Two-Fourplex Multifamily
3445 Altos Avenue, Sacramento, CA 95838
For Sale
$995,000
Eight one-bedroom residences are arranged across two buildings, with one unit currently vacant.
Property Size4,000 SF
Price / SF$248.75
Days on Market9
Property Features for 3445 Altos Avenue
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Amenities
Varies by Unit
1
8
Other
Meter on Site,See Remarks
4.0
0.0
0.32
Owner
Off Street
Concrete,SeeRemarks
2
Building Details
Year Built
Buildings
Stories
Listing Agency:
Collier's International
Listed By:
Matthew S Sarro
Source:
Carlilerealty
Added: Oct 30
Changed: Nov 7
Last Checked: Nov 7 at 1:43PM
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 Collier's International
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Investment Insights
Based on property information with market context.
The property comprises two four-unit buildings on contiguous parcels, for a total of eight residences. Each unit has one bedroom and one bathroom, and one unit is vacant. The buildings were constructed in 1973 and are zoned R-1A-SPD.
On-site parking is available, and vacant land lies behind the buildings. The property information identifies a possible ADU project for that area.
On-site parking is available, and vacant land lies behind the buildings. The property information identifies a possible ADU project for that area.
Key Highlights
- Two four‑unit buildings on contiguous parcels
- Eight total units, each with one bedroom and one bathroom
- One unit currently vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$68,267
Cap Rate
6.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,365,340
$1.4M
Cap Rate 7%
$975,243
$975.2K
Cap Rate 9%
$758,522
$758.5K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$103.2K $25.80/SF
− Vacancy
−$5.7K −$1.42/SF
EGI
$97.5K $24.38/SF
− OpEx
−$29.3K −$7.31/SF
NOI
$68.3K $17.07/SF
Area
Sacramento, CA
Vacancy
5.50%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,365,340
Cap Rate 7%
$975,243
Cap Rate 9%
$758,522
Alternative Uses
Best Use
Multifamily LT 5
$975.2K
$853.3K – $1.14M
NOI $68,267 @ 7.0% cap · market cap 6.86%
Second Best
Apartment 5plus
$897.6K
$785.4K – $1.05M
NOI $62,832 @ 7.0% cap · market cap 6.31%
Theoretical Best
Specialty Retail
$1.07M
$940.5K – $1.25M
NOI $75,240 @ 7.0% cap · market cap 7.56%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
349
Businesses Nearby
Explore this area
Business Placement
Demographics for 95838, CA
41,340
Population
12,400
Households
3.3
Avg Household Size
32
Median Age
14%
College-Educated
80%
High-School Grad
9.2 sq mi
ZIP Area
4,493
Density / Sq Mi
$63,969
Median Household Income
$35,443
Median Earnings
$1,605
Median Rent
$369,000
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in Sacramento, CA
Properties on Market for Quadplexes in Sacramento
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Eight one-bedroom residences are arranged across two buildings, with one unit currently vacant.
Where is this quadplex located?
The property is located at 3445 Altos Avenue Sacramento, CA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Two four‑unit buildings on contiguous parcels; Eight total units, each with one bedroom and one bathroom; One unit currently vacant
