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Adrian Del Rio
PCG Commercial, Inc
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691 El Camino Ave., Sacramento is an 8 unit in the heart of the rejuvenated North Sacramento market. This small gated apartment complex is comprised of all 1 bedroom with 1 bath units approximately 540 SF with an onsite laundry facility. The units are separately metered for electrical and gas. The units also feature dual pane windows, wall heating & air, updated appliances (varies), along with one (1) central water heater. Four (4) of the unit interiors were upgraded with paint, appliances, and flooring. The exterior was also improved with a modernized paint pallet with light fixtures. Many of the leases are well below market with an average rental rate of $1,043. A recently rented unit leased for $1,214 signifying that there's a loss-to-lease rent of approximately $16,416 if all the units were paying the new rental rate. Furthermore, there are two vacant units that can be leased at market rate. Plus, the ownership recently implemented RUBS on the new leases to help offset utility costs.
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Sewer: Public Sewer
Roof : Composition
Laundry Features: Washer/Dryer Leased,In Common Area
Composition
Tile,Laminate,Vinyl
Heating: Gas,Hot Water
Cooling: Wall Unit(s),Window Unit(s)
Water Source: Public
Year Built: 1949
Stories: 2
Construction: Stucco,Wood,Masonry
Roof: Composition
Foundation Details: Raised
Foundation Details: Raised
Washer/Dryer Leased,In Common Area
Lot Description: Sidewalk,Landscape Front
Lot Square Feet: 6,098
Property Type: ResidentialIncome
Sub Type: 5 or More Units
Construction Materials: Stucco,Wood,Masonry
Property Age: 75
Cross Street: Del Paso Blvd
Source Neighborhood: 10815
Postal Code Plus 4: 2440
Area: Sacramento S: 95815
Zoning: RB-2
Structure Type: Apartments,Garden Apartments
Irrigation Source: Public District
Listing Id: 224028767
List Price: $1,225,000
Parcel Number: 263-0242-016-0000
Parking Total: 6
Off Street,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,City,Electric
Electric: 220 Volts
Direction: Business I80 exit El Camino Ave. West, the property will be on the right hand side.
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 05/05/2024 @ 22:48
MLS: 224028767
LISTED BY: Adrian del Rio, PCG Commercial, Inc
SOURCE: MLS Metrolist
Buyer Agency Compensation: 2.5%
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.