We are pleased to present the opportunity to acquire this 10-unit multi-family property, features a mix of 8 one-bedroom/one-bathroom units, & 2 two-bedroom/1-bathroom units, 7% Cap Rate, plenty of outside parking, laundry hookups, some unit have been renovated, Section 8 Vouchers in over half the units Allowing For Guaranteed Income. Offered at $140,000/Unit. Close to Restaurants, Retailers, Schools & Downtown Sacramento. A Must See!
Closed
$1,275,000
724 Lampasas Ave #Sacramento, Sacramento, CA 95815
12beds
--sqft
5 or More Units
Built in 1964
-- sqft lot
$1,204,400 Zestimate®
$--/sqft
$1,881 Estimated rent
Home value
$1,204,400
$1.05M - $1.41M
$1,881/mo
Zestimate® history
Owner options
List your home for rent
$1,881/mo
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$1,881/mo
Rent Zestimate®
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$8,071/mo
Est. payment
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$8,071/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Frank Thornton DRE #01250086 916-205-5204,
Arriaga Real Estate
Bought with:
Matthew Sarro, DRE #01942991
Collier's International
Source: MetroList Services of CA,MLS#: 223107420Originating MLS: MetroList Services, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Wall Furnace
Cooling
- Wall Unit(s)
Appliances
- Laundry: Washer/Dryer Hookups
Features
- Flooring: Tile, Laminate
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 12
- Parking features: Detached, Uncovered
- Has garage: Yes
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Fencing: Fenced
Lot
- Size: 10,018 Square Feet
- Features: Shape Regular, Sidewalk
Details
- Zoning: R2b
- Special conditions: Offer As Is,Other
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5 or More Units
Materials
- Stucco, Wood
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1964
Utilities & green energy
- Water: Public
- Utilities for property: Natural Gas Connected, Sewer Connected
Community & HOA
Location
- Region: Sacramento
Financial & listing details
- Price range: $1.3M - $1.3M
- Date on market: 5/1/2024
- Income includes: Rent Only
Price history
| Date | Event | Price |
|---|---|---|
| 11/1/2025 | Listing removed | $1,500 |
Source: Zillow Rentals Report a problem | ||
| 10/7/2025 | Listed for rent | $1,500+15.4% |
Source: Zillow Rentals Report a problem | ||
| 7/8/2025 | Listing removed | $1,300 |
Source: Zillow Rentals Report a problem | ||
| 5/21/2025 | Listed for rent | $1,300 |
Source: Zillow Rentals Report a problem | ||
| 5/10/2025 | Listing removed | $1,300 |
Source: Zillow Rentals Report a problem | ||
| 4/9/2025 | Listed for rent | $1,300+30% |
Source: Zillow Rentals Report a problem | ||
| 11/23/2024 | Listing removed | $1,000 |
Source: Zillow Rentals Report a problem | ||
| 11/20/2024 | Listed for rent | $1,000-25.9% |
Source: Zillow Rentals Report a problem | ||
| 10/1/2024 | Listing removed | $1,350 |
Source: Zillow Rentals Report a problem | ||
| 8/22/2024 | Listed for rent | $1,350 |
Source: Zillow Rentals Report a problem | ||
| 8/22/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/10/2024 | Listed for rent | $1,350+12.5% |
Source: Zillow Rentals Report a problem | ||
| 6/25/2024 | Sold | $1,275,000-1.8% |
Source: MetroList Services of CA #223107420 Report a problem | ||
| 5/1/2024 | Pending sale | $1,299,000 |
Source: MetroList Services of CA #223107420 Report a problem | ||
| 4/6/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/15/2024 | Price change | $1,299,000-3.7% |
Source: MetroList Services of CA #223107420 Report a problem | ||
| 3/9/2024 | Pending sale | $1,349,000 |
Source: MetroList Services of CA #223107420 Report a problem | ||
| 2/29/2024 | Price change | $1,349,000-3.6% |
Source: MetroList Services of CA #223107420 Report a problem | ||
| 2/20/2024 | Pending sale | $1,399,900 |
Source: MetroList Services of CA #223107420 Report a problem | ||
| 11/21/2023 | Listed for sale | $1,399,900+47.4% |
Source: MetroList Services of CA #223107420 Report a problem | ||
| 11/6/2023 | Listed for rent | $1,200 |
Source: Zillow Rentals Report a problem | ||
| 12/3/2019 | Sold | $950,000-13.6% |
Source: MetroList Services of CA #19045166 Report a problem | ||
| 7/7/2019 | Pending sale | $1,100,000 |
Source: Arriaga Real Estate #19045166 Report a problem | ||
| 6/27/2019 | Listed for sale | $1,100,000+88% |
Source: Arriaga Real Estate #19045166 Report a problem | ||
| 2/23/2016 | Sold | $585,000+58.1% |
Source: MetroList Services of CA #16000643 Report a problem | ||
| 5/29/2012 | Sold | $370,000 |
Source: MetroList Services of CA #11089272 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Old North Sacramento
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Nearby schools
GreatSchools rating
- 4/10Northwood Elementary SchoolGrades: K-6Distance: 0.7 mi
- 1/10Martin Luther King Jr. Technology AcademyGrades: 7-8Distance: 0.6 mi
- 4/10Grant Union High SchoolGrades: 9-12Distance: 1.7 mi
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Estimated market value
$1,204,400
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
$1,204,400
- California
- Sacramento County
- Sacramento
- 95815
- Old North Sacramento
- 724 Lampasas Ave Unit Sacramento
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