$1,500,000
SOLD MAR 14, 2025
2 Beds
1 Bath
5,025 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$299 Per Sq Ft

6% Below List Price

11 Days on Market

Highlights

  • 0.15 Acre Lot
  • 4-minute walk to 29Th Street
  • No HOA
  • Miwok Middle School Rated A-
  • Wood Flooring
  • 5-minute walk to Albert Winn Park

About This Home

As of March 2025

Attention Investors,presenting an excellent Investment opportunity in Midtown Sacramento. Half a block from the Sacramento Natural Foods Co- op,Temple Coffee and the light rail. Within proximity to many restaurants, shops and the freeway. This fully rented 8 unit apartment complex has new dual pane windows.The property consists of two 2-Bedroom and six 1- Bedroom units. 2 parking spots on the back alley and plenty of parking spaces in front of the building. Cap rate is at 5.1%

Last Agent to Sell the Property

Parissa Yaghmaie

California Regency Realty License #01484585 Listed on: 01/16/2025

Last Buyer's Agent

Michael Zohrab

Windermere Signature Properties Sierra Oaks License #01060264

Windermere Signature Properties Sierra Oaks

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 6,534 Sq Ft Lot

Home Design

  • Concrete Foundation
  • Raised Foundation
  • Slab Foundation
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 5,025 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows

Flooring

  • Wood
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • On-Street Parking
  • Uncovered Parking

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected
  • Property is located within a water district
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 010-0051-010-0000

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Amenities

  • Coin Laundry

Building Details

  • 8 Leased Units
  • 7 Units Leased Month-To-Month
  • Net Lease

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: 5 or More Units
  • Year Built: 1958
  • Stories: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Varies By Unit
  • Flooring: Vinyl, Wood
  • Price Per Square Foot: 298.51
  • Square Footage: 5025.00
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Concrete, Stucco, Wood
  • Foundation: Raised, Slab, Concrete
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 1600000.00
  • Lot Features: Shape Regular, Sidewalk
  • New Construction: No
  • Pool: No
  • Spa: No

Garage/Parking

  • Parking Features: Street, Uncovered, See Remarks
  • Total Parking Spaces: 2.00

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: In & Connected, Public Sewer
  • Utilities: Natural Gas Connected, City
  • Cooling: Ceiling Fan(s), Wall Unit(s)
  • Heating: Gas, Wall Furnace
  • Laundry Features: Coin Operated, In Common Area
  • Water Source: Water District, Meter on Site, 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-S
  • 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: 8
  • Number of Leased Units: 8
  • Number of Month to Month Units: 7
  • Number of Units: 8
  • 1 Bedroom Rent Range: $1150-$1295
  • Two Bedroom Rent Range: $1295-$1450
  • Number Of1 Bedrooms Occupied: 6
  • Number Of2 Bedrooms Occupied: 2

Tax Info

  • Assessor Parcel Number: 010-0051-010-0000
  • Bonds/Assessments/Taxes: Unknown

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 Change Sq Ft Price
03/14/2025 03/14/25 Sold $1,500,000 -6.3% $299 / Sq Ft
01/27/2025 01/27/25 Pending -- -- --
01/16/2025 01/16/25 For Sale $1,600,000 -- $318 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 225004533

MetroList