3201 Rio Linda BLVD, Sacramento, CA 95815
3201 Rio Linda BLVD, Sacramento, CA 95815
3201 Rio Linda BLVD, Sacramento, CA 95815
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$1,000,000
Est. payment /mo
7,124 SqFt
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Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 7,124 sqft

Price per Sqft $140

MLS Listing ID 226055898

HOA Y/N No

Year Built 1962

Lot Size 34669.000 Acres

Acres 0.7959

Property Sub-Type 5 or More Units

Source MLS Metrolist

Property Description

Mixed-Use Investment Opportunity with Multiple Income Streams! Unique mixed-use property offering a combination of residential units and a freestanding church space on a .79-acre Mixed-zoned parcel, creating strong income potential with room to improve and add value. The property includes a church building of approximately 1,800 sq ft, featuring a kitchen area, two offices, storage room, and two bathrooms, currently leased month-to-month at $1,100/month. This flexible space opens the door for continued use as a place of worship or potential repurposing (buyer to verify). In addition, the property includes multiple residential units: a main house with 3 bedrooms and 1 bathroom (owner-occupied, with market rent upside); a detached 2-bedroom, 1-bath unit currently rented at $1,300/month; a separate 1-bedroom, 1-bath unit (prior rent $650/month); and a triplex consisting of one studio unit rented at $750/month, one 2-bedroom/1-bath unit rented at $950/month, and one 1-bedroom/1-bath unit (prior rent $850/month, currently being prepared for re-lease). Current actual rental income is approximately $4,100/month, with stabilized pro-forma income potential significantly higher once all units are at market rent. Most tenancies are month-to-month, offering flexibility for repositioning. Additional features include eight off-street parking spaces and a shared utility area with water heaters and a designated laundry space offering future income potential. Owner currently pays approximately $1,000/month for city water and garbage. This is a true value-add opportunity with several units producing income and others offering upside through lease stabilization, unit turns, and improved management. Ideal for investors looking to expand their portfolio with a property that has diverse income streams and long-term potential. Convenient Sacramento location with easy access to major roadways, services, and amenities. Buyer to verify all unit counts, square footage, zoning, rents, and condition. Bring your vision this is an opportunity you don't see every day.

Location

State CA

County Sacramento

Area 10815

Direction Arcade blvd to Rio Linda Blvd

Rooms

Other Rooms Unit-1 Approx SqFt: 1200 Bedrooms: 2 Full Baths: 1 Total Rooms: 5 Occupancy: Owner SqFt Source: Not Measured Unit-2 Type: Flat Approx SqFt: 1000 Bedrooms: 2 Full Baths: 1 Total Rooms: 4 Occupancy: Tenant Rent: 1300 SqFt Source: Not Measured Unit-3 Type: Flat Approx SqFt: 650 Bedrooms: 1 Full Baths: 1 Total Rooms: 3 Occupancy: Tenant Rent: 650 SqFt Source: Not Measured Unit-4 Type: Flat Approx SqFt: 400 Total Rooms: 1 Occupancy: Tenant Rent: 750 SqFt Source: Not Measured

Basement None

Interior

Heating Varies by Unit

Cooling Varies by Unit

Flooring Varies by Unit

Laundry Varies by Unit

Exterior

Parking Features Off Street

Utilities Available Other

Water Access Desc Public

Roof Type Composition

Accessibility None

Handicap Access None

Total Parking Spaces 8

Building

Lot Description Shape Irregular

Story 1

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Ranch

Level or Stories One

Schools

Elementary Schools Twin Rivers Unified

Middle Schools Twin Rivers Unified

High Schools Twin Rivers Unified

School District Sacramento

Others

Senior Community No

Tax ID 251-0291-012-0000

Special Listing Condition None


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Listed by eXp Realty of California Inc

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Lance McHan

Lance McHan

+1(209) 986-9292

Broker Associate | License ID: 01987449

Broker Associate License ID: 01987449

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