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Pending
  • Price cut: $75K (6/17)
    $925,000

    3201 Rio Linda Blvd, Sacramento, CA 95815

    9beds
    7,124sqft
    : 
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    5 or More Units
    Built in 1962
    -- sqft lot
    $-- Zestimate®
    $130/sqft
    $-- HOA

    What's special

    Two officesStorage roomTwo bathroomsEight off-street parking spaces
    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.
    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

        DateEventPrice
        6/23/2026Pending sale$925,000$130/sqft
        Source: MetroList Services of CA #226055898 Report a problem
        6/17/2026Price change$925,000-7.5%$130/sqft
        Source: MetroList Services of CA #226055898 Report a problem
        5/5/2026Listed for sale$1,000,000$140/sqft
        Source: MetroList Services of CA #226055898 Report a problem
        10/24/2023Listing removed--
        Source: MetroList Services of CA #222142698 Report a problem
        10/3/2023Pending sale$1,000,000$140/sqft
        Source: MetroList Services of CA #222142698 Report a problem
        6/23/2023Listed for sale$1,000,000$140/sqft
        Source: MetroList Services of CA #222142698 Report a problem
        6/22/2023Pending sale$1,000,000$140/sqft
        Source: MetroList Services of CA #222142698 Report a problem
        6/13/2023Price change$1,000,000-20%$140/sqft
        Source: MetroList Services of CA #222142698 Report a problem
        2/24/2023Price change$1,250,000-3.8%$175/sqft
        Source: MetroList Services of CA #222142698 Report a problem
        12/29/2022Price change$1,300,000-18.8%$182/sqft
        Source: MetroList Services of CA #222142698 Report a problem
        11/22/2022Listed 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

        Payment breakdown

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        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

        Getting around

        54 / 100
        Somewhat Walkable
        30 / 100
        Some Transit
        58 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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