Sacramento, CA 95815,2848 Del Paso BLVD
Sacramento, CA 95815,2848 Del Paso BLVD
Sacramento, CA 95815,2848 Del Paso BLVD
Sacramento, CA 95815,2848 Del Paso BLVD
Sacramento, CA 95815,2848 Del Paso BLVD
Sacramento, CA 95815,2848 Del Paso BLVD
See all 11 photos

$1,375,000

$1,375,000

Est.Price: ?

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Est. payment /mo

10,019 Sqft Lot


SOLD DATE : 07/02/2024

Key Details

Sold Price $1,375,000

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 223107903

Sold Date 07/02/24

HOA Y/N No

Originating Board MLS Metrolist

Year Built 1971

Lot Size 10,019 Sqft

Acres 0.23

Property Description

***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.

Location

State CA

County Sacramento

Area 10815

Direction Take ramp onto I-80-BR E (Capital City Fwy) toward Sacramento. Take exit 4A toward I-5/Redding/CA-99 onto I-5 N. Take exit 521A toward Garden Hwy. Turn left onto Garden Hwy. Continue on Arden-Garden Connector. Continue on Arden Way. Keep right onto Del Paso Blvd.

Interior

Heating Wall Furnace, Individual

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

Flooring Laminate, Varies by Unit

Laundry Coin Operated, In Common Area

Exterior

Garage Off Street

Utilities Available Natural Gas Connected, Electric

Water Access Desc Public

Total Parking Spaces 11

Building

Lot Description Other

Story 2

Foundation Other

Sewer Public Sewer

Water Public

Schools

Elementary Schools Sacramento Unified

Middle Schools Sacramento Unified

High Schools Sacramento Unified

School District Sacramento

Others

Senior Community No

Tax ID 265-0222-010

Special Listing Condition None

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MetroList® Services, Inc (RESO)
Listed by Collier's International CA, Inc.
Bought with Arriaga Real Estate

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