3711 46th Avenue, Sacramento, CA 95824, Sacramento, 95824 - 6 bed, 4 bath
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Sacramento, CA 95824
Analysis of 3711 46th Avenue, Sacramento, CA 95824 is currently available with a list price of $699,000. 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 Sacramento 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.
Property is moderate renovation needed.
The property is a 1961 build that has received recent cosmetic updates, including fresh interior paint and new laminate flooring, making it move-in ready for tenants. However, it retains several dated features that prevent a higher score, such as original-style wall furnaces, older painted kitchen cabinetry, and basic bathroom fixtures with older tile surrounds. While well-maintained for its age, the major systems and overall style reflect a property that has been updated occasionally rather than undergoing a full modern renovation.
With three units currently rented on month-to-month agreements and one unit vacant, the property offers immediate cash flow while providing the flexibility for an owner-occupant or the opportunity to lease the final unit at current market rates.
The units feature modern laminate flooring and fresh interior paint, presenting a clean and updated aesthetic that reduces immediate capital expenditure for a new owner and appeals to quality tenants.
The property’s proximity to major freeways, shopping centers, and public transportation ensures high tenant demand and minimizes vacancy risks in a prime Sacramento investment area.
The property has been active for over 180 days and has undergone a price reduction, which may indicate initial overpricing or lead to buyer hesitation regarding its market competitiveness.
Built in 1961, the property may require higher long-term maintenance reserves for aging structural components and utility systems compared to more modern multi-family developments.
Fantastic Investment Opportunity! Own this income-generating 4-plex with three units already rented and one vacant, ready for an owner-occupant or new tenant! Current tenants are on a month to month rental agreement. Each unit has been updated with stylish laminate flooring and fresh interior paint (prior to current tenants), offering a modern and inviting feel. Conveniently located with easy access to the freeway, shopping, and public transportation, this property is perfect for investors looking for steady rental income in a prime Sacramento location. Don't miss out on this chance to build your portfolio.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 83% |
| Baths | 4.0 | 2.0 | 83% |
| Square foot | 2,480 | 1,405 | 83% |
| Lot Size | 7,336 | 6,789 | 50% |
| Price | $699.0K | $452.5K | 83% |
| Price per sq ft | $282 | $301 | 17% |
| Built year | 1961 | 1953 | 83% |
| HOA | $0 | $0 | 50% |
| Days on market | 188 | 157 | 67% |
Apr 15, 2026
$699,000
$739,000
-5% Price Drop
Initial Listing
Oct 16, 2025
$739,000
Initial Listing
Apr 16, 2019
$475,000
Public Record
Jun 3, 2016
$235,000
Public Record
Dec 8, 2014
$190,000
Public Record
Aug 21, 2013
$159,000
Public Record
Jun 18, 2009
$86,000
Public Record