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$735,000

  • Sold
  • Closed
  • Multi-Family
  • 2 Car Garage
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APPROVED PLANS TO BUILD ADU AVAILABLE! 3 Rent Increases in place! This fully occupied 4-unit multifamily property presents an exceptional investment opportunity with a projected annual rental income exceeding $76,000. Designed for investors seeking stable cash flow and long-term capital appreciation, this asset offers a diverse unit mix catering to a broad tenant demographic. The property features a renovated 3-bed, 1-bath main house complete with a 2-car garage, a 1-bed, 1-bath cottage, and a duplex building consisting of one 2-bed, 1-bath unit and one 1-bed, 1-bath unit. Property enhancements have recently been completed, including fresh exterior paint on Buildings 3305 Cypress Units 1,5,and 6, along with a newly installed roof on Units 5 and 6. Situated on nearly half an acre, the property provides additional revenue-generating opportunities through a large storage shed and dedicated laundry area, both of which offer potential for supplemental rental income or further development. Positioned in a high-demand rental market, this asset combines immediate income generation with the potential for significant value appreciation. Its prime location in Sacramento ensures strong tenant demand and future growth potential.

Full Property Details for 921 Rivera Dr

General

  • Sold For: $735,000
  • Status: Closed
  • Type: Multi-Family
  • Source: METROLIST_Cali
  • MLS ID: 225007587
  • Added to Site: 323 day(s) ago

Interior

  • Flooring: Carpet, Laminate, Varies by Unit, See Remarks, Other

Rooms

Other Rooms

  • Laundry: In Common Area, Varies by Unit, Other

Parking

  • Garage Spaces: 2
  • Total Spaces: 5
  • Parking: See Remarks, Other

Location

  • Area: 10838
  • County: Sacramento
  • Cross Streets: Rio Linda Blvd
  • Driving Directions: Head east on Jessie Ave toward Burgess Dr, Turn right onto Rio Linda Blvd, Turn left onto Rivera Dr

School Information

  • School District: Sacramento
  • Elem School District: Sacramento Unified
  • Midd School District: Sacramento Unified
  • High School District: Sacramento Unified

Heating & Cooling

  • Cooling Type: Ceiling Fan(s), Central, Wall Unit(s), Window Unit(s), Varies by Unit
  • Heating Type: Varies by Unit, Multi-Zone, See Remarks, Other

Utilities

  • Sewer: Public Sewer, See Remarks, Other
  • Water: See Remarks, Public, Other
  • Utility Description: City, Other

Structural Information

  • Construction: Stucco, See Remarks, Other
  • Foundation: Concrete, Slab
  • Stories/Levels: 1
  • Square Feet: 3,665
  • Sq. Ft. Source: Assessor Auto-Fill
  • Year Built: 1948

Unit Information

Unit 1

  • Bedrooms: 3

Unit 2

  • Bedrooms: 1

Unit 3

  • Bedrooms: 1

Unit 4

  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.4597
  • Lot Size (Sq. Ft.): 20,025
  • Irrigation System: Public District, See Remarks, Other
  • Zoning: R-1
  • Lot Description: Other

Disclosures and Reports

  • Special Conditions: None, Other
  • APN: 251-0282-018-0000

Listed by Kinetic Real Estate
Sold by Real Estate Source Inc

Listing agent

— 921 Rivera Dr —

  • Kinetic Real Estate

Get Pre-Approved Today

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with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 921 Rivera Dr

School District:Twin Rivers Unified School District
NameGradesDistance
Hagginwood Elementary School
1418 Palo Verde Avenue, Sacramento, CA 95815
K-60.7 mi
Martin Luther King Jr. Technology Academy
3051 Fairfield Street, Sacramento, CA 95815
7-80.5 mi
Grant Union High School
1400 Grand Avenue, Sacramento, CA 95838
9-120.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 921 Rivera Dr

Date
Details
Price
Change
Source
9/22/2025
Sold
$735,000
-1.87%
MLS
7/12/2025
Price Reduced
$749,000
-1.32%
MLS
5/23/2025
Price Reduced
$759,000
-2.06%
MLS
4/17/2025
Price Reduced
$775,000
-3%
MLS
3/12/2025
Price Reduced
$799,000
-3.15%
MLS
2/27/2025
Listed
$825,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Kinetic Real Estate
Sold by Real Estate Source Inc

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921 Rivera Drive, Sacramento, CA 95838 (MLS# 225007587) is a Multi-Family property that was sold at $735,000 on September 22, 2025. Want to learn more about 921 Rivera Drive? Do you have questions about finding other Multi-Family real estate for sale in Sacramento? You can browse all Sacramento real estate or contact a Coldwell Banker agent to request more information.