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3331 Folsom Boulevard $1,500,000

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    3331 Folsom Boulevard Sacramento, CA 95816

    • Commercial
    MLS# 19054138 | Pending Sale
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    Property Details

    Amazing opportunity to acquire a AAA located commercial portfolio in prestigious East Sacramento sub-market. Total investment is 2 commercial buildings totaling 10,900 sf and 2 duplexes. Property must be purchased with adjacent property APN 007-0223-016. Stable fully leased asset currently generating over $200,000 in net income (after tax reassessment) with upside over 7% achievable in the short term. Potential redevelopment opportunity due to outstanding location.

    • General Features
      • Lease Terms Other-Rmks
      • Other Expenses Other-Attch
      • Year Built 0
      • County Commercial
    • Building Features
      • Air Conditioning Central
      • Heat Central
      • Amenities Other-Attch
      • Construction Frame
      • Disability Features Other-Rmks
      • Door None
      • Miscellaneous Other-Attch
      • Loading Other-Attch
      • Roof Description Comp Shingle, Metal
      • Floor Combo of Materials
      • Exterior Metal, Shingle/Wood, Stucco
    • Property Features
      • Location Hospital Nearby, Restaurant Nearby
      • Parking Open

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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.

    Property History

    Date Event Price Percent Change
    -- Current Price Source New Value: $1,500,000
    9/12/2019 6:44:40 PM Status Changed Source New Value: Pending Sale
    7/31/2019 9:45:00 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 12/11/2019 2:49:08 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