NOT LISTED FOR SALE

6320 Martin Luther King jr Blvd Sacramento, CA 95824

Lemon Hill Neighborhood
8 Beds
4 Baths
3,200 Sq Ft
0.54 Acres

Last Sold February 09, 2018

Last sale price $1,300,000 $406 Per Sq Ft

245 Days on Market

Highlights

  • 0.54 Acre Lot
  • Furnished
  • Central Air
  • Contemporary Architecture
  • No HOA

About This Home

As of February 2018

Unique property and lease yields exceptional stable income for investors! 2 buildings, 10 units; each is 2 BR 1 bath,central H&A.Each unit has own inside laundry, secure gated property with security system. Built 2006, all interiors redone in 2015. Age, condition, and lease terms make this the jewel of the area - can't be beat! Close to public transportation and freeway access.

Last Agent to Sell the Property

Rich LeBleu

California Living Real Estate License #01042775 Listed on: 05/19/2017

Co-Listed By

Cathy McAlister

California Living Real Estate License #00648507

Last Buyer's Agent

Sharon Buksh

Real Estate Source Inc License #01429102

Real Estate Source Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2006

Lot Details

  • 0.54

Parking

  • 17 Open Parking Spaces

Home Design

  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Furnished

Additional Features

  • 0.54 Acre Lot
  • Central Air

Listing and Financial Details

  • Tenant pays for cable tv electricity gas grounds care maintenance see remarks
  • Assessor Parcel Number 037-0242-006-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 10 Units

Building Details

  • 10 Leased Units

Property Details

Home Type

Multi-Family

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 2006
  • Accessibility Features: 0
  • Architectural Style: Contemporary
  • Stories: 2
  • Number of Two Bedroom Units: 10
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Year Renovated: 2015

Interior Features

  • Appliances: Disposal,Free Standing Electric Range,Free Standing Refrigerator,Microwave
  • Flooring: Carpet,Laminate,Tile,Linoleum/Vinyl
  • Window Features: Dual Pane Full,Window Coverings

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: Natural Hazard Disclosure Available,Rental/Lease Agmts
  • Listing Price: 1349000.00
  • Patio And Porch Features: See Remarks
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 17
  • Parking Features: Open,1+ Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Secured Access,Security System Owned,Unguarded Gate,See Remarks
  • Utilities: Cable Available,Dish Antenna,Internet Available
  • Cooling: Central
  • Heating: Central,Natural Gas
  • Laundry Features: Washer/Dryer Owned,Washer/Dryer

Condo/Co-op/Association

  • Association Features: Extra Storage,Laundry Hook-Up in Units,Manager's Office,Public Trans Nearby,Separate Laundry Facility,Yard Space,See Remarks
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: RD20
  • Lot Size Acres: 0.5390
  • Lot Size Sq Ft: 23479

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas,Grounds Care,Maintenance,See Remarks
  • Total # Leasable: 10

Multi Family

  • Gross Income: 144000
  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 10
  • Number of Units: 10
  • Units Furnished: All Units

Tax Info

  • Assessor Parcel Number: 037-0242-006-0000

MLS Schools

  • School District (County): Sacramento

Range of Values:

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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
02/09/2018 02/09/18 Sold $1,300,000 -7.1% $406 / Sq Ft
01/19/2018 01/19/18 Pending -- -- --
05/19/2017 05/19/17 For Sale $1,399,000 -- $437 / 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: 17030298

MetroList