
Sacramento, CA 95820
This Prime Investment Opportunity is a Duplex listed at $499,000—positioned well below the $514,106 Fair Market Value by 2%. This valuation gap offers $15,106 in Instant Equity. Featuring a Good Condition Rating with recent capital improvements like a new roof and updated bathrooms, the property provides immediate cash flow. The large lot offers significant ADU development potential. This turnkey asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a stable, income-producing property in an established neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3534 20Th Ave Subject | $499,000* List Price | 0 | 0 | 1,873 | $274 | - |
A 3878 17th Avenue Active | $450,000 List Price | 3 | 2 | 1,657 | $272 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the structure dates to 1923, the property has undergone significant recent renovations including a new roof, fresh interior/exterior paint, and new flooring (carpet and vinyl). Bathrooms have been recently updated and the units are move-in ready. Kitchens appear to be older cabinetry refreshed with paint, but the overall maintenance and recent capital improvements qualify it as Good.
The property features significant capital improvements including a new roof, updated bathrooms, new flooring, and fresh interior and exterior paint, reducing immediate maintenance costs for a new owner.
With a total gross rental income of $2,840 per month from existing tenants and separate PG&E meters, this duplex offers reliable, day-one revenue for an investor.
The large backyard provides a versatile space that is ideal for a home playground, gardening, or the construction of an Accessory Dwelling Unit (ADU) to further increase property value and rental yield.
Built in 1923, the property's age may present underlying challenges typical of older homes, such as dated plumbing or electrical systems that may require attention beyond the recent cosmetic updates.
Unit B is currently leased at $995 per month, which appears significantly below market value for a 2-bedroom unit, potentially limiting the immediate cap rate until the lease can be adjusted.
Exceptional Duplex Investment Opportunity! Don't miss this well-maintained income-producing property offering a total of 5 bedrooms, 2.5 bathrooms, and 1,873± sq. ft. of living space on a 4,356± sq. ft. lot. Whether you're expanding your investment portfolio or looking for an owner-occupant opportunity, this duplex delivers immediate income and long-term potential.2 Kitchens, 3 bed / 1.25 bath downstairs and 2 bed / 1 bath upstairs. Bathrooms have been updated recently, new carpet, new tile and vinyl floors. New paint inside and out. And a huge backyard ready for that gardener and home playground area or build ADU! Currently generating $2,840 per month in gross rental income, Unit A is leased for $1,845/month and Unit B is leased for $995/month, providing reliable cash flow from day one. Major improvements include a new roof, while separate PG&E meters offer added convenience for utility management. Located in an established Sacramento neighborhood with easy access to schools, parks, shopping, dining, public transportation, and major freeways, this property continues to benefit from strong rental demand and excellent commuter access. A turnkey investment with stable income, valuable capital improvements, and room for future appreciation—this is an opportunity you won't want to miss!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,873 | - |
| Lot Size | 4,356 | - |
| Price | $499.0K | $694.2K |
| Price per sq ft | $266 | $325 |
| Built year | 1923 | 0 |
| HOA | $0 | $0 |
| Days on market | 9 | 69 |
Jul 14, 2026
$499,000
Initial Listing
Aug 6, 2021
$425,000
Public Record
Feb 21, 2012
$82,000
Public Record
Sep 17, 2010
$75,000
Public Record
May 28, 2004
$223,500
Public Record
Nov 26, 2003
$29,000
Public Record
Mar 10, 2000
$87,000
Public Record
Sep 2, 1998
$50,000
Public Record
Jun 25, 1998
$21,500
Public Record