NOT LISTED FOR SALE

3640 3rd Ave Sacramento, CA 95817

North Oak Park Neighborhood
2 Beds
3 Baths
1,360 Sq Ft
6,098 Sq Ft Lot

Last Sold August 24, 2020

Last sale price $660,000 $485 Per Sq Ft

94 Days on Market

Highlights

  • No HOA
  • Multiple cooling system units
  • 1-Story Property

About This Home

As of August 2020

Excellent opportunity for investor or for a home owner looking for additional revenue! This unique property features a duplex in front and detached studio in back. Property is currently being used as 3 individual short term rentals with annual gross income of $82,690, GRM of 12% and cap rate of 9.5%! Now lets talk about location! Walking distance to local restaurants, bars and shops. Minutes from UC Davis Med Center and Shriners Hospital and biking distance to downtown. One unique property, so many opportunities!

Last Agent to Sell the Property

Olivia Barrett

GUIDE Real Estate License #01891361 Listed on: 03/17/2020

GUIDE Real Estate

Last Buyer's Agent

Lad Rapiz Jr

Pathmark Realty Corporation License #01794098

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Carbon Monoxide Detectors

Utilities

  • Multiple cooling system units
  • Multiple Heating Units

Listing and Financial Details

  • Tenant pays for rent only
  • Assessor Parcel Number 010-0385-006-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Units Leased Month-To-Month
  • Operating Expense $17,920
  • Net Operating Income $64,770

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Triplex
  • Year Built: 1957
  • Stories: 1
  • Number of One Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Varies By Unit
  • Other Equipment: Varies by Unit
  • Flooring: Laminate,Tile,Wood

Exterior Features

  • Construction Materials: Lap Siding,Wood
  • Disclosures/Documents: CC&Rs,None
  • Foundation: Raised
  • Listing Price: 679900.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Street

Utilities

  • Security: Carbon Mon Detector
  • Cooling: MultiUnits
  • Heating: MultiUnits

Condo/Co-op/Association

  • Association Features: Varies By Unit
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-2B
  • Lot Size Acres: 0.1400
  • Lot Size Sq Ft: 6098

Rental Info

  • Tenant Pays: Rent Only
  • Total # Leasable: 3

Multi Family

  • Gross Income: 82690
  • Operating Expense: 17920
  • Income Includes: Rent Only,See Remarks
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 3
  • Number of Month to Month Units: 3
  • Number of Units: 3
  • Units Furnished: None
  • Gross Income Multiplier: 12.000

Tax Info

  • Assessor Parcel Number: 010-0385-006-0000
  • Bonds/Assessments/Taxes: Unknown

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
08/24/2020 08/24/20 Sold $660,000 0.0% $485 / Sq Ft
08/17/2020 08/17/20 Off Market $660,000 -- --
06/19/2020 06/19/20 Pending -- -- --
03/17/2020 03/17/20 For Sale $679,900 -- $500 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Olivia Barrett

    Seller's Agent in 2020

    Olivia Barrett

    GUIDE Real Estate

    (916) 952-6953

    2 in this area

    353 Total Sales

    Olivia Barrett
    Section Image

  • L

    Buyer's Agent in 2020

    Lad Rapiz Jr

    Pathmark Realty Corporation

See All Agents

Map

Source: MetroList

MLS Number: 20016831

MetroList
California Sacramento County Sacramento 95817 North Oak Park

3640 3rd Ave, Sacramento, CA

This home is located at 3640 3rd Ave, Sacramento, CA 95817 since 17 March 2020. This property was built in 1957. 3640 3rd Ave is a home located in Sacramento County with nearby schools including David Lubin Elementary, Umoja International Academy, and Hiram W. Johnson High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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