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6151 Fair Oaks Boulevard $949,000

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    6151 Fair Oaks Boulevard Carmichael, CA 95608

    • Commercial
    • MLS# 20053051
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    Views: 45

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    Property Details

    Rare investment opportunity in Carmichael! Cap rate 6.2%.Free standing single level 12-unit multi-tenant office on a 0.75 acre lot. Rent rate is currently much lower than the market rate. 100% occupied by long-term tenants. Landlord is receiving 100% rent payments during COVID-19. All units are in good condition. Increase in rent 2%-10% each year. Owned solar system, energy efficient lights throughout the entire building. 100% fenced yard, security system. 37 gated parking spaces.

    • General Features
      • Year Renovated 0
      • Year Built 1982
      • County Sacramento
      • Location Shopping Nearby
      • Property Subtype Office
    • Building Features
      • Construction Materials Brick
      • Cooling Central
      • Dock Doors 0
      • Building Features Sprinkler System Landscape, Sprinkler System Lawn
      • Flooring Carpet, Tile
      • Heating Central
      • Number of Floors 0
      • Number of Offices 0
      • Number of Restrooms 0
      • Industrial SqFt 0
      • Floor Num 0
      • Minimum Available SqFt 0
      • Number of Buildings 0
      • Number of Elevators 0
      • Total Units 12
      • Warehouse SqFt 0
      • Stories 1
      • Square Footage 0
      • Total Parking Spaces 37
      • Roof Tile
      • Office SqFt 0
      • Number of Truck Doors 0
    • Property Features
      • Lot Size Square Feet 0

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    Neighborhood

    95608 (Carmichael) Demographics

    42 Median Age
    4,707 Population Density (per sq. mile)
    46% College Educated
    $64,059 Estimated Median Income
    13,454 Estimated Total Home Owners
    11,986 Estimated Total Renters
    53% / 47% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    62,539 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

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

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $949,000
        9/4/2020 5:45:00 PM New in Database Source: Multiple Listing Service New Value: $949,000

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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 12/1/2021 1:04:31 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.