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Executive Summary

Rare Multi-Family Investment Opportunity sitting on nearly a 1/2 acre with approved plans to build another ADU! Annual rent revenue of over $76,000 per year. Four Income producing rentals across 3 buildings, plus Three detached support structures (Garage, Laundry, Storage). The package includes a standalone renovated 3-Bed/1 Bath unit, a stand alone 2 bed/1 bath and a duplex featuring a 1 bed/1 bath and a 2 bed/1 bath. Recently upgraded property including a new roof. Conveniently located minutes from shopping, grocery, hwy 80 and local schools, this property is well positioned for consistent tenant demand. Efficiently configured for low-complexity management with upside through rent optimization and laundry income. At asking, this asset offers a compelling return with a projected cap rate of over 9% - Ideal for investors and 1031 exchange buyers.

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $788,800
Price Per Unit $197,200
Sale Type Investment
Cap Rate 9.90%
Sale Conditions
Distress Sale
  • Deferred Maintenance
Gross Rent Multiplier 10.08
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.46 AC
Building Size 3,665 SF
Average Occupancy 100%
No. Stories 1
Year Built 1948
Parking Ratio 1.9/1,000 SF
Opportunity Zone Yes
Zoning R-1 - R-1 - SINGLE FAMILY RESIDENTIAL 6-8 UNITS / ACRE

Amenities

Site Amenities

  • Smoke Free

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+1 1 $2,325 -
2+1 1 $1,295 -
1+1 1 $1,295 -
2+1 1 $1,600 -
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
251-0282-018
Land Assessment
$166,464
Improvements Assessment
$541,008
Total Assessment
$707,472
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025 Payable 2055
  • Listing ID: 40011347

  • Date on Market: 4/2/2026

  • Last Updated:

  • Address: 921 Rivera Dr, Sacramento, CA 95838

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