717 Lampasas AVE new Save Request In-Person Tour Request Virtual Tour
Sacramento,CA 95815
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82025514
HOA Y/N No
Year Built 1963
Annual Tax Amount $21,000
Lot Size 0.516 Acres
Property Description
Almost 150k Pro-forma rent and 6.6% CAP. 9.95 GRM. 8 units in two 4-plexes. Each unit is 2 bed/1 bath. Huge half-acre lot with the possibility to add more units with access from Traction Ave. 7 out of 8 units are completely remodeled with new luxury vinyl plank flooring, new doors, new appliances, new paint, remodeled bathrooms. All new exterior paint. The roof has been replaced in 2012. All units have dual pane windows. The property is completely gated. 16 parking spaces. 5 units rented, 3 vacant. Each building has a separate water meter. Potential subdivision of the lot into 2 regular 4plexes and resale as Non commercial or add ADUs in the back. Located in economic opportunity zone. Close to downtown, parks, schools, and shopping.
Location
State CA
County Sacramento
Area 699 - Not Defined
Zoning R-2B
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Roof Type Shingle
Total Parking Spaces 8
Building
Water Public
Schools
School District Other
Others
Tax ID 26301720120000
Special Listing Condition Standard