2814 37th Ave presents a rare three-unit offering in Sacramento's Parkway neighborhood, structured to perform for a range of buyer strategies. Two of the three units are currently occupied, generating immediate rental income from close of escrow. The third unit has been recently updated and is move-in ready, offering genuine flexibility: lease it for additional income, or occupy it while the remaining units offset the mortgage. This is a property built on optionality rather than assumption. For the investor, it offers a partially stabilized asset with no lease-up delay and no deferred renovation costs on the vacant unit. For the owner-occupant, it offers a path to homeownership with built-in income support from day one. Both approaches are viable without compromise to the other. The location supports either strategy well. The property sits minutes from the Franklin Boulevard corridor, with easy access to Land Park, the Sacramento Zoo, Sacramento City College, and Highway 99 positioning it favorably for long-term tenant demand as well as owner convenience. With two units already producing income and a third ready for immediate use, 2814 37th Ave offers a rare combination of stability and flexibility in a single asset. It is well suited for buyers evaluating this property either as an income-generating investment or as a primary residence with supplemental rental income.
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Zillow last checked:
Listing updated:
Listed by:
Darya GhomeshiDRE #01935449916-337-3784,
Compass
Source: MetroList Services of CA,MLS#: 226089868Originating MLS: MetroList Services, Inc.
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 7
Bathrooms: 3
Full bathrooms: 3
Heating
Wall Furnace
Cooling
Wall Unit(s)
Appliances
Laundry: In Unit
Features
Flooring: Carpet, Tile, Laminate
Has fireplace: No
Interior area
Total structure area: 0
Total interior livable area: 1,449 sqft
Property
Parking
Parking features: None
Features
Levels: One
Stories: 1
Lot
Size: 6,098 Square Feet
Features: Other
Details
Parcel number: 01003850080000
Zoning: R-2B
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Triplex
Materials
Stucco
Foundation: Raised, Slab
Condition
Year built: 1948
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Sewer In & Connected, Electric
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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