$1,300,000
$100K PRICE DROP

Estimated payment $8,329/month

Total Views 1,899
8 Beds
1 Bath
3,960 Sq Ft
$328 Price per Sq Ft

Highlights

  • 0.32 Acre Lot
  • Security Gate
  • Laundry Facilities
  • No HOA
  • Garden
  • Carpet

About This Home

PRICE REDUCED! Two matching single-story fourplexes, situated on separate parcels and offered together, in the growing North Sacramento submarket. Built in 1973, each building consists of 1-bedroom/1-bath units, with a combined total of 3,960 square feet of rentable living space. 3441 Altos Ave generates $4,210 per month, while 3445 Altos Ave brings in $3,920, for a total monthly income of $8,130. 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 buildings face each other and share a front yard enclosed by iron fencing, creating a private, community-style setting. Both properties also offer off-street parking. Located in a quiet residential neighborhood surrounded by single-family homes and directly across from the Altos Greenbelt Parkway, with convenient access to walking and biking trails. The brochure with the rent roll and expenses is attached.

Listing Agent

Matthew Sarro

Collier's International CA, Inc. License #01942991 Listed on: 07/14/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 0.32 Acre Lot
  • Garden

Home Design

  • Brick Exterior Construction
  • Concrete Foundation
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 3,960 Sq Ft Home
  • 1-Story Property
  • Security Gate

Flooring

  • Carpet
  • Laminate

Parking

  • 8 Parking Spaces
  • Off-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 250-0210-019

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 8 Units

Amenities

  • Laundry Facilities

Building Details

  • 8 Leased Units
  • 8 Units Leased Month-To-Month
  • Net Lease

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: 5 or More Units
  • Stories: 1
  • Year Built: 1973
  • Stories: 1
  • Number of One Bedroom Units: 8
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Laminate, Varies by Unit
  • Price Per Square Foot: 328.28
  • Square Footage: 3960.00

Exterior Features

  • Construction Materials: Brick, Stucco
  • Foundation: Concrete
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 1300000.00
  • Lot Features: Garden, Other
  • New Construction: No
  • Pool: No
  • Spa: No

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 8.00

Utilities

  • Security: Varies By Unit, Security Gate
  • Sewer: Public Sewer, Other
  • Utilities: Natural Gas Connected, Electric
  • Cooling: Wall Unit(s)
  • Heating: Wall Furnace
  • Laundry Features: In Common Area, Washer/Dryer Owned
  • Water Source: Meter on Site

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning: R-1A-SPD
  • Irrigation: Public District, Meter on Site
  • Lot Size Acres: 0.3200
  • Lot Size Sq Ft: 13939.00

Rental Info

  • Tenant Pays: Rent Only
  • Lease Type: Net

Multi Family

  • Income Includes: ["Rent Only","Other"]
  • Total Number Leasable: 8
  • Number of Leased Units: 8
  • Number of Month to Month Units: 8
  • Number of Units: 8

Tax Info

  • Assessor Parcel Number: 250-0210-019
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Map

Range of Values:

Collateral Analytics

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2025 08/11/25 Price Changed $1,300,000 -7.1% $328 / Sq Ft
07/14/2025 07/14/25 For Sale $1,400,000 +283.6% $354 / Sq Ft
10/31/2018 10/31/18 Sold $365,000 -1.1% $183 / Sq Ft
09/24/2018 09/24/18 Pending -- -- --
08/25/2018 08/25/18 Price Changed $369,000 -2.6% $185 / Sq Ft
08/06/2018 08/06/18 For Sale $379,000 +110.6% $190 / Sq Ft
02/28/2014 02/28/14 Sold $180,000 -9.8% $69 / Sq Ft
12/14/2013 12/14/13 Pending -- -- --
11/07/2013 11/07/13 For Sale $199,500 -- $77 / Sq Ft
Source: MetroList

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Source: MetroList

MLS Number: 225093033

MetroList

APN: 250-0210-019