Remodeled Fourplex Residential
3448 Y Street Sacramento, CA 95817
3448 Y Street, Sacramento, CA, 95817
$1,299,000
For Sale
$1,299,000
Remodeled fourplex with on-site laundry and four leased units, located within walking distance of UC Davis Medical Center.
Property Size3,008 SF
Price / SF$431.85
Days on Market25
Property Features for 3448 Y Street
General Information
- Standard status
- Active
- Size
- 3,008 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1912
Listing agency
Fathom Realty Group, Inc.
(916) 770-7783
Listed by
Alexandru P. Sirb · License #01945322
(916) 770-7783
Source
Exitrealty
Added: Jun 28 Updated: Jul 22 at 5:13AM Checked: Jul 22 at 5:13AM
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 Fathom Realty Group, Inc.
Investment Insights
Based on property information with market context.
This remodeled fourplex provides a total of 3,008 square feet across four units. The property is set up for income with all four units currently leased, and it includes on-site laundry for residents.
The building is located in the Oak Park neighborhood and is within walking distance to the UC Davis Medical Center, supporting convenient access to a major employment and care destination.
Unit 1 is leased for $1,445 per month, Unit 2 for $1,395 per month, Unit 3 for $1,600 per month, and Unit 4 for $1,700 per month.
The building is located in the Oak Park neighborhood and is within walking distance to the UC Davis Medical Center, supporting convenient access to a major employment and care destination.
Unit 1 is leased for $1,445 per month, Unit 2 for $1,395 per month, Unit 3 for $1,600 per month, and Unit 4 for $1,700 per month.
Key Highlights
- Remodeled fourplex with 3,008 SF total living space and four leased units
- 4 units leased: $1,445 (Unit 1), $1,395 (Unit 2), $1,600 (Unit 3), $1,700 (Unit 4)
- On‑site laundry for resident convenience
Local 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 3.95%
Second Best
Apartment 5plus
$675.0K
$590.6K – $787.5K
NOI $47,250 @ 7.0% cap · market cap 3.64%
Theoretical Best
Specialty Retail
$808.3K
$707.3K – $943.0K
NOI $56,580 @ 7.0% cap · market cap 4.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
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FAQs
What type of property is this?
Quadplex - Remodeled fourplex with on-site laundry and four leased units, located within walking distance of UC Davis Medical Center.
Where is this quadplex located?
The property is located at 3448 Y Street Sacramento, CA.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Remodeled fourplex with 3,008 SF total living space and four leased units; 4 units leased: $1,445 (Unit 1), $1,395 (Unit 2), $1,600 (Unit 3), $1,700 (Unit 4); On‑site laundry for resident convenience
