$599,999

2844 Connie Dr, Sacramento, CA 95815

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1,938 sqft · $310/sqft · 0.19 acres

Residential Income · Duplex · Built 1943 · 11 days on Properkey

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 remaining 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.

Agent & source

Listed by
George C. Tung
Brokerage
FX Realty
DRE
#01251439
MLS # 226123912 Source MetroList Services

Property details

Rooms & Layout

Levels
2 stories
Laundry
Coin Operated

Property Features

Lot features
Shape Regular, Landscape Front

Building & Construction

Construction Materials
Stucco
Foundation
Slab

Exterior & Parking

Parking
Carport, Covered

Interior & Comfort

Heating
Fireplace(s), Wall Furnace
Cooling
Wall Unit(s), Window Unit(s)
Flooring
Wood

Utilities

Water Source
Water District
Sewer
Public Sewer
City, Sewer In & Connected, Electric

Nearby

Active Pending Closed Rental
Elementary
Sacramento Unified District
Middle
Sacramento Unified District
High
Sacramento Unified District

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  3. 3.Finalize your offer. Your agent will prepare your offer and negotiate on your behalf.

All data, photos, visualizations, and information regarding a property, including the property's compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable.

Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data last updated: October 18, 2026 2:57 AM PT
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