3201 Rio Linda Boulevard
Sacramento, CA, 95815
$
1,000,000
Baths0.0
Sq
7,124
Monthly Estimate*
$
6,157
Studio for $1,000,000. This 7,124 square foot home was built in 1962 on a lot size of 0.7959.
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.
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Features
General
Sewer
Public Sewer
Heating
Varies by Unit
Cooling
Varies by Unit
Utilities
Other
Roof
Composition
Unit 4 Rent
750
Unit 2 Rent
1300
Unit 3 Rent
650
Unit 1 Rent
0
HOA Fee
0
Garage Spaces
0.0
Architectural Style
Ranch
Construction Materials
Frame
Year Built
1962
Stories Count
1
Levels
One
Property Subtype
5 or More Units
Elevation
0
Accessibility
None
County
Sacramento
Property Type
Residential Income
HOA
N
Total Rooms
0
Close Price
0.0
Status
Active
Directions
Arcade blvd to Rio Linda Blvd
City
Sacramento
High School District
Twin Rivers Unified
Zoning Description
Mixed
Open Parking Spaces
0.0
Number Of Units Total
7
MLS Area
10815
Lot Size Square Feet
34669.0
Carport Spaces
0.0
Standard Status
Active
Middle/Junior School District
Twin Rivers Unified
Elementary School District
Twin Rivers Unified
Year Built Source
Assessor Auto-Fill
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Interior
Basement
None
Flooring
Varies by Unit
Total Stories
1
Furnished Units
None
Unit 1 Full Baths
1
Unit 2 Full Baths
1
Unit 3 Full Baths
1
Unit1Bedrooms
2
Unit3Bedrooms
1
Laundry Features
Varies by Unit
Unit 1 Bedroom Units Total
2
Unit 2 Bedroom Units Total
2
Unit 3 Bedroom Units Total
1
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Exterior
Parking Features
Off Street
Lot Features
Shape Irregular
Water Source
Public
Total Parking
8.0
Foundation Details
Raised
Number of Buildings
7
Lot Size Acres
0.7959
Lot Size Source
Assessor Auto-Fill
Covered Spaces
0.0
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* Excluded Features
List By
Exp Realty Of California Inc
Broker
mc@thecrespillogroup.com
Email
Affordability Calculator
- Monthly Principal & Interest
- $6,157
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
Multi-family listings in Sacramento, CA
Average List Price
$1,063,330
Percent of Sale Price
6%
About Sacramento, CA
501,568
Population
23%
Since 2002
$
54,303
Median Income
35.68
Median Age
29%
Households with Children
Trends Information provided by ATTOM Data Solutions.
3193726
Elementary School
3193718
Middle School
Unknown High School
High School
Pricing History
| Date |
Price |
Price Change |
Description |
|
5/5/2026
|
$1,000,000
|
|
Listed Price
|