NOT LISTED FOR SALE
1 Bed
1 Bath
-- Sq Ft
6,534 Sq Ft Lot

Last Sold October 15, 2021

Last sale price $1,040,000

4 Days on Market

About This Home

As of October 2021

Fantastic opportunity in North Oak Park! 3333 V st is an 8 unit apartment building consisting of six (6) 1 bedroom units and two (2) bedroom units. There is off street parking for up to 6 cars and upgrades vary by unit. Roughly 30% Loss to Lease due to long term tenants creates valuable upside. However, two recently vacated units will allow the new owner to upgrade the units however they want and achieve a higher rate of return. Don't let this value add deal pass you by! Photos will be updated soon.

Last Agent to Sell the Property

Jake Stanfill

North Coast Commercial, Inc. License #01914043 Listed on: 07/16/2021

Last Buyer's Agent

Tim Swanston

North Coast Commercial, Inc. License #01887506

North Coast Commercial, Inc.

Property Details

Home Type

  • Apartment

Year Built

  • 1959

Lot Details

  • 6,534

Listing and Financial Details

  • Security Deposit $5,530

Property Details

Home Type

Apartment

Year Built

1959

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Sub Type: 5 or More Units
  • Architectural Style: Unknown
  • CapRate: 6.27
  • Directions: From Hwy 50 West- Exit 34th st, south on 34th, west on VSt, property is on the North side From Hwy 50 East - Exit Stockton Blvd, go south on Srockton blvd, west on T St, south on 34th st, west on V St
  • Professional Management Expense: 6480
  • Building Stories: 2
  • Special Features: None
  • Stories: 2
  • Year Built: 1959

Interior Features

  • Appliances: Free Standing Gas Range, Free Standing Refrigerator
  • Price Per Square Foot: 206.14
  • Flooring: Carpet, Vinyl
  • Number Of Buildings: 1
  • Stories: 2

Exterior Features

  • Foundation Details: BrickMortar
  • Construction Type: Brick, Stucco
  • Lot Features: Zero Lot Line

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 6

Utilities

  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Heating: Wall Furnace
  • Utilities Expenses: 12264
  • Laundry Features: Other
  • Security: Security Fence, Security Gate
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Cable Connected, City
  • Water Source: Water District

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Sacramento Unified

Lot Info

  • Lot Size Sq Ft: 6534
  • Zoning Description: R-4

Rental Info

  • Total Deposit: 5530
  • Total # Leasable: 8
  • Lease Term: Varies By Unit

Tax Info

  • Bonds/Assessments/Taxes: Unknown

Multi Family

  • Annual Gross Income: 85750
  • Income Includes: Rent Only
  • Insurance Expense: 5679
  • Maintenance Expense: 14410
  • Number Of Units Leased: 6
  • Number of Month to Month Units: 6
  • Number Of Units Total: 8
  • Number Of Units Vacant: 2

MLS Schools

  • School District (County): Sacramento

Range of Values:

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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 Change Sq Ft Price
10/16/2021 10/16/21 Off Market $1,040,000 -- --
10/15/2021 10/15/21 Sold $1,040,000 -16.8% --
07/20/2021 07/20/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $1,250,000 -- --
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221084646

MetroList