3208 2nd Ave, Sacramento, CA 95817, Sacramento, 95817 - bed, bath
3208 2nd Ave
Sacramento, CA 95817
Property Price
SUMMARY
Analysis of 3208 2nd Ave, Sacramento, CA 95817 is currently available with a list price of $875,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Sacramento Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1992, this 32-year-old property falls into the fair category as it is aged but functional with no mention of recent major renovations. Exterior images show typical wear such as cracked asphalt in the parking area and dated siding, consistent with a property of this age that has been maintained but not fully updated.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Location
Situated in the high-demand North Oak Park area, the property is minutes from UC Davis Medical Center and Midtown, ensuring a consistent pool of professional tenants.
- Modern Build Quality
Constructed in 1992, this building is significantly newer than much of the surrounding historic inventory, resulting in lower deferred maintenance and more modern systems.
- High-Value Amenities
The inclusion of in-unit laundry, central air conditioning, and gated off-street parking provides a significant competitive edge in the local rental market.
CONSRISKS & DEFICIENCIES
- Poor School Ratings
The local high school carries a low rating of 2/10, which may deter families and impact the long-term appreciation potential compared to better-rated districts.
- Negative Price Trend
The property sold for $900,000 in July 2024 and is now listed at $875,000, indicating a recent loss in market value or a need for a rapid exit by the seller.
- Unit Size Disparity
The single studio unit may experience higher turnover and lower rent stability compared to the three larger 2-bedroom units within the complex.
About 3208 2nd Ave
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.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1992
- Lot Size
- 6,098 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sacramento Unified Schools
David Lubin Elementary School
Grades K-6 • 1.2 mi
California Middle School
Grades 7-8 • 1.3 mi
Kit Carson Middle School
Grades 7-12 • 1.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | 3.0 | 20% |
| Baths | - | 2.0 | 10% |
| Square foot | 2,561 | 1,601 | 80% |
| Lot Size | 6,098 | 4,791.5 | 70% |
| Price | $875.0K | $571.5K | 90% |
| Price per sq ft | $342 | $364 | 50% |
| Built year | 1992 | 1955 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 178 | 191 | 30% |
Pricing History
Listed for Sale
Sep 10, 2025
$875,000
Initial Listing
Sold
Jul 10, 2024
$900,000
Public Record
Sold
Oct 13, 2005
$540,000
Public Record
Sold
Mar 28, 2000
$145,000
Public Record
Sold
Jan 5, 1996
$81,000
Public Record