CA > Sacramento
Sacramento, CA 95838,921 Rivera DR
Sacramento, CA 95838,921 Rivera DR
Sacramento, CA 95838,921 Rivera DR
$735,000
$749,000 1.9%
Est. payment /mo
3,665 SqFt

UPDATED:

Key Details

Sold Price $735,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,665 sqft

Price per Sqft $200

MLS Listing ID 225007587

Year Built 1948

Lot Size 0.460 Acres

Property Sub-Type Quadruplex

Property Description

APPROVED PLANS TO BUILD ADU AVAILABLE! 3 Rent Increases in place! This fully occupied 4-unit multifamily property presents an exceptional investment opportunity with a projected annual rental income exceeding $76,000. Designed for investors seeking stable cash flow and long-term capital appreciation, this asset offers a diverse unit mix catering to a broad tenant demographic. The property features a renovated 3-bed, 1-bath main house complete with a 2-car garage, a 1-bed, 1-bath cottage, and a duplex building consisting of one 2-bed, 1-bath unit and one 1-bed, 1-bath unit. Property enhancements have recently been completed, including fresh exterior paint on Buildings 3305 Cypress Units 1,5,and 6, along with a newly installed roof on Units 5 and 6. Situated on nearly half an acre, the property provides additional revenue-generating opportunities through a large storage shed and dedicated laundry area, both of which offer potential for supplemental rental income or further development. Positioned in a high-demand rental market, this asset combines immediate income generation with the potential for significant value appreciation. Its prime location in Sacramento ensures strong tenant demand and future growth potential.

Location

State CA

County Sacramento

Area 10838

Rooms

Other Rooms Unit-1 Approx SqFt: 1600 Bedrooms: 3 Full Baths: 1 Total Rooms: 5 Occupancy: Tenant Rent: 2150 SqFt Source: Not Measured Unit-2 Approx SqFt: 650 Bedrooms: 1 Full Baths: 1 Total Rooms: 3 Occupancy: Tenant Rent: 1200 SqFt Source: Not Measured Unit-3 Approx SqFt: 645 Bedrooms: 1 Full Baths: 1 Occupancy: Tenant Rent: 1295 SqFt Source: Not Measured Unit-4 Approx SqFt: 695 Bedrooms: 2 Full Baths: 1 Occupancy: Tenant Rent: 825 SqFt Source: Not Measured

Interior

Heating Varies by Unit, MultiZone, See Remarks, Other

Cooling Ceiling Fan(s), Central, Wall Unit(s), Window Unit(s), Varies by Unit

Flooring Carpet, Laminate, Varies by Unit, See Remarks, Other

Laundry In Common Area, Varies by Unit, Other

Exterior

Parking Features See Remarks, Other

Garage Spaces 2.0

Utilities Available City, Other

Building

Lot Description Other

Story 1

Foundation Concrete, Slab

Sewer Public Sewer, See Remarks, Other

Water See Remarks, Public, Other

Schools

Elementary Schools Sacramento Unified

Middle Schools Sacramento Unified

High Schools Sacramento Unified

School District Sacramento

Others

Special Listing Condition None, Other

Read Less Info
MetroList® Services, Inc
Listed by Kinetic Real Estate
Bought with Real Estate Source Inc

Get More Information

Lance McHan

Lance McHan

+1(209) 986-9292

Broker Associate | License ID: 01987449

Broker Associate License ID: 01987449

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