$855,000
$875,000
2.3%For more information regarding the value of a property, please contact us for a free consultation.
3819 Altos AVE Sacramento, CA 95838
2,128 SqFt
Key Details
Sold Price $855,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,128 sqft
Price per Sqft $401
MLS Listing ID 224065663
Sold Date 12/27/24
HOA Y/N No
Originating Board MLS Metrolist
Year Built 2007
Lot Size 6,970 Sqft
Acres 0.16
Property Description
Explore an outstanding investment opportunity with this property featuring 3 distinct buildings on a single lot, offering a total of 4 units. Among the offerings are 2 units with 3-bed, 2-bath; a 2-bed, 1-bath; and a convenient studio unit with 1 bath. The gross income generated is a total of $83,376. The property is fully occupied by long term tenants. Tenants in 2 of the 4 units have been living there for more than 10 years. Additionally some units are due for rent increases. The property offers stabilized rents, long term tenants, and all builds have been completed with permits providing stability and consistent rental income. Located in close proximity to parks, golf courses, schools, shopping centers, and a variety of dining options, quick access to the airport, downtown area, and major highways. Great option for investors looking to expand their portfolio or enter the rental market. Don't miss your chance to acquire a valuable asset in a thriving community.
Location
State CA
County Sacramento
Area 10838
Direction Going South of Grand Ave turn left to ALtos Ave first street turn left
Interior
Heating Central, Other
Cooling Central, Window Unit(s)
Flooring Varies by Unit, Other
Laundry Other
Exterior
Parking Features Other
Utilities Available Other
Water Access Desc Public
Building
Lot Description Other
Story 1
Foundation Other
Sewer Public Sewer
Water Public
Schools
Elementary Schools Twin Rivers Unified
Middle Schools Twin Rivers Unified
High Schools Twin Rivers Unified
School District Sacramento
Others
Senior Community No
Tax ID 250-0073-011-0000
Special Listing Condition None
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Bought with Non-MLS Office