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$2,150,000   Price Analysis
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1106 E St
Sacramento, CA 95814
0 bed None bath 5,500 SqFt ($390/SqFt)
3,049SqFt lot. Built 1900
Listed 2024-05-30
Ⓧ USDA Ineligible
due to price & location

near Sacramento

Located in the Heart of Downtown Sacramento steps away from Golden 1 Arena and the new Downtown Commons Entertainment District.

This unique 15 unit complex contains a vast 2 bed 1 bath unit along with a large private studio and 13 junor studio SRO units all individually addressed with all long term leases. The whole complex has been completely remodeled throughout with own private coin operated laundry.

Conveniently located near business 80 and I-5 one block away from the light rail. Across the street from the award winning Creamery roof top development in the Alkali Flats neighborhood, near restaurants and shops.


Presented by Miguel Ugarte at
Mid Valley Funding And Investment.
Listing Agent Photo

Property MLS #224058260 from MetroList

Bedrooms: 0

Total Rooms: 16

Total Bathrooms: 0

Free Standing Gas Range
Free Standing Refrigerator
Microwave
Disposal
Laundry Features: Coin Operated, Washer/Dryer Owned

Cooling Features: Ceiling Fan(s), Wall Unit(s)
Heating Features: Wall Furnace, Individual, Varies by Unit

Flooring: Laminate
Window Features: Dual Pane Partial, Varies by Unit

Fenced Yard
Yard Space

Lot Description: Sidewalk
Lot Dimensions Source: Acres
Lot Size Acres: 0.0699954
Lot Size Source: Assessor Auto-Fill
Lot Size Square Feet: 3049

Parking Features: Off Street

Existing Lease Type: Net
Gross Income: 206400
Income Includes: Rent Only

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 15

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

Washington Elementary is a public elementary school located approximately 0.5 miles away.
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Miwok Middle is a public middle school located approximately 1.6 miles away.
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C. K. Mcclatchy High School is a public high school located approximately 2.5 miles away.
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Mustard Seed School is a private elementary and middle school located approximately 0.5 miles away.
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City Region: Sacramento
Source Listing Status: Active
County: Sacramento
Cross Street: 12th
Cap Rate: 6.93
Directions: From 12th street Right on E street. Building between 11th & 12th Street Across the street from The Creamery Roof Top Development
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: 10814
Source Neighborhood: 10814
Parcel Number: 002-0116-004-0000
Zoning Description: R3A
Property Subtype: 5 or More Units
Source System Name: C2C

Relisted 2024-07-29
$2,150,000
MetroList
Listing removed 2024-07-25
$0
MetroList
Price Changed 2024-07-16
$2,150,000
MetroList
Listed 2024-05-30
$2,250,000
MetroList

Net Operating Income: 155880
Operating Expense: 43800

Total Square Feet Living: 5500
Year Built: 1900
Construction Materials: Wood Siding
Foundation Details: Raised
Property Age: 124
Property Condition: Updated/Remodeled
Roof: Composition
Building Total Stories: 3
Structure Type: Apartments
House Style: Victorian
Architectural Style: Victorian

Electric: 220 Volts
Sewer: Sewer Connected
Water Source: Public

Shower(s)

Green Energy Efficient: Appliances, Thermostat, Water Heater
Security Features: Carbon Mon Detector, 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.