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  • $1,375,000

    2848 Del Paso Blvd, Sacramento, CA 95815

    10beds
    5,258sqft
    5 or More Units
    Built in 1971
    -- sqft lot
    $1,376,800 Zestimate®
    $262/sqft
    $1,578 Estimated rent

    Home value

    $1,376,800

    $1.27M - $1.53M

    $1,578/mo

    Zestimate® history
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    $1,578/mo

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    $1,578/mo

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    $8,695/mo

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    What's special

    Recessed ceiling lightingPainted kitchen cabinetsNew ceiling fansUpgraded kitchen countertopsUpgraded bathroom cabinetsBrand-new ac wall unitsDry rot throughout
    ***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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Matthew Sarro DRE #01942991 916-616-5267,

    Collier's International

    Bought with:

    Frank Thornton, DRE #01250086

    Arriaga Real Estate

    Source: MetroList Services of CA,MLS#: 223107903Originating MLS: MetroList Services, Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 9
    • Full bathrooms: 9
    Heating
    • Wall Furnace, Individual
    Cooling
    • Ceiling Fan(s), Wall Unit(s)
    Appliances
    • Laundry: Coin Operated, Common Area
    Features
    • Flooring: Laminate, Varies
    • Has fireplace: No
    Interior area
    • Total structure area: 0
    • Total interior livable area: 5,258 sqft

    Property

    Parking
    • Total spaces: 11
    • Parking features: Off Street
    Lot
    • Size: 10,018 Square Feet
    • Features: Other
    Details
    • Zoning: RMX
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5 or More Units
    Materials
    • Stucco, Wood, Wood Siding, Other
    • Foundation: Other
    Condition
    • Year built: 1971

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Connected, Electric

    Community & HOA

    Location
    • Region: Sacramento

    Financial & listing details

    • Price per square foot: $262/sqft
    • Price range: $1.4M - $1.4M
    • Date on market: 11/7/2023
    • Income includes: Rent Only, Laundry

    Price history

    DateEventPrice
    7/1/2024Sold$1,375,000$262/sqft
    Source: MetroList Services of CA #223107903 Report a problem
    5/1/2024Pending sale$1,375,000$262/sqft
    Source: MetroList Services of CA #223107903 Report a problem
    2/24/2024Price change$1,375,000-1.8%$262/sqft
    Source: MetroList Services of CA #223107903 Report a problem
    2/17/2024Listed for sale$1,400,000$266/sqft
    Source: MetroList Services of CA #223107903 Report a problem
    1/26/2024Pending sale$1,400,000$266/sqft
    Source: MetroList Services of CA #223107903 Report a problem
    11/21/2023Listed for sale$1,400,000$266/sqft
    Source: MetroList Services of CA #223107903 Report a problem
    11/14/2023Pending sale$1,400,000$266/sqft
    Source: MetroList Services of CA #223107903 Report a problem
    11/7/2023Listed for sale$1,400,000$266/sqft
    Source: MetroList Services of CA #223107903 Report a problem
    6/8/2023Listing removed--
    Source: Zillow Rentals Report a problem
    5/19/2023Price change$995-9.1%
    Source: Zillow Rentals Report a problem
    3/22/2023Listed for rent$1,095
    Source: Zillow Rentals Report a problem
    6/30/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    6/14/2022Listed for rent$1,095
    Source: Zillow Rental Manager Report a problem
    7/16/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    7/9/2021Listed for rent$1,095
    Source: Zillow Rental Manager Report a problem
    5/14/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    5/7/2021Listed for rent$1,095+13.1%
    Source: Zillow Rental Manager Report a problem
    11/20/2020Listing removed$968
    Source: Zillow Rental Manager Report a problem
    10/22/2020Price change$968-2.7%
    Source: Zillow Rental Manager Report a problem
    10/1/2020Listed for rent$995
    Source: Zillow Rental Manager Report a problem
    5/24/2020Listing removed$995
    Source: Zillow Rental Manager Report a problem
    5/18/2020Listed for rent$995
    Source: Zillow Rental Manager Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: South Hagginwood

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,376,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,376,800