3201 Rio Linda Boulevard, Sacramento, CA 95815
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
3201 Rio Linda Boulevard,Sacramento, CA 95815
$875,000
- - Beds
- - Baths
- 7,124 sq. ft.
- Multi-family
- Active
Listed by: marguerite crespillo
Office: exp realty of california inc
MLS#:226055898
Source:MFMLS
Price summary
- Price:$875,000
- Price per sq. ft.:$122.82
About this home
Mixed-Use Investment Opportunity with Multiple Income Streams! Unique mixed-use property offering a combination of residential units and a freestanding church space on a .79-acre Mixed-zoned parcel, creating strong income potential with room to improve and add value. The property includes a church building of approximately 1,800 sq ft, featuring a kitchen area, two offices, storage room, and two bathrooms, currently leased month-to-month at $1,100/month. This flexible space opens the door for continued use as a place of worship or potential repurposing (buyer to verify). In addition, the property includes multiple residential units: a main house with 3 bedrooms and 1 bathroom (owner-occupied, with market rent upside); a detached 2-bedroom, 1-bath unit currently rented at $1,300/month; a separate 1-bedroom, 1-bath unit (prior rent $650/month); and a triplex consisting of one studio unit rented at $750/month, one 2-bedroom/1-bath unit rented at $950/month, and one 1-bedroom/1-bath unit (prior rent $850/month, currently being prepared for re-lease). Current actual rental income is approximately $4,100/month, with stabilized pro-forma income potential significantly higher once all units are at market rent. Most tenancies are month-to-month, offering flexibility for repositioning. Additional features include eight off-street parking spaces and a shared utility area with water heaters and a designated laundry space offering future income potential. Owner currently pays approximately $1,000/month for city water and garbage. This is a true value-add opportunity with several units producing income and others offering upside through lease stabilization, unit turns, and improved management. Ideal for investors looking to expand their portfolio with a property that has diverse income streams and long-term potential. Convenient Sacramento location with easy access to major roadways, services, and amenities. Buyer to verify all unit counts, square footage, zoning, rents, and condition. Bring your vision this is an opportunity you don't see every day....
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Home facts
- Year built:1962
- Listing ID #:226055898
- Added:146 day(s) ago
- Updated:September 29, 2026 at 03:01 PM
Rooms and interior
- Flooring:Varies by Unit
- Living area:7,124 sq. ft.
Heating and cooling
- Cooling:Varies by Unit
- Heating:Varies by Unit
Structure and exterior
- Roof:Composition Shingle
- Year built:1962
- Building area:7,124 sq. ft.
- Lot area:0.8 Acres
- Construction Materials:Frame
- Foundation Description:Raised Foundation
- Levels:1 Story
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$875,000
- Price per sq. ft.:$122.82
Features and amenities
- Laundry features:Varies by Unit
Parking
- Total parking spaces:8
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