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Tom Daves

tom@tomdavesteam.com +1(916) 900-0118

$ 1,100,000

Est. payment -/mo

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431 Harding AVE Sacramento, CA 95833

2,836 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,836 sqft

Price per Sqft $387

Subdivision Garden Oaks

MLS Listing ID 226084821

HOA Y/N No

Year Built 1951

Lot Size 0.440 Acres

Acres 0.44

Property Sub-Type Quadruplex

Source MLS Metrolist

Property Description

RARE TURNKEY MULTIFAMILY INVESTMENT WITH EXCEPTIONAL UPSIDE! Rare opportunity to own a fully renovated fourplex offering immediate rental income, low-maintenance ownership, and outstanding future development potential. The property underwent a comprehensive renovation in October 2022, featuring modern finishes, updated systems, and improved functionality that provide today's tenants with comfort and convenience while offering investors a turnkey asset. Each of the four units features 2 bedrooms, 1 bathroom, and its own stackable washer and dryer, providing an amenity that is highly desirable in today's rental market. Tenants pay their own electricity and gas, helping reduce owner operating expenses and improve investment performance. During the 2022 renovation, the owner completed extensive improvements, including a new roof, HVAC systems, plumbing, electrical, windows, stucco, framing, kitchens, bathrooms, and bedrooms. The extensive upgrades make this an attractive, low-maintenance investment with strong long-term rental appeal. Situated on a large lot, this property offers exceptional upside beyond its current income. Potential opportunities may include splitting the lot to construct an additional fourplex or retaining the existing improvements while adding up to three Accessory Dwelling Units (ADUs), creating multiple opportunities to increase future value and cash flow. Buyer to independently verify all zoning, lot split potential, ADU opportunities, permits, development feasibility, and intended uses with the City of Sacramento and all applicable governmental agencies. Whether you are completing a a 1031 Exchange, expanding your multifamily portfolio, or searching for a quality investment with long-term appreciation potential, this property offers a rare combination of modern improvements, immediate income, and future development possibilities. Conveniently located near shopping, restaurants, schools, parks, Downtown Sacramento, Sacramento International Airport, public transportation, and major commuter routes, this property is well positioned in one of Sacramento's strongest rental markets.

Location

State CA

County Sacramento

Area 10833

Direction Use GPS to the property after the showing arrangements have been made in writing.

Rooms

Other Rooms Unit-1 Type: Apartment Approx SqFt: 709 Bedrooms: 2 Full Baths: 1 Total Rooms: 5 Occupancy: Tenant Rent: 1550 SqFt Source: Owner Unit-2 Type: Apartment Approx SqFt: 709 Bedrooms: 2 Full Baths: 1 Total Rooms: 5 Occupancy: Owner Rent: 1725 SqFt Source: Owner Unit-3 Type: Apartment Approx SqFt: 709 Bedrooms: 2 Full Baths: 1 Partial Baths: 1 Total Rooms: 5 Occupancy: Tenant Rent: 1600 SqFt Source: Owner Unit-4 Type: Apartment Approx SqFt: 709 Bedrooms: 2 Full Baths: 1 Total Rooms: 5 Occupancy: Tenant Rent: 1650 SqFt Source: Owner

Basement None

Interior

Heating Central, Gas, Individual, Natural Gas

Cooling Ceiling Fan(s), Central, Window Unit(s), Individual

Flooring Luxury Vinyl Plank

Equipment Low-Flow Toilet(s), Low-Flow Shower(s)

Window Features Caulked/Sealed,Dual Pane Full,Low E Glass Full

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

Laundry In Each Unit, Washer/Dryer Hookups

Exterior

Exterior Feature Fenced Yard, Yard Space

Parking Features Off Street, Detached, Uncovered

Utilities Available Sewer In & Connected, Electric, Internet Available, Natural Gas Connected

Water Access Desc Public

Roof Type Shingle

Topography Level,Trees Few

Total Parking Spaces 5

Building

Lot Description Shape Regular, Curbs/Gutters, Sidewalk, Garden, Landscape Front

Story 1

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style A-Frame, Ranch

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 274-0151-013-0000

Special Listing Condition None

Listed by eXp Realty of California Inc.

NEARBY SCHOOLS & PROPERTIES

Tom Daves

Agent | License ID: 00581837

+1(916) 900-0118

Tom Daves

431 Harding AVE Sacramento, CA 95833

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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431 Harding AVE