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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
32405036
32405035

3924/3926 Ivy Street, Sacramento, CA 95838

$695,000
17 days on market
Updated 6 days ago

3924/3926 Ivy Street

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 1,650
Units 3
Beds 4
Cap Rate 6.91%
NOI $48,000
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 6.91%
Pro-Forma NOI $48,000
Class B
Investment Type Stabilized
Occupancy Date 05/09/2026
Sale Condition 1031 exchange

Fully Leased | $5,000/Month Gross Income | Seller Carryback Possible

Marketing description

Exceptional opportunity to acquire a fully stabilized multi-unit income property located at 3924/3926 Ivy Street in Sacramento, California.

The asset consists of three separate income streams on one parcel, generating approximately $5,000/month ($60,000 annually) with all units currently leased and producing immediate cash flow from day one.

Income Breakdown:

• 3926 Ivy Street – 3 Bed / 2 Bath Main Residence – $2,750/month

• 3924 Ivy Street – Detached 1 Bed / 1 Bath ADU (new construction) – $1,750/month

• Alley-Access Garage Rental – $500/month

Total Gross Income: Approximately $5,000/month.

The property has undergone extensive capital improvements, including:

• Brand new detached ADU construction

• Fully remodeled primary residence

• New roof, HVAC system, and water heater

• Fresh interior and exterior improvements throughout

This is a true turnkey investment with no deferred maintenance, no repositioning required, and immediate stabilized cash flow.

Ideal for:

• 1031 exchange buyers

• Passive investors

• Buy-and-hold portfolios

• Investors seeking stabilized residential income assets

Seller may consider structured partial seller carryback financing for qualified buyers with substantial down payment.

Tenant occupied. Showings available for qualified buyers only.

Investment highlights

  • Approx. $5,000/month gross income ($60,000 annually)
  • Seller may consider partial owner financing / seller carryback
  • Brand new detached ADU construction
  • Fully remodeled primary residence
  • Ideal 1031 exchange replacement property
  • New roof, HVAC system, and water heater
  • Fresh interior and exterior improvements throughout
  • Fully leased with stable in-place tenants
  • Immediate cash flow from day one
  • Alley-access garage generating additional rental income
  • No deferred maintenance or repositioning required

Listing Contacts

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$48,000.00
$4,000.00/mo

Valuation Metrics

0
DSCR
6.91%
Cap Rate
6.91%
ROI

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Additional Information

Name
Kevin Hutty
License
#02090335
Brokerage
RE/MAX Gold
Title
Broker of Record
Brokerage Address
Sacramento, California
Name
Kevin Hutty DRE #02090335 916-949-8747, RE/MAX Gold Kevin Hutty DRE #02090335 916-949-8747, RE/MAX Gold
License
#02090335
Brokerage Phone
916-949-8747
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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