Is 95824 a good area to invest in?

Is 95824 a good area to invest in?

Member since 2022 · 1 post · 1 vote

I'm considering buying a triplex in 95824, on the west side of the 99 freeway. The street is narrow, and some houses have junk in their yards, but the next street down has a new build at the end of the street. Thoughts, advice?

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  • Real Estate Broker · Sacramento, CA · Member since 2021 · 517 posts · 408 votes
    1y

    Local Broker, PM, and investor here. I manage about 100 investment properties for owners, including STR and LTR. "Lemon Hill" / South Sacramento would not be my first choice -- in fact it would be very low on my list of positive investment areas in Sacramento.

    We're leaning heavily into West Sacramento and Citrus Heights. Also see a lot of upside in the Broadway corridor, and Oak Park. MAYBE North Sac if you want to get in cheap and bet on future development. 

    Good luck either way. Hope it works out :)

  • Scott ScovilleBusiness Member
    Real Estate Agent · Sacramento, CA · Member since 2019 · 497 posts · 272 votes
    1y
    Quote from @Celina Velazquez:

    I'm considering buying a triplex in 95824, on the west side of the 99 freeway. The street is narrow, and some houses have junk in their yards, but the next street down has a new build at the end of the street. Thoughts, advice?

    Hey @Celina Velazquez, I have multiple rentals and done a number of flips in the 95824. There is still a lot of opportunity. It's really street to street. But there are a lot of flippers fixing up homes there. Are you looking at this as a buy and hold? How's the condition of the property? What are the rents? Be happy to chat about this further.

    Scoville Realty & Investments LLC
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