NOT LISTED FOR SALE
Studio
1 Bath
350 Sq Ft
5,227 Sq Ft Lot

Sale Details

Date Sold: December 30, 2021

Last sale price $1,964,000 $5,611 Per Sq Ft

28 Days on Market

About This Home

As of December 2021

111-113 6th St. is a value add multifamily opportunity located just across the river from Downtown Sacramento, in West Sacramento. The property includes 4 structures, featuring a total of (15) studios. Value can be added through increased rents to market rates, as well as the ability to build more units or add additional income through ADU's. There is an on-site laundry room that includes (2) washer and (2) dryer units.

Last Agent to Sell the Property

Tim Swanston

North Coast Commercial, Inc. License #01887506 Listed on: 08/23/2021

North Coast Commercial, Inc.

Last Buyer's Agent

Tim Swanston

North Coast Commercial, Inc. License #01887506 Listed on: 08/23/2021

North Coast Commercial, Inc.
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Apartment

Year Built

  • 1941

Lot Details

  • 5,227

Property Details

Home Type

Apartment

Year Built

1941

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Sub Type: 5 or More Units
  • CapRate: 4.60
  • Directions: 80 West to Jefferson, turn on 5th, to 6th st
  • Professional Management Expense: 4399
  • Building Stories: 1
  • Special Features: None
  • Stories: 1
  • Year Built: 1941

Interior Features

  • Price Per Square Foot: 1196.83
  • Flooring: Vinyl
  • Number Of Buildings: 4
  • Stories: 1

Exterior Features

  • Foundation Details: Concrete
  • Construction Type: Stucco, Wood
  • Disclosures: None
  • Lot Features: Other

Garage/Parking

  • Parking Features: Open
  • Total Parking Spaces: 15.00

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall Furnace
  • Laundry Features: In Common Area
  • Security: Carbon Mon Detector, Double Strapped Water Heater
  • Sewer: Public Sewer
  • Utilities: All Electric, Natural Gas Connected
  • Water Source: Agricultural Well, Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Washington Unified

Lot Info

  • Lot Size Sq Ft: 5227.00
  • Zoning Description: R3

Tax Info

  • Bonds/Assessments/Taxes: Unknown

Multi Family

  • Annual Gross Income: 168864
  • Income Includes: Rent Only,Laundry
  • Insurance Expense: 3768
  • Maintenance Expense: 3500
  • Number Of Units Leased: 15
  • Number of Month to Month Units: 11
  • Number Of Units Total: 15
  • Number Of Units Vacant: 15

MLS Schools

  • School District (County): Yolo

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
Aug 23, 2021
Closed on
Dec 27, 2021
Sold by
Bought by
Seller's Agent
Tim Swanston
North Coast Commercial, Inc.
Buyer's Agent
Tim Swanston
North Coast Commercial, Inc.
List Price
$2,100,000
Sold Price
$1,964,000
Premium/Discount to List
-$136,000
-6.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,340,000
Outstanding Balance
$511,676
Interest Rate
3.05%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 9, 2021
Closed on
Jun 23, 2021
Sold by
Bought by
Seller's Agent
Justin Raneses
West Capital Real Estate
Buyer's Agent
Tim Swanston
North Coast Commercial, Inc.
List Price
$1,600,000
Sold Price
$1,650,000
Premium/Discount to List
$50,000
3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.80%
Original Mortgage
$925,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2014
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
$350,000
Interest Rate
4.17%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 17, 2012
Closed on
Aug 13, 2012
Sold by
Bought by
Seller's Agent
Perry Palamidessi
Coldwell Banker Realty
Buyer's Agent
Perry Palamidessi
Coldwell Banker Realty
List Price
$499,000
Sold Price
$400,000
Premium/Discount to List
-$99,000
-19.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
3.53%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 7, 1996
Sold by
Bought by

Purchase Details

Closed on
Nov 1, 1993
Sold by
Bought by

Purchase Details

Closed on
Oct 26, 1993
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Broderick-Bryte, CA

See All Agents

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
$1,962,500 Fidelity National Title
$1,650,000 Placer Title Company
-- Priority Title
$400,000 Placer Title Company
-- --
-- --
-- --
-- --
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 $1,340,000
Closed $1,340,000
Previous Owner $925,000
Previous Owner $350,000
Previous Owner $245,000
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 Prior Sale
01/01/2022 01/01/22 Off Market $1,964,000 -- --
12/30/2021 12/30/21 Sold $1,964,000 0.0% $5,611 / Sq Ft
12/01/2021 12/01/21 Off Market $1,964,000 -- --
09/20/2021 09/20/21 Pending -- -- --
08/23/2021 08/23/21 For Sale $2,100,000 +27.3% $6,000 / Sq Ft
06/26/2021 06/26/21 Off Market $1,650,000 -- --
06/25/2021 06/25/21 Sold $1,650,000 +3.1% -- View Prior Sale
03/22/2021 03/22/21 Pending -- -- --
03/09/2021 03/09/21 For Sale $1,600,000 +300.0% --
08/24/2012 08/24/12 Sold $400,000 -19.8% $321 / Sq Ft View Prior Sale
06/03/2012 06/03/12 Pending -- -- --
01/17/2012 01/17/12 For Sale $499,000 -- $401 / 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 $8,329 $720,673 $113,155 $607,518
2025 $8,167 $706,543 $110,937 $595,606
2023 $8,167 $679,109 $106,630 $572,479
2022 $7,614 $665,794 $104,540 $561,254
2021 $2,193 $182,194 $41,906 $140,288
2020 $2,087 $180,327 $41,477 $138,850
2019 $2,049 $176,792 $40,664 $136,128
2018 $2,011 $173,326 $39,867 $133,459
2017 $1,992 $169,929 $39,086 $130,843
2016 $1,963 $166,598 $38,320 $128,278
2015 $1,514 $164,097 $37,745 $126,352
2014 $1,514 $130,589 $20,090 $110,499
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MetroList

MLS Number: 221106664

MetroList
Your Personal Tour Guide

Ask me questions while you tour the home.