3441 Altos Avenue, Sacramento, CA 95838
Local realty services provided by:ERA Carlile Realty Group
3441 Altos Avenue,Sacramento, CA 95838
$599,000
- - Beds
- - Baths
- 2,000 sq. ft.
- Multi-family
- Active
Listed by: matthew sarro
Office: collier's international
MLS#:226024272
Source:MFMLS
Price summary
- Price:$599,000
- Price per sq. ft.:$299.5
About this home
***3441 Altos Ave must be purchased with 3445 Altos Avenue & 3836 43rd Avenue, This is a portfolio sale of three separate 4plexes that must be purchased together as a package*** Colliers is pleased to present an attractive multifamily value-add opportunity in the Sacramento region: 3441-3445 Altos Avenue and 3836 43rd Avenue. This portfolio features three well-located, income-producing 4-plex properties totaling 12 units, 3445 Altos Avenue comprises two identical 4-plex buildings constructed in 1973, each approximately 2,000 square feet on individual 0.16-acre parcels. The combined unit mix consists of eight 1-bedroom/1-bath units. Currently operating at approximately 20% loss-to-lease, this asset presents immediate upside for an investor to capture market-rate rents with minimal capital. The property benefits from a quiet, gated community setting, surrounded by single-family homes and directly across from Altos Greenbelt Parkway, providing residents with convenient access to walking and biking trails. Multiple parks and local restaurants are within easy walking distance, enhancing tenant appeal and retention. Commuters enjoy excellent connectivity, with Highway 80 just 5 minutes away and I-5 approximately 10 minutes distant. Complementing the portfolio is 3836 43rd Avenue, built in 1958 a solid 4-plex investment positioned in the South Sacramento submarket, adding diversification and additional income potential within the broader Sacramento rental landscape. The Sacramento multifamily market continues to demonstrate resilience, with stabilizing fundamentals, moderating new supply, and strong long-term demand driven by regional economic growth. Offering Memorandum available for viewing....
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Home facts
- Year built:1973
- Listing ID #:226024272
- Added:52 day(s) ago
- Updated:May 03, 2026 at 02:41 PM
Rooms and interior
- Flooring:Varies by Unit
- Living area:2,000 sq. ft.
Heating and cooling
- Cooling:Varies by Unit, Wall Unit(s)
- Heating:Varies by Unit, Wall Furnace
Structure and exterior
- Year built:1973
- Building area:2,000 sq. ft.
- Lot area:0.16 Acres
- Construction Materials:Concrete
- Foundation Description:Concrete
- Levels:1 Story
Finances and disclosures
- Price:$599,000
- Price per sq. ft.:$299.5
Features and amenities
- Laundry features:Varies by Unit
Parking
- Total parking spaces:4
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