340 S 2nd Street, Dixon, CA 95620, Dixon, 95620 - 0 bed, 0 bath
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340 S 2nd Street
Dixon, CA 95620
ACTIVE
CONDITION: FAIR
0Beds
0Baths
4,213Sq Ft
10,102Lot Size
Property Price
LIST PRICE$1,250,000
SUMMARY
Analysis of 340 S 2nd Street, Dixon, CA 95620 is currently available with a list price of $1,250,000. 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 Dixon 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
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1991 (33 years old), the property falls into the 'Fair' category as it is over 20 years old. While the listing mentions a recent exterior update and functional central HVAC systems, the age suggests original or dated kitchens and baths that likely require modernization to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Desirable Unit Mix
The property features three spacious 3-bedroom units, which are highly sought after by families and typically command premium rental rates compared to standard 1 or 2-bedroom multi-family configurations.
- Low Landlord Overhead
With separate utility meters, individual garages, and in-unit laundry hookups for every unit, the property minimizes owner-paid expenses and management complexity while increasing tenant retention.
- Recent Capital Improvements
The 1991 construction is complemented by a brand-new exterior on the south side as of August 2026, reducing immediate maintenance requirements and enhancing the building's long-term curb appeal.
CONSRISKS & DEFICIENCIES
- Bathroom Limitations
The 3-bedroom units only offer 1.5 bathrooms, which may be perceived as a drawback for larger households compared to modern developments that typically feature two full bathrooms for three-bedroom layouts.
- Significant Price Appreciation
The current list price of $1.25M represents a substantial increase from its 2017 sale price of $654,000, requiring a rigorous cap rate analysis to ensure the ROI aligns with current market rental rates.
About 340 S 2nd Street
Prime Investment Opportunity in East Dixon with Recent Upgrades!Built in 1991, this highly desirable fourplex offers a strong unit mix designed to maximize rental income and attract long-term tenants. The property features one single-story 2-bedroom, 1-bathroom unit alongside three spacious, two-story 3-bedroom, 1.5-bathroom units. Enjoy peace of mind and reduced future maintenance costs with a brand-new south side exterior replaced in August 2026.Every unit comes fully equipped with its own dedicated single-car garage, inside laundry hookups, central heating and air conditioning, and separate utility meters. Located in an East Dixon neighborhood, tenants are just blocks away from downtown dining, local shopping, the middle school, and the high school. This low-maintenance income property is an excellent, turn-key addition to any real estate portfolio.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1991
- Lot Size
- 10,102 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Pricing History
Listed for Sale
Aug 27, 2026
$1,250,000
Initial Listing
Sold
Mar 1, 2017
$654,000
Public Record
Sold
Jun 18, 2004
$600,000
Public Record