NOT LISTED FOR SALE
8 Beds
9 Baths
4,000 Sq Ft
4,792 Sq Ft

Last Sold March 08, 2018

Last sale price $950,000 $238 Per Sq Ft

8 Days on Market

Highlights

  • Property is near public transit
  • Enclosed Patio or Porch
  • 2-minute walk to Southside Park
  • No HOA
  • 1 Car Garage

About This Home

As of March 2018

Location Location Location! Huge value add opportunity in downtown Sacramento overlooking Southside park. This 7 unit apartment building consists of a large 1 bed/1 bath and spacious 2 bed/1 bath units downstairs with 5 SRO units upstairs. Keep the existing layout and rent by the room or upgrade the units and watch the cash roll in! The best value in all of Downtown is walking distance to the Golden 1 arena, downtown Farmers Market and the vibrant R Street corridor. Don't miss out!

Last Agent to Sell the Property

Jake Stanfill

North Coast Commercial, Inc. License #01914043 Listed on: 02/12/2018

Last Buyer's Agent

Jake Stanfill

North Coast Commercial, Inc. License #01914043 Listed on: 02/12/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 4,792

Parking

  • 1 Car Garage

Home Design

  • Fixer Upper
  • Composition Roof

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • Cable TV Available

Additional Features

  • 2-Story Property
  • Enclosed Patio or Porch
  • 4,792 Sq Ft Lot
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cable tv rent only
  • Assessor Parcel Number 009-0015-009-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 7 Units

Building Details

  • 3 Leased Units
  • 4 Vacant Units
  • 3 Units Leased Month-To-Month
  • Oral Lease Type

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

4,792 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1939
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Varies By Unit
  • Flooring: Carpet,Laminate,Wood

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: None
  • Listing Price: 799000.00
  • Patio And Porch Features: Enclosed Patio
  • Property Condition: Fixer
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 2
  • Covered Parking Spaces: 2
  • Garage Spaces: 1
  • Parking Features: Garage

Utilities

  • Security: Carbon Mon Detector,Fire Alarm
  • Utilities: Cable Available
  • Cooling: Window Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: Public Trans Nearby
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-3A
  • Lot Size Acres: 0.1100
  • Lot Size Sq Ft: 4792

Rental Info

  • Tenant Pays: Cable TV,Rent Only
  • Total # Leasable: 7

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: Oral
  • Number of Leased Units: 3
  • Number of Month to Month Units: 3
  • Number of Units: 7
  • Number of Vacant Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 009-0015-009-0000

MLS Schools

  • School District (County): Sacramento
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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
03/08/2018 03/08/18 Sold $950,000 +18.9% $238 / Sq Ft
02/20/2018 02/20/18 Pending -- -- --
02/12/2018 02/12/18 For Sale $799,000 -- $200 / Sq Ft
Source: MetroList

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,006 $1,415,588 $426,683 $988,905
2024 $17,006 $1,387,832 $418,317 $969,515
2023 $16,606 $1,360,620 $410,115 $950,505
2022 $16,325 $1,333,942 $402,074 $931,868
2021 $15,584 $1,307,788 $394,191 $913,597
2020 $15,705 $1,294,380 $390,150 $904,230
2019 $15,375 $1,269,000 $382,500 $886,500
2018 $8,323 $650,000 $300,000 $350,000
2017 $5,210 $373,668 $104,869 $268,799
2016 $5,046 $366,342 $102,813 $263,529
2015 $4,969 $360,840 $101,269 $259,571
2014 $4,853 $353,773 $99,286 $254,487
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 18008483

MetroList
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