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921 Rivera DR Sacramento, CA 95838
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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
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
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