Exclusive Investment Opportunity in Sacramento, CA This well-located multifamily asset near Lakeshore Boulevard in Lakeport presents a compelling opportunity for investors seeking stable cash flow with meaningful upside. With a majority of units in clean, original condition and key system upgrades already completed, investors are well-positioned to enhance value through… Read More strategic improvements and operational efficiencies. Seller is offering the additional lot for $200,000, presenting a rare chance to expand unit count and maximize overall project value. Spanning approximately ±35,501 square feet, this parcel is zoned R3, allowing for higher-density residential development. Investors and developers have the ability to construct additional units in the rear, creating a compelling value-add or ground-up development play in a supply-constrained market. Read Less
Courtesy of Corcoran Icon Properties, Steve Belluomini (916) 769-5299
Listing Snapshot
Days Online
13
Last Updated
Property Type
Five Or More Units
Square Ft.
6,020
Lot Size
0.48 Acres
Year Built
1963
MLS Number
ML82047351
30 Days Snapshot Of 95453
$440k
+120%
(avg) sold price
1
0%
home sold
4
-60%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 21126.00, Max Area Units: Square Feet, Lot is 0.48498622589532 acres
Accessibility Features
Other
Building
6,020 structure square feet, Age: 63, Built in 1963, 3 buildings, 14 minimum units in complex
Cooling
Other
Foundation
Concrete Slab
Garage
Parking Area
Water Features
Other
Heating
Other
Tenant Pays
Other
Miscellaneous
Total expenses: 70593
Property
Zoning: R3
Roof
Other
Security Features
Other
Taxes
Annual tax amount: $12,296
Sewer
Other
Utilities
Master Water, Other
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than the office represented by this website are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. The broker providing this data believes the data to be correct, but advises interested parties to confirm all information before relying on it for a purchase decision. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings last updated on .
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