921 Rivera DR, Sacramento, CA 95838
921 Rivera DR, Sacramento, CA 95838
921 Rivera DR, Sacramento, CA 95838
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$749,888
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3,665 SqFt
Price Dropped by $29K

921 Rivera DR Sacramento, CA 95838

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C Ray Brower

C Ray Brower

+1(209) 418-0238

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,665 sqft

Price per Sqft $204

MLS Listing ID 226021710

HOA Y/N No

Year Built 1930

Lot Size 0.460 Acres

Acres 0.4597

Property Sub-Type Quadruplex

Source MLS Metrolist

Property Description

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.

Location

State CA

County Sacramento

Area 10838

Direction GPS

Rooms

Other Rooms Unit-1 Approx SqFt: 1400 Bedrooms: 3 Full Baths: 1 Total Rooms: 5 Occupancy: Tenant Rent: 2325 SqFt Source: Not Measured Unit-2 Approx SqFt: 800 Bedrooms: 2 Full Baths: 1 Occupancy: Tenant Rent: 1295 SqFt Source: Not Measured Unit-3 Approx SqFt: 800 Bedrooms: 2 Full Baths: 1 Occupancy: Vacant Rent: 1550 SqFt Source: Not Measured Unit-4 Approx SqFt: 665 Bedrooms: 1 Full Baths: 1 Rent: 1296 SqFt Source: Not Measured

Interior

Interior Features Storage Area(s)

Heating Wall Furnace, Varies by Unit, Natural Gas

Cooling Ceiling Fan(s), Wall Unit(s), Window Unit(s), Varies by Unit

Flooring Carpet, Tile, Laminate, Linoleum, Varies by Unit

Appliance Free Standing Gas Oven, Free Standing Gas Range, Free Standing Refrigerator, Gas Water Heater

Laundry In Common Area, Varies by Unit, Laundry Closet, Washer/Dryer Hookups

Exterior

Parking Features Off Street, Detached, Street, Garage, Uncovered, Varies by Unit

Utilities Available Cable Available, City, Internet Available, Natural Gas Connected

Water Access Desc Public

Roof Type Composition

Porch Covered Deck, Uncovered Patio, Covered Patio, Varies by Unit

Total Parking Spaces 6

Building

Lot Description Corner, Shape Irregular, Curb(s), Curbs/Gutters, Garden, Landscape Back, Landscape Front

Story 1

Foundation Combination, Raised, Slab

Sewer Abandoned Septic, Sewer in Street, Public Sewer

Water Public

Architectural Style Traditional

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 251-0282-018-0000

Space Rent $5,271

Special Listing Condition Offer As Is

MetroList® Services, Inc
Listed by ERA Carlile Realty Group

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I’ve had the pleasure of knowing C Ray now for years in both professional and personal relationships. C Ray has always exhibited a positive, professional outlook in all of our interactions, in a variety of situations. His ability to listen to our needs and wants, compare that with opportunities available on the market and show us appropriate properties, in our price range that met our vision. We are extremely excited about the home we chose and even though there were some challenges, both personal and professional in each of our lives, he stayed engaged with all parties and we closed the deal on time. You won’t go wrong if you partner with C Ray in the pursuit of finding your new home. His life experience and desire to fulfill your needs are always his first priority

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C Ray Brower

C Ray Brower

Broker Associate | License ID: 01969248

+1(209) 418-0238

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921 Rivera DR