NOT LISTED FOR SALE

561 Pecan St West Sacramento, CA 95691

Michigan-Glide-Sutter Neighborhood
2 Beds
1 Bath
800 Sq Ft
0.33 Acres

Last Sold February 23, 2022

Last sale price $1,360,000 $1,700 Per Sq Ft

63 Days on Market

About This Home

As of February 2022

561 Pecan St, a value add 8-unit apartment community located in West Sacramento, California. Every unit is a two bedroom / one bathroom floor plan, a preferable unit mix for suburban Sacramento. Although located just outside the core of Sacramento, the property is well located as it offers residents a 5 minute commute to Downtown Sacramento, the employment and entertain epicenter for the northern California Central Valley. Residents will also be drawn to the properties proximity to modern amenities such as banks, grocery stores, restaurants, and West Sacramento's famed bridge district. The property is a short drive away from both Interstate 80 and US Hwy 50, allowing commuters quick freeway access and thus shorter driving times to anywhere in the Greater Sacramento region. 531 Pecan Street offers a value add opportunity for the savvy investor who will capitalize on the properties functional advantages of being all Two Bedrooms in a strong rental location.

Last Agent to Sell the Property

Luis Mejia

Mejia Realty Group-Luis Mejia License #02011269 Listed on: 11/08/2021

Mejia Realty Group-Luis Mejia

Last Buyer's Agent

Yelena Harris

Realty Agents Inc License #02104519

Property Details

Home Type

  • Apartment

Year Built

  • 1973

Lot Details

  • 0.33

Property Details

Home Type

Apartment

Year Built

1973

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Sub Type: 5 or More Units
  • CapRate: 3.64
  • Directions: West on West Capitol Ave make a right Pecan St
  • Professional Management Expense: 4651
  • Building Stories: 2
  • Special Features: None
  • Stories: 2
  • Year Built: 1973

Interior Features

  • Price Per Square Foot: 230.98
  • Flooring: Other
  • Number Of Buildings: 1
  • Stories: 2

Exterior Features

  • Foundation Details: Concrete
  • Construction Type: Stucco
  • Lot Features: None

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 16.00

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall Furnace
  • Laundry Features: Other
  • Security: Other
  • Sewer: Public Sewer
  • Utilities: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Washington Unified

Lot Info

  • Lot Size Sq Ft: 14723.00
  • Zoning Description: Res-Multi

Rental Info

  • Total # Leasable: 8
  • Tenant Pays: Cable TV, Electricity, Gas

Tax Info

  • Bonds/Assessments/Taxes: Unknown

Multi Family

  • Annual Gross Income: 95280
  • Income Includes: Rent Only
  • Insurance Expense: 2000
  • Maintenance Expense: 4000
  • Number Of Units Leased: 8
  • Number of Month to Month Units: 6
  • Number Of Units Total: 8

MLS Schools

  • School District (County): Yolo

Range of Values:

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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 Prior Sale
02/23/2022 02/23/22 Sold $1,360,000 0.0% $1,700 / Sq Ft
02/15/2022 02/15/22 Off Market $1,360,000 -- --
01/10/2022 01/10/22 Pending -- -- --
11/08/2021 11/08/21 For Sale $1,450,000 +81.3% $1,813 / Sq Ft
07/27/2017 07/27/17 Sold $800,000 +1.3% $250 / Sq Ft View Prior Sale
05/26/2017 05/26/17 Pending -- -- --
05/07/2017 05/07/17 For Sale $789,950 +51.9% $247 / Sq Ft
11/21/2013 11/21/13 Sold $520,000 -5.5% $163 / Sq Ft View Prior Sale
09/27/2013 09/27/13 Pending -- -- --
09/19/2013 09/19/13 For Sale $550,000 -- $172 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Luis Mejia

    Seller's Agent in 2022

    Luis Mejia

    Mejia Realty Group-Luis Mejia

    (916) 937-0012

    3 in this area

    13 Total Sales

    Luis Mejia
    Section Image
  • Yelena Harris

    Buyer's Agent in 2022

    Yelena Harris

    Realty Agents Inc

    (916) 234-5556

    1 in this area

    17 Total Sales

    Yelena Harris
    Section Image

  • L

    Seller's Agent in 2017

    Larry Goodrow

    Intero Real Estate Services

    Section Image

  • N

    Buyer's Agent in 2017

    Non-MLS Member

    Non-MLS Office

  • D

    Seller's Agent in 2013

    Daniel Daboski

    Titan Commercial

    Section Image
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Map

Source: MetroList

MLS Number: 221142340

MetroList
California Yolo County West Sacramento 95691 Michigan-Glide-Sutter

561 Pecan St, West Sacramento, CA

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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