Active

748 Lampasas Avenue

Sacramento CA, 95815

$649,800


$324.90 per sqft

Active

4 Beds

4 Baths

2,000 sqft

Multi-family

Built in 1955

Exceptional investment opportunity! This beautifully renovated quadruplex features four spacious units, 2 units rented with reliable, on-time paying tenants (1 unit with section 8 tenant). The current rents are below market and due for increase. Two units will be vacated by mid December. Other two of the units have leases ending in February and March (potential to get higher paying tenants). With modern upgrades and well-maintained interiors, this property is turnkey and perfect for the savvy investor. Each apartment has 2 A/C wall units that are fairly new. A must-see for those seeking steady rental income and long-term value. It is priced well below market value. The seller is retiring and is winding down their real estate investments, so a great opportunity to own an income-producing investment.

224127296

MLS ID

November 17, 2024

Listed

December 25, 2024

Updated

Map

748 Lampasas Avenue
Sacramento CA, 95815

Interior Features

Total Stories

1


Bedrooms

4


Total Bathrooms

4


Full Bathrooms

4


Interior Features

Tile, Laminate, Vinyl, Linoleum


Appliances

Free-Standing Gas Oven, Built-In Electric Oven, Free-Standing Gas Range, Free-Standing Refrigerator, ENERGY STAR Qualified Appliances


Laundry Description

Other


Floor Description

Tile, Laminate, Vinyl, Linoleum


Fireplace

No


Cooling

Yes


Cooling Description

Ceiling Fan(s), Wall Unit(s), Multi Units


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Lot Size

0.16 Acres


Lot Features

Level


Architectual Style

Ranch


Roof

Shingle, Composition


Sewer

Public Sewer

School Information

School District

Dry Creek Joint

Other Property Details

Garage

No


Parking

Side By Side, On Street


Parking Total

5


View

No


County

Sacramento


Pool

No


Zoning

R-2B

Courtesy of ERA Carlile Realty Group, Sumandeep Dhaliwal,
Listing Contact:  

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