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.
Pending
Price cut: $75K (6/17)
$925,000
3201 Rio Linda Blvd, Sacramento, CA 95815
9beds
7,124sqft
5 or More Units
Built in 1962
-- sqft lot
$-- Zestimate®
$130/sqft
$-- HOA
What's special
Two officesStorage roomTwo bathroomsEight off-street parking spaces
- 63 days |
- 327 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Marguerite Crespillo DRE #01173529 916-996-3777,
eXp Realty of California Inc
Source: MetroList Services of CA,MLS#: 226055898Originating MLS: MetroList Services, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Varies by Unit
Cooling
- Varies by Unit
Features
- Flooring: Varies
- Has fireplace: No
Interior area
- Total interior livable area: 7,124 sqft
Property
Parking
- Total spaces: 8
- Parking features: Off Street
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.8 Acres
Details
- Zoning description: Mixed
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: 5 or More Units
Materials
- Frame
- Roof: Composition
Condition
- Year built: 1962
Community & HOA
Location
- Region: Sacramento
Financial & listing details
- Price per square foot: $130/sqft
- Price range: $925K - $925K
- Date on market: 5/5/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,637/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2026 | Pending sale | $925,000$130/sqft |
Source: MetroList Services of CA #226055898 Report a problem | ||
| 6/17/2026 | Price change | $925,000-7.5%$130/sqft |
Source: MetroList Services of CA #226055898 Report a problem | ||
| 5/5/2026 | Listed for sale | $1,000,000$140/sqft |
Source: MetroList Services of CA #226055898 Report a problem | ||
| 10/24/2023 | Listing removed | -- |
Source: MetroList Services of CA #222142698 Report a problem | ||
| 10/3/2023 | Pending sale | $1,000,000$140/sqft |
Source: MetroList Services of CA #222142698 Report a problem | ||
| 6/23/2023 | Listed for sale | $1,000,000$140/sqft |
Source: MetroList Services of CA #222142698 Report a problem | ||
| 6/22/2023 | Pending sale | $1,000,000$140/sqft |
Source: MetroList Services of CA #222142698 Report a problem | ||
| 6/13/2023 | Price change | $1,000,000-20%$140/sqft |
Source: MetroList Services of CA #222142698 Report a problem | ||
| 2/24/2023 | Price change | $1,250,000-3.8%$175/sqft |
Source: MetroList Services of CA #222142698 Report a problem | ||
| 12/29/2022 | Price change | $1,300,000-18.8%$182/sqft |
Source: MetroList Services of CA #222142698 Report a problem | ||
| 11/22/2022 | Listed for sale | $1,600,000$225/sqft |
Source: MetroList Services of CA #222142698 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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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Climate risks
Neighborhood: South Hagginwood
Nearby schools
GreatSchools rating
- 5/10Hagginwood Elementary SchoolGrades: K-6Distance: 0.7 mi
- 1/10Martin Luther King Jr. Technology AcademyGrades: 7-8Distance: 0.3 mi
- 4/10Grant Union High SchoolGrades: 9-12Distance: 1 mi
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- California
- Sacramento County
- Sacramento
- 95815
- South Hagginwood
- 3201 Rio Linda Blvd






