Residential Income
For Sale
$735,000
921 Rivera Drive, Sacramento, CA 95838
1930-built property with unit-specific systems, appliance packages, storage, and varied off-street parking options.
Property Size3,665 SF
Price / SF$200.55
Days on Market99
Property Features for 921 Rivera Drive
General Information
Standard status
Active
Size
3,665 SF
Total Parking Spaces
6
Property subtype
Residential Income
Zoning
R-1
Site & Location
Neighborhood
South Hagginwood
Amenities
Ceiling Fan(s), Wall Unit(s), Window Unit(s), Varies by Unit
Wall Furnace, Varies by Unit, Natural Gas
Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Water Heater
Storage
Off Street, Detached, Garage, Varies by Unit, On Street
Traditional
Building Details
Year Built
1930
Buildings
5
Stories
1
Listed By:
Michael D. Erman
(916) 524-5245
Source:
Evrealestate
Added: Jul 17
Changed: Oct 16
Last Checked: Oct 23 at 7:46AM
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 Michael D. Erman
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Investment Insights
Based on property information with market context.
This residential income property offers 3,665 square feet within a 1930-built structure. Interior features vary by unit and include ceiling fans, wall and window cooling units, wall furnaces, natural gas service, gas water heaters, and freestanding cooking and refrigeration appliances. Storage is also provided.
Parking options include off-street spaces, detached garages, and on-street parking, with availability varying by unit. The property is located in Sacramento, California, and carries R-1 zoning.
Parking options include off-street spaces, detached garages, and on-street parking, with availability varying by unit. The property is located in Sacramento, California, and carries R-1 zoning.
Key Highlights
- 3,665‑square‑foot residential income property
- Built in 1930
- R‑1 zoning in Sacramento, CA
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,570
Cap Rate
7.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,151,400
$1.2M
Cap Rate 7%
$822,429
$822.4K
Cap Rate 9%
$639,667
$639.7K
Market Conditions
NOI Build-Up for 3,665 SF
Gross rent
$110.0K $30.00/SF
− Vacancy
−$5.3K −$1.44/SF
EGI
$104.7K $28.56/SF
− OpEx
−$47.1K −$12.85/SF
NOI
$57.6K $15.71/SF
Area
Sacramento, CA
Vacancy
4.80%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,151,400
Cap Rate 7%
$822,429
Cap Rate 9%
$639,667
Alternative Uses
Best Use
Apartment 5plus
$822.4K
$719.6K – $959.5K
NOI $57,570 @ 7.0% cap · market cap 7.83%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$984.8K
$861.7K – $1.15M
NOI $68,939 @ 7.0% cap · market cap 9.38%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
229
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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Frequently Asked Questions
What type of property is this?
Residential income property - 1930-built property with unit-specific systems, appliance packages, storage, and varied off-street parking options.
Where is this residential income property located?
The property is located at 921 Rivera Drive Sacramento, CA.
What is the asking price?
The asking price for this property is $735,000.
What are key features of this property?
This property features: 3,665‑square‑foot residential income property; Built in 1930; R‑1 zoning in Sacramento, CA
