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2711 P Street $4,800,000

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    2711 P Street Sacramento, CA 95816

    • 0 Beds
    • 0 Baths
    • Multi-Family
    • MLS# 20051637
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    Views: 6

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    Property Details

    Location, Location, Location is what describes this opportunity best!! This community provides for an excellent value add opportunity for the next owner to finish upgrading the units with higher end finishes. Currently 10 of the 24 units have been updated. RUBS have been implemented for all the new incoming tenants. 100% rent collection since COVID-19 hit. The property is fully gated thus restricting foot traffic through the property. The units are small in size therefore lowering turnover and maintenance costs. Great investment property for the investor who wants a clean and easy asset!

    • General Features
      • Approx. Lot Sq. Ft. 12632
      • HOA No
      • HOA Dues $0
      • Tenant Pays Cable, Electric, Rent Only
      • Year Built 1957
      • County Sacramento
    • Building Features
      • Air Conditioning Refrig Wall Units
      • Heat Baseboard, Electric
      • Unit 1 Approx. SqFt. 440
      • Unit 2 Approx. SqFt. 440
      • Unit 3 Approx. SqFt. 440
      • Unit 4 Approx. SqFt. 440
      • Construction Frame, Wood
      • Roof Description Comp Shingle, Flat/Low Pitch
      • Amenities Separate Lndry Fclty
      • Equipment Cable TV Available
      • Exterior Brick, Stucco
      • Furnished None
      • Kitchen Appliances Range Elec F/S
    • Property Features
      • Acreage 0.29
      • Parking Open, Street
      • Energy Features Ceiling Fan(s), Dual Pane Full, Varies by Unit
    • Schools
      • Elementary School Sacramento Unified
      • Middle School Sacramento Unified
      • High School Sacramento Unified

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    Neighborhood

    95816 (Sacramento) Demographics

    35 Median Age
    8,392 Population Density (per sq. mile)
    62% College Educated
    $54,777 Estimated Median Income
    2,744 Estimated Total Home Owners
    7,115 Estimated Total Renters
    28% / 72% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    17,178 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    17 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $4,800,000
        8/31/2020 1:45:00 PM New in Database Source New Value: $4,800,000

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        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 9/25/2020 9:20:58 AM. 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

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.