NOT LISTED FOR SALE
9 Beds
9 Baths
6,000 Sq Ft
3,049 Sq Ft Lot

Sale Details

Date Sold: April 4, 2025

Last sale price $900,000 $150 Per Sq Ft

323 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Wood Siding
  • No HOA
  • Central Heating and Cooling System

About This Home

As of April 2025

PRICE REDUCED TO SELL! 6-unit building grossing $10,900 a month in income. Each unit is very spacious with Dishwashers and in unit washer/dryers located in the heart of Midtown Sacramento! The property consists of (3) Spacious 1-bedroom/1-bathroom units (1,000 square feet each), and (3) Spacious 2-bedroom/2-bathroom units (1,000 square feet each). Updated plumbing and electrical systems, Central heat/air, hardwood /laminate floors, tile countertops, freshly painted kitchen cabinets, vintage wooden windows, recessed ceiling lighting, in-unit washer/dryers, and ceiling fans. Yielding a 7.03% cap rate based on actuals.

Last Agent to Sell the Property

Matthew Sarro

Collier's International License #01942991 Listed on: 05/07/2024

Last Buyer's Agent

Erin Stumpf

Coldwell Banker Realty License #01706589

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 3,049

Home Design

  • Garden Apartment
  • Concrete Foundation
  • Wood Siding
  • Redwood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,000 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Laminate
  • Tile

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Natural Gas Connected

Additional Features

  • Balcony
  • 3,049 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 003-0174-010

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • 6 Leased Units
  • 6 Units Leased Month-To-Month
  • Net Lease

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Garden Apartments
  • Property Subtype 1: 5 or More Units
  • Year Built: 1910
  • Stories: 3
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile, Laminate, Wood, Varies by Unit
  • Price Per Square Foot: 150.00
  • Square Footage: 6000.00

Exterior Features

  • Construction Materials: Redwood Siding, Wood Siding
  • Foundation: Concrete, Other
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 1199000.00
  • Lot Features: Other
  • New Construction: No
  • Patio And Porch Features: Balcony/Deck
  • Pool: No
  • Spa: No

Garage/Parking

  • Parking Features: Other

Utilities

  • Security: Varies By Unit
  • Sewer: Public Sewer, Other
  • Utilities: Natural Gas Connected, Electric, Other
  • Cooling: Central, Wall Unit(s), Varies by Unit
  • Heating: Central, Wall Furnace, Varies by Unit
  • Laundry Features: In Each Unit, Washer/Dryer Hookups
  • Water Source: Public, Other

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning: C-2-SPD
  • Irrigation: Other
  • Lot Size Acres: 0.0700
  • Lot Size Sq Ft: 3049.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["Rent Only","Other"]
  • Number of Leased Units: 6
  • Number of Month to Month Units: 6
  • Number of Units: 6

Tax Info

  • Assessor Parcel Number: 003-0174-010
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

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Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2024
Closed on
Mar 26, 2025
Sold by
Bought by
Seller's Agent
Matthew Sarro
Collier's International
Buyer's Agent
Erin Stumpf
Coldwell Banker Realty
List Price
$1,199,000
Sold Price
$900,000
Premium/Discount to List
-$299,000
-24.94%
Views
134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,380,000
Interest Rate
0.0687%
Mortgage Type
Credit Line Revolving
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$900,000 Chicago Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $1,380,000
Closed $500,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/04/2025 04/04/25 Sold $900,000 -24.9% $150 / Sq Ft
03/26/2025 03/26/25 Pending -- -- --
03/02/2025 03/02/25 For Sale $1,199,000 0.0% $200 / Sq Ft
02/06/2025 02/06/25 Pending -- -- --
11/21/2024 11/21/24 Price Changed $1,199,000 -7.8% $200 / Sq Ft
09/10/2024 09/10/24 Price Changed $1,300,000 -3.6% $217 / Sq Ft
07/31/2024 07/31/24 For Sale $1,349,000 0.0% $225 / Sq Ft
07/23/2024 07/23/24 Pending -- -- --
06/12/2024 06/12/24 Price Changed $1,349,000 -3.6% $225 / Sq Ft
05/23/2024 05/23/24 Price Changed $1,399,000 -0.1% $233 / Sq Ft
05/07/2024 05/07/24 For Sale $1,400,000 -- $233 / Sq Ft
Source: MetroList

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,464 $276,766 $63,704 $213,062
2024 $4,408 $271,340 $62,455 $208,885
2023 $4,310 $266,021 $61,231 $204,790
2022 $4,235 $260,806 $60,031 $200,775
2021 $4,066 $255,693 $58,854 $196,839
2020 $4,070 $253,072 $58,251 $194,821
2019 $3,991 $248,110 $57,109 $191,001
2018 $3,895 $243,246 $55,990 $187,256
2017 $3,846 $238,478 $54,893 $183,585
2016 $3,160 $233,803 $53,817 $179,986
2015 $3,111 $230,292 $53,009 $177,283
2014 $3,040 $225,782 $51,971 $173,811
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224046792

MetroList
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