NOT LISTED FOR SALE
-- Bed
-- Bath
5,824 Sq Ft
0.52 Acres

Last Sold April 22, 2024

Last sale price $1,125,000 $193 Per Sq Ft

6 Days on Market

Highlights

  • 0.52 Acre Lot
  • No HOA
  • Ceiling Fan
  • River City High Rated A-
  • Guest Parking
  • Carpet

About This Home

As of April 2024

Introducing 413 Harbor Blvd, West Sacramento, CAan 8-unit apartment complex situated in a bustling employment area. Each unit features two bedrooms and one bath, offering comfortable living spaces for tenants. Fully leased, this property offers a compelling investment prospect with rents approximately 30% below market. Strategically positioned, it presents an excellent opportunity for investors seeking to optimize returns through rent adjustments and enhanced property management efficiency. Whether for a 1031 exchange or to bolster an existing portfolio, this property holds promise for value appreciation and long-term success in the competitive West Sacramento real estate market. The city's ongoing development initiatives and proximity to major employment centers make it an attractive destination for both residents and investors alike.

Last Agent to Sell the Property

Chris Hagerman

Nick Sadek Sotheby's International Realty License #02089541 Listed on: 03/08/2024

Nick Sadek Sotheby's International Realty

Last Buyer's Agent

Chris Hagerman

Nick Sadek Sotheby's International Realty License #02089541 Listed on: 03/08/2024

Nick Sadek Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 0.52 Acre Lot

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 5,824 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Carpet

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 21 Parking Spaces
  • Guest Parking
  • Open Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 008-082-036-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 8 Units

Building Details

  • 8 Leased Units
  • Net Lease

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: 5 or More Units
  • Year Built: 1964
  • Levels: Two
  • Stories: 2
  • Number of Two Bedroom Units: 8
  • ResoPropertyType: ResidentialIncome
  • Number Of2 Bedrooms Occupied: 8
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet
  • Price Per Square Foot: 193.17
  • Square Footage: 5824.00

Exterior Features

  • Construction Materials: Stucco
  • Foundation: Concrete Perimeter
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 1025000.00
  • Lot Features: Other
  • New Construction: No
  • Pool: No
  • Roof: Composition
  • Spa: No
  • Topography: LevelLevel

Garage/Parking

  • Parking Features: Open, Uncovered, Guest Parking Available
  • Total Parking Spaces: 21.00

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: City
  • Cooling: Ceiling Fan(s), Wall Unit(s)
  • Heating: Wall Furnace
  • Laundry Features: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Washington Unified

Lot Info

  • Zoning Description: M-1
  • Irrigation: Public District
  • Lot Size Acres: 0.5240
  • Lot Size Sq Ft: 22825.00
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Income Includes: ["Other"]
  • Total Number Leasable: 8
  • Number of Leased Units: 8
  • Number of Units: 8
  • Two Bedroom Annual Occupancy: 100
  • Two Bedroom Rent Range: $990 - $1,395

Tax Info

  • Assessor Parcel Number: 008-082-036-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Yolo

Range of Values:

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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
04/22/2024 04/22/24 Sold $1,125,000 +9.8% $193 / Sq Ft
03/14/2024 03/14/24 Pending -- -- --
03/08/2024 03/08/24 For Sale $1,025,000 -- $176 / 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: 224022180

MetroList