$850000 Price Analysis    ♡   Sacramento, CA 95825 8 bed 4 bath 950 SqFt ($894/SqFt) 7828SqFt lot. Built 1963 Listed 2024-07-03, Taxes $4003 | Ⓧ USDA Ineligible due to price & location near Sacramento |
Discover a prime investment n the heart of Arden with this four-plex condominium.
Nestled in a quiet neighborhood, this property presents an exceptional turnkey opportunity, boasting attractive rental income potential. Located in Arden, known for its serene suburban charm and proximity to Sacramento, this four-plex offers convenience and desirability. Meticulously maintained and turnkey-ready, ensuring minimal effort for new owners to start generating income immediately. Consisting of four individual units, one unit currently vacant presents an opportunity for owner-occupancy or immediate leasing at market rates.Three units are currently leased, providing stable rental income streams.Perfect for seasoned investors or those entering the real estate market, this property offers a blend of stability, potential and ease of management.Close to local amenities, schools, parks and transportation, enhancing the property's appeal to tenants seeking convenience and comfort.
With Arden Arcade's growing real estate market and high demand, this investment promises both immediate returns and long-term appreciation. If you're looking to expand your investment portfolio. This property stands ready to fulfill your goals.
Presented by Daniel Valdez at
eXp Realty of California Inc.
Property MLS #224073105 from MetroList
Heating Features: Central
Window Features: Dual Pane Partial
Parking Features: Carport
Parking Total: 4
Lot Dimensions Source: Acres
Lot Size Acres: 0.1797
Lot Size Square Feet: 7828
Calculated Total Monthly Association Fees: 0
Number of 2 Bedroom Units: 4
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
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: 2
Unit-1 Square Feet: 950
Unit 1 Total Actual Rent: 1650
Unit 2 Total Actual Rent: 1650
Unit 3 Total Actual Rent: 1650
Unit 4 Total Actual Rent: 1650
High School District: Sacramento Unified
Middle or Junior School District: Sacramento Unified
Map directions Map directions Map directionsIncome Includes: Rent Only
Number of Units Leased: 3
County: Sacramento
Cross Street: Northrup Ave
Directions: Turn on Carro Dr, go 700 feet and the house is 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
Source Property Type: Residential Income
Area: Sacto Arden/Arcade Creek/Vicinit
Source Neighborhood: 10825
Parcel Number: 285-0252-017-0000
Postal Code Plus 4: 4426
Zoning: RES
Property Subtype: Condominiums
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $214855 + $91254 $306109 | $4003 |
| 2021 | $210643 + $89465 $300108 | $3940 |
| 2020 | $208484 + $88548 $297032 | $3871 |
| 2019 | $204397 + $86812 $291209 | $3797 |
| 2018 | $200390 + $85110 $285500 | $3727 |
| 2017 | $196461 + $83442 $279903 | $3720 |
| 2016 | $192609 + $81806 $274415 | $3450 |
| 2015 | $189716 + $80578 $270294 | $3392 |
| 2014 | $107494 + $31843 $139337 | $1863 |
| 2013 | $107009 + $31700 $138709 | $1878 |
| 2012 | $104911 + $31079 $135990 | $1762 |
| 2011 | $102854 + $30470 $133324 | $1722 |
| 2010 | $102086 + $30243 $132329 | $1679 |
| 2009 | $102329 + $30315 $132644 | $1665 |
| 2008 | $100323 + $29721 $130044 | $1636 |
| 2007 | $98356 + $29139 $127495 | $1604 |
$850000
MetroList
Listing removed 2020-05-27
$0
AppfolioUnits
Listed for rent 2020-04-26
$1300
AppfolioUnits
Listing removed 2019-01-26
$0
AppfolioUnits
Price Changed for rent 2019-01-22
$1250
AppfolioUnits
Price Changed for rent 2019-01-14
$0
AppfolioUnits
Listed for rent 2018-12-25
$1250
AppfolioUnits
Sold 2014-02-14
$265000
MetroList
Listed 2013-12-01
$269999
MetroList
Sold 1991-03-08
$220000
Public Record
Sold 1988-05-11
$155000
Public Record
Construction Materials: Wood
Foundation Details: Slab
Property Age: 61
Property Condition: Varies by Unit
Roof: Roof Description:Composition
Levels or Stories: 2
Structure Type: Quadruplex
Electric
Water Source: Public
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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.