NOT LISTED FOR SALE
8 Beds
4 Baths
2,400 Sq Ft
0.25 Acres Lot

Sale Details

Date Sold: July 19, 2022

Last sale price $850,000 $354 Per Sq Ft

17 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property
  • Security Gate
  • Laundry Facilities

About This Home

As of July 2022

Solid investment opportunity. Its a unique 6 units apartment in the middle of single family homes. 2 bedroom 1 bath each . Single story building. One building. Slab foundation. Stucco on the outside. Dual pane windows. Low maintenance. All units are occupied. 3 section 8 tenants and 3 regular tenants. All units are in good condition. 4 tenants have been there for over 2 years. Total monthly rent is $7206. One of the best investment properties on the market with great cash flow. Rents are below market. Market rents in that area are over $1400 now. It has tons of potential to get much higher return in the future. Laundry room can be utilized to get extra income. If you are doing an exchange then this is your property to hold for long term. Sacramento market is super hot and the rents are sky rocketing. This is the time to get in and enjoy the return on your money. Its a must see.

Last Agent to Sell the Property

Mohammed Jalal

American Realty & Financial Group License #01423211 Listed on: 05/21/2022

Last Buyer's Agent

Shawn Saelao

LPT Realty, Inc License #02151195

LPT Realty, Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 10,890 Sq Ft Lot

Home Design

  • Concrete Foundation
  • Slab Foundation
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Security Gate
  • Washer and Dryer Hookup

Flooring

  • Laminate
  • Tile
  • Vinyl

Parking

  • 5 Parking Spaces
  • Uncovered Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace

Listing and Financial Details

  • Security Deposit $9,500
  • Tenant pays for rent only
  • Assessor Parcel Number 251-0301-032

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Amenities

  • Laundry Facilities

Building Details

  • 6 Leased Units
  • 4 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0.25 Acres

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Subtype 1: 5 or More Units
  • Stories: 1
  • Year Built: 1960
  • Levels: One
  • Stories: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile, Laminate, Vinyl

Exterior Features

  • Construction Materials: Wood
  • Disclosures/Documents: Estoppel Certificate
  • Foundation: Concrete, Slab
  • Listing Price: 900000.00
  • Lot Features: Shape Regular
  • Roof: Shingle

Garage/Parking

  • Parking Features: Uncovered
  • Total Parking Spaces: 5.00

Utilities

  • Security: Security Gate
  • Sewer: In & Connected
  • Utilities: Electric
  • Cooling: Wall Unit(s)
  • Heating: Wall Furnace
  • Laundry Features: In Common Area, Washer/Dryer Hookups
  • Water Source: Meter on Site

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Twin Rivers Unified

Lot Info

  • Zoning Description: R1
  • Irrigation: Public District
  • Lot Size Acres: 0.2500
  • Lot Size Sq Ft: 10890.00

Rental Info

  • Tenant Pays: Rent Only
  • Total Deposit: 9500
  • Total # Leasable: 6

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 6
  • Number of Month to Month Units: 4
  • Number of Units: 6
  • Two Bedroom Annual Occupancy: 100
  • Two Bedroom Rent Range: 1200

Tax Info

  • Assessor Parcel Number: 251-0301-032
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 Prior Sale
07/19/2022 07/19/22 Sold $850,000 -5.6% $354 / Sq Ft
06/07/2022 06/07/22 Pending -- -- --
06/01/2022 06/01/22 Price Changed $900,000 -5.3% $375 / Sq Ft
05/21/2022 05/21/22 For Sale $950,000 +37.7% $396 / Sq Ft
02/02/2021 02/02/21 Sold $690,000 +0.1% $288 / Sq Ft View Prior Sale
01/12/2021 01/12/21 Pending -- -- --
01/12/2021 01/12/21 For Sale $689,000 +16.8% $287 / Sq Ft
10/04/2016 10/04/16 Sold $590,000 -1.0% $246 / Sq Ft View Prior Sale
09/15/2016 09/15/16 Pending -- -- --
06/03/2016 06/03/16 For Sale $596,000 -- $248 / 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 $11,119 $884,340 $124,848 $759,492
2024 $10,692 $867,000 $122,400 $744,600
2023 $10,745 $850,000 $120,000 $730,000
2022 $8,676 $703,800 $102,000 $601,800
2021 $7,980 $632,597 $64,331 $568,266
2020 $7,899 $626,112 $63,672 $562,440
2019 $7,794 $613,836 $62,424 $551,412
2018 $7,422 $601,800 $61,200 $540,600
2017 $7,586 $590,000 $60,000 $530,000
2016 $5,318 $400,000 $38,000 $362,000
2015 $3,944 $300,000 $60,000 $240,000
2014 $4,103 $301,361 $70,317 $231,044
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 222066901

MetroList
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