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3441 Altos Ave, Sacramento, CA, 95838

4beds
1baths
2,000sqft
$599,000
$300price/sqft
$4,002/moest. monthly cost
$160,080/yrincome needed

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.

Getting Around

40
WalkingCar-Dependent
32
TransitSome Transit
58
BikeBikeable

Schools

5/10
4/10
Grant Union High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1973

Materials

  • Construction materials: Concrete

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex

Interior

Appliances

  • Appliances included: See Remarks

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Varies

Heating & Cooling

  • Heating features: Wall Furnace,Varies by Unit
  • Cooling features: Wall Unit(s),Varies by Unit

Interior Area

  • Total interior livable area: 2,000 sqft

Property

Details

  • Zoning description: R-1A-SPD
  • Special condition: Standard

Lot

  • Lot size: 6,969 sqft

Parking

  • Total spaces: 4
  • Parking features: See Remarks