NOT LISTED FOR SALE
5 Beds
4 Baths
2,700 Sq Ft
6,534 Sq Ft Lot

Last Sold August 09, 2021

Last sale price $1,500,000 $556 Per Sq Ft

70 Days on Market

Highlights

  • Gated Community
  • 0.15 Acre Lot
  • Private Lot
  • Downtown View
  • A-Frame Home
  • No HOA

About This Home

As of August 2021

Here's your opportunity to own in one of Sacramento's most desirable areas. This clean and well maintained 8 unit complex is close to UC Davis Med Center and Sutter General Hospital as well as walking distance to a variety of local shops, restaurants, and businesses. Perfect for commuters with easy freeway access. This property has 7 one bedroom one bath units and 1 two bedroom 1 bath unit. All 8 units are occupied with performing tenants. Most units have been recently renovated with newer security gate and coin op laundry room. Back alley with parking spots and plenty of street parking for guests.

Last Agent to Sell the Property

Tony Nguyen

LPT Realty, Inc License #02058103 Listed on: 05/06/2021

LPT Realty, Inc

Co-Listed By

Inderjit Ghusar

LPT Realty Inc. License #01792515

Last Buyer's Agent

Keith Klassen

Klassen & Associates License #01509214

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • 6,534 Sq Ft Lot
  • Security Fence
  • Private Lot

Home Design

  • A-Frame Home
  • Concrete Foundation
  • Slab Foundation
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2-Story Property
  • Downtown Views
  • Security Gate
  • Washer and Dryer Hookup

Kitchen

  • Electric Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Parking

  • 5 Parking Spaces
  • Subterranean Parking
  • On-Street Parking
  • Open Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Separate Meters
  • 220 Volts

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 010-0112-021-0000

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Building Details

  • 8 Leased Units
  • Insurance Expense $3,000
  • Maintenance Expense $10,008
  • Professional Management Expense $6,600

Additional Features

  • Coin Laundry
  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

Built in 1964 | Remodeled

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Subtype 1: 5 or More Units
  • Stories: 2
  • Year Built: 1964
  • Architectural Style: A-Frame, Tract
  • Levels: Two
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Electric Cook Top
  • Flooring: Carpet, Tile, Laminate
  • Price Per Square Foot: 280.37

Exterior Features

  • Construction Materials: Stucco
  • Disclosures/Documents: Rental/Lease Agmts, Estoppel Certificate
  • Foundation: Concrete, Slab
  • Listing Price: 1800000.00
  • Lot Features: Private, Curb(s), Shape Regular, Sidewalk
  • Property Condition: Updated/Remodeled, Original
  • Roof: Composition
  • View Description: City, Downtown

Garage/Parking

  • Parking Features: Open, Street, Uncovered, Underground Parking
  • Total Parking Spaces: 5

Utilities

  • Security: Unguarded Gate, Security Fence, Security Gate
  • Sewer: Public Sewer
  • Utilities: All Electric
  • Cooling: Wall Unit(s)
  • Electric: 220 Volts
  • Heating: Wall Furnace
  • Laundry Features: Coin Operated, Washer/Dryer Hookups
  • Water Source: Public
  • Separate Meters: Electricity

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-1B
  • Irrigation: Public District
  • Lot Size Acres: 0.1500
  • Lot Size Sq Ft: 6534

Rental Info

  • Tenant Pays: Cable TV, Electricity
  • Lease Term: 12 Months
  • Total # Leasable: 8

Multi Family

  • Income Includes: Coin Operated Equipment,Rent Only
  • Insurance Expense: 3000
  • Maintenance Expense: 10008
  • Number of Leased Units: 8
  • Number of Units: 8
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 010-0112-021-0000
  • 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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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
08/09/2021 08/09/21 Sold $1,500,000 -16.7% $556 / Sq Ft
07/15/2021 07/15/21 Pending -- -- --
06/30/2021 06/30/21 For Sale -- -- --
06/11/2021 06/11/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $1,800,000 -- $667 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

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 $19,046 $1,591,811 $488,155 $1,103,656
2024 $19,046 $1,560,600 $478,584 $1,082,016
2023 $18,599 $1,530,000 $469,200 $1,060,800
2022 $18,285 $1,500,000 $460,000 $1,040,000
2021 $10,072 $812,039 $115,998 $696,041
2020 $10,139 $803,713 $114,809 $688,904
2019 $9,928 $787,955 $112,558 $675,397
2018 $9,672 $772,505 $110,351 $662,154
2017 $9,539 $757,359 $108,188 $649,171
2016 $9,106 $742,510 $106,067 $636,443
2015 $8,971 $731,358 $104,474 $626,884
2014 $8,740 $717,033 $102,428 $614,605
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221045325

MetroList