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$7,750,000
225145758 MLS
A rare 16.7-acre development assemblage along Grass Valley Highway in Auburn, offering a balanced mixed-use opportunity. The 12.4-acre parcel at 1406 Grass Valley Hwy is zoned RM30-Dc, supporting high-density residential development at up to 30 units per acre. Recently rezoned from commercial to residential under Placer County's RHNA housing initiative, it reflects strong jurisdictional support and has already been included in the County's RHNA Environmental Impart Report (EIR). According to the County, projects dedicating 20% or more affordable units may qualify for administrative approval with staff-level review, dramatically lowering entitlement risk and timelines. Adjacent to this site, the 4.3-acre parcel at 1448 Grass Valley Hwy is zoned CPD-DC and offers stable income from two tenants while providing long-term development flexibility and prominent Hwy 49 frontage. This parcel is expected to provide primary access to the residential acreage, improving connectivity and design efficiency. Together, the properties create a cohesive project vision aligning with state housing mandates and Auburn's growing demand for residential and commercial uses. Both properties to be sold together. Cross listed under MLS #225146704.

1448 Grass Valley Highway, Auburn

Listing courtesy of Western Slope Real Estate, Inc..

$2,398,000
2,640 SqFt. 226104122 MLS
Rising above the rooftops of Old Town Auburn, The Park Victorian is a beautifully preserved piece of Auburn's Victorian heritage, offering a rare blend of architectural history, acreage, and access to the heart of town. Built in 1896 and thoughtfully restored, the residence overlooks the iconic Auburn Courthouse, train trestle and surrounding Sierra foothills, while feeling distinctly removed from the activity just below. Inside, the estate's heritage remains beautifully evident, with original character and period craftsmanship taking center stage. Refinished fir floors, marble fireplaces, period millwork, original wallpaper, and exposed brick honor its past, while updated finishes and modern conveniences make it equally suited for today. Six individually appointed bedrooms each feature an ensuite bath, providing exceptional options for private living, extended family, or continued hospitality use. Graciously proportioned gathering spaces and a beautifully updated kitchen complement the home's 19th-century character. Currently operated as a boutique whole-house rental and intimate event space, the property also lends itself beautifully to use as a private residence. A separate 900 +/-SQFT, two-bedroom guest house adds another layer of versatility for family, guests, caretakers, or additional accommodations. Outside, mature oaks, lawns and garden areas create inviting places to entertain, gather or simply enjoy the surroundings. The adjoining parcels are included, bringing the total offering to 6+/- acres just moments from dining, shops and the historic district. Few properties place this much land, architectural character and possibility so close to the center of Auburn. Secured Access and No Trespassing.

195 Park Street, Auburn

Listing courtesy of Nick Sadek Sotheby's International Realty.

$1,679,000
4,301 SqFt. 226051114 MLS
Unique Historic triplex; The largest individual living quarters you'll see in a historic multi-family property. Buildable, subdivided back parcel included. Outstanding Midtown location in prime Boulevard Park quarter, on alley-deep lot. Over 4300 square-feet of updated living space with high ceilings, wood floors, historic finishes and great natural light. Onsite parking for up to 4 cars. Entire upstairs is one large flat, approx 2200 square-ft. Triplex to be sold, together, with 2220 Government Aly (parcel 003-0184-025-0000). Front and back parcels together are 160' deep, curb to alley. Added value is projected for an owner who wants to build on the subdivided back parcel, either upscale town-homes or Carriage House with 3-4 car garage at ground level and large living quarters on 2nd and 3rd floors. The subdivided back parcel can be sold separately, either developed or undeveloped. Consult your Architect or City Planning for options. New Roof and new Electric panel in 2024. Updated electrical & plumbing. New, recently installed water heaters. Full-footprint basement is walkable, has approximately 6'6 ceilings with potential for added income or storage.

2219 H Street, Sacramento

Listing courtesy of RE/MAX Gold Midtown.

