2687 Altos Avenue
$1,329,000
—
—
5,824
5,824
$228
Description
Fantastic investment opportunity. 1/3 Acre lot with room to grow and expand (SB 1211 just passed). 8 oversized units in two large 4plexes on one lot. 140k+ pro-forma rent. All units are 2 bed 1 bath, upgraded with some new kitchens, double pane windows. Passed all city inspections. 4 units vacant and 4 with market rate tenants. Property is in an Opportunity Zone providing tax incentives for investors. Please do not disturb occupants.Fantastic investment opportunity. 1/3 Acre lot with room to grow and expand (SB 1211 just passed). 8 oversized units in two large 4plexes on one lot. 140k+ pro-forma rent. All units are 2 bed 1 bath, upgraded with some new kitchens, double pane windows. Passed all city inspections. 4 units vacant and 4 with market rate tenants. Property is in an Opportunity Zone providing tax incentives for investors. Please do not disturb occupants.
- Listed by Alexey Blokhin • DRE #01771121 • Brokerage DRE #01771121 • Real E-State • 650-204-0443
Property Details for 2687 Altos Avenue
MLS City Name
SACRAMENTO
Building TypeOther
Garage Spaces0
Parking Spaces0
LISTING UPDATED: 01/12/2025 11:10 AM
Property Details for 2687 Altos Avenue
Status | Active |
---|---|
MLS # | ML81983343 |
Days on Compass | 110 |
Taxes | $16,081 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family 5+ |
MLS Type | 5+ Units / Five or More Units |
Year Built | 1963 |
Lot Size | 0.31 AC / 13,504 SF |
County | Sacramento County |
Building Information for 2687 Altos Avenue
Stories-Residences-Year Built1963Building Size-Lot Size0.31 AC / 13,504 SF
Property Information for 2687 Altos Avenue
Property History for 2687 Altos Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2687 Altos Avenue
Taxable ValueLand$163,200Additions$1,111,800Total$1,275,000
Tax Record2024$16,009 ($1,334 / month)
Home Facts
Total Finished SqFt5,824 SqFtAbove Grade Finished SqFt5,824 SqFtStories2Lot Size13,504 SqFtStyleMulti-Family Res (5+ Units)Year Built1963ZoningR-1CountySACRAMENTOAPN263-0171-011-0000
Schools near 2687 Altos Avenue
This home is within Twin Rivers Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 3 to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Noralto Elementary School PublicK to 6 | ||
Harmon Johnson Elementary School Public3 to 6 | ||
Martin Luther King Jr. Technology Academy Public7 to 8 | ||
Grant Union High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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