$3,665,000
$3,600,000
1.8%For more information regarding the value of a property, please contact us for a free consultation.
0.29 Acres Lot
SOLD DATE : 10/31/2022
Key Details
Sold Price $3,665,000
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 222085171
Sold Date 10/31/22
HOA Y/N No
Year Built 1972
Lot Size 0.294 Acres
Acres 0.2938
Property Sub-Type 5 or More Units
Source MLS Metrolist
Property Description
Calling for all Investors! Opportunity knocks for a wonderful 18 unit apartment complex consisting of 2 buildings in the heart of Mid -Town Sacramento! Villa Lampara'' is a great investment property with a 5% Cap for the savvy investor. Most 1 & 2 bedroom units are updated with granite, new paint, new flooring and are equipped with central HVAC. Completely occupied with little vacancy ever, both buildings have a 2020 new roof and there's an on site parking lot in the rear for 13 Vehicles plus street parking as well. The complex has it's own laundry facility for tenants use. Rents range from $1,095- $1,495 for one bedroom units and $1,695 for the 2 bedroom units. Ease of management and maintenance with little turnover and very little exterior upkeep. Inspection reports are available for your review! Hurry, This is a GEM!
Location
State CA
County Sacramento
Area 10818
Direction V street
Interior
Heating Central
Cooling Ceiling Fan(s), Central
Flooring Carpet, Vinyl, Varies by Unit
Appliance Free Standing Gas Range, Microwave, Dishwasher, Disposal
Laundry Coin Operated
Exterior
Parking Features Open, Street, Other
Utilities Available Cable Available, Natural Gas Connected, Internet Available
Water Access Desc Public
Roof Type Composition
Topography Trees Many
Porch Varies by Unit
Total Parking Spaces 5
Building
Lot Description Sidewalk
Story 2
Foundation Slab
Sewer In & Connected
Water Public
Level or Stories Two
Schools
Elementary Schools Sacramento Unified
Middle Schools Sacramento Unified
High Schools Sacramento Unified
School District Sacramento
Others
Senior Community No
Tax ID 010-0114-026-0000
Special Listing Condition Successor Trustee Sale
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