691 El Camino Avenue Sacramento, CA $ 1,225,000
691 El Camino Avenue
$ 1,225,000
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691 El Camino Avenue

Sacramento, CA, 95815
$ 1,225,000
Baths0.0

Monthly Estimate*

$ 8,557

691 El Camino Avenue, Sacramento, CA 95815 - Image 1
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691 El Camino Avenue, Sacramento, CA 95815 - Image 12
Studio

Multi-Family Home for sale in Sacramento, CA

for $1,225,000. This home was built in 1949 on a lot size of 0.14.

691 El Camino Ave., Sacramento is an 8 unit in the heart of the rejuvenated North Sacramento market. This small gated apartment complex is comprised of all 1 bedroom with 1 bath units approximately 540 SF with an onsite laundry facility. The units are separately metered for electrical and gas. The units also feature dual pane windows, wall heating & air, updated appliances (varies), along with one (1) central water heater. Four (4) of the unit interiors were upgraded with paint, appliances, and flooring. The exterior was also improved with a modernized paint pallet with light fixtures. Many of the leases are well below market with an average rental rate of $1,043. A recently rented unit leased for $1,214 signifying that there's a loss-to-lease rent of approximately $16,416 if all the units were paying the new rental rate. Furthermore, there are two vacant units that can be leased at market rate. Plus, the ownership recently implemented RUBS on the new leases to help offset utility costs.

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Multi-Family Active

Price

$ 1,225,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

5 or More Units

Lot Size

0.14

Year Built

1949

Town/City

Sacramento

County/Region

Sacramento

MLS | Web ID

224028767

Features
General
Sewer Public Sewer
Heating Gas Hot Water
Cooling Wall Unit(s) Window Unit(s)
Utilities Natural Gas Connected City Electric
Roof Composition
Unit 4 Rent 0
Unit 2 Rent 0
Unit 3 Rent 0
Unit 1 Rent 1043
HOA 0
Garage Spaces 0.0
Construction Materials Stucco Wood Masonry
Year Built 1949
Electric 220 Volts
Tenant Pays Rent Only Electricity Gas
Stories 0
Levels Two
Property SubType 5 or More Units
Elevation 0
County Sacramento
Property Type ResidentialIncome
HOA / Comm Assn N
Total Rooms 0
Close Price 0.0
Status Active
Directions Business I80 exit El Camino Ave. West the property will be on the right hand side.
City Sacramento
Buyer Agent Compensation 2.5
High School District Sacramento Unified
Zoning Description RB-2
Open Parking Spaces 0.0
Total Units 8
MLS Area 10815
Lot Size Square Feet 6098.0
Carport Spaces 0.0
Street Name El Camino
Property Condition Updated/Remodeled Varies by Unit
Standard Status Active
Middle/Junior School District Sacramento Unified
Elementary School District Sacramento Unified
Year Built Source Assessor Agent-Fill
Buyer Agent Compensation Type Percent
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Interior
Flooring Tile Laminate Vinyl
Total Stories 2
Unit 1 Full Baths 1
Unit 2 Full Baths 0
Unit 3 Full Baths 0
Street Suffix Avenue
Laundry Features Washer/Dryer Leased In Common Area
Unit 1 Bedroom Units Total 8
Unit 2 Bedroom Units Total 0
Unit 3 Bedroom Units Total 0
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Exterior
Parking Features Off Street Street
Lot Features Sidewalk Landscape Front
Water Source Public
Total Parking 6.0
Foundation Details Raised
Number of Buildings 1
Lot Size Acres 0.14
Lot Size Source Assessor Auto-Fill
Covered Spaces 0.0
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Internal Only
Street Number 1 691
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* Excluded Features
List By
Pcg Commercial, Inc

Broker

adelrio@pcgcommercial.com

Email

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$8,557
Per Month
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Monthly Principal & Interest
$8,557
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3193778 Elementary School
3193676 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
4/21/2024 $1,225,000 -5.41% Price Down
3/25/2024 $1,295,000 Listed Price

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691 El Camino Avenue, Sacramento, CA, 95815 is a Multi-Family Home for sale at $1,225,000 with a lot size of 0.14. 691 El Camino Avenue is a studio with 0.0 baths and was built in 1949. The property's zip code is 95815 which is in Sacramento, CA