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4322 4th Ave 2,016 SF Office Building Sacramento, CA 95817 $1,186,854 CAD ($588.72 CAD/SF)
Investment Highlights
- Price Reduced! Renovated and fully furnished 4BD / 3.5BA home with stylish, modern finishes
- Rare 0.24-acre lot with gated parking, gazebo, and excess land ideal for ADU development
- Valuable infill opportunity just one block from UC Davis Medical Center / Aggie Square
- Operates as a high-performing “turn key” Airbnb or ready-to-occupy residence
- Zoned Residential/Office (RO) with potential to develop up to 4 residential units
Executive Summary
Price Reduced!
4322 4th Avenue 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.
4322 4th Avenue 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.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
2,016 SF
Building Class
C
Year Built/Renovated
1903/2021
Price
$1,186,854 CAD
Price Per SF
$588.72 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,008 SF
Building FAR
0.19
Lot Size
0.24 AC
Zoning
RO R - RO-O
Parking
6 Spaces (2.98 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Fenced Lot
- Wheelchair Accessible
- Fire Pits
- Air Conditioning
Very walkable
80/100
Moderately drivable
70/100
Some public transit
40/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 014-0163-057 | Improvements Assessment | $889,272 CAD |
| Land Assessment | $148,260 CAD | Total Assessment | $1,037,532 CAD |
Property Taxes
Parcel Number
014-0163-057
Land Assessment
$148,260 CAD
Improvements Assessment
$889,272 CAD
Total Assessment
$1,037,532 CAD
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