$1,599,000
4,630 SqFt. 226074712 MLS
NEW PRICE - $1,599,000 Historic Midtown Craftsman Fourplex + Flex Space $121,740 Annualized Scheduled Income A rare opportunity to acquire a stabilized multifamily property in the heart of Midtown Sacramento offering a compelling combination of income, historic character and flexibility. This 4,630 SF Craftsman fourplex generates $121,740 in annualized scheduled income, including garage income, with tenants paying their own gas and electric. At the new price, the property offers an approx. 4.9% cap rate based on normalized operating expenses. Originally built in 1900, 815 17th Street showcases the craftsmanship that makes Midtown properties so difficult to replicate, including coffered ceilings, original built-ins, Murphy beds, pocket doors, picture rails, wainscoting, hardwood floors and extensive period millwork. The property consists of four income-producing residential units plus two income-producing garages, providing valuable off-street parking in the heart of Midtown. A substantial lower-level flex space includes a kitchen, bathroom, bedroom area and living area. While not represented as a legal rental unit, the space provides exceptional flexibility for owner use, guests, home office, studio, fitness area, storage or other personal uses. The property has benefited from numerous improvements and ongoing maintenance, highlighted by the installation of a 50-year roof in 2022. Located just blocks from the State Capitol, Sutter Medical Center, Golden 1 Center and the R Street Corridor, with Midtown's restaurants, coffee shops, parks, nightlife and arts scene nearby. Now offered at $1,599,000, 815 17th Street presents a unique opportunity for investors, 1031 exchange buyers and owner-users seeking stabilized income, substantial square footage and irreplaceable historic character in one of Sacramento's most desirable urban neighborhoods.

815 17th Street, Sacramento

Listing courtesy of eXp Realty of California, Inc..

$1,440,000
3,180 SqFt. 226112509 MLS
A rare and exceptional triplex investment opportunity in the highly desirable Stonegate community, offering some of the finest amenities in Davis. Situated on an expansive lot of over 17,200 square feet, this unique property combines strong investment potential with an outstanding lifestyle location. All units have been beautifully remodeled with modern finishes and thoughtful updates throughout. Each unit features indoor laundry, its own front and backyard, and two detached garage spaces an uncommon and highly desirable combination that provides added privacy, convenience, and appeal for tenants or future owners. Residents enjoy access to Stonegate's exceptional community amenities, including swimming pools, a fitness center, a beautiful 17-acre lake, lighted tennis and pickleball courts, clubhouse, library, pool/billiards room, and BBQ areas. The community also offers a variety of classes, activities, and special events throughout the year, creating a vibrant and welcoming neighborhood atmosphere. Conveniently located near parks, greenbelts, shopping, dining, schools, and UC Davis, this is a truly special opportunity to own a beautifully updated investment property on a large lot in one of Davis' most sought-after communities.

2927 Salem, Davis

Listing courtesy of RE/MAX Gold Davis.

$1,350,000
3,694 SqFt. 226076957 MLS
Located in the heart of Sacramento's highly desirable Midtown urban core, this mixed-use investment property presents a rare opportunity to acquire a high-quality, low-maintenance asset in one of the region's strongest rental markets. Built in 2014, the property offers investors the advantages of newer construction, reduced near-term capital expenditure risk, and strong tenant appeal compared to the surrounding aging housing stock. The three-story building consists of a ground-floor commercial space and two spacious residential units above, each approximately 1,150 square feet with 2 bedrooms, 1 bathroom, and large private balconies. The residential units feature open-concept floor plans, central HVAC, granite countertops, stainless steel appliances, and premium finishes designed to attract and retain quality tenants. This property's construction date positions it favorably relative to California's rent control regulations, providing investors with greater operational flexibility than many older multifamily assets. Its modern infrastructure, including zonal fire sprinklers, surplus insulation, dual-pane windows, and fire-resistant siding, contribute to energy efficiency, lower maintenance demands and long-term ownership confidence. With its modern construction, favorable regulatory positioning, mixed-use income potential, limited near-term capital expenditure risk, possible return to office for state employees and prime Midtown location, this is an exceptional acquisition for your investment portfolio.

1306 19th Street, Sacramento

Listing courtesy of Coldwell Banker Realty.

