NOT LISTED FOR SALE

5608 Cypress Ave Carmichael, CA 95608

Oakvale Neighborhood
1 Bed
1 Bath
610 Sq Ft
0.85 Acres

Last Sold January 29, 2020

Last sale price $1,925,000 $3,156 Per Sq Ft

21 Days on Market

Highlights

  • 0.85 Acre Lot
  • No HOA
  • 1-Story Property
  • Winston Churchill Middle School Rated A-

About This Home

As of January 2020

5608 Cypress Avenue is a rare opportunity to purchase a well-kept 13-unit multifamily property located in the heart of Carmichael, one of the strongest submarkets in the Sacramento Metro Area. The property consists of six buildings containing 6 duplexes and 1 single-family home. ***This property can be purchased together or separately with the neighboring property 4022 George Road, Carmichael'' (5 Units). Ask Broker for details.***

Last Agent to Sell the Property

Matthew Sarro

Collier's International License #01942991 Listed on: 09/12/2019

Last Buyer's Agent

Matthew Sarro

Collier's International License #01942991 Listed on: 09/12/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 0.85

Additional Features

  • 1-Story Property
  • 0.85 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 258-0021-016

Community Details

Overview

  • No Home Owners Association
  • 6 Buildings
  • 13 Units

Building Details

  • 13 Leased Units
  • 13 Units Leased Month-To-Month
  • Net Operating Income $94,039

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Other
  • Year Built: 1970
  • Architectural Style: Unknown
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Varies By Unit
  • Other Equipment: None
  • Flooring: Varies by Unit

Exterior Features

  • Construction Materials: Other
  • Disclosures/Documents: None
  • Foundation: None
  • Listing Price: 2100000.00
  • Roof: Other

Garage/Parking

  • Parking Features: Varies by Unit

Utilities

  • Cooling: Varies by Unit
  • Heating: Varies by Unit

Condo/Co-op/Association

  • Association Features: Varies By Unit
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: RD-20
  • Lot Size Acres: 0.8500
  • Lot Size Sq Ft: 37026

Rental Info

  • Tenant Pays: See Remarks
  • Total # Leasable: 13

Multi Family

  • Income Includes: Other
  • Existing Lease Type: Other
  • Number of Leased Units: 13
  • Number of Month to Month Units: 13
  • Number of Units: 13
  • Units Furnished: Varies By Unit

Tax Info

  • Assessor Parcel Number: 258-0021-016
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 List to Sale Price per Sq Ft
01/29/2020 01/29/20 Sold $1,925,000 -8.3% $3,156 / Sq Ft
10/03/2019 10/03/19 Pending -- -- --
09/12/2019 09/12/19 For Sale $2,100,000 -- $3,443 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Matthew Sarro

    Seller's Agent in 2020

    Matthew Sarro

    Collier's International

    (916) 616-5267

    66 Total Sales

    Matthew Sarro
    Section Image
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Map

Source: MetroList

MLS Number: 19064819

MetroList
California Sacramento County Carmichael 95608 Oakvale

5608 Cypress Ave, Carmichael, CA

Not Listed for Sale

MultiFamily

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.

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