Exclusive Investment Opportunity in Sacramento, CA
This well-located multifamily asset near Lakeshore Boulevard in Lakeport presents
a compelling opportunity for investors seeking stable cash flow with meaningful
upside. With a majority of units in clean, original condition and key system
upgrades already completed, investors are well-positioned to enhance value
through strategic improvements and operational efficiencies.
Seller is offering the additional lot for $200,000, presenting a rare chance to
expand unit count and maximize overall project value.
Spanning approximately ±35,501 square feet, this parcel is zoned R3, allowing for
higher-density residential development. Investors and developers have the ability to
construct additional units in the rear, creating a compelling value-add or ground-up
development play in a supply-constrained market.
76 days
|
291
|
5
|
Zillow last checked:
Listing updated:
Listed by:
Steve Belluomini01095848650-207-5253,
Corcoran Icon Properties650-578-0200
Source: MLSListings Inc,MLS#: ML82047351
Facts & features
Interior
Heating
Other
Cooling
Other
Features
Doors: Other
Interior area
Total structure area: 6,020
Total interior livable area: 6,020 sqft
Property
Parking
Parking features: Parking Area
Has carport: Yes
Accessibility
Accessibility features: Other
Lot
Size: 1.3 Acres
Details
Parcel number: 0 2 8 2 5 1 0 5 0 0 0 0
Zoning: R3
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Five Or More Units, Residential Income
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.