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Jason Perrone

realtorjasonperrone@gmail.com +1(916) 715-9412

$ 599,000

Est. payment | -/mo

2,000 SqFt

Save

$ 599,000

Est. payment | -/mo

Save

2,000 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $299

MLS Listing ID 226024272

HOA Y/N No

Year Built 1973

Lot Size 6,970 Sqft

Acres 0.16

Property Sub-Type Quadruplex

Source MLS Metrolist

Property Description

***3441 Altos Ave must be purchased with 3445 Altos Avenue & 3836 43rd Avenue, This is a portfolio sale of three separate 4plexes that must be purchased together as a package*** Colliers is pleased to present an attractive multifamily value-add opportunity in the Sacramento region: 3441-3445 Altos Avenue and 3836 43rd Avenue. This portfolio features three well-located, income-producing 4-plex properties totaling 12 units, 3445 Altos Avenue comprises two identical 4-plex buildings constructed in 1973, each approximately 2,000 square feet on individual 0.16-acre parcels. The combined unit mix consists of eight 1-bedroom/1-bath units. Currently operating at approximately 20% loss-to-lease, this asset presents immediate upside for an investor to capture market-rate rents with minimal capital. The property benefits from a quiet, gated community setting, surrounded by single-family homes and directly across from Altos Greenbelt Parkway, providing residents with convenient access to walking and biking trails. Multiple parks and local restaurants are within easy walking distance, enhancing tenant appeal and retention. Commuters enjoy excellent connectivity, with Highway 80 just 5 minutes away and I-5 approximately 10 minutes distant. Complementing the portfolio is 3836 43rd Avenue, built in 1958 a solid 4-plex investment positioned in the South Sacramento submarket, adding diversification and additional income potential within the broader Sacramento rental landscape. The Sacramento multifamily market continues to demonstrate resilience, with stabilizing fundamentals, moderating new supply, and strong long-term demand driven by regional economic growth. Offering Memorandum available for viewing.

Location

State CA

County Sacramento

Area 10838

Direction Located on Hayes and Altos.

Rooms

Other Rooms Unit-1 Approx SqFt: 500 Bedrooms: 1 Full Baths: 1 Total Rooms: 2 Rent: 1250 SqFt Source: Owner

Interior

Heating Wall Furnace, Varies by Unit

Cooling Wall Unit(s), Varies by Unit

Flooring Varies by Unit

Appliance See Remarks

Laundry Varies by Unit

Exterior

Parking Features See Remarks

Utilities Available Sewer In & Connected, Natural Gas Connected, Other

Water Access Desc See Remarks

Total Parking Spaces 4

Building

Lot Description Other

Story 1

Foundation Concrete, Other

Sewer See Remarks

Water See Remarks

Schools

Elementary Schools Sacramento Unified

Middle Schools Sacramento Unified

High Schools Sacramento Unified

School District Sacramento

Others

Senior Community No

Tax ID 250-0210-019

Special Listing Condition None

Listed by Collier's International

Schools and Properties Nearby

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+1(916) 715-9412

realtorjasonperrone@gmail.com

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3441 Altos AVE Sacramento, CA 95838