Address
2848 Del Paso Boulevard, Sacramento, CA
Price
$ 1,375,000
Property Attributes
- MLS#223107903
- TypePending
- CountySACRAMENTO
- CitySacramento
- AreaSacramento
- Zip95815
- Style5 or More Units
- Price$ 1,375,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size10,019 SqFt
Data Source:
MetroList MLS
Property Description
***PRICE REDUCED & Owner will include the adjacent vacant lot next door at 2856 Del Paso Blvd which is .12 Acres zoned RMX. This property is Currently grossing $11,700/month!***This 11-Unit apartment building is the best deal on the market currently at a 6.3% CAP rate and only $125K/unit The building has also been remodeled completely on the the exterior and All electrical panels were just replaced. In 2023, the property underwent a transformative exterior upgrade, enhancing its aesthetic appeal. The improvements included a fresh coat of paint applied to the upstairs flooring and the exterior of the complex. In addition, cedar wood was added to the front of the building giving it a modern and stylish touch. In 2020, a new 100-gallon water heater tank was installed to serve the entire complex. Any dry rot throughout the complex was diligently addressed to ensure the property's durability and turn-key appeal. The unit mix consists of two studios, eight 1-bedroom/1-bathroom, and one 2-bedroom/1-bathroom units. Recent improvements include upgraded kitchen countertops, painted kitchen cabinets, upgraded bathroom cabinets, new ceiling fans, and recessed ceiling lighting. All 11-units have brand-new AC wall units.
| Price History | |
|---|---|
| 11/7/2023 | Listed $1,400,000 |
| 2/24/2024 | 2% - $1,375,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Wall Furnace,Individual |
| Cooling | Ceiling Fan(s),Wall Unit(s) |
| Utilities | Natural Gas Connected,Electric |
| Unit 1 Rent | 1330 |
| Garage Spaces | 0.0 |
| Construction Materials | Stucco,Wood,Wood Siding,Other |
| Year Built | 1971 |
| Stories | 2 |
| Property SubType | 5 or More Units |
| County | Sacramento |
| Property Type | ResidentialIncome |
| HOA / Comm Assn | No |
| Close Price | 0.0 |
| Status | Pending |
| Directions | Take ramp onto I-80-BR E (Capital City Fwy) toward Sacramento. Take exit 4A toward I-5/Redding/CA-99 onto I-5 N. Take exit 521A toward Garden Hwy. Turn left onto Garden Hwy. Continue on Arden-Gar |
| City | Sacramento |
| Buyer Agent Compensation | 2.5% |
| High School District | Sacramento Unified |
| Zoning Description | RMX |
| Open Parking Spaces | 0.0 |
| Total Units | 11 |
| MLS Area | 10815 |
| Lot Size Square Feet | 10019.0 |
| Carport Spaces | 0.0 |
| Street Name | Del Paso |
| Standard Status | Pending |
| Middle/Junior School District | Sacramento Unified |
| Elementary School District | Sacramento Unified |
| Year Built Source | Owner |
| Buyer Agent Compensation Type | Percent |
Interior Features
| Flooring | Laminate,Varies by Unit |
|---|---|
| Total Stories | 2 |
| Unit 1 Full Baths | 9 |
| Unit1Bedrooms | 12 |
| Street Suffix | Boulevard |
| Laundry Features | Coin Operated,In Common Area |
| Unit 1 Bedroom Units Total | 8 |
| Unit 2 Bedroom Units Total | 1 |
| UnitTypeStudioUnitsTotal | 2 |
Exterior Features
| Parking Features | Off Street |
|---|---|
| Lot Features | Other |
| Water Source | Public |
| Total Parking | 11.0 |
| Foundation Details | Other |
| Number of Buildings | 1 |
| Lot Size Acres | 0.23 |
| Lot Size Source | Not Verified |
| Covered Spaces | 0.0 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 95815
Price
Visits
Year Built
Walkscore
All measurements and all 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. Data maintained by MetroList© may not reflect all real estate activity in the market.
All real estate content on this site is subject to the Federal Fair Housing Act of 1968, as amended, which makes it illegal to advertise any preference, limitation or discrimination because of race, color, religion, sex, handicap, family status or national origin or an intention to make any such preference, limitation or discrimination.
MetroList CA data last updated: May 18, 2024 8:55 PM UTC 