NOT LISTED FOR SALE
6 Beds
6 Baths
3,714 Sq Ft
6,534 Sq Ft Lot

Sale Details

Date Sold: April 7, 2023

Last sale price $1,215,000 $327 Per Sq Ft

189 Days on Market

Highlights

  • 0.15 Acre Lot
  • Tile Flooring
  • Security Fence
  • No HOA
  • Coin Laundry
  • 5-minute walk to Stanford Park

About This Home

As of April 2023

Please do not disturb Tenants. 2818 E St is located in the Marshall School neighborhood in Midtown Sacramento bordering the New Era Park and East Sac neighborhoods; with a Walk Score of 85. Comprised of 6 Units: 2- Studios, 2- 1BR/1BA, and 2- 2BR/1BA units. The lot faces E St. and has a secure six space parking lot that is accessible from a parallel through alley that runs along the back of the lot (Eggplant Alley). It is important to note that lots with alley access are scarce and highly desirable due to increased parking and land space. All units are currently occupied and are generating approximately $8,385 in total monthly rental income, allowing room to capitalize on increasing rents in the area. Sacramento rents have grown by 12% year-over-year surpassing an average of $1,700 (10% above the national average). Downtown Sacramento, especially the Midtown Sacramento submarket is seeing unprecedented demand and rent growth.

Last Agent to Sell the Property

Alek Vasiliu

Banyan Properties License #02104137 Listed on: 08/29/2022

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 6,534 Sq Ft Lot
  • Security Fence

Home Design

  • Concrete Foundation
  • Slab Foundation
  • Wood Siding
  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Leased Washer and Dryer

Flooring

  • Carpet
  • Laminate
  • Tile

Parking

  • 6 Parking Spaces
  • Uncovered Parking

Utilities

  • Window Unit Cooling System
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 003-0154-007-0000

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Amenities

  • Coin Laundry

Building Details

  • 5 Leased Units
  • 1 Vacant Unit
  • 3 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Subtype 1: 5 or More Units
  • Stories: 3
  • Year Built: 1912
  • Levels: 0
  • Stories: 3
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Tile, Laminate
  • Price Per Square Foot: 161.74

Exterior Features

  • Construction Materials: Lap Siding, Wood, Wood Siding
  • Foundation: Concrete, Slab
  • Listing Price: 1299000.00
  • Lot Features: Other

Garage/Parking

  • Parking Features: Uncovered
  • Total Parking Spaces: 6.00

Utilities

  • Security: Security Fence
  • Sewer: Public Sewer
  • Utilities: City
  • Cooling: Window Unit(s)
  • Heating: Wall Furnace
  • Laundry Features: Coin Operated, Washer/Dryer Leased, In Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-4-SPD
  • Irrigation: Meter on Site
  • Lot Size Acres: 0.1500
  • Lot Size Sq Ft: 6534.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Total # Leasable: 6

Multi Family

  • Income Includes: Laundry
  • Number of Leased Units: 5
  • Number of Month to Month Units: 3
  • Number of Units: 6
  • Number of Vacant Units: 1

Tax Info

  • Assessor Parcel Number: 003-0154-007-0000
  • 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 List to Sale Price per Sq Ft Prior Sale
04/07/2023 04/07/23 Sold $1,215,000 -6.5% $327 / Sq Ft
03/06/2023 03/06/23 Pending -- -- --
08/29/2022 08/29/22 For Sale $1,299,000 +58.4% $350 / Sq Ft
05/20/2015 05/20/15 Sold $820,000 -5.5% $272 / Sq Ft View Prior Sale
03/10/2015 03/10/15 Pending -- -- --
02/25/2015 02/25/15 For Sale $868,000 -- $288 / 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 $15,179 $1,264,086 $442,170 $821,916
2024 $15,179 $1,239,300 $433,500 $805,800
2023 $11,659 $947,241 $375,432 $571,809
2022 $11,460 $928,669 $368,071 $560,598
2021 $10,922 $910,460 $360,854 $549,606
2020 $11,004 $901,125 $357,154 $543,971
2019 $10,629 $883,456 $350,151 $533,305
2018 $10,352 $866,135 $343,286 $522,849
2017 $10,162 $849,153 $336,555 $512,598
2016 $9,994 $832,504 $329,956 $502,548
2015 $6,011 $484,127 $153,691 $330,436
2014 $5,859 $474,645 $150,681 $323,964
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 222111299

MetroList

APN: 003-0154-007

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