748 Lampasas Avenue
$649,800
4
4
1,944
1,944
$334
Description
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....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.
- Listed by Sumandeep Dhaliwal • DRE #01370947 • ERA Carlile Realty GroupP: (916)-308-9445 suman.xlnc@gmail.com
Property Details for 748 Lampasas Avenue
Parking Features
Side-by-Side, Street, Uncovered
Architectural StyleRanch
ZoningR-2B
LISTING UPDATED: 12/16/2024 08:45 AM
Property Details for 748 Lampasas Avenue
Status | Active |
---|---|
MLS # | 224127296 |
Days on Compass | 34 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Quadruplex |
Year Built | 1955 |
Lot Size | 0.16 AC / 6,969 SF |
County | Sacramento County |
Building Information for 748 Lampasas Avenue
Stories1Residences4Year Built1955Building Size-Lot Size0.16 AC / 6,969 SF
Property Information for 748 Lampasas Avenue
Property History for 748 Lampasas 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 748 Lampasas Avenue
Taxable ValueLand$106,120Additions$306,688Total$412,808
Tax Record2024$5,539 ($462 / month)
Home Facts
Baths4Total Finished SqFt1,944 SqFtAbove Grade Finished SqFt1,944 SqFtStories1Lot Size6,970 SqFtStyleQuadraplexYear Built1955ZoningR-2BCountySACRAMENTOAPN263-0202-004-0000
Schools near 748 Lampasas Avenue
This home is within Twin Rivers Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 8 |
Rating | School | Distance |
---|---|---|
Northwood Elementary School PublicK to 6 | ||
Martin Luther King Jr. Technology Academy Public7 to 8 | ||
Grant Union High School Public9 to 12 | ||
Smythe Academy Of Arts And Sciences CharterK to 8 |
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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