$2,400,000 Price Analysis    ♡   Sacramento, CA 95824 22 bed 4 bath 2,430 SqFt ($987/SqFt) 0.47 acre lot. Built 1958 Listed 2024-02-15, Taxes $3,286 | Ⓧ USDA Ineligible due to price & location near Sacramento |
Great investment opportunity with upside potential.
2 story, 16 unit building (+/-10, 256 RSF) with onsit coin operated laundry.
Roomy apartments all renovated with granite counter to ps, wood laminate flooring and updated appliances.
Presented by Melinda Menigoz at
Parker Stevenson Brokerage.
Property MLS #224014021 from MetroList
Bedrooms: 22
Laundry Features: Coin Operated, In Common Area
Cooling Features: Wall Unit(s)
Heating Features: Wall Furnace
Heating Features: Wall Furnace
Full Bathrooms: 4
Flooring: Laminate, Linoleum
Window Features: Caulked/Sealed, Dual Pane Full
Window Features: Caulked/Sealed, Dual Pane Full
Lot Description: Corner
Lot Dimensions Source: Acres
Lot Size Acres: 0.47
Topography: Level
Lot Size Square Feet: 20473
Lot Dimensions Source: Acres
Lot Size Acres: 0.47
Topography: Level
Lot Size Square Feet: 20473
Open Parking Spaces: 19
Parking Features: Off Street, Street, Uncovered
Parking Total: 19
Parking Features: Off Street, Street, Uncovered
Parking Total: 19
Association: No
Calculated Total Monthly Association Fees: 0
Maintenance Expense: 16650
Calculated Total Monthly Association Fees: 0
Maintenance Expense: 16650
Number of Buildings: 1
Number of 1 Bedroom Units: 10
Number of 2 Bedroom Units: 6
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 2
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Total Rooms in Unit-1: 4
Total Rooms in Unit-2: 4
Total Rooms in Unit-3: 4
Total Rooms in Unit-4: 5
Unit-1 Square Feet: 560
Unit-2 Square Feet: 560
Unit-3 Square Feet: 590
Unit-4 Square Feet: 720
Unit 1 Total Actual Rent: 934
Unit 2 Total Actual Rent: 1195
Unit 3 Total Actual Rent: 980
Unit 4 Total Actual Rent: 1474
Number of 1 Bedroom Units: 10
Number of 2 Bedroom Units: 6
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 2
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Total Rooms in Unit-1: 4
Total Rooms in Unit-2: 4
Total Rooms in Unit-3: 4
Total Rooms in Unit-4: 5
Unit-1 Square Feet: 560
Unit-2 Square Feet: 560
Unit-3 Square Feet: 590
Unit-4 Square Feet: 720
Unit 1 Total Actual Rent: 934
Unit 2 Total Actual Rent: 1195
Unit 3 Total Actual Rent: 980
Unit 4 Total Actual Rent: 1474
Elementary School District: Sacramento Unified
High School District: Sacramento Unified
Middle or Junior School District: Sacramento Unified
High School District: Sacramento Unified
Middle or Junior School District: Sacramento Unified
Pacific Elementary School is a public elementary school located approximately 0.3 miles away.
Map directions
Map directionsFern Bacon Middle School is a public middle school located approximately 0.7 miles away.
Map directions
Map directionsC. K. Mcclatchy High School is a public high school located approximately 2.8 miles away.
Map directions
Map directionsSt. Patrick's Succeed Academy is a private elementary and middle school located approximately 0.5 miles away.
Map directions
Map directionsGross Income: 195300
Income Includes: Coin Operated Equipment, Manager's Unit
Lease Term: Lease/Month to Month Mix
Number of Units Leased: 15
Tenant Pays: Cable TV, Electricity, Gas
Income Includes: Coin Operated Equipment, Manager's Unit
Lease Term: Lease/Month to Month Mix
Number of Units Leased: 15
Tenant Pays: Cable TV, Electricity, Gas
Annual Tax Amount: 27687
Source Listing Status: Active
County: Sacramento
Cross Street: 43rd Avenue
Directions: From Hwy 99 Exit at 47th Ave head West; Turn Right on Martin Luther King Jr. Blvd. Property is 0.2 miles up on the right.
Disclaimer: All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Copyright 2024, MetroList Services, Inc. Any offer of compensation in the real estate content on this site is made exclusively to Broker Participants of the MetroList MLS & Broker Participants of any
Other Expense: 8637
Source Property Type: Residential Income
Insurance Expense: 9875
Area: Sacramento Elder Creek/Fruitridg
Manager Expense: 10495
Source Neighborhood: 10824
Parcel Number: 037-0181-009-0000
Postal Code Plus 4: 3549
Zoning: RD-30
Property Subtype: Apartments, Garden Apartments
Source System Name: C2C
Source Listing Status: Active
County: Sacramento
Cross Street: 43rd Avenue
Directions: From Hwy 99 Exit at 47th Ave head West; Turn Right on Martin Luther King Jr. Blvd. Property is 0.2 miles up on the right.
