1621 Lisbon AVE, West Sacramento, CA 95605 - MLS#225056027

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Ricardo Gil Jr

rgiljr@gilsre.com +1(209) 226-9649

$1,700,000

Est. payment - /mo

7,488 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Pending

Purchase Type For Sale

Square Footage 7,488 sqft

Price per Sqft $227

MLS Listing ID 225056027

HOA Y/N No

Year Built 1940

Lot Size 1.030 Acres

Acres 1.03

Property Sub-Type 5 or More Units

Source MLS Metrolist

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

Direction Turn right onto Jefferson Blvd. Turn left onto Lisbon Ave. 1617 Lisbon Ave will be on your right.

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

Water Access Desc Public

Topography Level

Porch Covered Patio

Total Parking Spaces 28

Building

Lot Description Corner

Foundation Concrete

Sewer Public Sewer

Water Public

Architectural Style A-Frame

Level or Stories One

Schools

Elementary Schools Washington Unified

Middle Schools Washington Unified

High Schools Washington Unified

School District Yolo

Others

Senior Community No

Tax ID 014-074-015

Special Listing Condition None

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Listed by Ryker Flint Commercial

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Ricardo Gil Jr

+1(209) 226-9649

Broker | CA DRE#01800755

Broker CA DRE#01800755

1621 Lisbon AVE West Sacramento, CA 95605

Ricardo Gil Jr

Key Details

Location

Interior

Exterior

Building

Schools

Others

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