NOT LISTED FOR SALE

2307 Edison Ave Sacramento, CA 95821

Bohemian Heights Neighborhood

Estimated Value: $735,000 - $1,255,000

6 Beds
4 Baths
2,650 Sq Ft
$335/Sq Ft Est. Value

Sale Details

Date Sold: August 2, 2024

Last sale price $792,000 $299 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,731 / mo

14 Days on Market

Highlights

  • 0.47 Acre Lot
  • Private Yard
  • Tile Flooring
  • Corner Lot
  • No HOA
  • Guest Parking

About This Home

As of August 2024

This property presents a remarkable opportunity for both investors and builders! Situated in an excellent location, it stands out from typical investment properties. The 4-Plex is meticulously maintained and exudes a sense of pride in ownership. Its corner lot boasts impressive curb appeal, immediately captivating anyone who drives up. The generously sized lot spans just under half an acre and is zoned RD-30, allowing for the addition of 10 more units. This has been confirmed by Sacramento County. The current rents are below the prevailing rates in the area, offering the next owner the potential for increased revenue. The owner has spent over $67k in renovations in the past 2 years. Recent renovations include a $19K investment for brand new roof & gutters on a separate building; which encompasses a carport, storage & laundry room,(PERMIT & receipt on file). Freshly painted interiors, remodeled bathrooms in 2 bedroom units, new HVAC unit, 2 new water heaters, new front fence & more. This property is a must-see, as it is conveniently located near Sac State University, Sacramento International Airport, Downtown Sacramento, Golden1 Arena, shopping centers, public transportation, and all other city conveniences. Don't delay, as this opportunity is expected to be swiftly taken!

Last Agent to Sell the Property

Maribel Perez

eXp Realty of California Inc License #01318668 Listed on: 06/13/2024

eXp Realty of California Inc

Co-Listed By

Jerry Rivera

eXp Realty of California Inc License #01376115

Last Buyer's Agent

David Rogers

Gonsalves Real Estate Properties License #01400640

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952 | Remodeled

Lot Details

  • 20,473 Sq Ft Lot
  • Landscaped
  • Corner Lot
  • Irregular Lot
  • Private Yard

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,650 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Leased Washer and Dryer

Kitchen

  • Free-Standing Electric Oven
  • Free-Standing Gas Range

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 15 Parking Spaces
  • 5 Carport Spaces
  • Guest Parking

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • 220 Volts
  • Natural Gas Connected
  • Property is located within a water district
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas, parking fee
  • Assessor Parcel Number 254-0031-035-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 1 Unit Leased Month-To-Month
  • Net Lease

Property Details

Home Type

Multi-Family

Year Built

Built in 1952 | Remodeled

Lot Details

0.47 Acres

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: Quadruplex
  • Year Built: 1952
  • Architectural Style: Ranch
  • Levels: One
  • Stories: 1
  • ResoPropertyType: ResidentialIncome
  • Number Of1 Bedrooms Occupied: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range, Free Standing Refrigerator, Gas Water Heater, Free Standing Electric Oven
  • Flooring: Tile
  • Price Per Square Foot: 298.87
  • Square Footage: 2650.00
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Construction Materials: Stucco
  • Disclosures/Documents: Preliminary Title Report, Rental/Lease Agreement(s), Seller Property Questionnaire, Environmental Hazards Report, Transfer Disclosure Statement, Natural Hazard Disclosure Available
  • Exterior Features: Yard Space
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 769000.00
  • Lot Features: Corner, Shape Irregular, Sidewalk, Landscape Front
  • New Construction: No
  • Pool: No
  • Property Condition: Updated/Remodeled
  • Roof: Composition
  • Spa: No
  • Topography: Level,Level

Garage/Parking

  • Carport Spaces: 5.00
  • Covered Parking Spaces: 5.00
  • Parking Features: Carport, Covered, Guest Parking Available
  • Total Parking Spaces: 15.00
  • Tandem Parking Spaces: 5

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: Sewer Connected, Public Sewer
  • Utilities: Cable Available, Natural Gas Connected, City, Electric, Internet Available
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: Washer/Dryer Leased
  • Water Source: Water District
  • Separate Meters: Common Area Meter, Electricity, Gas

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: San Juan Unified

Lot Info

  • Zoning Description: RD-30
  • Irrigation: Public District
  • Lot Size Acres: 0.4700
  • Lot Dimensions: 20,473.20 square feet
  • Lot Size Sq Ft: 20473.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, See Remarks, Parking Fee, Other
  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["Coin Operated Equipment","Rent Only"]
  • Number of Leased Units: 4
  • Number of Month to Month Units: 1
  • Number of Units: 4
  • One Bedroom Annual Occupancy: 100
  • Two Bedroom Annual Occupancy: 100

Tax Info

  • Assessor Parcel Number: 254-0031-035-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/02/2024 08/02/24 Sold $792,000 +3.0% $299 / Sq Ft
06/27/2024 06/27/24 Pending -- -- --
06/13/2024 06/13/24 For Sale $769,000 -- $290 / Sq Ft
Source: MetroList

Agents Affiliated with this Home

  • Maribel Perez

    Seller's Agent in 2024

    Maribel Perez

    eXp Realty of California Inc

    (916) 223-1309

    1 in this area

    84 Total Sales

    Maribel Perez
    Section Image
  • Jerry Rivera

    Seller Co-Listing Agent in 2024

    Jerry Rivera

    eXp Realty of California Inc

    (916) 223-1349

    1 in this area

    66 Total Sales

    Jerry Rivera
    Section Image
  • David Rogers

    Buyer's Agent in 2024

    David Rogers

    Gonsalves Real Estate Properties

    (415) 238-0070

    1 in this area

    8 Total Sales

    David Rogers
    Section Image
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Map

Source: MetroList

MLS Number: 224064138

MetroList

APN: 254-0031-035

California Sacramento County Sacramento 95821 Bohemian Heights

2307 Edison Ave, Sacramento, CA

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