Mixed-Use Property with Church
3201 Rio Linda Boulevard Sacramento, CA 95815
3201 Rio Linda Boulevard, Sacramento, CA, 95815
$925,000
For Sale
$925,000
Residential units plus a freestanding church building on a mixed-zoned parcel, with eight off-street parking spaces.
Property Size3,250 SF
Price / SF$284.62
Days on Market71
Property Features for 3201 Rio Linda Boulevard
General Information
- Standard status
- Active
- Size
- 3,250 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1962
Listing agency
eXp Realty of California Inc
(916) 996-3777
Listed by
Marguerite Crespillo · License #01173529
(916) 996-3777
Source
Exitrealty
Added: May 13 Updated: Jul 21 at 10:18PM Checked: Jul 21 at 10:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty of California Inc
Investment Insights
Based on property information with market context.
This mixed-use property combines residential income with a freestanding church building. The church space is approximately 1,800 square feet and includes a kitchen area, two offices, storage room, and two bathrooms; it is currently leased month-to-month at $1,100 per month. Residential components include a main house with 3 bedrooms and 1 bathroom (owner-occupied), a detached 2-bedroom, 1-bath unit currently rented at $1,300 per month, a separate 1-bedroom, 1-bath unit with prior rent listed at $650 per month, and a triplex with a studio rented at $750 per month, a 2-bedroom/1-bath rented at $950 per month, and a 1-bedroom/1-bath unit (prior rent $850 per month) currently being prepared for re-lease.
The property sits on a 0.79-acre mixed-zoned parcel and includes eight off-street parking spaces. A shared utility area with water heaters and a designated laundry space is also included, and owner expenses include approximately $1,000 per month for city water and garbage. Current actual rental income is approximately $4,100 per month, with buyer to verify unit counts, square footage, zoning, rents, and condition.
The property sits on a 0.79-acre mixed-zoned parcel and includes eight off-street parking spaces. A shared utility area with water heaters and a designated laundry space is also included, and owner expenses include approximately $1,000 per month for city water and garbage. Current actual rental income is approximately $4,100 per month, with buyer to verify unit counts, square footage, zoning, rents, and condition.
Key Highlights
- Mixed‑use investment on a 0.79‑acre mixed‑zoned parcel with residential units plus a freestanding church building
- Church space: approx. 1,800 SF with kitchen, two offices, storage, and two bathrooms; leased month‑to‑month at $1,100/month
- Main house: 3BR/1BA (owner‑occupied) with market rent upside
Local Financial Insights For Apartment 5plus
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 | $97.5k | $30.00 |
| − Vacancy | −$4.7k | −$1.44 |
| EGI | $92.8k | $28.56 |
| − OpEx | −$41.8k | −$12.85 |
| NOI | $51.1k | $15.71 |
3,250 SF · lease $30.00/SF/yr · vacancy 4.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$729.3K
$638.1K – $850.9K
NOI $51,051 @ 7.0% cap · market cap 5.52%
Second Best
Mixed Use
$640.7K
$560.6K – $747.5K
NOI $44,850 @ 7.0% cap · market cap 4.85%
Theoretical Best
Specialty Retail
$873.3K
$764.2K – $1.02M
NOI $61,133 @ 7.0% cap · market cap 6.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Turning Point Evangelism ...
Church
Leroy The Cat
Church
First Thessalonians Baptist ...
Church
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Residential units plus a freestanding church building on a mixed-zoned parcel, with eight off-street parking spaces.
Where is this mixed-use property located?
The property is located at 3201 Rio Linda Boulevard Sacramento, CA.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Mixed‑use investment on a 0.79‑acre mixed‑zoned parcel with residential units plus a freestanding church building; Church space: approx. 1,800 SF with kitchen, two offices, storage, and two bathrooms; leased month‑to‑month at $1,100/month; Main house: 3BR/1BA (owner‑occupied) with market rent upside
