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2013 8th Street $1,150,000

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    2013 8th Street Sacramento, CA 95818

    • 0 Beds
    • 0 Baths
    • Multi-Family
    MLS# 19078356 | Active
    2 Views
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    Property Details

    Excellent value add investment opportunity as the current ownership has purposely kept rents low to limit turnover of this property, therefore there is immediate upside in rents for the next owner to take advantage of. More income upside exist as two leases have utility reimbursement language, however the current ownership is not collecting said charges, so start collecting from these two units and implement RUBS on the remaining four units to help offset the utility expenses. One of the two-bedroom units has been significantly renovated to include new cabinetry, hardware, quartz countertops, stainless steel appliances, vinyl plank flooring and more.

    • General Features
      • Approx. Lot Sq. Ft. 3354
      • HOA No
      • HOA Dues 0
      • Tenant Pays Electric, Gas/Propane, Other-Rmks
      • Year Built 1890
      • County Sacramento
    • Building Features
      • Air Conditioning Refrig Wall Units, Varies by Unit
      • Heat Furnace Wall, Natural Gas, Varies by Unit
      • Unit 1 Approx. SqFt. 550
      • Unit 2 Approx. SqFt. 550
      • Unit 3 Approx. SqFt. 550
      • Unit 4 Approx. SqFt. 715
      • Construction Wood
      • Roof Description Comp Shingle
      • Amenities None
      • Equipment Window Furnishings
      • Exterior Siding Lap, Wood
      • Furnished None
      • Kitchen Appliances Dishwasher, Disposal, Oven Gas B/I, Range Gas B/I, Range Gas F/S, Refrigerator F/S, Varies by Unit
    • Property Features
      • Acreage 0.07
      • Parking Street
      • Energy Features None
    • Schools
      • Elementary School Sacramento Unified
      • Middle School Sacramento Unified
      • High School Sacramento Unified

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    Neighborhood

    95818 (Sacramento) Demographics

    39Median Age
    5,371Population Density (per sq. mile)
    64%College Educated
    $68,085 Estimated Median Income
    4,981Estimated Total Home Owners
    4,605Estimated Total Renters
    52% / 48%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    20,629Total Population
    Community data courtesy of LiveBy, Inc.

    Property History

    Date Event Price Percent Change
    -- Current Price Source New Value: $1,150,000
    11/18/2019 5:45:00 PM New in Database Source

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    Information is provided in part by the IDX program of METROLIST SERVICES, INC. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information last updated 12/5/2019 3:52:59 PM. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Terms of Use