Homes for sale - 748 Lampasas AVE, Sacramento, CA 95815

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Valerie Gross

HomeSmart ICARE

valerie@sacareahomes.com +1(916) 625-6375

$ 649,800

Est. payment | -/mo

1,944 SqFt

Save

$ 649,800

Est. payment | -/mo

Save

1,944 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,944 sqft

Price per Sqft $334

MLS Listing ID 224127296

HOA Y/N No

Originating Board MLS Metrolist

Year Built 1955

Lot Size 6,970 Sqft

Acres 0.16

Property Description

Exceptional investment opportunity! This beautifully renovated quadruplex features four spacious units, 2 units rented with reliable, on-time paying tenants (1 unit with section 8 tenant). The current rents are below market and due for increase. Two units will be vacated by mid December. Other two of the units have leases ending in February and March (potential to get higher paying tenants). With modern upgrades and well-maintained interiors, this property is turnkey and perfect for the savvy investor. Each apartment has 2 A/C wall units that are fairly new. A must-see for those seeking steady rental income and long-term value. It is priced well below market value. The seller is retiring and is winding down their real estate investments, so a great opportunity to own an income-producing investment.

Location

State CA

County Sacramento

Area 10815

Direction From El Camino ave, turn north on Evergreen Ave and left on Lampasas Ave to the property on the left.

Rooms

Basement None

Interior

Heating Separate, Gas

Cooling Ceiling Fan(s), Wall Unit(s), MultiUnits

Flooring Tile, Laminate, Vinyl, Linoleum

Window Features Dual Pane Full,Window Coverings,Window Screens

Appliance Free Standing Gas Oven, Built-In Electric Oven, Free Standing Gas Range, Free Standing Refrigerator, ENERGY STAR Qualified Appliances

Laundry Other

Exterior

Exterior Feature Fenced Yard, Yard Space, Play Area

Parking Features Side-by-Side, Street, Uncovered

Utilities Available Natural Gas Connected, City, Electric

Water Access Desc Water District,Meter on Site

Roof Type Shingle,Composition

Topography Level

Porch Covered Patio

Total Parking Spaces 5

Building

Lot Description Curb(s), Shape Regular, Landscape Back, Landscape Front

Story 1

Foundation Concrete, Slab

Sewer In & Connected, Public Sewer

Water Water District, Meter on Site

Architectural Style Ranch

Level or Stories One

Schools

Elementary Schools Dry Creek Joint

Middle Schools Dry Creek Joint

High Schools Center Joint Unified

School District Sacramento

Others

Senior Community No

Tax ID 263-0202-004-0000

Special Listing Condition None

Listed by ERA Carlile Realty Group

Helping real estate be simple, fun and stress-free!

+1(916) 625-6375

valerie@sacareahomes.com

1891 E Roseville Pkwy, Roseville, CA, 95661

748 Lampasas AVE Sacramento, CA 95815