3324 V Street, Sacramento, CA 95817, Sacramento, 95817 - 1 bed, 1 bath
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Sacramento, CA 95817
This High-Potential Investment Opportunity is a Residential Income Quadruplex listed at $1,049,000, positioned above the $980,675 Fair Market Value. While the list price exceeds the current estimate, the property features a Turnkey Condition Rating following extensive professional renovations, including modern kitchens and HVAC systems. Located in the high-demand Med Center District, this asset offers immediate rental readiness and strong cash flow potential. This is an ideal acquisition for Buy-and-Hold Investors or Portfolio Managers seeking a stabilized, income-generating asset in a rapidly growing urban corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3324 V Street Subject | $1,049,000* List Price | 1 | 1 | 600 | $1,634 | - |
A 2017 30th Street Active | $1,095,000 List Price | 1 | 1 | 800 | $1,369 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1952, the property has undergone a complete and extensive professional renovation within the last 5 years. The interiors feature high-end finishes including new luxury vinyl plank flooring, recessed lighting, and modern mini-split HVAC systems. The kitchens are fully updated with white shaker cabinetry, quartz countertops, subway tile backsplashes, and new stainless steel appliances, while the bathrooms show contemporary tiling and fixtures, meeting the criteria for a turnkey, like-new condition.
The property features four fully renovated units with new kitchens, bathrooms, flooring, and paint, allowing for immediate occupancy and minimal initial capital expenditure.
Situated in the high-demand Med Center District with proximity to major highways and Midtown, the property is ideally positioned to attract medical professionals and long-term tenants.
As a residential income quadruplex in a rapidly growing neighborhood, this property offers excellent revenue potential and capital appreciation for savvy investors.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3204, other record lot size in square feet = 6428. Living area discrepancy between mls listing and other public or private record. mls listing living area = 600, other record living area = 2160. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 1, other record bedroom count = 4.
Built in 1952, the property may have aging underlying systems or structural elements that require ongoing maintenance despite the recent cosmetic and interior upgrades.
With a lot size of only 3,204 square feet for four units, the property likely offers minimal private outdoor space and potentially constrained on-site parking for residents.
Excellent fourplex investment in the growing Med Center District within the rapidly growing neighborhood. The Property features 4 fully renovated and upgraded units with new kitchens, bathrooms, flooring, paint, and more! Conveniently located near schools including Sacramento High School and provides streamline access to Highway 50, Interstate 80, Midtown, East Sacramento and South Sacramento. Excellent opportunity with excellent cash flow.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 40% |
| Baths | 1.0 | 2.0 | 20% |
| Square foot | 600 | 1,514 | 20% |
| Lot Size | 3,204 | 5,502 | 40% |
| Price | $1.05M | $465.0K | 80% |
| Price per sq ft | $1.7K | $284 | 80% |
| Built year | 1952 | 1950 | 60% |
| HOA | $0 | $0 | 50% |
| Days on market | 98 | 149 | 20% |
Mar 16, 2026
$1,049,000
Initial Listing
Jul 22, 2022
$894,500
Public Record
Apr 15, 2009
$220,000
Public Record
Feb 25, 2009
$126,000
Public Record
Jun 16, 2000
$5,000
Public Record