5352 Young Street, Sacramento, CA 95824, Sacramento, 95824 - 5 bed, 4 bath
ACTIVE$698,000$500/sqft
5352 Young Street, Sacramento, CA 95824
5Beds
4Baths
500Sqft
5,227Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Immediate Cash Flow & Upside Potential: The property is currently tenant-occupied, providing immediate cash flow, and tenants are eligible for rent increases, offering significant upside potential for investors.
Top Cons:
Property Age & Potential Capital Expenditures: Built in 1957, the property is 67 years old, which may indicate aging systems (plumbing, electrical, HVAC) that could require significant capital expenditures in the near future.
Compared to the nearby listings
Price:$698.0K vs avg $420.0K (+$278,000)80%
Size:500 sqft vs avg 1,000 sqft40%
Price/sqft:$1.4K vs avg $36080%
More Insights
Built in 1957 (69 years old).
Condition: The property, built in 1957, is aged. While the interior photos reveal recent cosmetic updates such as new laminate/vinyl plank flooring, fresh white paint, and a modern-looking bathroom vanity and tile, these appear to be surface-level renovations. The presence of window AC units indicates a lack of central cooling, and the property analysis highlights potential capital expenditures due to aging systems. No kitchen images were provided, which is a significant omission. Overall, the property is maintained with occasional updates, but major components and systems show signs of being outdated, aligning with a 'Fair' condition.
Year Built
1957
Close
-
List price
$698K
Original List price
-
Price/Sqft
$1,396
HOA
$0
Days on market
-
Sold On
-
MLS number
225121061
Home ConditionFair
Features
Deck
View-
About this home
Investment Opportunity in Sacramento - Fourplex at 5352 Young St Discover a prime income-generating property in the heart of Sacramento! This well-maintained fourplex offers a diverse unit mix ideal for steady rental income and long-term growth. Each unit is separately metered and currently tenant-occupied, providing immediate cash flow. Tenants are eligible for rent increases, offering upside potential for investors looking to maximize returns. The property is conveniently situated near schools, shopping, public transit, and major freeways, making it attractive to a wide range of renters. Whether you're expanding your portfolio or entering the multifamily market, this fourplex is a solid investment with room to grow. Don't miss out on this opportunity to own a versatile and income-producing property in Sacramento!
T
Timothy Swanston
Listing Agent
Price History
Date
Event
Price
11/20/20
Sold
$425,000
07/31/09
Sold
$159,000
Condition Rating
Fair
The property, built in 1957, is aged. While the interior photos reveal recent cosmetic updates such as new laminate/vinyl plank flooring, fresh white paint, and a modern-looking bathroom vanity and tile, these appear to be surface-level renovations. The presence of window AC units indicates a lack of central cooling, and the property analysis highlights potential capital expenditures due to aging systems. No kitchen images were provided, which is a significant omission. Overall, the property is maintained with occasional updates, but major components and systems show signs of being outdated, aligning with a 'Fair' condition.
Pros & Cons
Pros
Immediate Cash Flow & Upside Potential: The property is currently tenant-occupied, providing immediate cash flow, and tenants are eligible for rent increases, offering significant upside potential for investors.
Multifamily Investment Opportunity: As a fourplex (quadruplex), this property offers a diversified income stream and is an ideal asset for expanding an investment portfolio or entering the multifamily market.
Separately Metered Units: Each unit is separately metered, simplifying utility management for the landlord and reducing operational expenses.
Strategic Location: Conveniently situated near schools, shopping, public transit, and major freeways, enhancing its attractiveness to a wide range of potential renters.
Well-Maintained Property: The property is described as well-maintained, suggesting a good level of upkeep and potentially fewer immediate repair needs.
Cons
Property Age & Potential Capital Expenditures: Built in 1957, the property is 67 years old, which may indicate aging systems (plumbing, electrical, HVAC) that could require significant capital expenditures in the near future.
Ambiguous Unit Square Footage: The listed total square footage of 500 sqft for a fourplex is unusually low and ambiguous, raising concerns about the actual size of individual units and their long-term rental desirability or value.
Recent Price Reduction: A recent price drop from $729,000 to $698,000 could suggest market resistance or an initial overvaluation, potentially indicating challenges in attracting buyers at higher price points.