NOT LISTED FOR SALE

Estimated Value: $604,000 - $688,941

12 Beds
4 Baths
4,330 Sq Ft
$148/Sq Ft Est. Value

Last Sold May 15, 2024

Last sale price $700,000 $162 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $3,665/month

11 Days on Market

Highlights

  • 0.65 Acre Lot
  • No HOA
  • Cul-De-Sac
  • River City High Rated A-
  • Cottage
  • Tile Flooring

About This Home

As of May 2024

Investor Special! This is a rare opportunity to purchase a 4 houses on one lot in the booming West Sacramento market just minutes from Downtown. The property has been under the same ownership for 27 years! This property is unique because 3 of the 4 units is its own standalone building with space in between giving tenants privacy and storage areas. There's also an open yard area towards next to the back units which has potential for an ADU or additional units (buyer to verify). The quadplex has an incredible unit mix and is comprised of (1) Single-Family Residence with an enclosed garage approximately +/-1,838 SF; a standalone 4B/1B house +/-1,148 SF, plus a Duplex featuring a 2B/1B +/-576 SF and a 3B/1.5B unit +/- 768 SF. The units feature hook-ups for washer/dryer. The residents are long-term and pay a solid monthly rent with room for future upside. The units are separately metered for electricity and gas paid for directly by the tenants. The owner pays for water, sewer, garbage, maintenance and repairs. Nestled in a cul-de-sac situated on a spacious .65 Acre lot with potential to add an ADU (Buyer to verify) next to walking and biking trails. Located just a few blocks from the IKEA Retail Center which features national anchored commercial businesses.

Last Agent to Sell the Property

Adrian Del Rio

PCG Commercial, Inc License #01431059 Listed on: 04/18/2024

Last Buyer's Agent

Adrian Del Rio

PCG Commercial, Inc License #01431059 Listed on: 04/18/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,425

Lot Details

  • 0.65 Acre Lot
  • Cul-De-Sac

Home Design

  • 4,330 Sq Ft Home
  • Quadruplex
  • Cottage
  • Slab Foundation
  • Wood Siding
  • Stucco

Flooring

  • Carpet
  • Linoleum
  • Laminate
  • Tile
  • Vinyl

Laundry

  • Washer and Dryer Hookup

Parking

  • 8 Parking Spaces
  • Uncovered Parking

Utilities

  • Refrigerated and Evaporative Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Separate Meters
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 008-104-027-000

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • Net Lease
  • Net Operating Income $44,553

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,425

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments, House(s)
  • Property Subtype 1: Quadruplex
  • Architectural Style: Cottage
  • Year Built Details: Unknown
  • Number of Two Bedroom Units: 1
  • Number of Three Bedroom Units: 2
  • Number of Four Bedroom Units: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Carpet, Tile, Laminate, Vinyl, Linoleum
  • Price Per Square Foot: 161.66
  • Square Footage: 4330.00

Exterior Features

  • Construction Materials: Stucco, Wood Siding
  • Disclosures/Documents: None
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 725000.00
  • Lot Features: Cul-De-Sac, Curb(s)
  • New Construction: No
  • Pool: No
  • Spa: No

Garage/Parking

  • Parking Features: Uncovered
  • Total Parking Spaces: 8.00

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, City, Electric
  • Cooling: Wall Unit(s), Evaporative Cooler
  • Heating: Wall Furnace
  • Laundry Features: Washer/Dryer Hookups
  • Water Source: Public
  • Separate Meters: Electricity, Gas

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: R-2
  • Irrigation: Public District
  • Lot Size Acres: 0.6500
  • Lot Size Sq Ft: 28314.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas
  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["Rent Only"]
  • Total Number Leasable: 4
  • Number of Leased Units: 4
  • Number of Units: 4

Tax Info

  • Assessor Parcel Number: 008-104-027-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Yolo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2024
Closed on
May 1, 2024
Sold by
Daniel J Shea And Victoria P Shea Trust and Shea Daniel J
Bought by
Sisa Properties Llc and Amna Limited Liability Company
Seller's Agent
Adrian Del Rio
PCG Commercial, Inc
Buyer's Agent
Adrian Del Rio
PCG Commercial, Inc
List Price
$725,000
Sold Price
$700,000
Premium/Discount to List
-$25,000
-3.45%
Views
38
Current Estimated Value
$642,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$57,353
Avg. Annual Appreciation
-5.73%

Purchase Details

Closed on
Jun 14, 2003
Sold by
Shea Daniel J and Shea Victoria P
Bought by
Sacramento Regional County Sanitation Di
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Sisa Properties Llc $700,000 Chicago Title Company
Sacramento Regional County Sanitation Di -- Placer Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2024 05/15/24 Sold $700,000 -3.4% $162 / Sq Ft
04/29/2024 04/29/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $725,000 -- $167 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

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 $3,425 $714,000 $173,400 $540,600
2023 $3,425 $258,442 $53,965 $204,477
2022 $3,199 $253,375 $52,907 $200,468
2021 $3,181 $248,408 $51,870 $196,538
2020 $3,026 $245,862 $51,339 $194,523
2019 $2,990 $241,042 $50,333 $190,709
2018 $2,934 $236,317 $49,347 $186,970
2017 $2,904 $231,684 $48,380 $183,304
2016 $2,863 $227,142 $47,432 $179,710
2015 $2,552 $223,731 $46,720 $177,011
2014 $2,552 $219,349 $45,805 $173,544
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224039563

MetroList

APN: 008-104-027-000