$730,000
PENDING

3715 46th Ave Sacramento, CA 95824

Estimated payment $4,543/month

Total Views 1,330
6 Beds
4 Baths
2,570 Sq Ft
$284 Price per Sq Ft

Highlights

  • No HOA
  • Controlled Access
  • Landscaped
  • Security Gate
  • Garden
  • Ceiling Fan

About This Home

Prime four-unit investment property located in the growing South Sacramento submarket. This property features (2) 1-bedroom/1-bath and (2) 2-bedroom/1-bath units, bringing in a total of $5,265/month with a 6.17% cap rate based on actuals. One of the 1-bedroom units is currently vacant, providing an opportunity for a new owner to either lease it or occupy it personally. The property offers a strong unit mix with recent improvements, including a new water heater and a roof replaced approximately 3 years ago. The lot also features a large private backyard and on-site parking for residents.

Listing Agent

Matthew Sarro

Collier's International CA, Inc. License #01942991 Listed on: 06/19/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,153

Year Built

  • Built in 1961

Lot Details

  • 7,336 Sq Ft Lot
  • Security Fence
  • Landscaped
  • Garden

Home Design

  • Quadruplex
  • Garden Apartment
  • Slab Foundation
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,570 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Vinyl Flooring
  • Security Gate

Parking

  • 4 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 037-0242-025-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 3 Leased Units
  • 1 Vacant Unit
  • 3 Units Leased Month-To-Month
  • Net Lease
  • Insurance Expense $2,212
  • Net Operating Income $45,013

Security

  • Controlled Access

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,153

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments, Garden Apartments
  • Property Subtype 1: Quadruplex
  • Year Built: 1961
  • Stories: 1
  • Number of One Bedroom Units: 2
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Price Per Square Foot: 284.05
  • Square Footage: 2570.00

Exterior Features

  • Construction Materials: Stucco, Wood Siding
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 730000.00
  • Lot Features: Garden, Landscape Back, Landscape Front
  • New Construction: No
  • Pool: No
  • Spa: No

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 4.00

Utilities

  • Security: Secured Access, Security Fence, Security Gate
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Electric
  • Cooling: Ceiling Fan(s), Wall Unit(s)
  • Heating: Wall Furnace
  • Laundry Features: Other
  • Water Source: Meter on Site
  • Utilities Expenses: 7560

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning: RD-20RD-20
  • Irrigation: None, Other
  • Lot Size Acres: 0.1684
  • Lot Size Sq Ft: 7336.00

Rental Info

  • Lease Type: Net

Multi Family

  • Gross Income: 63180
  • Income Includes: ["Rent Only"]
  • Total Number Leasable: 4
  • Insurance Expense: 2212
  • Number of Leased Units: 3
  • Number of Month to Month Units: 3
  • Number of Units: 4
  • Number of Vacant Units: 1
  • Total Number Owner Occupied: 3

Tax Info

  • Assessor Parcel Number: 037-0242-025-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,153 $611,573 $162,364 $449,209
2024 $7,153 $599,582 $159,181 $440,401
2023 $6,987 $587,826 $156,060 $431,766
2022 $6,873 $576,300 $153,000 $423,300
2021 $5,246 $448,296 $92,751 $355,545
2020 $5,293 $443,700 $91,800 $351,900
2019 $4,783 $400,000 $100,000 $300,000
2018 $2,751 $223,013 $66,795 $156,218
2017 $2,717 $218,641 $65,486 $153,155
2016 $2,590 $214,354 $64,202 $150,152
2015 $5,571 $211,135 $63,238 $147,897
2014 $1,837 $149,676 $30,136 $119,540
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2025 07/02/25 Pending -- -- --
06/19/2025 06/19/25 For Sale $730,000 +252.7% $284 / Sq Ft
06/30/2014 06/30/14 Sold $207,000 -1.4% $80 / Sq Ft
06/24/2014 06/24/14 Pending -- -- --
05/30/2014 05/30/14 For Sale $210,000 +40.9% $81 / Sq Ft
06/25/2013 06/25/13 Sold $149,000 0.0% $57 / Sq Ft
04/11/2013 04/11/13 Pending -- -- --
01/30/2013 01/30/13 For Sale $149,000 -- $57 / Sq Ft
Source: MetroList

Purchase History

Date Type Sale Price Title Company
Grant Deed $565,000 Chicago Title Company
Grant Deed $435,000 Chicago Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $400,000 Orange Coast Title Company
Interfamily Deed Transfer -- First American Title Company
Grant Deed $207,000 First American Title Company
Grant Deed $149,000 North American Title Company
Trustee Deed $81,100 None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $423,750 New Conventional
Previous Owner $336,000 Adjustable Rate Mortgage/ARM
Previous Owner $386,650 FHA
Previous Owner $150,000 Commercial
Previous Owner $103,500 Credit Line Revolving
Previous Owner $111,750 New Conventional
Source: Public Records

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Source: MetroList

MLS Number: 225082420

MetroList

APN: 037-0242-025