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Connie Drive

Sacramento, CA 95815

$599,999 $2,529/Mo

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Description

Rare Sacramento income-property opportunity with strong existing cash flow and significant value-add potential. The property currently features two operating Air B&B units generating approximately $4,500 per month combined, plus a nearly completed detached third unit offering additional future income potential. Unit A is a 2-bedroom, 1-bath residence currently operated as a short-term rental and features a brand-new roof. Unit B is a distinctive two-story studio currently used as a mid-term rental. Both units are already producing income, giving the next owner immediate cash flow from day one. At the rear of the property is an approximately 440-square-foot detached third unit undergoing legalization. Revised plans have been approved by the City of Sacramento and issued, with the remainin g work subject to completion and final field inspections. The approved plans identify the property with the existing primary residence, existing ADU, and new 440-square-foot ADU, for approximately 1,938 square feet of total livable area upon completion. Much of the third-unit project has already been completed, and the unit includes a new water heater. The approved revised electrical design includes a 200-amp ADU main service and a 100-amp subpanel for the new unit. This gives the next owner a defined path toward completing the project and adding another income-producing unit. The property also offers additional rear-yard space with possible future expansion or development potential, subject to City approval and buyer investigation. This is a strong opportunity for an investor seeking existing rental income with additional upside. Two units are already operating, while the nearly completed third unit offers the potential to increase income and property value once construction and final inspections are completed. Property is being sold AS-IS. Due to the unfinished third unit and current construction status, cash only. Buyer to independently verify permits, unit status, square footage, rental income, short-term and mid-term rental requirements, development potential, and all City requirements.

Property Details

Property Type : Residential Income

Price : $599,999

AD Id : 91746455

MLS Id : 226123912

Living Area Size : 1,938 Sq. Ft

Year Built : 1943

County : Sacramento

Map

Features

Water/Sewer

Sewer: Private Sewer
Flooring Information

Wood
Interior Features

Laundry Features: Coin Operated
Heating & Cooling

Heating: Fireplace(s), Wall Furnace Cooling: Wall Unit(s), Window Unit(s) WaterSource: Water District

Building Information

Year Built: 1943 Stories: 2 Construction Materials: Stucco Foundation Details: Slab
Exterior Features

Foundation Details: Slab
Laundry Features

Coin Operated

Lot Information

Lot Description: Shape Regular, Landscape Front Lot Square Feet: 8,276 Stories: 2 Main Square Feet: 1,938

Property Information

Property Type: Residential Income Sub Type: Duplex SQ ft (Living Area): 1,938 Construction Materials: Stucco Property Age: 83 Cross Street: Marconi Source Neighborhood: 10815 Postal Code Plus 4: 2816 Area: Sacramento S: 95815 Zoning: R-2A Living Area Source: Assessor Auto-Fill Structure Type: Penthouse,Sec Building,House(s)

Farm Info

Irrigation Source: None

Listing Price Information

Listing Id: 226123912 List Price: $599,999 List Price Tot SqFt: $310

Tax Information

Parcel Number: 266-0252-002-0000

Parking Information

Parking Total: 3 Carport, Covered

Elementary School District: Sacramento Unified

Junior High School District: Sacramento Unified

Senior High School District: Sacramento Unified
Utility Information

City, Sewer In & Connected, Electric
Location Information

Direction: Highway 99 North. Exit El Camino, left turn. Right on Van Ness. Right Auburn. Right Juliesse. Right on Connie. House on left.

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