3812 Haywood Street, Sacramento, CA 95838, Sacramento, 95838 - 3 bed, 2 bath
ACTIVE$539,000
3812 Haywood Street, Sacramento, CA 95838
3Beds
2Baths
1,445Sqft
6,098Lot
Year Built
1985
Close
-
List price
$539K
Original List price
-
Price/Sqft
$373
HOA
$0
Days on market
-
Sold On
-
MLS number
225140159
Home ConditionFair
Features
Patio
View-
About this home
Possibly Over-Priced:The estimated price is 15% below the list price. We found 3 Cons,5 Pros. Rank: price - $539.0K(97th), sqft - 1445(77th), beds - 3(50th), baths - 2(50th).
2 Homes on 1 Lot with fenced privacy separating the two units. Unit 1 rents for $2,300 per month, Unit 2 is $1,400, $3,700 per month and annual gross income $44,400, providing a Gross Cap Rate at 8.2%. Unit 1 is a 3 bedroom 2 bath and has been updated. Unit 2 is roughly 600+/- SqFt, 1 bedroom, 1 Bath with full kitchen, parking, private entrance, and yard. Both units have washer and dryer hookups. Both tenants are long term, with Unit 1 good trhough 10/26, and Unit 2 is soon to expire 11/25, and will be placed on Month to Month.
Nearby schools
3/10
Del Paso Heights Elementary School
Public,•K-6•0.7mi
5/10
Michael J. Castori Elementary School
Public,•K-6•0.9mi
3/10
Taylor Street Elementary School
Public,•K-6•0.9mi
4/10
Hagginwood Elementary School
Public,•K-6•1.0mi
5/10
Bell Avenue Elementary School
Public,•K-6•1.2mi
6/10
Main Avenue Elementary School
Public,•K-6•1.3mi
3/10
Glenwood Elementary School
Public,•K-6•1.3mi
2/10
Fairbanks Elementary School
Public,•K-6•1.4mi
4/10
Harmon Johnson Elementary School
Public,•3-6•1.4mi
/10
Noralto Elementary School
Public,•K-2•1.5mi
2/10
Northwood Elementary School
Public,•K-6•1.6mi
5/10
Robla Elementary School
Public,•K-6•1.8mi
2/10
Dyer-Kelly Elementary School
Public,•K-5•1.8mi
4/10
Garden Valley Elementary School
Public,•K-6•2.0mi
4/10
D. W. Babcock Elementary School
Public,•K-6•2.0mi
6/10
Hazel Strauch Elementary School
Public,•K-5•2.3mi
3/10
Woodlake Elementary School
Public,•K-6•2.4mi
6/10
Dry Creek Elementary School
Public,•K-4•3.0mi
4/10
Whitney Avenue Elementary School
Public,•K-5•4.1mi
4/10
Pasadena Avenue Elementary School
Public,•K-5•4.2mi
8/10
Caleb Greenwood Elementary School
Public,•K-6•4.3mi
5/10
Regency Park Elementary School
Public,•K-5•4.5mi
7/10
Harry Dewey Fundamental Elementary School
Public,•K-6•7.6mi
1/10
Martin Luther King Jr. Technology Academy
Public,•7-8•1.1mi
4/10
Norwood Junior High School
Public,•6-8•1.3mi
3/10
Rio Tierra Junior High School
Public,•6-8•2.3mi
4/10
Rio Linda Preparatory Academy
Public,•5-8•3.0mi
3/10
Frederick Joyce Elementary School
Public,•K-8•4.1mi
7/10
Sutter Middle School
Public,•7-8•4.5mi
6/10
Winston Churchill Middle School
Public,•6-8•4.9mi
4/10
Grant Union High School
Public,•9-12•0.3mi
2/10
Encina Preparatory High School
Public,•6-12•3.5mi
6/10
Mira Loma High School
Public,•9-12•3.8mi
4/10
Highlands High School
Public,•9-12•5.7mi
6/10
Rosemont High School
Public,•9-12•8.4mi
Price History
Date
Event
Price
11/03/25
Price Change
$539,000
12/30/21
Sold
$390,000
06/11/13
Sold
$155,000
10/13/10
Sold
$27,000
06/24/05
Sold
$180,000
Condition Rating
Fair
Built in 1985, this property is 39 years old. While Unit 1 is described as 'updated,' the visible living room features older-style tile flooring and a dated light fixture. Unit 2 shows more recent updates in its kitchen and bathroom, including modern vanities, newer floor tiles, and a mini-split AC unit. However, the overall property presents a mix of older and more recent renovations, with some components clearly outdated (e.g., Unit 1's living room, outdoor laundry setup). It is maintained and functional but requires minor updates to achieve a more consistent and modern aesthetic throughout, particularly in Unit 1.
Pros & Cons
Pros
Income-Generating Property: The property features two separate homes on one lot, generating a substantial combined monthly rental income of $3,700, making it an attractive investment.
Strong Gross Cap Rate: With an 8.2% Gross Cap Rate, the property offers a compelling return on investment for potential buyers.
Stable Tenancy: Both units have long-term tenants, with Unit 1 secured until 10/26 and Unit 2 transitioning to month-to-month, ensuring immediate and reliable income flow.
Updated Main Unit: Unit 1, a 3-bedroom, 2-bath residence, has been updated, suggesting reduced immediate renovation needs for the larger unit.
Tenant Amenities & Privacy: Both units include washer and dryer hookups, and are separated by fencing, providing privacy and desirable amenities for tenants.
Cons
Aging Infrastructure Potential: Built in 1985, the property is nearly 40 years old, which may indicate aging systems (e.g., HVAC, plumbing, electrical, roof) that could require significant capital expenditures in the near future.
Unspecified Condition of Second Unit: While Unit 1 is updated, the condition of the 600 sqft second unit is not detailed, potentially implying a need for future renovations or deferred maintenance to maximize its value.
Mixed School Performance: The surrounding area includes several schools with lower ratings, which could be a consideration for families and potentially impact long-term property desirability and appreciation.