Address
2711 P Street Sacramento, CA
Price
$ 4,800,000
Property Attributes
  • MLS#20051637
  • TypeIncome
  • CountySACRAMENTO
  • CitySacramento
  • Zip95816
  • Style
  • Price$ 4,800,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Lot Size12,632 SqFt
Listing Provided Courtesy Of:
Michael Mathios CalBRE# - 01252862 with Cushman & Wakefield
Property Description

Location, Location, Location is what describes this opportunity best!! This community provides for an excellent value add opportunity for the next owner to finish upgrading the units with higher end finishes. Currently 10 of the 24 units have been updated. RUBS have been implemented for all the new incoming tenants. 100% rent collection since COVID-19 hit. The property is fully gated thus restricting foot traffic through the property. The units are small in size therefore lowering turnover and maintenance costs. Great investment property for the investor who wants a clean and easy asset!

Elementary School Middle School High School
Sacramento Unified Elementary School Sacramento Unified Middle School Sacramento Unified High School
Price History
8/31/2020 Listed $4,800,000

General Features

Air Refrig Wall Units
Amenities Separate Lndry Fclty
Apn 007-0272-019-000
Area 10816
Cc&rs No
Census Tract 0.00
Construction Frame, Wood
Energy Features Ceiling Fan(s), Dual Pane Full, Varies by Unit
HOA San Francisco Association of REALTORS
HOA No
Parking Open, Street
Property Description Location, Location
Property Subtype 5 or More Units
School County Sacramento
Stories 2
Total # Leasable 24
Total Number Indiv Units 24
Year Built 1957
Zoning R-3A-SPD

Interior Features

# of 1 Bedroom Units 24
Equipment Cable TV Available, Elect Water Heater
Floor Covering(s) Carpet, Linoleum/Vinyl, Tile, Varies by Unit
Furnished Y/N None
Heating Baseboard, Electric
Kitchen Appliances Range Elec F/S
Unit 1 Apx Sq Ft 440
Unit 2 Apx Sq Ft 440
Unit 3 Apx Sq Ft 440
Unit 4 Apx Sq Ft 440
Unit 4 Full Baths 1

Exterior Features

Unit 1 Bedrooms 1
Unit 1 Full Baths 1
Unit 1 Rent 1350
Unit 2 Bedrooms 1
Unit 2 Full Baths 1
Unit 2 Rent 1195
Unit 3 Bedrooms 1
Unit 3 Full Baths 1
Unit 3 Rent 1095
Unit 4 Bedrooms 1
Unit 4 Rent 1350
Acres 0.2900
Exterior Brick, Stucco
Roof Description Comp Shingle, Flat/Low Pitch
Total # Of Bldgs 2
Uncovered Parking 8

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 95816

Price
AVG $1.21M
$4.8M
Visits
AVG 58
76
Year Built
AVG 1921
1957

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