748 Lampasas Avenue

Sacramento, CA 95815

$649,800
Price
4
Beds
4
Baths
1,944 Sq. Ft.
$334 / Sq. Ft.
1,944
Sq. Ft.
$334
per Sq. Ft.

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.
  1. Listed by Sumandeep Dhaliwal • DRE #01370947 • ERA Carlile Realty Group
    P: (916)-308-9445 suman.xlnc@gmail.com

Property Details for 748 Lampasas Avenue

Parking Features
Side-by-Side, Street, Uncovered
Architectural Style
Ranch
Zoning
R-2B
LISTING UPDATED: 12/16/2024 08:45 AM

Property Details for 748 Lampasas Avenue

StatusActive
MLS #224127296
Days on Compass34
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1955
Lot Size0.16 AC / 6,969 SF
CountySacramento County

Building Information for 748 Lampasas Avenue

Stories1Residences4Year Built1955Building Size-Lot Size0.16 AC / 6,969 SF

Property Information for 748 Lampasas Avenue

Summary
Location and General Information
  • Area/District: 10815
  • Area Short Display: 10815
  • Cross Street: Beaumont St
  • City: Sacramento
  • County: Sacramento
  • State: CA
  • Zip Code: 95815
  • Topography: Level,Level
  • Directions to Property: From El Camino ave, turn north on Evergreen Ave and left on Lampasas Ave to the property on the left.
Taxes and HOA Information
  • APN: 263-0202-004-0000
  • License Fee: $.00
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
  • Association: false
  • Association Fee: $.00
School Information
  • School District (County): Sacramento
  • Elementary School District: Dry Creek Joint
  • Middle or Junior School District: Dry Creek Joint
  • Senior High School District: Center Joint Unified
Parking
  • Covered Spaces: 0
  • Independent Parking Spaces: 0
  • Carport Spaces: 0
  • Garage Spaces: 0
  • Total Parking Spaces: 5
  • Tandem Parking Spaces: 0
  • Open Parking Spaces: 5
  • Parking Fee $: 0.0
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Square Footage: 0.0
  • Year Built Source: Other
  • Minimum Bldg SqFt: 0.0
  • # of Lots: 0
  • Lot Size Acres: 0.16
  • Lot Size Source: Not Verified
  • Lot Size Square Feet: 6970.0
  • Lot Features: Curb(s), Shape Regular, Landscape Back, Landscape Front
Property and Assessments
  • Property Condition: Updated/Remodeled
  • Home Warranty: false
  • Irrigation: None
  • Year Built: 1955
  • Picture Count: 37
  • Photos Provided By: 3rd Party Photographer
  • Elevation: 0
  • Property Disclaimer: All data, photos, visualizations, and information regarding a property, including the property’s compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable. Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
  • Census Tract: 68.02
Green Features
  • Green Verification Year: 0
  • Energy Efficient: Appliances, Water Heater
Utilities
  • Separate Meters: Electricity, Gas, Water
  • Sewer: In & Connected, Public Sewer
  • Utilities: Natural Gas Connected, City, Electric
  • Water Source: Water District, Meter on Site
Interior and Exterior Features
Exterior Features
  • # of Floors: 1
  • # of Guest Space(s): 1
  • # Of Buildings: 1
  • Construction Materials: Concrete, Stucco, Frame, Wood
  • Foundation: Slab, Concrete
  • Levels: One
  • Patio And Porch Features: Covered Patio
  • Exterior Features: Fenced Yard, Yard Space, Play Area
  • Window Features: Dual Pane Full, Window Coverings, Window Screens
  • Accessibility Features: Wheelchair Access
  • Horse Property: false
  • Pool: false
  • Roof: Shingle, Composition
  • Senior Community: false
Interior Features
  • Heating: Separate, Gas
  • Appliances: Free Standing Gas Oven, Built-In Electric Oven, Free Standing Gas Range, Free Standing Refrigerator, ENERGY STAR Qualified Appliances
  • Laundry Features: Other
  • Spa: false
  • # of Fireplaces: 0
  • Basement: None
  • Cooling: Ceiling Fan(s), Wall Unit(s), MultiUnits
  • Electric: 220 Volts
  • Flooring: Tile, Laminate, Vinyl, Linoleum
  • Entry Level: 0
