
Sacramento, CA 95820
This property presents a High-Potential Investment Opportunity with a List Price of $465,000—positioned well below the $468,439 Fair Market Value by 0.73%. This asset offers $3,439 in Instant Equity and immediate cash flow via an existing tenant. With a Good Condition Rating and a permitted garage conversion, the home provides 1,975 sq. ft. of usable space. The availability of studio ADU plans offers a clear path for forced appreciation. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking rental-ready income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4620 34th Street Subject | $465,000* List Price | 4 | 2 | 1,758 | $266 | - |
A 3824 13th Avenue Active | $390,000 List Price | 3 | 2 | 1,209 | $323 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, the property falls within the 20-year age bracket for 'Good' condition. The interior images show a well-maintained bathroom with modern LVP flooring and a functional vanity. The home is currently tenant-occupied and move-in ready, suggesting systems and overall condition are functional without immediate need for major renovation.
The property is currently tenant-occupied at $2,495 per month, providing investors with immediate cash flow and a proven rental history from day one.
With available studio ADU plans and a ready-to-build team, owners have a clear path to increase density, rental income, and overall property valuation.
A permitted garage conversion adds approximately 217 square feet of flexible space, increasing the total usable area to nearly 2,000 square feet for various uses.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2744, other record lot size in square feet = 2619.
At just 2,744 square feet, the lot is relatively small for a large home, which restricts outdoor amenities and privacy, especially if an ADU is added.
The existing lease agreement may limit immediate flexibility for owner-occupants or investors wishing to implement rapid renovations or market-rate adjustments.
INVESTMENT OPPORTUNITY WITH IMMEDIATE INCOME & FUTURE UPSIDE! Welcome to 4620 34th St, a great Sacramento investment property offering established rental income and exciting potential to add even more value. The home features 1,758 sq. ft. of primary living space, plus a permitted garage conversion that adds approximately 217 sq. ft., bringing the total usable living space to approximately 1,975 sq. ft. The converted garage is currently used as a recreation room, offering incredible flexibility for an additional family room, home office, playroom, guest space, extra bedroom, or whatever best fits your needs. The property is currently occupied by a tenant who moved in during 2024 and pays $2,495/month, providing immediate rental income for the next owner. Looking for even more upside? Studio ADU plans are available, providing an opportunity to add additional living space and generate another source of rental income. A qualified team is ready to build the ADU for approximately $95,000, giving the next owner a straightforward path to further increase the property's income potential and overall value.Whether you're looking for a cash-flowing rental with existing income or an investment with a clear path to add value, 4620 34th St offers both. Buy today, collect rent, and unlock the property's future potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,758 | 1,540.857 |
| Lot Size | 2,744 | 6,330.116 |
| Price | $465.0K | $508.1K |
| Price per sq ft | $265 | $333 |
| Built year | 2006 | 1975 |
| HOA | $0 | $128 |
| Days on market | 14 | 45 |
Aug 26, 2026
$465,000
Initial Listing
Feb 25, 2022
$450,000
Public Record
Jul 6, 2016
$100,000
Public Record
Apr 16, 2015
$100,000
Public Record
Nov 12, 2013
$80,000
Public Record