$740,000
$750,000
1.3%For more information regarding the value of a property, please contact us for a free consultation.
6,991 Sqft Lot
SOLD DATE : 12/27/2022
Key Details
Sold Price $740,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 222141208
Sold Date 12/27/22
HOA Fees $33/qua
HOA Y/N Yes
Year Built 1964
Lot Size 6,991 Sqft
Acres 0.1605
Lot Dimensions 62x123x64x123
Property Sub-Type Quadruplex
Source MLS Metrolist
Property Description
10.78 Current GRM with additional Meat on the Bone! Simply the best GRM and Gross income in the county for a fourplex@ this price. Current scheduled GI & proforma on vacant units is $69528. 2 units are rented, & 2 units are rent ready. Some updating in 3 of the 4 units with a near complete remodel of unit 1 just completed. Still significant room for improvement over time with the two occupied units. See Attached a pest inspection & a whole house inspection. Price is reflective of inspections.
Location
State CA
County Sacramento
Area 10825
Direction Directions From Howe Ave take Northrop than right onto Carro Drive. From Fulton Take Northrop than left onto Carro Drive.
Rooms
Other Rooms Unit-1 Type: Apartment Approx SqFt: 900 Bedrooms: 2 Full Baths: 1 Total Rooms: 4 Occupancy: Vacant Rent: 2000 SqFt Source: Not Measured Unit-2 Type: Apartment Approx SqFt: 900 Bedrooms: 2 Full Baths: 1 Total Rooms: 4 Occupancy: Tenant Rent: 1130 SqFt Source: Not Measured Unit-3 Type: Apartment Approx SqFt: 700 Bedrooms: 1 Full Baths: 1 Total Rooms: 3 Occupancy: Tenant Rent: 864 SqFt Source: Not Measured Unit-4 Type: Apartment Approx SqFt: 1100 Bedrooms: 3 Full Baths: 1 Partial Baths: 1 Total Rooms: 5 Occupancy: Vacant Rent: 2000 SqFt Source: Not Measured
Interior
Heating Central
Cooling Window Unit(s)
Flooring Carpet, Laminate, Vinyl, Varies by Unit
Window Features Dual Pane Full,Window Screens
Appliance Free Standing Electric Range
Laundry Other
Exterior
Parking Features Garage
Garage Spaces 4.0
Utilities Available Natural Gas Connected, Electric
Amenities Available Cabana Club
Water Access Desc Public
View City
Roof Type Composition
Topography Level
Porch Varies by Unit
Total Parking Spaces 8
Building
Lot Description Landscape Front
Story 2
Foundation Slab
Sewer In & Connected
Water Public
Architectural Style Contemporary
Level or Stories Two
Schools
Elementary Schools San Juan Unified
Middle Schools San Juan Unified
High Schools San Juan Unified
School District Sacramento
Others
HOA Fee Include Pool
Senior Community No
Tax ID 294-0021-016-0000
Space Rent $864
Special Listing Condition Other
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