About 921 Rivera Drive
Rare Multi-Family Investment Opportunity sitting on nearly a 1/2 acre with approved plans to build another ADU! Annual rent revenue of over $76,000 per year. Four Income producing rentals across 3 buildings, plus Three detached support structures (Garage, Laundry, Storage). The package includes a standalone renovated 3-Bed/1 Bath unit, a stand alone 2 bed/1 bath and a duplex featuring a 1 bed/1 bath and a 2 bed/1 bath. Recently upgraded property including a new roof. Conveniently located minutes from shopping, grocery, hwy 80 and local schools, this property is well positioned for consistent tenant demand. Efficiently configured for low-complexity management with upside through rent optimization and laundry income. At asking, this asset offers a compelling return with a projected cap rate of over 9% - Ideal for investors and 1031 exchange buyers.
Features of 921 Rivera Drive
| MLS® # | 226021710 |
|---|---|
| Price | $749,888 |
| Acres | 0.46 |
| Year Built | 1930 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Style | Traditional |
| Status | Active |
Community Information
| Address | 921 Rivera Drive |
|---|---|
| Area | 10838 |
| City | Sacramento |
| County | Sacramento |
| State | CA |
| Zip Code | 95838-4366 |
Amenities
| Parking Spaces | 6 |
|---|---|
| Parking | Off Street,Detached,Street,Garage,Uncovered,Varies by Unit |
| Has Pool | No |
Interior
| Interior | Carpet,Tile,Laminate,Linoleum,Varies by Unit |
|---|---|
| Appliances | Free Standing Gas Oven,Free Standing Gas Range,Free Standing Refrigerator,Gas Water Heater |
| Heating | Wall Furnace,Varies by Unit,Natural Gas |
| Cooling | Ceiling Fan(s),Wall Unit(s),Window Unit(s),Varies by Unit |
| Fireplace | No |
| Stories | One |
Exterior
| Lot Description | Corner,Shape Irregular,Curb(s),Curbs/Gutters,Garden,Landscape Back,Landscape Front |
|---|---|
| Roof | Composition |
| Foundation | Combination, Raised, Slab |
School Information
| District | Twin Rivers Unified |
|---|---|
| Elementary | Twin Rivers Unified |
| Middle | Twin Rivers Unified |
| High | Twin Rivers Unified |
Additional Information
| Zoning | R-1 |
|---|
Listing Details
| Office | ERA Carlile Realty Group |
|---|