$1,350,000
3,900 SqFt. 226054886 MLS
Prime investment in the San Juan School District: two fully renovated 4-unit buildings at 5364 & 5372 Garfield Ave in Sacramento (both properties to be purchased together, separate listings, total price is 3M, cap rate is 4.7%). Set in a quiet area near Carmichael, this property offers quality living spaces designed with low maintenance in mind - ideal for attracting high-quality tenants. Each unit was remodeled in 2022, featuring durable Anlin windows, vinyl plank floors, marble kitchen backsplashes, and top appliances. Newer roof. The property includes one spacious 3-bedroom (1,250 sf), 2-bath unit with in-unit laundry and seven 2-bedroom, 1-bath units, each with a large balcony or fenced patio. Bathrooms were redone with Moen fixtures, Kohler cast iron tubs, quartz counters, and durable tile for a clean, modern look. The landscaped grounds include river rocks, olive and lemon trees, and synthetic grass for easy upkeep. The property generates a steady overall monthly income of $16,945, with a 4.7% cap rate and high tenant satisfaction. All tenants recently renewed their leases. Conveniently located near parks, schools, shopping, and dining, this 8-unit complex combines modern amenities with a peaceful setting, offering a standout investment in a strong rental market.

5364 Garfield Avenue, Sacramento

Listing courtesy of eXp Realty of California Inc..

$1,295,000
3,456 SqFt. 226064776 MLS
An exceptional, high-yield addition to your investment portfolio! Situated in the highly desirable Boulevard Park/Mansion Flats area of Midtown Sacramento, this turnkey fourplex offers a rare blend of historic charm, modern updates, and strong, immediate cash flow. Generating an impressive $7,680 per month in gross rental income, this stabilized asset is perfect for savvy investors or an owner-occupant looking to house-hack in one of the city's most rental-resilient neighborhoods. The property has been thoughtfully maintained and updated to command premium rents. Each of the four spacious units features a highly rentable layout with modern finishes, independent washers and dryers, and fully equipped kitchens with gas ranges and dishwashers. To top it off, tenants enjoy the ultimate Midtown luxury: private outdoor decks and designated off-street, uncovered parking located securely at the back of the building. Walkable and bikeable to the grid's finest dining, local coffee shops, and entertainment hubs. This property has been meticulously maintained, dramatically lowering future capital expenditure liabilities for its next owner. Over $39,000 has been reinvested across structural, cosmetic, mechanical, and safety upgrades. Midtown fourplexes of this caliber rarely hit the market fully stabilized with this level of strong cash flow. Don't miss the chance to acquire a premium piece of the Sacramento grid.

2018 G Street, Sacramento

Listing courtesy of Metro Financial Services Inc.

$1,275,000
2,859 SqFt. 226027672 MLS
Triplex in Curtis Park! This spacious 9-bedroom, 7-bathroom property at 2657 2nd Ave in Sacramento offers a rare opportunity in one of the city's historic neighborhoods. The main unit features 5 bedrooms and 3 bathrooms, including a convenient downstairs bedroom and bath, ideal for guests, extended family, or a home office. Two additional units each offer 2 bedrooms and 2 bathrooms, approximately 740 sq ft, with comfortable and functional layouts. This beautifully updated property showcases new cabinetry, quartz countertops, stylish lighting, durable vinyl flooring, and updated appliances throughout. Exterior features include a private backyard, off-street parking, and R4 zoning, providing flexibility and long-term potential. With one unit already rented, income has begun while still allowing opportunity for additional rental income or owner occupancy. Located just minutes from local shops, dining, and the iconic Gunther's Ice Cream, this property offers style, versatility, and strong income potential.

2657 2nd Avenue, Sacramento

Listing courtesy of Realty ONE Group Complete.

$1,250,000
3,684 SqFt. 226054893 MLS
Prime investment in the San Juan School District: two fully renovated 4-unit buildings at 5364 & 5372 Garfield Ave in Sacramento (both properties to be purchased together, separate listings, total price is 3M, cap rate is 4.7%). Set in a quiet area near Carmichael, this property offers quality living spaces designed with low maintenance in mind - ideal for attracting high-quality tenants. Each unit was remodeled in 2022, featuring durable Anlin windows, vinyl plank floors, marble kitchen backsplashes, and top appliances. Newer roof. The property includes one spacious 3-bedroom (1,250 sf), 2-bath unit with in-unit laundry and seven 2-bedroom, 1-bath units, each with a large balcony or fenced patio. Bathrooms were redone with Moen fixtures, Kohler cast iron tubs, quartz counters, and durable tile for a clean, modern look. The landscaped grounds include river rocks, olive and lemon trees, and synthetic grass for easy upkeep. The property generates a steady overall monthly income of $16,945, with a 4.7% cap rate and high tenant satisfaction. All tenants recently renewed their leases. Conveniently located near parks, schools, shopping, and dining, this 8-unit complex combines modern amenities with a peaceful setting, offering a standout investment in a strong rental market.

