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

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 21, 2022
Closed on
Jul 14, 2022
Sold by
Bought by
Seller's Agent
Mohammed Jalal
American Realty & Financial Group
Buyer's Agent
Shawn Saelao
LPT Realty, Inc
List Price
$950,000
Sold Price
$850,000
Premium/Discount to List
-$100,000
-10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,500
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 12, 2021
Closed on
Jan 28, 2021
Sold by
Bought by
Seller's Agent
Nancy Duyen Duong
Preferealty.com Corporation
Buyer's Agent
Mohammed Jalal
American Realty & Financial Group
List Price
$689,000
Sold Price
$690,000
Premium/Discount to List
$1,000
0.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.35%

Purchase Details

Listed on
Jun 3, 2016
Closed on
Sep 27, 2016
Sold by
Bought by
Seller's Agent
David Hosbein
David Hosbein
Buyer's Agent
David Hosbein
David Hosbein
List Price
$596,000
Sold Price
$590,000
Premium/Discount to List
-$6,000
-1.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.68%
Original Mortgage
$410,000
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 16, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 11, 2014
Sold by
Bought by

Purchase Details

Closed on
Sep 17, 2012
Sold by
Bought by

Purchase Details

Closed on
Mar 3, 2009
Sold by
Bought by

Purchase Details

Closed on
Feb 26, 2008
Sold by
Bought by

Purchase Details

Closed on
Sep 27, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 3, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.21%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 28, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 17, 2002
Sold by
Bought by

Purchase Details

Closed on
Jul 16, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,620
Interest Rate
7.21%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 24, 2000
Sold by
Bought by

Purchase Details

Closed on
Jul 14, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,300
Interest Rate
8.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 4, 1999
Sold by
Bought by
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
$850,000 Chicago Title
$690,000 First American Title Company
$590,000 Fidelity National Title Comp
$400,000 First American Title Company
$300,000 First American Title Company
-- Placer Title Company
$300,000 Placer Title Company
$220,000 Placer Title Company
$421,935 Financial Title Company
-- California Land Title Marin
$240,500 Chicago Title Co
-- First American Title Co
-- --
$227,000 Old Republic Title Company
-- --
-- --
-- North American Title Guarant
$139,000 North American Title Guarant
-- --
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
Open $840,000
Closed $637,500
Previous Owner $410,000
Previous Owner $356,250
Previous Owner $75,000
Previous Owner $160,000
Previous Owner $275,000
Previous Owner $409,500
Previous Owner $160,000
Previous Owner $158,620
Previous Owner $97,300
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
2026 $11,119 $902,025 $127,344 $774,681
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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