3208 2nd Ave, Sacramento, CA 95817, Sacramento, 95817 - 0 bed, 0 bath
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Sacramento, CA 95817
This Multi-Family Quadruplex is a strategic income asset in North Oak Park, listed at $875,000—positioned competitively near its $853,794 Fair Market Value. Built in 1992, the property holds a Fair Condition Rating, offering a versatile mix of three 2-bedroom units and one studio. Its location minutes from the UC Davis Medical Center drives high tenant demand, supported by gated off-street parking and proximity to David Lubin Elementary. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-demand rental in a rapidly developing urban corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3208 2nd Ave Subject | $875,000* List Price | 0 | 0 | 2,561 | $333 | - |
A 3300 Broadway Sold | $800,000 | 0 | 4 | 2,070 | $386 | 0.1 mi |
B 3126 31st Street Pending | $799,999 List Price | 4 | 3 | 2,500 | $320 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1992, this 33-year-old property falls into the fair category as it is aged but functional. Exterior images show signs of wear including weathered siding and cracked asphalt in the parking area. While the listing mentions desirable features like in-unit laundry and AC, the lack of interior photos suggests the kitchens and bathrooms likely retain original or dated finishes rather than recent modern renovations.
Situated in the rapidly developing North Oak Park area, the property is minutes from UC Davis Medical Center and Midtown, ensuring high demand from medical professionals and urban commuters.
Built in 1992, this newer construction features essential tenant draws including in-unit laundry, central AC, and the added security of gated off-street parking.
The property offers a strong mix of three spacious 2-bedroom/2-bathroom units and one studio, providing a diverse rental income stream and appealing to various tenant profiles.
The assigned high school carries a low rating of 2/10, which may deter long-term family tenants and impact the property's long-term appreciation potential compared to other neighborhoods.
The property was sold for $900,000 in July 2024 and is currently listed at $875,000, suggesting a recent decline in market value or a motivated seller situation that may concern investors.
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.
No exterior & parking available.
Grades K-6 • 1.2 mi
Grades 7-8 • 1.3 mi
Grades 7-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 2.0 | 33% |
| Baths | 0.0 | 3.0 | 11% |
| Square foot | 2,561 | 1,688 | 78% |
| Lot Size | 6,098 | 5,227 | 67% |
| Price | $875.0K | $530.0K | 89% |
| Price per sq ft | $342 | $325 | 56% |
| Built year | 1992 | 1950 | 89% |
| HOA | $0 | $0 | 50% |
| Days on market | 224 | 224 | 56% |
Sep 10, 2025
$875,000
Initial Listing
Jul 10, 2024
$900,000
Public Record
Oct 13, 2005
$540,000
Public Record
Mar 28, 2000
$145,000
Public Record
Jan 5, 1996
$81,000
Public Record