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Marlina Johnson

mjoyjohn@yahoo.com +1(916) 698-0108

$ 599,999

Est. payment | -/mo

1,938 SqFt

Save

$ 599,999

Est. payment | -/mo

Save

1,938 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,938 sqft

Price per Sqft $309

MLS Listing ID 226123912

HOA Y/N No

Year Built 1943

Lot Size 8,276 Sqft

Acres 0.19

Property Sub-Type Duplex

Source MLS Metrolist

Property Description

Rare Sacramento income-property opportunity with strong existing cash flow and significant value-add potential. The property currently features two operating Air B&B units generating approximately $4,500 per month combined, plus a nearly completed detached third unit offering additional future income potential. Unit A is a 2-bedroom, 1-bath residence currently operated as a short-term rental and features a brand-new roof. Unit B is a distinctive two-story studio currently used as a mid-term rental. Both units are already producing income, giving the next owner immediate cash flow from day one. At the rear of the property is an approximately 440-square-foot detached third unit undergoing legalization. Revised plans have been approved by the City of Sacramento and issued, with the remaining work subject to completion and final field inspections. The approved plans identify the property with the existing primary residence, existing ADU, and new 440-square-foot ADU, for approximately 1,938 square feet of total livable area upon completion. Much of the third-unit project has already been completed, and the unit includes a new water heater. The approved revised electrical design includes a 200-amp ADU main service and a 100-amp subpanel for the new unit. This gives the next owner a defined path toward completing the project and adding another income-producing unit. The property also offers additional rear-yard space with possible future expansion or development potential, subject to City approval and buyer investigation. This is a strong opportunity for an investor seeking existing rental income with additional upside. Two units are already operating, while the nearly completed third unit offers the potential to increase income and property value once construction and final inspections are completed. Property is being sold AS-IS. Due to the unfinished third unit and current construction status, cash only. Buyer to independently verify permits, unit status, square footage, rental income, short-term and mid-term rental requirements, development potential, and all City requirements.

Location

State CA

County Sacramento

Area 10815

Direction Highway 99 North. Exit El Camino, left turn. Right on Van Ness. Right Auburn. Right Juliesse. Right on Connie. House on left.

Rooms

Other Rooms Unit-1 Type: Apartment Approx SqFt: 800 Bedrooms: 2 Full Baths: 1 Total Rooms: 5 Occupancy: Tenant SqFt Source: Appraiser Unit-2 Type: Penthouse Approx SqFt: 200 Bedrooms: 1 Full Baths: 1 Total Rooms: 2 SqFt Source: Appraiser

Interior

Heating Fireplace(s), Wall Furnace

Cooling Wall Unit(s), Window Unit(s)

Flooring Wood

Laundry Coin Operated

Exterior

Parking Features Carport, Covered

Carport Spaces 3

Utilities Available City, Sewer In & Connected, Electric

Water Access Desc Water District

Total Parking Spaces 3

Building

Lot Description Shape Regular, Landscape Front

Story 2

Foundation Slab

Sewer Private Sewer

Water Water District

Schools

Elementary Schools Sacramento Unified

Middle Schools Sacramento Unified

High Schools Sacramento Unified

School District Sacramento

Others

Senior Community No

Tax ID 266-0252-002-0000

Special Listing Condition Offer As Is, Other

Listed by FX Realty

Schools and Properties Nearby

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+1(916) 698-0108

mjoyjohn@yahoo.com

Learn More About LPT Realty

2844 Connie DR Sacramento, CA 95815