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$3,050,000   Price Analysis
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2281 Hurley Way
Sacramento, CA 95825
0 bed None bath 12,750 SqFt ($239/SqFt)
0.7 acre lot. Built 1977
Listed 2024-06-24, Taxes $32,236
Ⓧ USDA Ineligible
due to price & location

near Sacramento

Colliers is pleased to present Hurley North

An 18-unit multi-family apartment community in the Arden/Arcade submarket of Sacramento. Hurley North sits on a 0.7-acre parcel and consists of 12, 804 square feet of living space. This community offers a desirable unit mix of twelve, one-bedroom/one-bathroom, four, two-bedroom/two-bathroom and two, two-bedroom/one-bathroom units.

The current owner has updated 15 of 18 units, completed all dry-rot repairs and performed extensive work on all balconies. Interior remodels vary by unit, but all include new flooring, paint and kitchen and bathroom touchs. The laundry room was extensively remodeled throughout, including brand new machines. The new owner will have the option to maintain the community pool or abandon and create a BBQ/seating area as well as additional tandem parking spaces.


Presented by Matthew Sarro at
Collier's International Ca, In.


Property MLS #224068087 from MetroList

Bedrooms: 0

Total Bathrooms: 0

Varies By Unit
Laundry Features: Washer/Dryer Owned

Cooling Features: Central
Heating Features: Central

Flooring: Varies by Unit

Lot Description: Corner, Private, Garden, Landscape Back, Landscape Front
Lot Dimensions Source: Acres
Lot Size Acres: 0.7
Lot Size Source: Not Verified
Lot Size Square Feet: 30492

Parking Features: Off Street
Parking Total: 18

Existing Lease Type: Net
Income Includes: Rent Only, Laundry

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 18
Bedrooms in Unit-1: 2
Full Bathrooms in Unit-1: 1
Unit 1 Total Actual Rent: 1700

Elementary School District: Sacramento Unified
High School District: Sacramento Unified
Middle or Junior School District: Sacramento Unified

Greer Elementary School is a public elementary school located approximately 0.1 miles away.
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Encina Preparatory High School is a public middle and high school located approximately 0.3 miles away.
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Shalom School is a private elementary school located approximately 0.8 miles away.
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City Region: Sacramento
Source Listing Status: Active
County: Sacramento
Cross Street: Bell Street
Cap Rate: 5.23
Directions: Hurley North on the Corner of Hurley Way and Bell Street in Sacramento CA.
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
Source Property Type: Residential Income
Area: 10825
Source Neighborhood: 10825
Parcel Number: 285-0140-043
Zoning Description: RD-30
Property Subtype: 5 or More Units
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$2,196,962 + $420,470
$2,617,432
$32,236
2022$2,153,885 + $412,226
$2,566,111
$32,055
2021$2,111,652 + $404,144
$2,515,796
$31,536
2020$1,550,400 + $387,600
$1,938,000
$24,318
2019$1,520,000 + $380,000
$1,900,000
$23,844
2018$1,379,482 + $152,101
$1,531,583
$19,433
2017$1,352,434 + $149,119
$1,501,553
$19,372
2016$1,325,916 + $146,196
$1,472,112
$18,115
2015$1,306,000 + $144,000
$1,450,000
$17,808
2014$682,110 + $233,200
$915,310
$11,560
2013$596,700 + $204,000
$800,700
$11,101
2012$585,000 + $200,000
$785,000
$9,691
2011$668,800 + $211,200
$880,000
$10,694
2010$1,376,829 + $220,290
$1,597,119
$18,298
2009$1,380,100 + $220,814
$1,600,914
$18,174
2008$1,353,040 + $216,485
$1,569,525
$17,814
2007$1,326,510 + $212,241
$1,538,751
$17,436

Relisted 2024-07-29
$3,050,000
MetroList
Listing removed 2024-07-25
$0
MetroList
Listed 2024-06-24
$3,050,000
MetroList
Sold 2020-02-11
$2,490,000
Public Record
Sold 2018-10-24
$1,888,500
Public Record
Listing removed 2017-01-28
$850
Zumper
Listed for rent 2017-01-18
$850
Zumper
Sold 2014-08-08
$1,450,000
Public Record
Sold 2003-08-29
$1,450,000
Public Record
Sold 2000-09-19
$730,000
Public Record
Sold 1981-06-03
$163,500
Public Record

Irrigation Source: Meter on Site

Total Square Feet Living: 12750
Year Built: 1977
Construction Materials: Redwood Siding
Foundation Details: Concrete
Living Area Source: Not Verified
Property Age: 47
Building Total Stories: 2
Structure Type: Apartments, Garden Apartments

Sewer: Public Sewer
Natural Gas Connected
Electric
Water Source: Meter on Site

Security Features: Varies By Unit, Security Gate
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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.