This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Las Fuentes Apartments 3333 W St

16 Unit Block of Flats £2,347,350 (£146,709/Unit) Sacramento, CA 95817

Investment Highlights

  • 16 units plus 1 Studio - Apartment Building in Midtown Are, Below market rents - All Tenants are MTM for immediate increased NOI
  • New Wall Furnaces, New Security and Decorative LED Lighting, New Garbage Disposals, Smoke and CO Detectors, New Paint and Schlage Key-less entries
  • Prime location near University of California Davis Medical Center, Well-maintained property with attractive curb appeal, Spacious units
  • New Roof and Gutters - Summer 2024, New Electrical and Panels, New Main Sewer Line, New Onsite Commercial Laundry that accepts PayRange App
  • Computer Controlled Energy Efficient Commercial Water Heater, 10 Remotely accessed Exterior Security Cameras Intercom access security gates
  • Strong 88% occupancy rate for immediate income **2 units currently being renovated, 12 On-site parking spaces, Proximity to amenities & transportation

Executive Summary

Nestled in the vibrant and sought-after Midtown area in the heart of Sacramento you'll find this quiet and peaceful 16 - unit (potentially 17'th unit- in planning review process) complex. This well-maintained turn-key opportunity consists of 12 - 1 Bedroom, 2 - 2 Bedroom, 2 - 3 Bedrooms at the moment, patiently awaiting the 17 Studio Unit addition with private parking in the back. Some recent major renovations done to put any investor as ease include a new roof and gutters, new electrical and panels, & new main sewer line. Other upgrades include onsite laundry with 2 New Commercial Washers and Dryers which accept quarters and PayRange App ($10k Value) & a modern computer controlled Energy-Efficient commercial water heater. New wall furnaces, security and decorative LED lighting, new garbage disposals, smoke and carbon detectors, new paint and Schlage keyless entries. For security and monitoring it has, 10 remotely accessed surveillance cameras throughout the exterior & Intercom access security gates in the front and rear. Walking into the private courtyard with tropical landscaping, accent lighting, beautiful and ornate statues and fountains will leave you breathless. Come take a look and add this superb investment to your portfolio!Nestled in the vibrant and sought-after Midtown area in the heart of Sacramento you'll find this quiet and peaceful 16-unit (potentially 17'th unit- in planning review process) complex. This well-maintained turn-key opportunity consists of 12 - 1 Bedroom, 2 - 2 Bedroom, and 2 - 3 Bedrooms, patiently awaiting the 17 Studio Unit addition with private parking in the back. Some recent major renovations done to put any investor at ease include a new roof and gutters, new electrical and panels, & new main sewer line. Other upgrades include onsite laundry with 2 New Commercial Washers and Dryers which accept quarters and PayRange App ($10k Value) & a modern computer-controlled Energy-Efficient commercial water heater. New wall furnaces, security and decorative LED lighting, new garbage disposals, smoke and carbon detectors, new paint and Schlage keyless entries. For security and monitoring it has, 10 remotely accessed surveillance cameras throughout the exterior & Intercom access security gates in the front and rear. Walking into the private courtyard with tropical landscaping, accent lighting, beautiful and ornate statues and fountains will leave you breathless. Come take a look and add this superb investment to your portfolio!

Attachments

Sale OM

Property Facts

Price £2,347,350
Price Per Unit £146,709
Sale Type Investment
Sale Conditions 1031 Exchange
No. Units 16
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.29 AC
Building Size 9,787 SF
Average Occupancy 88%
Number of Floors 2
Year Built 1955
Parking Ratio 1.23/1,000 SF

Unit Amenities

  • Heating
  • Kitchen
  • Refrigerator
  • Range

Site Amenities

  • Courtyard

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+1 12 - -
2+1 2 - -
3+2 2 - -
Walk Score ®
Very Walkable (81)
Bike Score ®
Biker's Paradise (98)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
010-0264-004
Land Assessment
£331,263
Improvements Assessment
£734,868
Total Assessment
£1,066,131

zoning

Zoning Code R4, Sacramento
R4, Sacramento
  • Listing ID: 33970957

  • Date on Market: 30/10/2024

  • Last Updated:

  • Address: 3333 W St, Sacramento, CA 95817

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}