Fantastic Investment opportunity in one of Sacramento's fastest growing neighborhoods, Oak Park/Med Center. Over 3,000sqft total in 2 total buildings spread across a 4,792sqft lot. FRONT unit: 3bed, 1bath, ~1,000sqft, detached home, laundry in unit. BACK BUILDING; SECOND FLOOR; 2 UNITS: 1bed, 1bath, ~600sqft & 1bed, 1bath, ~600sqft, two story building, laundry in both units, and large storage closets. FIRST FLOOR; Large ~720sqft storage area with full bathroom, (2) one car garages, 1 additional storage area. The back units are new construction 2024, the front house has undergone extensive renovations and retrofits which should leave the next owner with little future on going maintenance. This is an excellent opportunity for an investor looking for a stable asset in Sacramento with a ton of potential upside. This could also make a good investment for someone that wants to live in one unit and rent the other three. Take advantage of a property in excellent condition located in an excellent neighborhood.
Nestled in the vibrant and sought-after Midtown area in the heart of Sacramento you'll find this quiet and peaceful 16 - unit (potentially 17'th unit- in planning review process) complex. This well-maintained turn-key opportunity consists of 12 - 1 Bedroom, 2 - 2 Bedroom, 2 - 3 Bedrooms at the moment, patiently awaiting the 17 Studio Unit addition with private parking in the back. Some recent major renovations done to put any investor as ease include a new roof and gutters, new electrical and panels, & new main sewer line. Other upgrades include onsite laundry with 2 New Commercial Washers and Dryers which accept quarters and PayRange App ($10k Value) & a modern computer controlled Energy-Efficient commercial water heater. New wall furnaces, security and decorative LED lighting, new garbage disposals, smoke and carbon detectors, new paint and Schlage keyless entries. For security and monitoring it has, 10 remotely accessed surveillance cameras throughout the exterior & Intercom access security gates in the front and rear. Walking into the private courtyard with tropical landscaping, accent lighting, beautiful and ornate statues and fountains will leave you breathless. Come take a look and add this superb investment to your portfolio!
Excellent turn-key investment. A great opportunity to own 4 darling & desirable detached cottages on one lot, centrally located on a quiet street near shopping, restaurants & downtown. 3226,3228 & 3230 W Street are all cute 1 bedroom, 1 full bath cottages with lots of character and charm. Each property features a comfortable living room, spacious kitchen, and inside laundry hook-ups. 3226 is located over the 3-car garage and features 2 bedrooms & 1 full bath & W/D hook-ups. Garage spaces are offered to the tenants to rent for additional income. Tenants pay gas & electricity. Close to everything; UC Davis Medical Center, downtown, award winning schools, shopping, parks & freeway access. PLEASE DO NOT DISTURB THE TENANTs. Tenants are on Month-to-Month leases. Tenants pay separately metered gas & electricity. Rents are $1,395, $1,321, $1,595, and $1,695 per month. In addition to rents, tenants also pay a total of $224, combined per month, towards sewer/water/garbage. Total monthly income is $6,230. Total annual income is $74,760. GRM is 14.3 and 7% Cap Rate. A fantastic investment opportunity with lots of potential.
Clean and renovated eight unit complex in North Oak Park near the Medical Center. These one bedroom units lease fast and there is a vacancy to show currently. The property was fully renovated and the units are well maintained.
The median home value in Sacramento, CA is $427,200. This is lower than the county median home value of $489,000. The national median home value is $338,100. The average price of homes sold in Sacramento, CA is $427,200. Approximately 47.71% of Sacramento homes are owned, compared to 47.44% rented, while 4.86% are vacant. Sacramento real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Sacramento real estate agent to arrange a tour today!
Sacramento, California 95817 has a population of 518,605. Sacramento 95817 is less family-centric than the surrounding county with 26.13% of the households containing married families with children. The county average for households married with children is 33.01%.
The median household income in Sacramento, California 95817 is $71,074. The median household income for the surrounding county is $76,422 compared to the national median of $69,021. The median age of people living in Sacramento 95817 is 35.2 years.
The average high temperature in July is 92.6 degrees, with an average low temperature in January of 39.1 degrees. The average rainfall is approximately 19.9 inches per year, with 0 inches of snow per year.