$1,201,860
SOLD MAR 24, 2025
6 Beds
8 Baths
3,706 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$324 Per Sq Ft

5% Below List Price

6 Days on Market

Highlights

  • 0.15 Acre Lot
  • A-Frame Home
  • No HOA
  • Miwok Middle School Rated A-
  • Wood Flooring
  • 5-minute walk to James Marshall Park

About This Home

As of March 2025

This exquisite fourplex, comprising four two-bedroom and one-bathroom apartments, each measuring 900 square feet, and four separate single-car garages, presents an exceptional investment opportunity in the heart of Midtown Sacramento. The prime location to surrounding amenities draw tenants, making it an ideal choice for those seeking a convenient and desirable living environment. East Sacramento and Midtown Sacramento are renowned for their beauty, offering a vibrant blend of great restaurants, shops, renowned hospitals and excellent transportation options. Unlike multi-unit properties that rarely come on the market, this one presents a fantastic investment opportunity for a fortunate buyer. Behind the apartments, there are four separate garages, providing ample space for potential future expansion, such as building another multi-unit structure.

Last Agent to Sell the Property

Michael Zohrab

Windermere Signature Properties Sierra Oaks License #01060264 Listed on: 02/12/2025

Windermere Signature Properties Sierra Oaks

Last Buyer's Agent

Chris Malone

The Malone Group License #01815275

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,796

Year Built

  • Built in 1916

Lot Details

  • 6,534 Sq Ft Lot
  • Landscaped

Home Design

  • Quadruplex
  • A-Frame Home
  • Raised Foundation
  • Frame Construction

Interior Spaces

  • 3,706 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Flooring

  • Wood
  • Carpet
  • Tile

Parking

  • 4 Car Garage
  • On-Street Parking

Utilities

  • Window Unit Cooling System
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 007-0034-006-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • Net Lease
  • Insurance Expense $3,600
  • Maintenance Expense $1,659

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,796

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: Quadruplex
  • Year Built: 1916
  • Architectural Style: A-Frame
  • Stories: 2
  • Number of One Bedroom Units: 2
  • Number of Two Bedroom Units: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Price Per Square Foot: 324.30
  • Square Footage: 3706.00

Exterior Features

  • Construction Materials: Frame
  • Foundation: Raised
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 1260000.00
  • Lot Features: Sidewalk, Landscape Back
  • New Construction: No
  • Pool: No
  • Spa: No

Garage/Parking

  • Parking Features: Street, Garage
  • Total Parking Spaces: 4.00

Utilities

  • Security: Fire Extinguisher
  • Sewer: In & Connected
  • Utilities: Natural Gas Connected, City, Electric
  • Cooling: Window Unit(s)
  • Heating: Gas
  • Laundry Features: In Each Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning: R-3A
  • Irrigation: Public District
  • Lot Size Acres: 0.1500
  • Lot Size Sq Ft: 6534.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["Rent Only"]
  • Total Number Leasable: 4
  • Insurance Expense: 3600
  • Maintenance Expense: 1659
  • Number of Leased Units: 4
  • Number of Units: 4

Tax Info

  • Assessor Parcel Number: 007-0034-006-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2017
Sold by
Faraji Jamshid and Ebrahimpour Jila
Bought by
Faraji Jamshid and Ebrahimpour Jila
Current Estimated Value
$1,257,848

Purchase Details

Closed on
Jan 8, 2015
Sold by
Black Donald H and Black Annette L
Bought by
Faraji Jamshid and Ebrahmpour Jila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$551,250
Outstanding Balance
$425,911
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$863,379

Purchase Details

Closed on
Jul 19, 2012
Sold by
Smith Michael A
Bought by
Black Donald H and Black Annette L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.63%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 26, 2005
Sold by
Smith Michael A and Estate Of Michael D Stone
Bought by
Smith Michael A
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $735,000 Orange Coast Title
Grant Deed $445,000 Orange Coast Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $551,250 New Conventional
Previous Owner $240,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2025 03/24/25 Sold $1,201,860 -4.6% $324 / Sq Ft
02/18/2025 02/18/25 Pending -- -- --
02/12/2025 02/12/25 For Sale $1,260,000 -- $340 / 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 $10,796 $883,349 $330,502 $552,847
2024 $10,796 $866,029 $324,022 $542,007
2023 $10,543 $849,049 $317,669 $531,380
2022 $10,365 $832,402 $311,441 $520,961
2021 $9,884 $816,082 $305,335 $510,747
2020 $9,957 $807,715 $302,205 $505,510
2019 $9,749 $791,879 $296,280 $495,599
2018 $9,497 $776,353 $290,471 $485,882
2017 $9,368 $761,131 $284,776 $476,355
2016 $9,102 $746,208 $279,193 $467,015
2015 $5,781 $455,950 $136,272 $319,678
2014 $5,634 $447,019 $133,603 $313,416
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 225016005

MetroList

APN: 007-0034-006