
Citrus Heights, CA 95610
This fourplex presents a Strong Value Opportunity with a List Price of $855,000—positioned well below the $923,707 Fair Market Value by 7%. This valuation gap offers $68,707 in Instant Equity for the savvy buyer. Featuring a Condition Rating of 4, the property offers significant value-add potential through modernization. With one vacant unit, it is an ideal Buy-and-Hold Investor asset or a perfect house-hack for Owner-Occupants seeking to offset mortgage costs in a high-demand rental corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7857 S Sayonara Drive Subject | $855,000* List Price | 8 | 4 | 3,576 | $257 | - |
A 7877 Sayonara Drive Sold | $810,000 | 8 | 4 | 2,804 | $289 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, the property is over 60 years old and remains functional but dated. While it shows signs of maintenance such as newer LVP flooring and a relatively recent roof, the systems are aged (wall heaters) and the interior cabinetry is original/dated. It requires minor repairs and modernization of kitchens and baths to reach full market potential.
With all four units currently on month-to-month leases, the property offers a significant opportunity for an investor to adjust rents to current market rates and maximize the asset's income potential.
The presence of one vacant unit allows for immediate owner-occupancy, making this an ideal candidate for buyers looking to utilize FHA or VA financing while offsetting their mortgage with rental income.
Situated in a desirable Citrus Heights corridor near major shopping, dining, and commuter routes, the property is well-positioned to attract long-term tenants and maintain low vacancy rates.
Built in 1963, the property may require more frequent maintenance or capital expenditures for aging systems and structural components compared to newer multifamily builds.
The assigned local high school and middle school carry lower performance ratings (3/10), which could be a deterrent for family-oriented tenants prioritizing high-performing educational districts.
Excellent investment opportunity in the heart of Citrus Heights! This well-maintained fourplex at 7857 Sayonara Drive features four spacious 2-bedroom, 1-bath units, each approximately 894 square feet, for a total of 3,576 square feet of living space. Three units are currently occupied, with one vacant unit available for immediate leasing or owner use, providing flexibility and upside potential for investors. All units offer practical floor plans, separate living and dining areas, and strong rental appeal. The property sits on a 7,026 square foot lot and includes off-street parking for tenants and guests. Conveniently located near shopping, restaurants, schools, public transportation, and major commuter routes, this property continues to attract long-term tenant demand. All four units are month-to-month, creating an opportunity for rental adjustments to market rates and increased income potential. Whether you are looking to expand your investment portfolio, complete a 1031 exchange, or acquire a stable multifamily asset with value-add potential, this property checks all the boxes. Located within the San Juan Unified School District and positioned in a desirable rental corridor, this fourplex offers a combination of current income, future upside, and long-term investment stability. Rare opportunity to purchase a fully residential four-unit property in an established Citrus Heights neighborhood. Buyer to verify all information, including rents, square footage, zoning, and property condition to their satisfaction.
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades K-6 • 2.6 mi
Grades K-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 8.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 3,576 | - |
| Lot Size | 7,026 | - |
| Price | $855.0K | $638.8K |
| Price per sq ft | $239 | $297 |
| Built year | 1963 | 0 |
| HOA | $0 | $0 |
| Days on market | 35 | 41 |
Jun 17, 2026
$855,000
Initial Listing
Mar 12, 2019
$550,000
Public Record
Feb 24, 2014
$320,000
Public Record
Jan 28, 2011
$163,500
Public Record
Sep 24, 2002
$345,500
Public Record
Aug 31, 2000
$42,000
Public Record