2848 Del Paso Boulevard, Sacramento, CA
$1,375,000
0.23
Acres
About 2848 Del Paso Boulevard
***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.
Facts & Features
MLS® # | 223107903 |
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Price | $1,375,000 |
Acres | 0.23 |
Year Built | 1971 |
Type | Residential Income |
Sub-Type | 5 or More Units |
Status | Active |
Community Information
Address | 2848 Del Paso Boulevard |
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Area | 10815 |
City | Sacramento |
County | Sacramento |
State | CA |
Zip Code | 95815-2361 |
Amenities
Parking Spaces | 11 |
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Parking | Off Street |
Has Pool | No |
Interior
Interior | Laminate,Varies by Unit |
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Heating | Wall Furnace,Individual |
Cooling | Ceiling Fan(s),Wall Unit(s) |
Fireplace | No |
Exterior
Lot Description | Other |
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Foundation | Other |
School Information
District | Sacramento Unified |
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Elementary | Sacramento Unified |
Middle | Sacramento Unified |
High | Sacramento Unified |
Additional Information
Zoning | RMX |
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Listing Details
Office | Collier's International CA, Inc. |
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