Thank you
Matthew Sarro
Collier's International CA, Inc.
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We are pleased to present two 8-unit complexes contiguous to one another, 355 & 375 El Camino Avenue, Sacramento (16-Units). This is a gated community with on-site laundry and off-street parking for the residents. The building consists of two-two bedroom/one bathroom, twelve-one bedroom/one bathroom & two-studio living units. This subject property has been upgraded throughout its entire ownership with electric stoves, wall heat/air system, upgraded cabinets and new laminate flooring in the kitchen and bathrooms. Some units have been updated with new counter tops, six panel doors, and new vanities in the bathroom as well. The floor plans are spacious with both buildings equaling 9,454 square feet. These two-story complexes were constructed with wood frame and stucco with a pitched roof. Also, a new investor should consider implementing a Ratio Utility Billing System (RUBS) on the remainder of the units to increase monthly cash flow. RUBS currently range between $50-100 per unit monthly depending on the number of tenants within the unit. These El Camino Avenue properties are located in North Sacramento on a major thoroughfare through the region. El Camino Avenue runs from Interstate-80 on the west all the way through Arden-Arcade to the American River on the east.
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Sewer: Private Sewer
Laundry Features: Other
Carpet,Tile,Laminate,Vinyl,Linoleum,Varies by Unit
Heating: Wall Furnace
Cooling: Wall Unit(s),Other
Water Source: Meter on Site
Year Built: 1958
Stories: 2
Construction: Brick,Redwood Siding,Stucco
Foundation Details: Concrete
Foundation Details: Concrete
Other
Lot Description: Central BBQ,Private,Garden,Landscape Front
Lot Square Feet: 14,810
Stories: 2
Property Type: ResidentialIncome
Sub Type: 5 or More Units
Construction Materials: Brick,Redwood Siding,Stucco
Property Age: 66
Cross Street: Hawthorne Street
Source Neighborhood: 10815
Postal Code Plus 4: 2150
Area: Sacramento S: 95815
Zoning: R-3
Structure Type: Garden Apartments
Irrigation Source: Meter on Site
Listing Id: 223111793
List Price: $2,400,000
Parcel Number: 263-0224-009
Parking Total: 12
Off Street
Association YN : No
Calculated Total Monthly Association Fees : $0
Elementary School District: Sacramento Unified
Junior High School District: Sacramento Unified
Senior High School District: Sacramento Unified
Natural Gas Connected,Electric
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 Conn. Continue on Arden-Garden-Connector. Continue on Arden Way. Turn left onto Grove Ave. Turn right onto El Camino Ave.
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
2829 Rio Linda Blvd, Sacramento, CA,95815 | $385,000 | -- | -- | -- | 44431 Sqft |
2947 Rio Linda Boulevard, Sacramento, CA,95815 | $299,000 | -- | -- | -- | 32906 Sqft |
Oakmont Street, Sacramento, CA,95815 | $659,999 | 3 | 3 | 1,180 | -- |
Oakmont, Sacramento, CA,95815 | $739,000 | 3 | 3 | 1,350 | -- |
El Camino Avenue, Sacramento, CA,95815 | $419,900 | 3 | 2 | 1,436 | -- |
Plover Street, Sacramento, CA,95815 | $387,000 | 3 | 2 | 1,056 | -- |
El Monte Avenue, Sacramento, CA,95815 | $330,000 | 2 | 1 | 905 | -- |
Arden Way, Sacramento, CA,95815 | $495,000 | 3 | 2 | 1,092 | -- |
Oakmont Street, Sacramento, CA,95815 | $659,000 | -- | -- | -- | -- |
Oakmont Street, Sacramento, CA,95815 | $739,000 | -- | -- | -- | -- |
ByOwner last updated this listing 05/21/2024 @ 06:10
MLS: 223111793
LISTED BY: Matthew Sarro, Collier's International CA, Inc.
SOURCE: MLS Metrolist
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.