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
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
Area 10815
City Sacramento
County Sacramento
State CA
Zip Code 95815-2361

Amenities

Parking Spaces 11
Parking Off Street
Has Pool No

Interior

Interior Laminate,Varies by Unit
Heating Wall Furnace,Individual
Cooling Ceiling Fan(s),Wall Unit(s)
Fireplace No

Exterior

Lot Description Other
Foundation Other

School Information

District Sacramento Unified
Elementary Sacramento Unified
Middle Sacramento Unified
High Sacramento Unified

Additional Information

Zoning RMX

Listing Details

OfficeCollier's International CA, Inc.

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?