$3,298,000 Price Analysis    ♡   Sacramento, CA 95811 13 bed 1 bath 703 SqFt ($4691/SqFt) 6,534SqFt lot. Built 1952 Listed 2024-03-21, Taxes $11,116 | Ⓧ USDA Ineligible due to price & location near Sacramento |
Turton Commercial Real Estate is please to exclusively offer for sale 1720 N Street
Dubbed the Ambassador Gardens'' and herein referenced as the Pro perty'', as a rare opportunity to acquire a centrally located multifamily asset in the urban core of Sacramento. The Property is being offered for sale at $3, 298, 000, representing pricing of approximately $235, 571 per unit. Consisting of 14 residential units, a laundry room with coin oprated machines and covered parking, Ambassador Gardens provides a healthy unit mix of one 3 bedroom 1.5 bathroom floorplan, one two bed one bath, eight 1 bed 1 bath units and four studio options.
The Property is currently 71% occupied and has received over $100, 000 in various improvements including vacant unit renovations, new fixtures and appliances, fresh exterior paint and a new water heater. Ambassador Gardens is poised for stabilization to 100% occupancy at market rents and represents a strong value-add'' opportunity for any multifamily investor.
Presented by Jack B Scurfield at
Ken Turton, Broker.
Property MLS #224027091 from MetroList
Heating Features: Electric, Hot Water
Lot Dimensions Source: Acres
Lot Size Acres: 0.15
Lot Size Square Feet: 6534
Parking Total: 3
Calculated Total Monthly Association Fees: 0
Number of Studio Units: 4
Number of 1 Bedroom Units: 8
Number of 2 Bedroom Units: 1
Number of 3 Bedroom Units: 1
Bedrooms in Unit-1: 2
Full Bathrooms in Unit-1: 1
Total Rooms in Unit-1: 4
Unit-1 Square Feet: 703
Unit 1 Total Actual Rent: 1600
High School District: Sacramento Unified
Middle or Junior School District: Sacramento Unified
Map directions Map directions Map directions Map directions Map directionsNumber of Units Leased: 10
Tenant Pays: Electricity, Water
County: Sacramento
Cross Street: 18th St
Directions: Down N Street between 17th & 18th.
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: Sacramento Midtown
Source Neighborhood: 10811
Parcel Number: 006-0235-007-0000
Zoning: R-3A-SPD
Property Subtype: Apartments
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $711,531 + $79,966 $791,497 | $11,116 |
| 2021 | $697,580 + $78,399 $775,979 | $10,626 |
| 2020 | $690,428 + $77,596 $768,024 | $10,664 |
| 2019 | $676,891 + $76,075 $752,966 | $10,451 |
| 2018 | $663,619 + $74,584 $738,203 | $10,182 |
| 2017 | $650,607 + $73,122 $723,729 | $10,034 |
| 2016 | $637,850 + $71,689 $709,539 | $9,484 |
| 2015 | $628,269 + $70,613 $698,882 | $9,335 |
| 2014 | $615,963 + $69,230 $685,193 | $9,112 |
| 2013 | $613,180 + $68,918 $682,098 | $9,013 |
| 2012 | $601,157 + $67,567 $668,724 | $8,695 |
| 2011 | $589,370 + $66,243 $655,613 | $8,526 |
| 2010 | $584,966 + $65,748 $650,714 | $8,378 |
| 2009 | $586,356 + $65,905 $652,261 | $8,360 |
| 2008 | $574,859 + $64,613 $639,472 | $8,198 |
| 2007 | $563,588 + $63,347 $626,935 | $8,002 |
$3,298,000
MetroList
Listing removed 2023-11-02
$3,595,000
MetroList
Relisted 2023-07-21
$3,595,000
MetroList
Listing removed 2023-07-20
$0
MetroList
Listed 2023-06-26
$3,595,000
MetroList
Sold 2002-12-19
$1,190,000
Public Record
Sold 1993-05-25
$565,000
Public Record
Sold 1992-04-09
$475,000
Public Record
Sold 1985-12-16
$830,000
Public Record
Sold 1981-01-09
$262,500
Public Record
Sold 1978-06-01
$426,500
Public Record
Construction Materials: Brick, Stucco, Frame, Glass
Foundation Details: Brick/Mortar, Concrete
Levels: Two
Property Age: 72
Levels or Stories: 2
Structure Type: 5 or More Units
City
Water Source: Public
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  | ||
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.