Home | Sacramento County | Sacramento | 95838 | 921 Rivera Dr
MLS: ME226021710 | Status: Active | Price: $779,800
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Acres Lot | Yr Built |
|---|---|---|---|---|
| – | – | 3,665 | 0.459 | – |
Rare Multi-Family Investment Opportunity sitting on nearly a 1/2 acre with approved plans to build another ADU! Annual rent revenue of over $76,000 per year. Four Income producing rentals across 3 buildings, plus Three detached support structures (Garage, Laundry, Storage). The package includes a standalone renovated 3-Bed/1 Bath unit, a stand alone 2 bed/1 bath and a duplex featuring a 1 bed/1 bath and a 2 bed/1 bath. Recently upgraded property including a new roof. Conveniently located minutes from shopping, grocery, hwy 80 and local schools, this property is well positioned for consistent tenant demand. Efficiently configured for low-complexity management with upside through rent optimization and laundry income. At asking, this asset offers a compelling return with a projected cap rate of over 9% - Ideal for investors and 1031 exchange buyers.
| Field | Value |
|---|---|
| MLS # | ME226021710 |
| MLS Source | MetroList Services, Inc. |
| Days on Site | 77 |
| Feature | Details |
|---|---|
| Appliances | Oven - Gas, Oven Range - Gas, Refrigerator |
| Flooring | Carpet, Laminate, Linoleum, Tile, Varies by Unit |
| Cooling | Ceiling Fan, Varies by Unit, Window/Wall Unit |
| Heating | Gas - Natural, Varies by Unit, Wall Furnace |
| Feature | Details |
|---|---|
| Roof | Composition |
| Foundation | Combination, Raised, Slab, Concrete Perimeter and Slab |
| Style | Traditional |
| Feature | Details |
|---|---|
| Garage/Parking | Detached, Garage, Off-Street Parking, Street, Garage: 0 Car(s) |
| Sewer | Public Sewer |
| Water | Public |
| HOA Fee | $0 |
| Zoning | R-1 |
Michael Erman
ERA Carlile Realty Group
License #: 02034713
Phone: (916) 524-5245
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 5 | 3 | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 1,400 | 3 | 1/0 | $2,325 |
| 2 | 800 | 2 | 1/0 | $1,295 |
| 3 | 800 | 2 | 1/0 | $1,550 |
| 4 | 665 | 1 | 1/0 | $1,296 |
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 3135 Academy Way | $699,000 | – | – | 2,782 | Active |
| 2372 Albatross Way | $749,000 | – | – | 2,496 | PendingDoNotShow |
| 1705 Kenwood St | $825,000 | – | – | 0 | |
| 16 Morrison Ave | $657,990 | – | – | 1,927 | Active |
| 3924 Ivy St | $719,000 | – | – | 1,090 | Active |
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This listing information is up-to-date as of April 09, 2026. For the most current information, please contact Michael Erman, (916) 524-5245.