Colliers is pleased to present 3836 43rd Ave, a four-unit investment property located in the growing South Sacramento submarket.
Built in 1958, the building consists of 1-bedroom/1-bath units, with 2,472 square feet of rentable living space. The property is currently generating $3,950 per month. There is strong upside potential through rent increases, with average market rents in the area around $1,350 per unit, offering a clear value-add opportunity.
The property features a gated community setting offering off-street parking and an on-site laundry facility. The subject property offers an exceptional opportunity for investors or owner-occupants seeking steady rental income.
Convenience, affordability, access to existing businesses and employment opportunities in the surrounding region make this corridor desirable to residents. The area continues to attract a wide range of national, regional, and local employers due to the proximity to major highways and the liveliness. As residents are priced out of the single-family housing market, many residents in the community are realizing without significant wage growth they will be long term renters.