Excellent opportunity for an owner/user to acquire four units and leave one for themselves to occupy. The building is currently generating $10,655 a month in gross income. It is very rare to acquire two newly constructed townhomes and a remodeled duplex in a thriving location of Midtown Sacramento. The back building was built in 2022 and has (2) two bedroom/1.5 bathroom 1050 Square foot townhouse style units that is attached to a 3 car garage. Freestanding units like these sell for $850,000 each within the area. The Front building is a remodeled duplex. Both top and bottom units are 3bedroom/1bathroom 1,240 Square foot units that have been completely remodeled with laundry included. Largest fourplex available and currently a 6% cap rate on actuals.
Closed
$1,610,000
1510-1508 E St, Sacramento, CA 95814
10beds
4,580sqft
Quadruplex
Built in 1890
-- sqft lot
$1,195,000 Zestimate®
$352/sqft
$1,928 Estimated rent
Home value
$1,195,000
$1.02M - $1.40M
$1,928/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Matthew Sarro DRE #01942991 916-616-5267,
Collier's International
Bought with:
Mary Seo, DRE #01419057
JTN Real Estate Inc.
Source: MetroList Services of CA,MLS#: 224092975Originating MLS: MetroList Services, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 6
- Full bathrooms: 4
- Partial bathrooms: 2
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: In Unit, Laundry Closet
Features
- Flooring: Varies
- Has fireplace: No
Interior area
- Total structure area: 0
- Total interior livable area: 4,580 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage, Other
- Garage spaces: 3
Lot
- Size: 6,534 Square Feet
- Features: Other
Details
- Parcel number: 0020132005
- Zoning: R-3A-SPD
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Quadruplex
Materials
- Redwood Siding, Stucco
- Foundation: Concrete, Other
Condition
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Meter on Site
- Utilities for property: Natural Gas Connected, Electric
Community & HOA
Location
- Region: Sacramento
Financial & listing details
- Price per square foot: $352/sqft
- Price range: $1.6M - $1.6M
- Date on market: 8/21/2024
- Income includes: Rent Only, Other
Price history
| Date | Event | Price |
|---|---|---|
| 5/22/2025 | Sold | $1,610,000-2.4%$352/sqft |
Source: MetroList Services of CA #224092975 Report a problem | ||
| 4/17/2025 | Pending sale | $1,650,000$360/sqft |
Source: MetroList Services of CA #224092975 Report a problem | ||
| 3/7/2025 | Price change | $1,650,000-2.7%$360/sqft |
Source: MetroList Services of CA #224092975 Report a problem | ||
| 1/25/2025 | Listed for sale | $1,695,000$370/sqft |
Source: MetroList Services of CA #224092975 Report a problem | ||
| 1/5/2025 | Pending sale | $1,695,000$370/sqft |
Source: MetroList Services of CA #224092975 Report a problem | ||
| 10/17/2024 | Price change | $1,695,000-3.1%$370/sqft |
Source: MetroList Services of CA #224092975 Report a problem | ||
| 8/21/2024 | Listed for sale | $1,749,000$382/sqft |
Source: MetroList Services of CA #224092975 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Alkali Flat
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Nearby schools
GreatSchools rating
- 4/10Washington ElementaryGrades: K-6Distance: 0.7 mi
- 7/10Miwok MiddleGrades: 7-8Distance: 1.8 mi
- 6/10C. K. McClatchy High SchoolGrades: 9-12Distance: 2.6 mi
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Estimated market value
$1,195,000
Get a cash offer in 3 minutes
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Estimated market value
$1,195,000
- California
- Sacramento County
- Sacramento
- 95814
- Alkali Flat
- 1510-1508 E St
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