  • Possible Bedrooms: 0.0
  • Bedrooms: 0
  • Bathrooms: 0.0
  • Full Bathrooms: 0
  • Half Bathrooms: 0
  • # of Rooms: 12
Room Information
1 Bedroom Unit
  • # of 1 Bedroom Units: 4
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 4
2 Bedroom Unit
  • # of 2 Bedroom Units: 0
  • 2 Bedroom Annual Occupancy: .00%
  • # of 2 Bedrooms Occupied: 0
3 Bedroom Unit
  • # of 3 Bedroom Units: 0
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 0
4 Bedroom Unit
  • # of 4 Bedroom Units: 0
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Multi Family
Multi-Family Information
  • # Commercial Units: 0
  • Total # Owner Occupied: 0
  • # Studios Occupied: 0
  • # of Studio Units: 0
  • Num of Units: 4
Multi-Family Additional Information
  • 2nd Unit Approx SqFt: 0.0
  • 2nd Unit Rents for: $.00
  • 2nd Unit Bedrooms: 0.0
Unit 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Description: One bed one bath with kitchen and living room
  • Unit 1 Full Baths: 1
  • Unit 1 Partial Baths: 0
  • Unit 1 Identification: 1
  • Unit 1 Lease Term: Other
  • Unit 1 Occupancy: Vacant
  • Unit 1 Rent Source: N/A
  • Unit 1 Rent: $.00
  • Unit 1 Approx SqFt: 500.0
  • Unit 1 SqFt Source: Owner
  • Unit 1 # of Rooms: 2
  • Unit 1 Type: Apartment
Unit 2
  • Unit 2 Bedrooms: 1
  • Unit 2 Description: One bed one bath with kitchen and living room
  • Unit 2 Full Baths: 1
  • Unit 2 Partial Baths: 0
  • Unit 2 Identification: 2
  • Unit 2 Lease Term: Other
  • Unit 2 Occupancy: Vacant
  • Unit 2 Rent Source: N/A
  • Unit 2 Rent: $.00
  • Unit 2 Approx SqFt: 500.0
  • Unit 2 SqFt Source: Owner
  • Unit 2 # of Rooms: 2
  • Unit 2 Type: Apartment
Unit 3
  • Unit 3 Bedrooms: 1
  • Unit 3 Description: One bed one bath with kitchen and living room
  • Unit 3 Full Baths: 1
  • Unit 3 Partial Baths: 0
  • Unit 3 Identification: 3
  • Unit 3 Lease Term: Less Than 12 Months
  • Unit 3 Occupancy: Tenant
  • Unit 3 Rent Source: Rental
  • Unit 3 Rent: $1,100.00
  • Unit 3 Approx SqFt: 500.0
  • Unit 3 SqFt Source: Owner
  • Unit 3 # of Rooms: 2
  • Unit 3 Type: Apartment
Unit 4
  • Unit 4 Bedrooms: 1
  • Unit 4 Description: One bed one bath with kitchen and living room (rented section 8 )
  • Unit 4 Full Baths: 1
  • Unit 4 Partial Baths: 0
  • Unit 4 Identification: 4
  • Unit 4 Lease Term: Less Than 12 Months
  • Unit 4 Occupancy: Tenant
  • Unit 4 Rent Source: Rental
  • Unit 4 Rent: $1,250.00
  • Unit 4 Approx SqFt: 500.0
  • Unit 4 SqFt Source: Tax Record
  • Unit 4 # of Rooms: 2
  • Unit 4 Type: Apartment
Mobile/Manufactured Home
  • Width: 0.0
  • Length: 0.0
  • Berth Size Length: 0.0
  • Berth Size Width: 0.0
Income & Expenses
  • Income Includes: Rent Only
  • Operating Expense Includes: Gas, Trash, Water/Sewer
Rental
Rent Information
  • Land Lease: false
  • Studio Annual Occupancy: .00%
  • Tenant Pays: Electricity, Gas

Property History for 748 Lampasas Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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.

Similar Homes

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Similar Sold Homes

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748 Lampasas Avenue is a multi-family home for sale in Sacramento, CA 95815. This property was listed for sale on November 17, 2024 by ERA Carlile Realty Group, it's currently listed at $649,800. It has been on the market for a total of 34 days and was last sold on July 9, 2020. This listing's school district is Twin Rivers Unified School District. Nearby schools include Northwood Elementary School, Martin Luther King Jr. Technology Academy and Grant Union High School. 748 Lampasas Avenue is a 4-bed, 4-bath, 1,944 sqft multi-family home built in 1955.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ERA Carlile Realty Group, Sumandeep Dhaliwal, DRE #01370947

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.