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3836 43rd Ave
Sacramento, CA 95824
Multifamily Property For Sale
·
4 Units
Investment Highlights
- Generating $3,950/month
- Pitched roof
- On-site Laundry
- Ample Parking
- Secured gated entrance
- Submarket Average Occupancy of 96.5%
Executive Summary
Colliers is pleased to present 3836 43rd Ave, a four-unit investment property located in the growing South Sacramento submarket.
Built in 1958, the building consists of 1-bedroom/1-bath units, with 2,472 square feet of rentable living space. The property is currently generating $3,950 per month. There is strong upside potential through rent increases, with average market rents in the area around $1,350 per unit, offering a clear value-add opportunity.
The property features a gated community setting offering off-street parking and an on-site laundry facility. The subject property offers an exceptional opportunity for investors or owner-occupants seeking steady rental income.
Convenience, affordability, access to existing businesses and employment opportunities in the surrounding region make this corridor desirable to residents. The area continues to attract a wide range of national, regional, and local employers due to the proximity to major highways and the liveliness. As residents are priced out of the single-family housing market, many residents in the community are realizing without significant wage growth they will be long term renters.
Built in 1958, the building consists of 1-bedroom/1-bath units, with 2,472 square feet of rentable living space. The property is currently generating $3,950 per month. There is strong upside potential through rent increases, with average market rents in the area around $1,350 per unit, offering a clear value-add opportunity.
The property features a gated community setting offering off-street parking and an on-site laundry facility. The subject property offers an exceptional opportunity for investors or owner-occupants seeking steady rental income.
Convenience, affordability, access to existing businesses and employment opportunities in the surrounding region make this corridor desirable to residents. The area continues to attract a wide range of national, regional, and local employers due to the proximity to major highways and the liveliness. As residents are priced out of the single-family housing market, many residents in the community are realizing without significant wage growth they will be long term renters.
Property Facts
| Price Per Unit | $149,750 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| No. Units | 4 | Building Size | 2,000 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1958 |
| Zoning | RD-20 - Residential Dwelling | ||
| Price Per Unit | $149,750 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 2,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1958 |
| Zoning | RD-20 - Residential Dwelling |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $975.00 | 500 |
Property Taxes
| Parcel Number | 037-0181-010 | Improvements Assessment | $265,771 |
| Land Assessment | $58,026 | Total Assessment | $323,797 |
Property Taxes
Parcel Number
037-0181-010
Land Assessment
$58,026
Improvements Assessment
$265,771
Total Assessment
$323,797
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