1621 Lisbon AVE new Save Request In-Person Tour Request Virtual Tour
West Sacramento,CA 95605
Key Details
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 7,488 sqft
Price per Sqft $227
MLS Listing ID 225056027
Year Built 1940
Lot Size 1.030 Acres
Property Sub-Type 5 or More Units
Property Description
12 unit apartment complex, all single story cottage-style units, located in the Bryte neighborhood of West Sacramento with close proximity to Interstate 80 and the Sacramento River. Approximately 2.4 miles from Raley Field, new home of the Sacramento Athletics MLB team and 3 miles from Downtown Sacramento and the Golden One Center, home of the Sacramento Kings. Well below market rents. Possibility to convert unused auditorium into 3 units and possible addition of 1 or 2 ADU units. Landlord is currently not charging utility RUBS. Can capture an additional $10k-$14k annually by instituting a $70 to $100 RUBS program. All units can accept rent increases for the 2025 year. Owner is keeping One unit vacant for viewing but can lease or keep vacant for potential buyer request. 3 units have private back yards.
Location
State CA
County Yolo
Area 10605
Interior
Heating Central
Cooling Central
Flooring Varies by Unit
Laundry Coin Operated,Laundry Closet
Exterior
Exterior Feature Yard Space
Parking Features Off Street
Utilities Available City
Building
Lot Description Corner
Foundation Concrete
Sewer Public Sewer
Water Public
Schools
Elementary Schools Washington Unified
Middle Schools Washington Unified
High Schools Washington Unified
School District Yolo
Others
Special Listing Condition None