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4145 Apostolo Circle, Sacramento, CA 95824, Sacramento, 95824 - 8 bed, 4 bath

4145 Apostolo Circle, Sacramento, CA 95824 home-pic-0
ACTIVE$849,000$2,709/sqft
4145 Apostolo Circle, Sacramento, CA 95824
8Beds
4Baths
2,709Sqft
7,296Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Immediate Rental Income: Three out of four units are currently occupied, providing immediate cash flow and reducing the initial vacancy risk for an investor.
Top Cons:
Partial Vacancy: One of the four units is currently vacant, meaning the property is not generating maximum potential income immediately and requires effort to lease.

Compared to the nearby listings

Price:$849.0K vs avg $420.0K (+$429,000)80%
Size:2,709 sqft vs avg 1,440 sqft80%
Price/sqft:$313 vs avg $31350%

More Insights

Built in 1966 (60 years old).
Condition: The property, built in 1966, has received functional updates to its interiors, including newer laminate flooring, fresh paint, updated kitchen cabinets and countertops, and refreshed bathroom vanities. However, elements such as popcorn ceilings, older style white appliances, basic light fixtures, and the style of bathroom tiling indicate that while clean and tenant-ready, these updates are not recent high-end renovations. The property is well-maintained but shows signs of its age, and the updates are more practical than modern, fitting the 'Fair' category.
Year Built
1966
Close
-
List price
$849K
Original List price
-
Price/Sqft
$313
HOA
$475
Days on market
-
Sold On
-
MLS number
225150302
Home ConditionFair
Features
View-

About this home

4145 Apostolo Circle, Sacramento, CA 95824 Investment Opportunity - Updated Fourplex with Strong Income Potential Property Overview: Well-maintained fourplex in a desirable Sacramento location. Three of four units are currently occupied, providing immediate rental income. Each unit offers 2 bedrooms and 1 bathroom, with modern updates throughout. Features & Highlights: Unit Mix: 4 units, all 2 bed / 1 bath Layout Variety: 2 townhome-style units (two stories) Upgrades: Interiors updated to a consistent standard Fireplaces: Featured in two units Amenities: Onsite laundry room for tenant convenience Parking: Two separate two-car garages HOA: $475/month covers garbage, landscaping, and exterior paint Investment Notes: 3 units occupied - income in place HOA reduces exterior maintenance burden Attractive features (townhome layouts, fireplaces) support tenant retention Showing Instructions: Private showings by appointment only. Please do not disturb tenants. Buyer to verify all information.

T
Timothy Swanston
Listing Agent

Nearby schools

2/10
Ethel I. Baker Elementary School
Public,•K-6•0.3mi
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•1.5mi
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
09/15/10
Sold
$156,000
02/10/06
Sold
$505,000
01/14/05
Sold
$430,000
Condition Rating
Fair
The property, built in 1966, has received functional updates to its interiors, including newer laminate flooring, fresh paint, updated kitchen cabinets and countertops, and refreshed bathroom vanities. However, elements such as popcorn ceilings, older style white appliances, basic light fixtures, and the style of bathroom tiling indicate that while clean and tenant-ready, these updates are not recent high-end renovations. The property is well-maintained but shows signs of its age, and the updates are more practical than modern, fitting the 'Fair' category.
Pros & Cons

Pros

Immediate Rental Income: Three out of four units are currently occupied, providing immediate cash flow and reducing the initial vacancy risk for an investor.
Modern Interior Updates: All units have been updated to a consistent modern standard, minimizing immediate renovation costs for a new owner and enhancing tenant appeal.
HOA-Managed Exterior Maintenance: The $475/month HOA fee covers garbage, landscaping, and exterior paint, significantly reducing the landlord's maintenance responsibilities and associated costs.
Desirable Tenant Amenities: The property offers an onsite laundry room and two separate two-car garages, providing valuable conveniences for tenants and supporting retention.
Attractive Unit Features: The inclusion of two townhome-style units and fireplaces in two units adds variety and appeal, potentially attracting higher-quality tenants.

Cons

Partial Vacancy: One of the four units is currently vacant, meaning the property is not generating maximum potential income immediately and requires effort to lease.
Significant Monthly HOA Fee: The $475 monthly HOA fee, while covering some services, represents a substantial ongoing expense that impacts the property's net operating income.
Restricted Access for Showings: Showings are by appointment only and tenants are not to be disturbed, which can complicate thorough due diligence and viewing of all units for potential buyers.
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