$850,000

A compelling opportunity in the heart of Citrus Heights, this well-maintained four-unit property offers the kind of approachable, stable investment that works equally well as a first step into real estate investing or a thoughtful addition to an established portfolio. Three units are currently occupied, while the fourth is available for an owner-occupant ready to begin building a portfolio or for a new owner to place a tenant and shape the tenancy from day one. The property has benefited from consistent care and improvements throughout the current ownership. All units have been updated over the years with LVP flooring and varying levels of bathroom improvements, while major components including plumbing and the roof have also been replaced or updated. Professional management, four parking spaces, separate meters, and a shared laundry room support straightforward day-to-day operations and help position the property as a lower-maintenance asset. A landscaped and finished backyard brings an uncommon lifestyle element to the property, with turf and concrete areas creating usable outdoor space for BBQs, relaxing, or recreation while keeping upkeep manageable. There is also room to grow operating income through utility reimbursements and coin-operated laundry, giving new ownership opportunities to improve performance beyond the existing rental income. The location adds another layer to the long-term investment play. Sunrise Mall, approximately one mile from the property, is expected to undergo a significant mixed-use redevelopment that includes the planned Sunrise Sports Center, with a 4,000-seat multi-use arena, two NHL-sized ice rinks, and recreational turf fields. With meaningful property improvements already completed, existing tenancy, and avenues for future income growth, this is an inviting opportunity to own a well-positioned Citrus Heights multifamily asset. Come make this one yours!