NOT LISTED FOR SALE

Estimated Value: $1,117,000 - $1,135,000

8 Beds
6 Baths
3,509 Sq Ft
$321/Sq Ft Est. Value

Last Sold April 04, 2025

Last sale price $1,125,000 $321 Per Sq Ft

Current estimated payment $6,622/month

186 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Wood Siding
  • Miwok Middle School Rated A-
  • Central Heating and Cooling System

About This Home

As of April 2025

The property brings in $7,250/month yielding a 5.36% cap rate based on actuals. PRICE REDUCED! Remodeled fourplex with an EXCELLENT UNIT MIX in the heart of Midtown Sacramento! The property consists of 1-bedroom/1-bathroom unit (700 square feet), 2-bedroom/1-bathroom unit (800 square feet), 2-bedroom/2-bathroom unit (700 square feet), and 3-bedroom/2-bathroom unit (1,000 square feet). 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.

Last Agent to Sell the Property

Matthew Sarro

Collier's International CA, Inc. License #01942991 Listed on: 09/14/2024

Last Buyer's Agent

Erin Stumpf

Coldwell Banker Realty License #01706589

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,573

Year Built

  • Built in 1985

Lot Details

  • 3,049

Home Design

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

Flooring

  • Laminate
  • Tile
  • Vinyl

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Additional Features

  • 2-Story Property
  • 3,049 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 003-0174-011

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,573

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Garden Apartments
  • Property Subtype 1: Quadruplex
  • Year Built: 1985
  • Architectural Style: Other
  • Stories: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile, Laminate, Vinyl, Varies by Unit

Exterior Features

  • Construction Materials: Wood Siding, Other
  • Foundation: Concrete
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 1125000.00
  • Lot Features: Other
  • New Construction: No
  • Pool: No
  • Spa: No

Garage/Parking

  • Parking Features: Varies by Unit

Utilities

  • Security: Varies By Unit
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Electric
  • Cooling: Central, Varies by Unit
  • Heating: Central, Varies by Unit
  • Laundry Features: In Each Unit, Varies by Unit, Washer/Dryer Hookups
  • Water Source: Meter on Site

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"]
  • Total Number Leasable: 4
  • Number of Leased Units: 4
  • Number of Month to Month Units: 4
  • Number of Units: 4

Tax Info

  • Assessor Parcel Number: 003-0174-011
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2024
Closed on
Mar 26, 2025
Sold by
Leon Family Trust and Leon Frank
Bought by
Gb 20Th Llc
Seller's Agent
Matthew Sarro
Collier's International CA, Inc.
Buyer's Agent
Erin Stumpf
Coldwell Banker Realty
List Price
$1,200,000
Sold Price
$1,125,000
Premium/Discount to List
-$75,000
-6.25%
Views
64
Current Estimated Value
$1,126,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,827
Avg. Annual Appreciation
0.56%
Original Mortgage
$1,380,000
Outstanding Balance
$1,355,771
Interest Rate
6.87%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$228,944

Purchase Details

Closed on
Oct 13, 2016
Sold by
Leon Frank and Leon Enedina
Bought by
Leon Frank and Leon Enedina

Purchase Details

Closed on
Mar 14, 1996
Sold by
Bankers Trust Company
Bought by
Leon Frank and Leon Enedina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,300
Interest Rate
7.84%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 17, 1996
Sold by
Lambeth John and Lambeth Alanna
Bought by
Bankers Trust Company Of California Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,300
Interest Rate
7.84%
Mortgage Type
Construction
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Gb 20Th Llc $1,125,000 Chicago Title
Gb 20Th Llc $1,125,000 Chicago Title
Leon Frank -- None Available
Leon Frank $48,000 Old Republic Title Company
Bankers Trust Company Of California Na $70,650 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gb 20Th Llc $1,380,000
Closed Gb 20Th Llc $1,380,000
Previous Owner Leon Frank $247,800
Previous Owner Leon Frank $275,000
Previous Owner Leon Frank $195,000
Previous Owner Leon Frank $166,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 Sold $1,125,000 -6.3% $321 / Sq Ft
03/19/2025 03/19/25 Pending -- -- --
09/14/2024 09/14/24 For Sale $1,200,000 -- $342 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $4,573 $341,613 $65,131 $276,482
2023 $4,467 $334,915 $63,854 $271,061
2022 $4,390 $328,349 $62,602 $265,747
2021 $4,194 $321,912 $61,375 $260,537
2020 $4,216 $318,612 $60,746 $257,866
2019 $4,130 $312,365 $59,555 $252,810
2018 $4,025 $306,241 $58,388 $247,853
2017 $3,970 $300,238 $57,244 $242,994
2016 $3,732 $294,352 $56,122 $238,230
2015 $3,677 $289,931 $55,279 $234,652
2014 $3,585 $284,253 $54,197 $230,056
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224101174

MetroList

APN: 003-0174-011