5372 Garfield Avenue, Sacramento

Listing courtesy of eXp Realty of California Inc..

$1,250,000
1,650 SqFt. 226038165 MLS
Welcome to Mansion Flats, a rare opportunity to own a classic 1890 Victorian duplex in the heart of Downtown Sacramento. This 1,700 sq ft front duplex blends historic charm with modern updates, including updated plumbing and electrical, fresh interior and exterior paint, and newly built, permitted wood stairs brought up to code. The downstairs unit has been fully renovated with new flooring, paint, and appliances, while the upstairs unit is occupied by great tenants, providing immediate income. In addition, a newly completed 930 sq ft ADU (March 2026) adds two more units, each offering 1 bedroom and 1 bathroom, significantly increasing the property's income potential. Located just minutes from the Capitol, DOCO, top restaurants, parks, and entertainment, this property offers strong cash flow potential and an unbeatable urban lifestyle. Ideal for investors or owner-occupants looking to offset their mortgage with multiple income streams. Unit 1,226 $2195 per month and the upstairs $1417 will increase to $1525 on June 1st. Downstairs ADU $1850 per month and upstairs is vacant.

1226 E Street, Sacramento

Listing courtesy of eXp Realty of California Inc..

$1,200,000
2,025 SqFt. 226100125 MLS
Permitted three houses on the lot: Main house with 3 bed/2 bath, ADU with 1 bed/1 bath, and a pool house, which is a studio with a bath (refer to attached building plans). There is also a pool structure with a separate bathroom. Exceptional opportunity to create a luxury short-term rental, wedding venue, event center, or private multigenerational estate. There is a potential 18.5% pro forma cap rate (refer to the attached OM) This fully remodeled 10-acre property features three separate residences, including a main home and two detached guest suites, with accommodations for up to 16 guests. The centerpiece of the property is an extraordinary 150,000-gallon swimming pool, one of the largest residential pools in the county. Adjacent to the pool is a dedicated bathroom, making it ideal for entertaining, private events, and weddings. The expansive grounds offer endless possibilities for outdoor ceremonies, receptions, and gatherings. A large barn provides additional flexibility and can be converted into guest accommodations, an entertainment space, a bar, a workshop, or continue to serve as storage. A substantial solar system helps reduce operating costs while complementing the property's sustainable design. Whether you're looking to build a thriving hospitality business or enjoy a private estate with income-producing potential, this unique property offers exceptional versatility. The expansive 10 acres create a peaceful retreat while still providing convenient access to hiking, biking, fishing, nearby parks, and Red Hawk Casino.

1781 Springvale Road, Placerville

Listing courtesy of eXp Realty of California Inc..

$1,200,000
4,150 SqFt. 226091195 MLS
Rare opportunity to own a completely updated 2-unit property offering true flexibility and privacy, perfect for those seeking separate living quarters under one roof. Both units have been fully renovated with no expense spared: Unit A features a beautifully remodeled kitchen, renovated bathrooms, and updated flooring. Unit B has just undergone a full renovation including brand-new flooring, a completely remodeled kitchen, and updated bathrooms. The entire exterior has been freshly painted in a modern, updated color palette for outstanding curb appeal. Beyond the cosmetic updates, this property offers real long-term value with a 3-year-old roof and newer HVAC systems serving both units giving buyers added peace of mind on major maintenance items for years to come. Each unit offers its own private entrance, full kitchen, and separate living space. Ideal for those seeking independent living arrangements, or for investors seeking strong rental income from two fully updated units. This 4,150 sq ft duplex sits on a 0.25 acre lot in a convenient Sacramento County location, close to shopping, schools, and freeway access.

4819 Orange Grove Avenue, Sacramento

Listing courtesy of USKO Realty.

$1,195,000
3,063 SqFt. 226105543 MLS
2801 D Street is a fully renovated fourplex located in Sacramento's desirable Midtown area. The property consists of four spacious 1-bedroom, 1-bathroom units, each thoughtfully remodeled with updated kitchens, bathrooms, flooring, and finishes throughout. Each unit also features its own washer and dryer, providing a highly desirable amenity for tenants. The property is 100% occupied and benefits from strong in-place rents totaling approximately $7,670 per month, offering an investor immediate cash flow with minimal near-term capital improvements needed. Additional upside exists through the detached garage, with plans to convert the space into a 1-bedroom, 1-bathroom ADU, providing the opportunity to add a fifth income-producing unit and further increase the property's revenue potential. Located in a quiet residential pocket of Midtown near East Sacramento, McKinley Park, restaurants, shopping, and employment centers, 2801 D Street offers investors a rare combination of turnkey condition, strong existing income, and additional value-add potential.