Disclaimer: All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Copyright 2024, MetroList Services, Inc. Any offer of compensation in the real estate content on this site is made exclusively to Broker Participants of the MetroList MLS & Broker Participants of any
Other Expense: 8637
Source Property Type: Residential Income
Insurance Expense: 9875
Area: Sacramento Elder Creek/Fruitridg
Manager Expense: 10495
Source Neighborhood: 10824
Parcel Number: 037-0181-009-0000
Postal Code Plus 4: 3549
Zoning: RD-30
Property Subtype: Apartments, Garden Apartments
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $145,959 + $97,305 $243,264 | $3,286 |
| 2021 | $143,098 + $95,398 $238,496 | $3,145 |
| 2020 | $141,631 + $94,420 $236,051 | $3,167 |
| 2019 | $138,854 + $92,569 $231,423 | $3,218 |
| 2018 | $136,132 + $90,754 $226,886 | $3,145 |
| 2017 | $133,463 + $88,975 $222,438 | $3,110 |
| 2016 | $130,847 + $87,231 $218,078 | $2,773 |
| 2015 | $128,882 + $85,921 $214,803 | $2,737 |
| 2014 | $126,358 + $84,238 $210,596 | $2,668 |
| 2013 | $125,787 + $83,858 $209,645 | $2,674 |
| 2012 | $123,321 + $82,214 $205,535 | $2,583 |
| 2011 | $120,903 + $80,602 $201,505 | $2,535 |
| 2010 | $1,241,845 + $161,979 $1,403,824 | $15,822 |
| 2009 | $1,244,796 + $162,364 $1,407,160 | $22,232 |
| 2008 | $1,220,389 + $159,181 $1,379,570 | $22,092 |
| 2007 | $1,196,460 + $156,060 $1,352,520 | $21,231 |
Listed 2024-02-15
$2,400,000
MetroList
Listing removed 2021-07-13
$0
MetroList
Relisted 2021-05-02
$2,400,000
MetroList
Listing removed 2021-05-01
$0
MetroList
Listed 2021-02-27
$2,400,000
MetroList
Sold 2010-02-18
$200,000
Public Record
Listing removed 2009-05-25
$999,000
MetroList
Listed 2009-04-04
$999,000
MetroList
Sold 2004-10-29
$1,300,000
Public Record
Sold 2003-02-19
$875,000
Public Record
Sold 2000-11-30
$970,000
Public Record
Sold 1997-01-08
$283,000
Public Record
Sold 1993-08-06
$165,000
Public Record
Sold 1978-01-03
$43,500
Public Record
$2,400,000
MetroList
Listing removed 2021-07-13
$0
MetroList
Relisted 2021-05-02
$2,400,000
MetroList
Listing removed 2021-05-01
$0
MetroList
Listed 2021-02-27
$2,400,000
MetroList
Sold 2010-02-18
$200,000
Public Record
Listing removed 2009-05-25
$999,000
MetroList
Listed 2009-04-04
$999,000
MetroList
Sold 2004-10-29
$1,300,000
Public Record
Sold 2003-02-19
$875,000
Public Record
Sold 2000-11-30
$970,000
Public Record
Sold 1997-01-08
$283,000
Public Record
Sold 1993-08-06
$165,000
Public Record
Sold 1978-01-03
$43,500
Public Record
Irrigation Source: Irrigation Connected
Net Operating Income: 155427
Operating Expense: 4985
Operating Expense Includes: Property Tax, Rent/Lease, Electricity, Gas, Insurance, Trash, Utilities, Vacancy Allowance, Manager, Water/Sewer
Operating Expense: 4985
Operating Expense Includes: Property Tax, Rent/Lease, Electricity, Gas, Insurance, Trash, Utilities, Vacancy Allowance, Manager, Water/Sewer
Electric: 220 Volts
Sewer: Public Sewer
Cable Available
Natural Gas Connected
DSL Available
Internet Available
Water Source: Public
Sewer: Public Sewer
Cable Available
Natural Gas Connected
DSL Available
Internet Available
Water Source: Public
Year Built: 1958
Construction Materials: Stucco, Frame, Wood
Foundation Details: Raised
Property Age: 66
Property Condition: Updated/Remodeled
Roof: Roof Description:Composition
Levels or Stories: 2
Structure Type: 5 or More Units
House Style: Traditional
Construction Materials: Stucco, Frame, Wood
Foundation Details: Raised
Property Age: 66
Property Condition: Updated/Remodeled
Roof: Roof Description:Composition
Levels or Stories: 2
Structure Type: 5 or More Units
House Style: Traditional
Security Features: Carbon Mon Detector, Fire Extinguisher, Smoke Detector
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.