12
Beds
9
Baths
0.23
Acre Lot
***PRICE REDUCED & Owner will include the adjacent vacant lot next door at 2856 Del Paso Blvd which is .12 Acres zoned RMX. This property is Currently grossing $11,700/month!***This 11-Unit apartment building is the best deal on the market currently at a 6.3% CAP rate and only $125K/unit The building has also been remodeled completely on the the exterior and All electrical panels were just replaced. In 2023, the property underwent a transformative exterior upgrade, enhancing its aesthetic appeal. The improvements included a fresh coat of paint applied to the upstairs flooring and the exterior of the complex. In addition, cedar wood was added to the front of the building giving it a modern and stylish touch. In 2020, a new 100-gallon water heater tank was installed to serve the entire complex. Any dry rot throughout the complex was diligently addressed to ensure the property's durability and turn-key appeal. The unit mix consists of two studios, eight 1-bedroom/1-bathroom, and one 2-bedroom/1-bathroom units. Recent improvements include upgraded kitchen countertops, painted kitchen cabinets, upgraded bathroom cabinets, new ceiling fans, and recessed ceiling lighting. All 11-units have brand-new AC wall units.
223107903
Residential - Multi-Family, 2 Story
12
9 Full
1971
Sacramento
0.23
Acres
Public
2
Stucco,Wood
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
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Bike Score
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Courtesy: Matthew Sarro, Collier's International CA, Inc.
Agent License: 01942991