Address
355-375 El Camino Avenue, Sacramento, CA
Price
$ 2,400,000
Property Attributes
- ID#223111793
- TypeIncome
- CountySACRAMENTO
- CitySacramento
- Area10815
- Zip95815
- Style5 or More Units
- Price$ 2,400,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.34 Acres
Data Source:
MetroList MLS
Property Description
We are pleased to present two 8-unit complexes contiguous to one another, 355 & 375 El Camino Avenue, Sacramento (16-Units). This is a gated community with on-site laundry and off-street parking for the residents. The building consists of two-two bedroom/one bathroom, twelve-one bedroom/one bathroom & two-studio living units. This subject property has been upgraded throughout its entire ownership with electric stoves, wall heat/air system, upgraded cabinets and new laminate flooring in the kitchen and bathrooms. Some units have been updated with new counter tops, six panel doors, and new vanities in the bathroom as well. The floor plans are spacious with both buildings equaling 9,454 square feet. These two-story complexes were constructed with wood frame and stucco with a pitched roof. Also, a new investor should consider implementing a Ratio Utility Billing System (RUBS) on the remainder of the units to increase monthly cash flow. RUBS currently range between $50-100 per unit monthly depending on the number of tenants within the unit. These El Camino Avenue properties are located in North Sacramento on a major thoroughfare through the region. El Camino Avenue runs from Interstate-80 on the west all the way through Arden-Arcade to the American River on the east.
| Price History | |
|---|---|
| 11/21/2023 | Listed $2,400,000 |
General Features
| Association Y/N | No |
|---|---|
| Carport Spaces | 0.0 |
| City | Sacramento |
| Close Price | 0.0 |
| Construction Materials | Brick, Redwood Siding, Stucco |
| Cooling | Wall Unit(s), Other |
| County | Sacramento |
| Directions | Take ramp onto I-80-BR E (Capital City Fwy) toward Sacramento. Take exit 4A toward I-5/Redding/CA-99 onto I-5 N. Take exit 521A toward Garden Hwy. Turn left onto Garden Hwy. Continue on Arden-G |
| Elementary School District | Sacramento Unified |
| Garage Spaces | 0.0 |
| Heating | Wall Furnace |
| High School District | Sacramento Unified |
| Lot Size Square Feet | 14810.0 |
| MLS Area | 10815 |
| Middle/Junior School District | Sacramento Unified |
| Open Parking Spaces | 0.0 |
| Property SubType | 5 or More Units |
| Property Type | ResidentialIncome |
| Sewer | Private Sewer |
| Standard Status | Active |
| Status | Active |
| Stories | 2 |
| Street Name | El Camino |
| Total Units | 16 |
| Unit 1 Rent | 1450 |
| Utilities | Natural Gas Connected, Electric |
| Year Built | 1958 |
| Year Built Source | Owner |
| Zoning Description | R-3 |
Interior Features
| Flooring | Carpet, Tile, Laminate, Vinyl, Linoleum, Varies by Unit |
|---|---|
| Laundry Features | Other |
| Street Suffix | Avenue |
| Total Stories | 2 |
| Unit 1 Bedroom Units Total | 12 |
| Unit 1 Full Baths | 1 |
| Unit 2 Bedroom Units Total | 2 |
| Unit1bedrooms | 2 |
| Unittypestudiounitstotal | 2 |
Exterior Features
| Covered Spaces | 0.0 |
|---|---|
| Foundation Details | Concrete |
| Lot Features | Central BBQ, Private, Garden, Landscape Front |
| Lot Size Acres | 0.34 |
| Lot Size Source | Not Verified |
| Number of Buildings | 2 |
| Parking Features | Off Street |
| Total Parking | 12.0 |
| Water Source | Meter on Site |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Income Average in 95815
Price
Visits
Year Built
Walkscore
Last updated: December 7, 2023 9:44 PM UTC Property Information © 2023 
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