$1,250,000
$1,345,000
7.1%For more information regarding the value of a property, please contact us for a free consultation.
4,882 SqFt
SOLD DATE : 08/01/2024
Key Details
Sold Price $1,250,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 4,882 sqft
Price per Sqft $256
MLS Listing ID ML81966211
Sold Date 08/01/24
HOA Y/N No
Year Built 1978
Annual Tax Amount $10,812
Lot Size 10,515 Sqft
Acres 0.2414
Property Description
Excellent Investment opportunity in South Sacramento, California. 6 unit apartment complex fully occupied. 5x (2-1's) 1X (3-1). Currently Grossing $114,780 a year. 5 of 6 units have been updated with new floors, kitchen cabinets,Granite countertops and fresh paint. Complex was fitted with new dual pane windows and paint on the exterior as well. Large lot with 8 onsite parking spaces.Close proximity to Shopping Plazas and Freeways (CA 99) . Vacant laundry room can provide new ownership with additional income. Sale subject to 1031 exchange. Agent is Principal in Subject property. Buyer to cooperate with sellers 1031 Exchange at no cost to Buyer.
Location
State CA
County Sacramento
Area 699 - Not Defined
Zoning RD-20
Interior
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Utilities Available Natural Gas Available
Roof Type Shingle
Total Parking Spaces 7
Building
Water Public
Schools
Elementary Schools Pacific
Middle Schools Other
High Schools Other
School District Sacramento City Unified
Others
Tax ID 03703260010000
Financing Other
Special Listing Condition Standard
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Bought with Sukhveer Girn
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "