3836 43rd Avenue
- Most affordable Quadplex available in Sacramento County
- Currently generating $4,298 per month in rental income
- Ample on-site parking available
- Pitched roof & On-site laundry
- Secured gated entrance
- Submarket’s average occupancy rate of 96.5%
Property Description
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. 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.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Highest & best offer |
| Property Types: | Apartment Buildings |
| Price: | $589,000 |
| No. of Units: | 4 |
| Year Built: | 1958 |
| Building Size: | 2,472 Sq ft |
| Lot Size: | 0.17 Acres |
| No. of Stories: | 2 |
| APN: | 037-0181-010 |
| Zoning Code: | RD-20 |
| Opportunity Zone: | No |
| Price per unit: | $147,250 |
Additional contacts
| Full name | Phone number | Email address |
|---|---|---|
| Matt Sarro | 916-616-5267 | [email protected] |
| Trevor Meleski | 530-903-0959 | [email protected] |
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