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$ 1,395,000
Est. payment /mo
Active
717 Lampasas Avenue Sacramento, CA 95815
7,136 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 7,136 sqft
Price per Sqft $195
MLS Listing ID ML82025514
HOA Y/N No
Year Built 1963
Lot Size 0.517 Acres
Acres 0.52
Property Sub-Type Other
Property Description
Motivated seller, priced for quick sale by EOY 25. Almost 150k Pro-forma rent and 7.2 CAP. 9.38 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
Zoning R-2B
Interior
Heating Wall Furnace
Fireplace No
Appliance Dishwasher, Refrigerator
Building
New Construction No
Others
Tax ID 2630172012000
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Listed by Alexey Blokhin • Real E-State