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Paul Gallegos

paul@gocobaltrealty.com +1(916) 208-1068

$ 2,350,000

Est. payment | -/mo

7,191 SqFt

Save

$ 2,350,000

Est. payment | -/mo

Save

7,191 SqFt

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 7,191 sqft

Price per Sqft $326

MLS Listing ID 226050528

HOA Y/N No

Year Built 1970

Lot Size 15320.000 Acres

Acres 0.3517

Property Sub-Type 5 or More Units

Source MLS Metrolist

Property Description

Massive opportunity to be the new owner of this cash-flowing, 100% occupied, Arden-Arcade 8-plex building! This is The Villanova Garden Apartments in Sacramento, CA. The property offers (8) two-bedroom, one-bathroom units, each unit is ~891 sq ft, and a total of ~7191 GLA on a ~.35acre lot. 6 of 8 units have been remodeled within the last 10 years providing the new ownership a true plug and play model. Updates to the remodeled units include new kitchen and bathroom, counters and cabinets, tub and shower, a stand alone gas range w/ventilation hood, refrigerator/freezer, dishwasher, garbage disposal, all new flooring (tile, laminate, carpet, LVP). Two units remain up to new ownerships imagination as your own personal canvas and value-add opportunity. Additional features of the property include: Each unit/tenant has ceiling fans in bedrooms, living room, and dining area, central HVAC, a complete roof replacement with 3 custom skylights for rain protection in 2017. This property offers 2 assigned parking spaces per unit. The property's location allows a short commute to major employment centers and local amenities including: UC Davis Medical Center, Sutter Medical Center, Sacramento State, Cal Expo, Arden Fair Mall, The Pavilions, Loehmanns Plaza, Sutter Health Park, Golden 1 Center, and more! The rental market supports a higher gross rent. Financial information is available upon request.

Location

State CA

County Sacramento

Area 10825

Direction Use GPS.

Rooms

Other Rooms Unit-1 Type: Apartment Approx SqFt: 891 Bedrooms: 2 Full Baths: 1 Total Rooms: 5 Occupancy: Tenant Rent: 1750 SqFt Source: Tax Record

Interior

Heating Central, Electric, Gas, Individual, Natural Gas

Cooling Ceiling Fan(s), Central, Individual

Flooring Carpet, Tile, Laminate, Luxury Vinyl Plank, Varies by Unit

Window Features Dual Pane Full,Window Screens

Appliance Free Standing Gas Oven, Free Standing Gas Range, Free Standing Refrigerator, Gas Cook Top, Gas Water Heater, Dishwasher, Microwave, Disposal, Varies By Unit, See Remarks

Laundry Coin Operated, Washer/Dryer Leased, In Common Area

Exterior

Parking Features Off Street, Side-by-Side, Street, See Remarks

Utilities Available Cable Available, City, Sewer In & Connected, Electric, Internet Available, Natural Gas Connected

Water Access Desc Meter on Site,Public

Roof Type Flat

Topography Level,Trees Many

Porch Balcony/Deck, Covered Patio, Varies by Unit

Total Parking Spaces 16

Building

Lot Description Auto Sprinkler F&R, Private, Garden, Landscape Back, Landscape Front

Story 2

Foundation Concrete

Sewer Public Sewer

Water Meter on Site, Public

Level or Stories Two

Schools

Elementary Schools San Juan Unified

Middle Schools San Juan Unified

High Schools San Juan Unified

School District Sacramento

Others

Senior Community No

Tax ID 285-0265-005-0000

Special Listing Condition Trust, Offer As Is

Listed by Cobalt Real Estate

Nearby Locations

GET MORE INFORMATION

Paul Gallegos

REALTOR® | Lic# 01858690

paul@gocobaltrealty.com

+1(916) 208-1068

970 Reserve Dr, #100, Roseville, CA, 95678

2312 Villanova CIR Sacramento, CA 95825

Paul Gallegos

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

2312 Villanova CIR