
Sacramento, CA 95822
This four-unit complex represents a Strong Value Opportunity, listed at $1,049,000—positioned well above the $963,035 Fair Market Value by -8%. While priced above current market estimates, the property offers a stable, income-generating Buy-and-Hold Asset in the desirable Land Park neighborhood. Featuring a Condition Rating of 4, the units provide functional, move-in ready space with private garages and proximity to Crocker/Riverside Elementary (9/10). This is an ideal acquisition for long-term investors seeking a well-maintained multifamily property with consistent rental demand.
Property is moderate renovation needed.
Built in 1955, this property is well-maintained but dated. While the listing mentions updates, the kitchen and bathrooms feature tile work and cabinetry likely from a renovation performed over 20 years ago. The systems and interiors are functional and move-in ready, but the property requires cosmetic modernization to reach current market standards.
Elementary School: Crocker/Riverside Elementary School (9/10).
Situated in the highly desirable Land Park neighborhood, this property is steps away from Sacramento City College, major parks, and local dining, ensuring consistently high tenant demand and low vacancy rates.
Each of the four units includes its own private single-car garage, a premium amenity for multi-family housing that significantly enhances rental appeal and provides added value for tenants.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 742, other record living area = 2968.
The property consists entirely of 1-bedroom, 1-bathroom units, which restricts the potential tenant pool to individuals or couples and limits the ability to capture higher rents associated with multi-bedroom layouts.
Built in 1955, the property may have aging underlying systems such as plumbing or electrical that could require more frequent maintenance or future upgrades compared to newer construction.
Prime Investment Opportunity in a Great Location! This four-unit complex in the Land Park area is updated and well-maintained. The property is ideally located close to the park, restaurants, shopping, City College, and convenient transportation options. Each unit features a spacious 1 Bedroom, 1 Bathroom, open and bright layout with a kitchen and large living room. Tenants enjoy their own single car garage and the shared use of an on-site laundry room. The location of this fourplex make it a highly sought-after multifamily residential property with tremendous rental potential and a wise investment.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-6 • 1.2 mi
Grades 7-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.6 |
| Baths | 4.0 | 3.6 |
| Square foot | 742 | 1,911.465 |
| Lot Size | 8,276 | 6,677.419 |
| Price | $1.05M | $673.8K |
| Price per sq ft | $1.4K | $336 |
| Built year | 1955 | 1956 |
| HOA | $0 | $304 |
| Days on market | 49 | 55 |
Jul 22, 2026
$1,049,000
Initial Listing
Apr 12, 2010
$341,000
Public Record
Apr 29, 2005
$665,000
Public Record