4322 4th Ave - Office/Residential FOR SALE


Sacramento, CA 95817- North Oak Park
$950,000 USD
916-612-5314
4322 4th Ave, Sacramento, CA for Sale
$950,000 USD
Office/Residential - FOR SALE
1/16
null | Request Cap Rate

4322 4th Ave
Sacramento, CA 95817
North Oak Park


HIGHLIGHTS

  • Renovated and fully furnished 4BD / 3.5BA home with stylish, modern finishes
  • Operates as a high-performing “turn key” Airbnb or ready-to-occupy residence
  • Rare 0.24-acre lot with gated parking, gazebo, and excess land ideal for ADU development
  • Zoned Residential/Office (RO) with potential to develop up to 4 residential units
  • Valuable infill opportunity just one block from UC Davis Medical Center / Aggie Square
  • Offered at $950,000—$471/SF for the home or $92/SF for the land

OVERVIEW

4322 4th Avenue, herein referenced as “the Property”, presents a centrally located “turn key” AirBNB or single family home available for sale, with further value as a result of the impressive 0.24 acre lot size and a zoning designation that allows for both commercial and residential use or development. The existing 2,016 square foot home has been recently renovated and will be sold fully furnished, offering a move in ready home for it’s next owner, or a ready to go rental property for an investor looking to capitalize on the growing rental demand surrounding the UC Davis Medical Center. The home consists of 4 bedrooms and 3.5 bathrooms, modern renovations throughout, on-site secure parking, and a spacious backyard with gazebo. The backyard and on-site parking compliment the existing home exceptionally well, but also serve as excess land with strong development potential. The existing zoning is residential/office (RO), allowing for a variety of residential or commercial developments with a maximum density of 36 units per acre. Based upon the RO zoning density parameters, up to four residential units could be allowed by right on the Property, presenting a significant “value-add” opportunity to construct three more units on the Property. There are very few development opportunities in the city of Sacramento that come paired with an existing home and immediate income potential, let alone one offered within the immediate vicinity of UC Davis. The Property is being offered for sale at $950,000.00, equating to a price per square foot of $471 on the home, or $92 per square foot for the land.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$471 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1903

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

RO R

APN/PARCEL ID

014-0163-057

ASK ABOUT THIS PROPERTY

Scott KingstonTurton Commercial Real EstateMore Info
916-612-5314

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Scott KingstonTurton Commercial Real EstateMore Info
916-612-5314

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.