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$525,000   Price Analysis
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3251 24th Ave
Sacramento, CA 95820
3 bed 2 bath 1,301 SqFt ($403/SqFt)
6,098SqFt lot. Built 1939
Listed 2024-04-20, Taxes $1,628
Ⓧ USDA Ineligible
due to location

near Sacramento

Introducing a fantastic investment opportunity in the heart of Sacramento

California! Located at 3251 and 3247 24th Ave, this multi-family property offrs two homes on one lot, perfect for maximizing rental income or even living in one unit while renting out the other. With a lot size of 6098 sqft and a total floor size of 1260 sqft, this property has plenty of space for both tenants and potential future development. The front home is bursting with character and features two bedrooms, one bath and a front room that can be utilized as an additional living space or office.

The bathroom and flooring have recently been remodeled, giving the home a fresh and modern feel. With new tenants already in place, this is a turnkey opportunity for investors. Brand new ADU completed and ALL DONE WITH PERMITS. Thi s gorgeous home is bright and cheery, boasting a roomy floor plan with 1 bedrooms and 1 bathroom. The charming kitchen is equipped with all new appliances, kitchen cabinets providing ample storage, a lazy susan and built-in pantry. The bedroom and bathroom are conveniently located off the extraordinary room, which offers plenty of space for a family room / dining room combo. Walking distance to restaurants and shops.


Presented by Darlene Tucker at
Multisource.


Property MLS #ML81962332 from MLSListings

Bedrooms: 3

Laundry Features: Washer/Dryer - Some Units

Cooling Features: Ceiling Fan, Window / Wall Unit
Heating Features: Floor Furnace , Other Heating

Full Bathrooms: 2

Lot Size Acres: 0.1399908
Lot Size Source: Assessor
Lot Size Square Feet: 6098

Parking Features: Common Parking Area, Off-Street Parking, On Street, Uncovered Parking
Parking Total: 6

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 2
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Unit-1 Square Feet: 762
Unit-2 Square Feet: 538
Unit 1 Total Actual Rent: 2000
Unit 2 Total Actual Rent: 1500

Elementary School District: Sacramento City Unified
High School District: Sacramento City Unified

Ethel Phillips Elementary School is a public elementary school located approximately 0.3 miles away.
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C. K. Mcclatchy High School is a public high school located approximately 1.6 miles away.
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California Middle School is a public middle school located approximately 1.9 miles away.
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Mvp Diamond Academy is a private middle school located approximately 0.5 miles away.
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Gross Scheduled Income: 42000
Income Includes: Rents

Horse Amenities: No

Annual Tax Amount: 3900
Source Listing Status: Active
County: Sacramento
Cross Street: Franklin Ave
Directions: Take highway 80 to 99 exit 12th Avenue.Turn right, go to the first stop Light Turn left at the light onto franklin, follow to 24th on yout left.
Source Property Type: Residential Income (2-4 units)
Inclusions: Oven/Range - All Units, Permits - Special, Refrigerator - All Units, Updated Bath(s) - All Units
Insurance Expense: 1400
Area: Sacramento Elder Creek/Fruitridge - 10820
Source Neighborhood: Sacramento Elder Creek/Fruitridge - 10820
Ownership Type: Individual
Parcel Number: 022-0012-029-0000
Postal City: SACRAMENTO
Zoning: R-1
Property Subtype: Multiple Dwellings / Structures
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$76,680 + $58,822
$135,502
$1,628
2021$39,238 + $34,534
$73,772
$891
2020$38,836 + $34,180
$73,016
$894
2019$38,075 + $33,510
$71,585
$874
2018$37,329 + $32,853
$70,182
$850
2017$36,598 + $32,209
$68,807
$836
2016$35,881 + $31,578
$67,459
$784
2015$35,343 + $31,104
$66,447
$2,472
2014$34,651 + $30,495
$65,146
$2,509
2013$34,495 + $30,358
$64,853
$2,347
2012$33,819 + $29,763
$63,582
$2,188
2011$33,156 + $29,180
$62,336
$2,188
2010$32,909 + $28,962
$61,871
$2,017
2009$32,988 + $29,031
$62,019
$2,044
2008$32,342 + $28,462
$60,804
$4,352
2007$31,708 + $27,904
$59,612
$673

Listed 2024-04-20
$525,000
MLSListings
Sold 2022-04-25
$311,000
Public Record
Sold 1993-12-30
$47,000
Public Record

Operating Expense: 5300
Operating Expense Includes: Insurance

Total Square Feet Living: 1301
Year Built: 1939
Foundation Details: Concrete Perimeter, Concrete Slab
Property Age: 85
Roof: Composition
Levels or Stories: 1
Total Area Sqft: 1301
Year Built Source: Assessor

Sewer: Sewer - Public, Sewer Connected
Public Utilities
Water Source: Public

Security Features: Security Fence
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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.