4129 Apostolo Circle, Sacramento, CA 95824, Sacramento, 95824 - bed, bath
ACTIVE$838,000$3,738/sqft
4129 Apostolo Circle, Sacramento, CA 95824
0Bed
0Bath
3,738Sqft
8,778Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Strong Investment Opportunity: Explicitly marketed as a 'rare investment opportunity' with 'strong rental income potential,' 'stable cash flow,' 'long-term tenants,' and 'low vacancy history' in a 'high-demand rental corridor.'
Top Cons:
Property Age: Built in 1965, the property's age suggests potential for future capital expenditures on major systems (e.g., HVAC, plumbing, electrical) or cosmetic updates to remain competitive.
Compared to the nearby listings
Price:$838.0K vs avg $420.0K (+$418,000)80%
Size:3,738 sqft vs avg 1,440 sqft80%
Price/sqft:$224 vs avg $22450%
More Insights
Built in 1965 (61 years old).
Condition: Built in 1965, this quadruplex is aged but described as 'well-maintained' with 'long-term tenants,' suggesting functionality. However, the exterior images show older HVAC units and a dated appearance, consistent with its age. Crucially, there are no interior photos to assess the condition of kitchens, bathrooms, flooring, or appliances directly. Given the property's age and the lack of any mention of recent extensive renovations, it's highly probable that interior components, including kitchens and bathrooms, are functional but outdated and would require cosmetic updates to meet current standards, as also suggested by the property analysis highlighting 'potential for future capital expenditures on major systems... or cosmetic updates.' This aligns with the 'Fair' category, indicating an aged but maintained property where major components are functional but show signs of being outdated.
Year Built
1965
Close
-
List price
$838K
Original List price
-
Price/Sqft
$224
HOA
$427
Days on market
-
Sold On
-
MLS number
ML82008227
Home ConditionFair
Features
View-
About this home
Rare investment opportunity in South Sacramento! Welcome to 4129 Apostolo Circle a well-maintained 4-plex offering strong rental income potential in a rapidly growing area. Each unit features 2 bedrooms and 1 bathroom with thoughtful layouts, ample natural light, and designated parking. Located on a quiet residential street near schools, parks, shopping, and easy freeway access, this property is ideal for investors seeking stable cash flow or owner-occupants looking to live in one unit and rent the others. Long-term tenants, low vacancy history, and separately metered units make this a smart addition to any portfolio. Dont miss your chance to own a multi-family property in one of Sacramentos high-demand rental corridors!
I
Ian Elmazaj
Listing Agent
Nearby schools
2/10
Ethel I. Baker Elementary School
Public,•K-6•0.4mi
2/10
Pacific Elementary School
Public,•K-6•0.6mi
3/10
Fern Bacon Middle School
Public,•7-8•1.3mi
2/10
Will C. Wood Middle School
Public,•7-8•1.6mi
2/10
Hiram W. Johnson High School
Public,•9-12•2.2mi
5/10
C. K. Mcclatchy High School
Public,•9-12•2.4mi
Price History
Date
Event
Price
04/21/21
Sold
$655,000
Condition Rating
Fair
Built in 1965, this quadruplex is aged but described as 'well-maintained' with 'long-term tenants,' suggesting functionality. However, the exterior images show older HVAC units and a dated appearance, consistent with its age. Crucially, there are no interior photos to assess the condition of kitchens, bathrooms, flooring, or appliances directly. Given the property's age and the lack of any mention of recent extensive renovations, it's highly probable that interior components, including kitchens and bathrooms, are functional but outdated and would require cosmetic updates to meet current standards, as also suggested by the property analysis highlighting 'potential for future capital expenditures on major systems... or cosmetic updates.' This aligns with the 'Fair' category, indicating an aged but maintained property where major components are functional but show signs of being outdated.
Pros & Cons
Pros
Strong Investment Opportunity: Explicitly marketed as a 'rare investment opportunity' with 'strong rental income potential,' 'stable cash flow,' 'long-term tenants,' and 'low vacancy history' in a 'high-demand rental corridor.'
Multi-Unit & Separately Metered: A 4-plex (quadruplex) with individually metered units simplifies utility management and enhances investor appeal by reducing landlord-borne utility costs.
Prime Location & Accessibility: Situated on a 'quiet residential street' with convenient access to 'schools, parks, shopping, and easy freeway access,' appealing to a broad tenant base.
Well-Maintained & Functional Units: Described as 'well-maintained' with 'thoughtful layouts,' 'ample natural light,' and 'designated parking' for each 2-bed/1-bath unit.
Owner-Occupant Potential: Offers flexibility for an owner-occupant to live in one unit while generating income from the other three, significantly offsetting housing costs.
Cons
Property Age: Built in 1965, the property's age suggests potential for future capital expenditures on major systems (e.g., HVAC, plumbing, electrical) or cosmetic updates to remain competitive.
Mixed School Ratings: While located near schools, several elementary and middle schools in the immediate vicinity have lower ratings (2-3), which could be a consideration for families with school-aged children.
Unusual Association Fee: A monthly association fee of $427 for a quadruplex is atypical and represents a significant recurring expense that will impact the property's net operating income and overall investment return.