3324 V Street, Sacramento, CA 95817, Sacramento, 95817 - 1 bed, 1 bath
ACTIVE$1,150,000$600/sqft
3324 V Street, Sacramento, CA 95817
1Bed
1Bath
600Sqft
3,204Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Strong Investment Opportunity: Explicitly marketed as an 'Excellent fourplex investment' with 'excellent cash flow,' indicating a high potential for rental income and return on investment.
Top Cons:
MLS Listing Discrepancy: 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.
Compared to the nearby listings
Price:$1.15M vs avg $630.0K (+$520,000)90%
Size:600 sqft vs avg 1,548.5 sqft20%
Price/sqft:$1.9K vs avg $35690%
More Insights
Built in 1952 (74 years old).
Condition: Despite the 1952 build year, the MLS description explicitly states 'fully renovated and upgraded units with new kitchens, bathrooms, flooring, paint, and more!' The images confirm this, showcasing brand new, modern kitchens with white shaker cabinets, quartz countertops, stainless steel appliances, and subway tile backsplashes. Bathrooms feature new vanities, modern fixtures, and subway tile surrounds. All units have new light wood-look LVP flooring, fresh paint, recessed lighting, and modern mini-split HVAC systems. The overall interior condition is virtually new and meets current quality standards.
Year Built
1952
Close
-
List price
$1.15M
Original List price
-
Price/Sqft
$1,917
HOA
$0
Days on market
-
Sold On
-
MLS number
225151927
Home ConditionExcellent
Features
Good View:
View-
About this home
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.
V
Vladimir Sonnik
Listing Agent
Price History
Date
Event
Price
06/16/00
Sold
$5,000
07/22/22
Sold
$894,500
04/15/09
Sold
$220,000
02/25/09
Sold
$126,000
Condition Rating
Excellent
Despite the 1952 build year, the MLS description explicitly states 'fully renovated and upgraded units with new kitchens, bathrooms, flooring, paint, and more!' The images confirm this, showcasing brand new, modern kitchens with white shaker cabinets, quartz countertops, stainless steel appliances, and subway tile backsplashes. Bathrooms feature new vanities, modern fixtures, and subway tile surrounds. All units have new light wood-look LVP flooring, fresh paint, recessed lighting, and modern mini-split HVAC systems. The overall interior condition is virtually new and meets current quality standards.
Pros & Cons
Pros
Strong Investment Opportunity: Explicitly marketed as an 'Excellent fourplex investment' with 'excellent cash flow,' indicating a high potential for rental income and return on investment.
Fully Renovated Units: All four units have been fully renovated and upgraded with new kitchens, bathrooms, flooring, and paint, reducing immediate capital expenditure for a new owner and enhancing tenant appeal.
Prime Location & Growth Area: Situated in the 'growing Med Center District within the rapidly growing neighborhood' of Sacramento, suggesting strong rental demand and potential for property value appreciation.
Excellent Accessibility: Conveniently located near schools (Sacramento High School) and offers streamline access to major highways (50, I-80), Midtown, East Sacramento, and South Sacramento, appealing to a broad tenant base.
Income-Generating Property: As a quadruplex, the property provides multiple income streams, diversifying risk and offering a stable revenue source for investors.
Cons
MLS Listing Discrepancy: 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.
Age of Building Infrastructure: Built in 1952, the underlying building structure and core systems (e.g., plumbing, electrical, roof) are over 70 years old. While units are renovated, the overall building infrastructure may require significant capital expenditures in the future if not comprehensively updated.
Small Unit Footprint: Each unit is listed at 600 sqft with 1 bed/1 bath, which is a relatively small size that could limit the target tenant demographic or potentially command lower rental rates compared to larger units in the market.
Listing Data Discrepancy: The 'on_market_date' and 'price_change_date' are listed in the future (2025/2026), which is an unusual data anomaly that requires clarification and could indicate an error in the listing information.