3125 3rd Avenue Sacramento, CA 95817
11 bed / 7 bath / 3,900 Sq. Ft. / 6,098 Sq. Ft., 0.14 acres lot size / Fourplex
Status: Sold
{{listPriceUS ? listPriceUS : listPriceNoSuffix}}
{{listPriceUS ? listPriceUS : listPriceNoSuffix}}
Fantastic Investment opportunity in one of Sacramento's fastest growing neighborhoods, Oak Park. ~3,900sqft total in 3 total buildings spread across a 6,098sqft lot. FRONT unit: 4bed, 2bath, ~1,500sqft, detached, laundry in unit, access from 3rd ave, 1 off street parking space. MIDDLE 2 UNITS: 1bed+DEN, 1bath, ~600sqft & 1bed+DEN, 1bath, ~600sqft, two story building, laundry in both units, and large storage closets. BACK UNIT: 3bed, 2.5bath, ~1,200sqft, detached, laundry in unit, access from Alley, 1 off street parking space. All units have undergone extensive renovations and retrofits which should leave the next owner with little future on going maintenance. 1 of 4 units rented, the front house at a total of $2,995 per month for one year; the current owner is prepared to deliver the property with 3 units vacant or can help lease up the entire property. This is an excellent opportunity for an investor looking for a stable asset in Sacramento with a ton of potential upside. This could also make a good investment for someone that wants to live in one unit and rent the other three. The property, with estimated market rents and expenses, could achieve a 8.59CAP, 9.6GRM and is being sold at approximately $294 per sqft.
property details
Type
Fourplex
Status
Closed
County
Sacramento
Year Built
1918
Beds
11
Full Baths
6
Half Baths
1
Sq. Ft.
3,900
Lot Size
6,098 Sq. Ft., 0.1 acres
Listing Id
224080798
Courtesy Of
Michael Nerby - Intero Real Estate Services Mikenerby@gmail.com
List Office Phone
+1 916 409 3030
Interior Features
Flooring
Tile
Vinyl
Vinyl
Living Area Units
Sq. Ft.
Full Baths
6
Half Baths
1
Bathrooms Total
7
Exterior Features
Parking
Off Street
Varies by Unit
Varies by Unit
Foundation
Raised
Slab
Slab
Stories
2
Parking Spaces
2
Utility & Building Info
Parcel Number
010-0365-016-0000
Cooling
Central Air
Ductless
Ductless
Water Source
Public Water
Heating
Central
Building Area Total
3,900 Sq. Ft.
Price Per Sq Ft
$295
Architectural Style
Bungalow
Cottage
2 Story
Cottage
2 Story
 |
| All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2025 MetroList Services, Inc. Based on information from MetroList Services, Inc. IDX provided by Constellation Web Solutions. |
The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the above MLS system. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Drysdale Properties are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Price History
| date | event | price | source |
|---|---|---|---|
|
09/26/2024
09/26/2024
|
Sold |
$1,200,000
|
Metrolist Services, Inc (CAMLMLS) |
|
09/06/2024
09/06/2024
|
Pending |
$1,150,000
|
Metrolist Services, Inc (CAMLMLS) |
|
08/26/2024
08/26/2024
|
Active |
$1,150,000
|
Metrolist Services, Inc (CAMLMLS) |
|
08/13/2024
08/13/2024
|
Active |
$1,250,000
|
Metrolist Services, Inc (CAMLMLS) |
|
08/01/2024
08/01/2024
|
Active |
$1,300,000
|
Metrolist Services, Inc (CAMLMLS) |
View More
Market Trends
Source: Constellation1
Mortgage Calculator
Estimated Mortgage Payment
Your total payment will be
{{ currency_symbol }}{{ parseInt(monthlyMortgage).formatThousands(0) }}
- Principal {{ parseInt(priciplePayment).formatThousands(0) }}
- Interest {{ parseInt(interestPayment).formatThousands(0) }}
({{ downPaymentFormatted }})
(Years)
Estimate does not reflect Property Tax, PMI or Homeowner Insurance. Mortgage Calculator provided by Berkshire Hathaway HomeServices.