2801 D Street, Sacramento

Listing courtesy of North Coast Commercial, Inc..

$1,165,000
3,667 SqFt. 226105993 MLS
A Beautifully Designed Modern Fourplex Built in 1987 in a Great area of Carmichael with Recently Remodeled units! This Approximately 3667 SF 4 Unit Townhome-Building consists of Two 2 Bedrooms 1 Bathroom and Two 3 Bedrooms and 1-1/2 Bathrooms, All with a 2 Car Garage that is Rare for a Fourplex, Central HVAC and Washer/Dryer hookup! Remodeling includes: New Roof & Gutters, December 2025 that is less than a Year! Unit #4: 2026; All New MailGuard Windows with Lifetime Warranty. All New Kitchen Cabinets, Quartz Counter tops, Plumbing Fixtures, Stainless Steel Appliances and more, New Tile, Laminate and Carpet Floors, Freshly Paint and More! Unit #2: 2026; All New MailGuard Windows with Lifetime Warranty. All New Kitchen Cabinets, Quartz Counter tops, Plumbing Fixtures, Stainless Steel Appliances and more, New Tile, Laminate and Carpet Floors, Freshly Paint and More! The interior pictures are belong to #2 unit. Conveniently Located in a Walking Distance to Major Grocery Stores, Banks, Restaurants, 38-acre Carmichael Park, Public Transportation and More! A Great Investment!

5720 Engle Road, Carmichael

Listing courtesy of Realty ONE Group Complete.

$1,150,000
3,876 SqFt. 226108183 MLS
Four-Unit Apartment Complex Investor Opportunity Well-maintained four-unit apartment complex featuring four spacious 2-bedroom, 2-bath units, each thoughtfully designed with a kitchen, separate dining area, and excellent private outdoor space. Upper units offer private patios, while lower units feature sliding glass doors leading to covered private front patios plus private fenced backyards an attractive feature for tenants. Each unit includes a master bathroom with separate vanity area, split-system heating and air conditioning installed in 2022, and a private covered storage unit measuring approximately 4' x 12'. Three of the four units have newly installed ceiling fans. One upper unit features newer showers and toilets, approximately one year old. Two units were remodeled approximately five years ago with durable commercial-strength vinyl flooring, new kitchen cabinets and countertops, and new dishwashers, ovens, and range hoods. Unit #6 also features a brand-new dishwasher. Additional property amenities include a community laundry room with space for one washer and one dryer; the washer and dryer are not currently provided and would need to be supplied by the property owner. The property also features a newer roof, approximately seven years old, with a favorable recent roof inspection. Eight total parking spaces are available, including covered assigned parking. The low-maintenance grounds feature an outdoor common area, established landscaping with drip irrigation, and no grass to mow. A side yard offers potential for a community or residential garden area. Conveniently located near schools and public transportation, this well-maintained property offers desirable unit layouts, private outdoor spaces, storage, parking, and numerous recent improvements make this an appealing investment opportunity.

4184 Oro Lane, El Dorado

Listing courtesy of Vista Sotheby's International Realty.

$1,150,000
3,037 SqFt. 226051729 MLS
Remodeled, stylish, fully leased Victorian triplex tucked into a special corner of midtown Sacramento's tree-lined urban setting. The entire top floor is an expansive, remodeled, 1,500 square foot, 3 bed, 1.5 bath flat with wood floors and historic finishes, bathed in natural light filtered through surrounding trees. Includes sun room and back balcony. Ground level consists of two remodeled units, each 2 bedrooms, 1 bath and surrounded by plenty of outdoor space. Midtown's social, restaurant, entertainment, art and business world is all in easy walking or biking distance. Three parks nearby. Shopping and public transit at hand. Interstate Freeways less than 10 min away. Sac Metro Airport about 15 min. Property and area always in high demand. New Elec panel to be installed on 4/27/26.

215 25th Street, Sacramento

Listing courtesy of RE/MAX Gold Midtown.

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