3718 45Th Ave, Sacramento, CA 95824, Sacramento, 95824 - 6 bed, 0 bath
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3718 45Th Ave
Sacramento, CA 95824
ACTIVE
CONDITION: EXCELLENT
6Beds
0Baths
2,585Sq Ft
7,445Lot Size
Property Price
LIST PRICE$999,999
EST. MARKET VALUE
$968,207
3% AboveMARKET VALUE
SUMMARY
This Quadruplex Residential Income Asset is a High-Potential Investment Opportunity, listed at $999,999, which aligns closely with its $968,208 Fair Market Value. Featuring a Condition Rating of 2 due to 2022 renovations including a newer roof and water heaters, the property offers operational efficiency through separately metered utilities. The current vacancy provides immediate lease-up potential, making this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage residential financing while securing a stable, income-generating property in a commuter-friendly location.
Estimated Market Value
$968,207
Based on Realkey algorithm analyzing recent comparable sales in Sacramento.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3718 45Th Ave Subject | $999,999* List Price | 6 | 0 | 2,585 | $375 | - |
A 5644 Odea Drive Active | $823,000 List Price | 8 | 4 | 2,570 | $320 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property underwent a renovation in 2022 (less than 5 years ago), which includes a newer roof and water heaters. Despite the 1961 build date, the recent updates to major systems and overall well-maintained condition meet the criteria for excellent.
PROSSTRENGTHS & OPPORTUNITIES
- Recent Capital Improvements
The property underwent significant renovations in 2022, including a newer roof and water heaters, which reduces the need for immediate capital expenditures and enhances long-term value.
- Operational Efficiency
Units are separately metered for PG&E and SMUD, shifting utility costs to tenants and significantly improving the net operating income for the owner.
- Immediate Value-Add Potential
With one unit currently vacant, an investor can immediately secure market-rate rent or an owner-user can occupy the unit to take advantage of residential financing options.
CONSRISKS & DEFICIENCIES
- Aggressive Pricing
The list price of $999,999 is a substantial increase over the 2023 sale price of $870,000, which may challenge investor expectations regarding the current capitalization rate.
- Compact Living Units
With a total of 2,585 square feet across four units, the average unit size is approximately 646 square feet, which may limit the tenant pool to smaller households.
About 3718 45Th Ave
Well-maintained fourplex offering strong investment potential with one vacant unit ready for immediate occupancy or lease. Renovated in 2022 with a newer roof, water heaters, and more, separately metered PG&E and SMUD, gated assigned parking, shared coin-operated laundry, and common outdoor space. Conveniently located near shopping, schools, public transportation, and quick access to Highway 99, with an easy commute to Downtown Sacramento.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1961
- Lot Size
- 7,445 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 4.6 |
| Baths | 0.0 | 3.6 |
| Square foot | 2,585 | 1,911.465 |
| Lot Size | 7,445 | 6,677.419 |
| Price | $1000.0K | $673.8K |
| Price per sq ft | $387 | $336 |
| Built year | 1961 | 1956 |
| HOA | $0 | $304 |
| Days on market | 42 | 55 |
Pricing History
Listed for Sale
Jul 29, 2026
$999,999
Initial Listing
Sold
Mar 13, 2023
$870,000
Public Record
Sold
Nov 8, 2017
$240,000
Public Record
Sold
Apr 11, 2017
$96,000
Public Record