3836 43rd Avenue, Sacramento, CA 95824, Sacramento, 95824 - 1 bed, 1 bath
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Sacramento, CA 95824
Analysis of 3836 43rd Avenue, Sacramento, CA 95824 is currently available with a list price of $599,000. 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.
Built in 1958, this property is a well-aged, functional income-producing asset. While described as a solid investment, it is explicitly marketed as a 'value-add' opportunity with vintage infrastructure, indicating that the kitchens, bathrooms, and interior finishes are likely outdated and require cosmetic updates to achieve market-rate rents.
The property currently operates at an approximate 20% loss-to-lease, providing an immediate opportunity for investors to increase cash flow by bringing rents up to market rates.
Being part of a 12-unit portfolio sale allows an investor to achieve immediate scale in the Sacramento market, offering better management efficiencies than scattered single-asset investments.
Located in the South Sacramento submarket, the property benefits from stabilizing fundamentals and strong long-term demand driven by regional economic growth.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7405, other record lot size in square feet = 7310. Living area discrepancy between mls listing and other public or private record. mls listing living area = 500, other record living area = 2472. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 1, other record bedroom count = 4.
The requirement to purchase this property alongside two other 4-plexes increases the total capital outlay and may exclude buyers looking for a single-asset acquisition.
Built in 1958, the property is an older asset that may require more frequent maintenance and capital expenditures for system upgrades compared to newer multifamily builds.
***3836 43rd Avenue must be purchased with 3441 & 3445 Altos Avenue, This is a portfolio sale of three separate 4plexes that must be purchased together as a package*** Colliers is pleased to present an attractive multifamily value-add opportunity in the Sacramento region: 3441-3445 Altos Avenue and 3836 43rd Avenue. This portfolio features three well-located, income-producing 4-plex properties totaling 12 units, 3836 43rd Avenue, built in 1958 a solid 4-plex investment positioned in the South Sacramento submarket, The property comes with Four 1Bedroom/1Bathroom Units and parking. 3445 Altos Avenue comprises two identical 4-plex buildings constructed in 1973, each approximately 2,000 square feet on individual 0.16-acre parcels. The combined unit mix consists of eight 1-bedroom/1-bath units. Currently operating at approximately 20% loss-to-lease, this asset presents immediate upside for an investor to capture market-rate rents with minimal capital. The Sacramento multifamily market continues to demonstrate resilience, with stabilizing fundamentals, moderating new supply, and strong long-term demand driven by regional economic growth. Offering Memorandum available for viewing.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.5 | 50% |
| Baths | 1.0 | 2.0 | 33% |
| Square foot | 500 | 1,276 | 17% |
| Lot Size | 7,405 | 6,823.5 | 50% |
| Price | $599.0K | $452.5K | 83% |
| Price per sq ft | $1.2K | $311 | 83% |
| Built year | 1958 | 1953 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 42 | 101 | 17% |
Mar 11, 2026
$599,000
Initial Listing
Mar 30, 2017
$279,000
Public Record
Jan 30, 2015
$141,500
Public Record
May 27, 2004
$310,000
Public Record