5555 Keoncrest Circle, Sacramento, CA 95841, Sacramento, 95841 - 8 bed, bath
ACTIVE$949,000$3,612/sqft
5555 Keoncrest Circle, Sacramento, CA 95841
8Beds
0Bath
3,612Sqft
10,055Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Strong Financial Performance: The property offers 'great cash flow' with an estimated Net Operating Income of $58,306, making it an attractive investment opportunity.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 3612, other record living area = 3738.
Compared to the nearby listings
Price:$949.0K vs avg $482.5K (+$466,500)88%
Size:3,612 sqft vs avg 2,004 sqft88%
Price/sqft:$263 vs avg $24175%
More Insights
Built in 1968 (58 years old).
Condition: Despite being built in 1968, the property is described as 'nicely updated' and in 'great condition.' Key modern upgrades include new copper plumbing, double-pane windows, and central A/C, indicating significant investment in major systems. While interior photos of kitchens and bathrooms are not provided, the general description suggests these areas are also updated and move-in ready. The exterior images show a well-maintained property. The property's age is a factor, but the extensive updates elevate its condition beyond 'Fair' by ensuring major systems are functional and within expected lifespan, requiring no immediate renovation.
Year Built
1968
Close
-
List price
$949K
Original List price
-
Price/Sqft
$263
HOA
$0
Days on market
-
Sold On
-
MLS number
ML82026550
Home ConditionGood
Features
View-
About this home
Welcome to a nicely updated fourplex in a great North Sacramento neighborhood. Great condition property with great cash flow. Estimated Net Operating Income: $58,306. (4) 2 Bed/ 1 Bath units. 2 attached garages plus additional uncovered parking. Bright living and dining areas. Double-pane windows. New copper plumbing. Central A/C. On site community laundry room. Separate electric meters. No HOA. Near parks, schools, shopping, dining and coffee shops within easy reach. Wonderful commute location with easy access to Highway 80.
D
David Lillo
Listing Agent
Price History
Date
Event
Price
03/20/25
Sold
$895,000
08/29/11
Sold
$125,000
06/03/03
Sold
$399,000
Condition Rating
Good
Despite being built in 1968, the property is described as 'nicely updated' and in 'great condition.' Key modern upgrades include new copper plumbing, double-pane windows, and central A/C, indicating significant investment in major systems. While interior photos of kitchens and bathrooms are not provided, the general description suggests these areas are also updated and move-in ready. The exterior images show a well-maintained property. The property's age is a factor, but the extensive updates elevate its condition beyond 'Fair' by ensuring major systems are functional and within expected lifespan, requiring no immediate renovation.
Pros & Cons
Pros
Strong Financial Performance: The property offers 'great cash flow' with an estimated Net Operating Income of $58,306, making it an attractive investment opportunity.
Extensive Modern Upgrades: Significant updates include 'new copper plumbing,' 'double-pane windows,' and 'central A/C,' enhancing tenant appeal and reducing future maintenance costs.
Desirable Unit Mix & Ample Parking: Consisting of four 2-bedroom, 1-bath units, the property also provides '2 attached garages plus additional uncovered parking,' catering to tenant needs.
Prime Location & Accessibility: Located in a 'great North Sacramento neighborhood' with 'easy access to Highway 80' and close proximity to parks, schools, shopping, and dining.
Owner-Friendly Operations: Benefits from 'separate electric meters' for tenant utility responsibility and 'no HOA' fees, simplifying management and maximizing owner profitability.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 3612, other record living area = 3738.
Recently Sold Property: The property was recently sold within the past year on 2025-03-20. The sold price is $895,000.00.
Property Age: Built in 1968, the property's age, despite updates, may imply potential for future capital expenditures on unmentioned original structural or mechanical systems.
Limited Bathroom Count: Each of the four 2-bedroom units features only one bathroom, which might be a limiting factor for some tenants seeking more modern conveniences or larger households.
Shared Laundry Facility: While convenient, the 'on site community laundry room' is not in-unit, which could be a minor drawback for tenants who prioritize private laundry facilities.