See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

2944 Del Paso Blvd, Sacramento, CA, 95815

12beds
6baths
4,998sqft
$1,499,998
$300price/sqft
$10,103/moest. monthly cost
$404,120/yrincome needed

About This Home

This turnkey investment gem features six spacious 2bd/1ba units (~833 sqft each) that have been completely upgraded with premium finishes, granite kitchens, new flooring, HVAC, plumbing, electrical, designer touches, and modern amenities throughout. Recent $172k+ in capital improvements include on-site coin-op laundry, gated parking for 9 vehicles, new fencing, landscaping, and exterior enhancements. Fully stabilized with strong, long-term tenants on updated leases averaging $2k a month per unit (through 2026-2027) plus reliable laundry income. Delivers immediate, hassle-free cash flow in a high-demand Sacramento rental market. Prime location in a rapidly growing corridor with excellent access to downtown, light rail, employment centers, shopping, and major highways. Additional opportunities include ADU development potential on the large front setback & alley access, future rent growth, and strong appreciation in this revitalizing Sacramento neighborhood. Rare opportunity to acquire a clean, professionally renovated, income-producing asset with low maintenance and significant built-in equity. Ideal for investors seeking strong returns and long-term value. Don't miss this one!

Getting Around

63
WalkingSomewhat Walkable
45
TransitSome Transit
46
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1989

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Metal,Plaster,Concrete,Floor Insulation,Frame,Vinyl Siding,Glass,Wall Insulation,Wood,Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: 5 or More Units

Interior

Appliances

  • Appliances included: Free-Standing Gas Range,Free-Standing Refrigerator,Dishwasher,Microwave
  • Laundry features: Coin Operated,Common Area

Bedrooms & Bathrooms

  • Bedrooms: 12
  • Bathrooms: 6
  • Full bathrooms: 6

Features

  • Flooring: Carpet,Tile,Laminate

Heating & Cooling

  • Heating features: Central
  • Cooling features: Ductless,See Remarks

Interior Area

  • Total structure area: 0
  • Total interior livable area: 4,998 sqft

Property

Details

  • Zoning: R-2B
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Topography of land: Level,Level

Lot

  • Lot size: 0.25 Acres
  • Features: Other

Parking

  • Total spaces: 6
  • Parking features: Permit Required,Detached,Uncovered,Guest,Interior Access,See Remarks
  • Has garage: Yes
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeModerate

How This Home’s Risks Compare

Earthquake

FEMA Declared Disasters in Sacramento County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,584$91,008
Home Insurance *$499$5,988
Property Taxes $949$11,388
Electricity $1,071$12,861
Total$10,103$121,236
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$346,388/yr
40% on housing$303,090/yr
45% on housing$269,413/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.7%
7.7%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.9%
0.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$300This listing

vs Other Active Listings

Avg $/sqft

ZIP 95815$210
Sacramento County$265

vs Homes Sold Last Month

Median $/sqft

ZIP 95815$343
Sacramento County$320

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-15Listed for sale$1,499,998
2026-03-18Listing removed$1,699,995
2026-01-09Listed for sale$1,699,995
2026-01-06Listing removed$1,799,995
2025-07-09Listed for sale$1,799,995
2024-01-09Sold$1,055,000
2023-11-02Pending sale$989,000
2023-10-19Listed for sale$989,000

For Sale by Agent

AgentBen Marmol
BrokerageIntero Real Estate Services

Similar Homes