7429 Tiara Way Citrus Heights, CA 95610
Estimated payment $5,017/month
Highlights
- No HOA
- Laundry Facilities
- Carpet
- Ceiling Fan
About This Home
Exceptional Fourplex Investment Opportunity in Citrus Heights. Now available is a rare opportunity to acquire a well-maintained four-unit multifamily property in the highly sought-after city of Citrus Heights. Each unit offers two bedrooms and one bathroom, providing practical and comfortable living spaces with strong rental appeal. The property includes a shared laundry facility for tenant use, as well as generous off-street parking with capacity for multiple vehicles. A spacious outdoor area is located at the rear of the building, offering additional value and flexibility for resident enjoyment. The front of the property has been recently enhanced with professional landscaping, contributing to its overall curb appeal. Conveniently situated near major transportation corridors, including freeway access, and just minutes from popular destinations such as Costco, Sunrise Mall, and a wide array of shopping and dining options, this location ensures excellent accessibility and tenant demand. This offering represents a compelling investment opportunity for those seeking stable rental income in an established and growing market.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,305
Year Built
- Built in 1963
Lot Details
- 7,571 Sq Ft Lot
Home Design
- Quadruplex
- Slab Foundation
- Shingle Roof
- Composition Roof
- Stucco
Interior Spaces
- 3,576 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Carbon Monoxide Detectors
Flooring
- Carpet
- Linoleum
Parking
- 8 Parking Spaces
- Open Parking
- Off-Street Parking
Utilities
- Window Unit Cooling System
- Wall Furnace
Listing and Financial Details
- Assessor Parcel Number 224-0090-043-0000
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- 4 Units Leased Month-To-Month
- Net Lease
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,305 | $279,279 | $99,925 | $179,354 |
| 2024 | $3,305 | $273,804 | $97,966 | $175,838 |
| 2023 | $3,222 | $268,437 | $96,046 | $172,391 |
| 2022 | $3,205 | $263,174 | $94,163 | $169,011 |
| 2021 | $3,152 | $258,015 | $92,317 | $165,698 |
| 2020 | $3,093 | $255,370 | $91,371 | $163,999 |
| 2019 | $3,031 | $250,364 | $89,580 | $160,784 |
| 2018 | $2,997 | $245,456 | $87,824 | $157,632 |
| 2017 | $2,967 | $240,644 | $86,102 | $154,542 |
| 2016 | $2,772 | $235,926 | $84,414 | $151,512 |
| 2015 | $2,725 | $232,384 | $83,147 | $149,237 |
| 2014 | $2,669 | $227,833 | $81,519 | $146,314 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/01/2025 06/01/25 | For Sale | $890,000 | -- | $249 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $218,000 | Lsi Title Company | |
| Trustee Deed | $339,000 | None Available | |
| Grant Deed | $390,000 | Stewart Title Of Sacramento | |
| Grant Deed | $165,000 | Stewart Title | |
| Interfamily Deed Transfer | -- | Stewart Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $464,000 | Balloon | |
| Previous Owner | $384,300 | Fannie Mae Freddie Mac | |
| Previous Owner | $312,000 | No Value Available | |
| Previous Owner | $132,000 | No Value Available |
Source: MetroList
MLS Number: 225071000
APN: 224-0090-043
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