North Oak Park Fourplex
3208 2nd Ave Sacramento, CA 95817
For Sale
$875,000
MULTI_FAMILY - Sacramento, CA
Property Size3,008 SF
Lot Size0.14 Acres
Price / SF$290.89
Days on Market318
Property Features for 3208 2nd Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Bathrooms
- 8
- Rooms
- Bedroom 3, Bathroom 4, Bathroom 6, Bedroom 5, Bedroom 4, Bathroom 7, Bathroom 2, Bedroom 7, Bedroom 2, Bathroom 5, Bathroom 8, Bedroom 6, Bathroom 3, Bedroom 1, Bathroom 1
- Parking features
- Off Street
- Interior features
- Smart Thermostat
- Appliances
- Dryer, Washer
- Standard status
- Active
- APN
- 0100371003000
- Size
- 3,008 SF
- Lot size
- 0.14 Acres
Utilities
- Heating system
- Wall Furnace
- Cooling system
- Window Unit(s), Wall/Window Unit(s)
Building Details
- Year built
- 1992
- Number of units
- 4
- Building materials
- Wood Siding
- Roof type
- Composition
Listing Agency:
EXP Realty of California, Inc
(888) 584-9427
Listed By:
Garrick Yan · License #01916102
(510) 999-8008
Added: Sep 10, 2025
Changed: Jul 11
Last Checked: Jul 24 at 2:06AM
MLS# 41111035
Copyright © 2026 Bay East. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This fourplex property is located in the heart of North Oak Park, Sacramento. Constructed in 1992, the gated multi-family building features a mix of units. The property comprises three 2-bedroom, 2-bathroom units and one studio unit. Each unit includes in-unit laundry and air conditioning. Tenants benefit from gated off-street parking. The property is located in a rapidly developing neighborhood near UC Davis Medical Center, Midtown, and major freeways, offering an ideal location for renters seeking urban living. The building size is 3008 square feet and the lot size is 0.14 acres.
Key Highlights
- Fourplex built in 1992 with a gated multi‑family setting
- Unit mix: three 2‑bedroom, 2‑bath units plus one studio unit
- In‑unit laundry with included washer and dryer
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $77.6k | $25.80 |
| − Vacancy | −$4.3k | −$1.42 |
| EGI | $73.3k | $24.38 |
| − OpEx | −$22.0k | −$7.31 |
| NOI | $51.3k | $17.07 |
3,008 SF · lease $25.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$733.4K
$641.7K – $855.6K
NOI $51,337 @ 7.0% cap · market cap 5.87%
Second Best
Apartment 5plus
$675.0K
$590.6K – $787.5K
NOI $47,250 @ 7.0% cap · market cap 5.40%
Theoretical Best
Specialty Retail
$808.3K
$707.3K – $943.0K
NOI $56,580 @ 7.0% cap · market cap 6.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Fourplex in North Oak Park, Sacramento, with strong rental potential.
Where is this quadplex located?
The property is located at 3208 2nd Ave Sacramento, CA.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Fourplex built in 1992 with a gated multi‑family setting; Unit mix: three 2‑bedroom, 2‑bath units plus one studio unit; In‑unit laundry with included washer and dryer
