2844 Connie Drive, Sacramento, CA 95815
Local realty services provided by:Legacy Real Estate & Associates ERA Powered
2844 Connie Drive,Sacramento, CA 95815
$599,999
- - Beds
- - Baths
- 1,938 sq. ft.
- Multi-family
- Active
Listed by: george tung
Office: fx realty
MLS#:226123912
Source:MetroList
Price summary
- Price:$599,999
- Price per sq. ft.:$309.6
About this home
Rare Sacramento income-property opportunity with strong existing cash flow and significant value-add potential. The property currently features two operating Air B&B units generating approximately $4,500 per month combined, plus a nearly completed detached third unit offering additional future income potential. Unit A is a 2-bedroom, 1-bath residence currently operated as a short-term rental and features a brand-new roof. Unit B is a distinctive two-story studio currently used as a mid-term rental. Both units are already producing income, giving the next owner immediate cash flow from day one. At the rear of the property is an approximately 440-square-foot detached third unit undergoing legalization. Revised plans have been approved by the City of Sacramento and issued, with the remaining work subject to completion and final field inspections. The approved plans identify the property with the existing primary residence, existing ADU, and new 440-square-foot ADU, for approximately 1,938 square feet of total livable area upon completion. Much of the third-unit project has already been completed, and the unit includes a new water heater. The approved revised electrical design includes a 200-amp ADU main service and a 100-amp subpanel for the new unit. This gives the next owner a defined path toward completing the project and adding another income-producing unit. The property also offers additional rear-yard space with possible future expansion or development potential, subject to City approval and buyer investigation. This is a strong opportunity for an investor seeking existing rental income with additional upside. Two units are already operating, while the nearly completed third unit offers the potential to increase income and property value once construction and final inspections are completed. Property is being sold AS-IS. Due to the unfinished third unit and current construction status, cash only. Buyer to independently verify permits, unit status, square footage, rental income, short-term and mid-term rental requirements, development potential, and all City requirements....
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Home facts
- Year built:1943
- Listing ID #:226123912
- Added:14 day(s) ago
- Updated:October 22, 2026 at 03:11 PM
Rooms and interior
- Flooring:Wood Floors
- Living area:1,938 sq. ft.
Heating and cooling
- Cooling:Wall Unit(s), Window Unit(s)
- Heating:Fireplace(s), Wall Furnace
Structure and exterior
- Year built:1943
- Building area:1,938 sq. ft.
- Lot area:0.19 Acres
- Lot Features:Landscape Front, Shape Regular
- Construction Materials:Stucco
- Foundation Description:Slab
- Levels:2 Story
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$599,999
- Price per sq. ft.:$309.6
Parking
- Total parking spaces:3
- Carport spaces:3
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