NOT LISTED FOR SALE

1001 5th St Lincoln, CA 95648

5 Beds
4 Baths
4,761 Sq Ft
0.3 Acres

Last Sold January 03, 2025

Last sale price $1,350,000 $284 Per Sq Ft

23 Days on Market

Highlights

  • 0.3 Acre Lot
  • No HOA
  • Vinyl Flooring
  • Corner Lot
  • Laundry Facilities
  • 1-Story Property

About This Home

As of January 2025

1001 Fifth St is an 8 unit apartment building consisting of (6) 1 Bedroom 1 bathroom units, (1) 2 bedroom 1 Bathroom unit, and (1) Studio. The property is situated on a 13,068 sf lot with single level units. There is an onsite laundry room for the convenience of tenants. The building provides a rare opportunity to own in the highly desirable suburb of Lincoln.

Last Agent to Sell the Property

Tim Swanston

North Coast Commercial, Inc. License #01887506 Listed on: 10/30/2024

North Coast Commercial, Inc.

Last Buyer's Agent

Kulbindar J Singh

Real Estate Source Inc License #01726649

Real Estate Source Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 0.3 Acre Lot
  • Corner Lot

Parking

  • On-Street Parking

Home Design

  • Garden Apartment
  • Concrete Foundation
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 4,761 Sq Ft Home
  • 1-Story Property

Flooring

  • Laminate
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for rent only, sewer, water
  • Assessor Parcel Number 008-103-001-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 8 Units

Amenities

  • Laundry Facilities

Building Details

  • 8 Leased Units
  • 1 Vacant Unit
  • Net Lease
  • Insurance Expense $8,000
  • Maintenance Expense $3,500
  • Professional Management Expense $6,896
  • Net Operating Income $87,246

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments, Garden Apartments
  • Property Subtype 1: 5 or More Units
  • Year Built: 1947
  • Stories: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate, Vinyl, Varies by Unit
  • Price Per Square Foot: 283.55
  • Square Footage: 4761.00

Exterior Features

  • Construction Materials: Concrete, Stucco, Wood
  • Disclosures/Documents: None
  • Foundation: Concrete
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 1450000.00
  • Lot Features: Corner
  • New Construction: No
  • Pool: No
  • Roof: Shingle, Composition
  • Spa: No

Garage/Parking

  • Parking Features: Street

Utilities

  • Security: Carbon Mon Detector, Smoke Detector, Varies By Unit
  • Sewer: Public Sewer
  • Utilities: City
  • Cooling: Wall Unit(s)
  • Heating: Wall Furnace
  • Laundry Features: In Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Western Placer

Lot Info

  • Zoning: Apartmnent house
  • Irrigation: None
  • Lot Size Acres: 0.3000
  • Lot Size Sq Ft: 13068.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Rent Only, Sewer, Water, Other
  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["Rent Only"]
  • Insurance Expense: 8000
  • Maintenance Expense: 3500
  • Number of Leased Units: 8
  • Number of Units: 8
  • Number of Vacant Units: 1

Tax Info

  • Assessor Parcel Number: 008-103-001-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Placer

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2025 01/03/25 Sold $1,350,000 -6.9% $284 / Sq Ft
11/22/2024 11/22/24 Pending -- -- --
10/30/2024 10/30/24 For Sale $1,450,000 -- $305 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Tim Swanston

    Seller's Agent in 2025

    Tim Swanston

    North Coast Commercial, Inc.

    (916) 414-8647

    1 in this area

    65 Total Sales

    Tim Swanston
    Section Image

  • K

    Buyer's Agent in 2025

    Kulbindar J Singh

    Real Estate Source Inc

    (916) 595-3188

    3 in this area

    43 Total Sales

    Kulbindar J Singh
    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 224121122

MetroList
California Placer County Lincoln 95648

1001 5th St, Lincoln, CA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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