NOT LISTED FOR SALE

630 Maple St West Sacramento, CA 95691

Michigan-Glide-Sutter Neighborhood
8 Beds
4 Baths
3,412 Sq Ft
0.47 Acres

Last Sold April 04, 2018

Last sale price $1,700,000 $498 Per Sq Ft

5 Days on Market

About This Home

As of April 2018

Turton Commercial is pleased to present for sale 630 Maple St. 100% leased, 16-unit multi-family investment opportunity in West Sacramento. Fourteen 2 bed/1 bath units and two 1 bed/1 bath units; avg unit size is 853 square feet. Annual gross income: $132,480. Year one cap rate is 4.1 percent with significant value-add potential as all rents are approx. 25 percent below market. Property includes 16 on-site parking stalls and community pool. Located less than 5 minutes from Downtown Sacramento.

Last Agent to Sell the Property

Patrick Stelmach

CBRE Inc. License #01964999 Listed on: 02/07/2018

Co-Listed By

Ken Turton

Ken Turton, Broker License #01219637

Last Buyer's Agent

Joe Bartolomei

B and B Real Estate and Investments License #01853228

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,000

Year Built

  • Built in 1963

Lot Details

  • 0.47

Parking

  • 16 Open Parking Spaces

Additional Features

  • 2-Story Property
  • 0.47 Acre Lot

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 008-131-059

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 16 Units

Building Details

  • 16 Leased Units
  • 16 Units Leased Month-To-Month
  • Insurance Expense $5,000
  • Operating Expense $131,187

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,000

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1963
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: See Remarks,Other
  • Other Equipment: Varies by Unit
  • Flooring: See Remarks,Other

Exterior Features

  • Construction Materials: See Remarks,Other
  • Disclosures/Documents: None
  • Listing Price: 1750000.00
  • Roof: See Remarks,Other

Garage/Parking

  • Open Parking Spaces: 16
  • Parking Features: 1 Space Per Unit

Utilities

  • Cooling: Wall Unit(s),See Remarks,Other
  • Heating: See Remarks,Other
  • Utilities Expenses: 15000

Condo/Co-op/Association

  • Association Features: Pool,See Remarks,Other
  • Association: No

Schools

  • Senior High School District: Washington Unified

Lot Info

  • Zoning Description: R-2
  • Lot Size Acres: 0.4700
  • Lot Size Sq Ft: 20473

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 132480
  • Operating Expense: 131187
  • Income Includes: Laundry,Manager's Unit
  • Existing Lease Type: See Remarks
  • Insurance Expense: 5000
  • Number of Leased Units: 16
  • Number of Month to Month Units: 16
  • Number of Units: 16
  • Units Furnished: None
  • Gross Income Multiplier: 13.200

Tax Info

  • Assessor Parcel Number: 008-131-059
  • Current RE Taxes: 20000

MLS Schools

  • School District (County): Yolo

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
04/04/2018 04/04/18 Sold $1,700,000 -2.9% $498 / Sq Ft
02/12/2018 02/12/18 Pending -- -- --
02/07/2018 02/07/18 For Sale $1,750,000 +89.0% $513 / Sq Ft
07/10/2013 07/10/13 Sold $926,000 -3.5% $359 / Sq Ft
03/10/2013 03/10/13 Pending -- -- --
09/27/2012 09/27/12 For Sale $960,000 -- $372 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Patrick Stelmach

    Seller's Agent in 2018

    Patrick Stelmach

    CBRE Inc.

    (916) 817-9148

    18 Total Sales

    Section Image
  • Ken Turton

    Seller Co-Listing Agent in 2018

    Ken Turton

    Ken Turton, Broker

    (916) 573-3301

    5 Total Sales

    Section Image
  • Joe Bartolomei

    Buyer's Agent in 2018

    Joe Bartolomei

    B and B Real Estate and Investments

    (916) 778-9659

    7 Total Sales

    Section Image
  • Catherine Sheppard

    Buyer Co-Listing Agent in 2018

    Catherine Sheppard

    Realty ONE Group Complete

    (916) 204-0077

    5 Total Sales

    Section Image

  • H

    Seller's Agent in 2013

    Harry Cowan

    Capital Equities

    Section Image

  • D

    Buyer's Agent in 2013

    David Lee

    Metro Financial Services, Inc.

See All Agents

Map

Source: MetroList

MLS Number: 18007263

MetroList

California Yolo County West Sacramento 95691 Michigan-Glide-Sutter

630 Maple St, West Sacramento, CA

This home is located at 630 Maple St, West Sacramento, CA 95691 since 07 February 2018. This property was built in 1963. 630 Maple St is a home located in Yolo County with nearby schools including Westfield Village Elementary School, River City High, and Sacramento Valley Charter 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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