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3615 22nd Street, Sacramento, CA 95818, Sacramento, 95818 - 6 bed, 5 bath

3615 22nd Street, Sacramento, CA 95818 home-pic-0
ACTIVE$1,200,000
3615 22nd Street, Sacramento, CA 95818
6Beds
5Baths
3,400Sqft
6,098Lot
Year Built
1948
Close
-
List price
$1.2M
Original List price
-
Price/Sqft
$353
HOA
$0
Days on market
-
Sold On
-
MLS number
225067974
Home ConditionFair
Features
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $1.20M(92th), sqft - 3400(92th), beds - 6(75th), baths - 5(92th).

This well-maintained duplex is located in a highly desirable area of Land Park, offering convenient access to shopping, amenities, and nearby freeways, ideal for commuters heading to regional employment centers. The microlocation is particularly appealing, next to Sacramento City College and walking distance to William Land Park. The neighborhood is primarily composed of single-family homes, creating a quiet and residential atmosphere for tenants. The property has been owned and carefully maintained by the same family for decades, with a strong focus on quality and long-term upkeep. For the next investor, there is a clear opportunity to increase rental income, as both units are currently rented below market rates. Tenants enjoy sought-after features, washer/dryer hookups, direct-access garages, and an oversized private backyard. This is a rare chance to acquire a stable, long-held asset in an established neighborhood, with both upside potential and long-term appeal.

Nearby schools

2/10
Bret Harte Elementary School
Public,•K-6•0.7mi
2/10
Hollywood Park Elementary School
Public,•K-6•0.9mi
9/10
Crocker/Riverside Elementary School
Public,•K-6•1.0mi
6/10
Sutterville Elementary School
Public,•K-6•1.1mi
6/10
William Land Elementary School
Public,•K-6•1.7mi
3/10
Leataata Floyd Elementary School
Public,•K-6•1.8mi
3/10
John Cabrillo Elementary School
Public,•K-6•2.0mi
4/10
California Middle School
Public,•7-8•0.7mi
6/10
Leonardo Da Vinci School
Public,•K-8•0.8mi
2/10
Sam Brannan Middle School
Public,•7-8•1.8mi
5/10
Stonegate Elementary School
Public,•K-8•2.0mi
7/10
Sutter Middle School
Public,•7-8•2.6mi
3/10
Westmore Oaks Elementary School
Public,•K-8•3.2mi
5/10
C. K. Mcclatchy High School
Public,•9-12•0.4mi
5/10
River City High School
Public,•9-12•2.7mi
6/10
John F. Kennedy High School
Public,•9-12•3.5mi

Price History

Date
Event
Price
06/09/25
Price Change
$1,200,000
02/14/02
Sold
$324,000
Condition Rating
Fair
Built in 1948, this duplex has been well-maintained but shows significant signs of age and outdated features. The kitchen features dated white appliances, linoleum flooring, and utilitarian open shelving. The bathroom also presents with older fixtures, basic tiling, and linoleum flooring, suggesting renovations that are likely 15-30 years old or older. The presence of window air conditioning units indicates a lack of modern central cooling. While functional and move-in ready, the property requires substantial updates to meet contemporary aesthetic and system standards, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Great Schools: Elementary School: Crocker/Riverside Elementary School (9/10).
Prime Location: Located in the highly desirable Land Park area, adjacent to Sacramento City College and walking distance to William Land Park, offering excellent tenant appeal and convenient access to amenities and freeways.
Rental Income Upside: Both units are currently rented below market rates, presenting a clear and significant opportunity for the next investor to increase rental income and improve cash flow.
Desirable Tenant Features: Tenants benefit from sought-after amenities such as washer/dryer hookups, direct-access garages, and an oversized private backyard, enhancing tenant retention and property desirability.
Well-Maintained Asset: The property has been owned and carefully maintained by the same family for decades, indicating a focus on quality and long-term upkeep, which suggests a stable investment.
Stable Neighborhood: Situated in a quiet, residential neighborhood primarily composed of single-family homes, contributing to a stable living environment and long-term property value.

Cons

Current Below Market Rents: While an opportunity, the current below-market rents mean immediate cash flow may not reflect full market potential, requiring active management to achieve higher returns.
Age of Property: Built in 1948, the property is over 75 years old. While well-maintained, older properties can incur higher maintenance costs and may require significant updates to systems or aesthetics to maximize rental income and appeal.
Potential for Modernization Costs: The description emphasizes long-term upkeep but does not detail recent modernizations. This suggests potential future capital expenditures may be needed to update interiors or systems to contemporary standards to achieve top market rents.

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