its strategic location close to UC Davis Medical Center, Midtown, and major freeways ensures high tenant demand and provides convenient urban living with a neighborhood feel.
Security & Privacy: The gated multi-family building with gated off-street parking offers enhanced security and privacy, a highly sought-after amenity for tenants in an urban environment.
Diverse Unit Mix: The property comprises three spacious 2-bedroom, 2-bathroom units and one efficient studio unit, catering to a broad tenant base and potentially maximizing occupancy rates.
Cons
Lower School Ratings: Some nearby public schools, such as Hiram W. Johnson High School, have lower ratings, which might be a deterrent for prospective tenants with school-aged children.
Potential for Future Upgrades: While described as 'low maintenance,' the property description does not specify recent renovations or updates to unit interiors or common areas beyond its 1992 build, potentially indicating future capital expenditure needs.
Limited Common Area Amenities: Beyond gated parking, the property description does not highlight additional common area amenities like a courtyard, fitness center, or dedicated recreational spaces, which some tenants may seek.