1200 South Avenue, Sacramento, CA 95838
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
1200 South Avenue,Sacramento, CA 95838
$1,100,000
- 12 Beds
- 1 Baths
- 3,896 sq. ft.
- Multi-family
- Active
Listed by: michael mathios
Office: cushman & wakefield
MLS#:226113803
Source:CABCREIS
Price summary
- Price:$1,100,000
- Price per sq. ft.:$282.34
About this home
This Lender Owned property offers an opportunity for the next investor to purchase a well maintained investment of all 2 bedroom units currently averaging $1996/u/m. There is excess land in the back of the property that could developed into additional ADU's. Current collected rents are higher than market so there is a gain to lease benefit in the immediate term of ownership. When and if all units get traded out to market, the cap rate is 6.7%.
Contact an agent
Home facts
- Year built:1960
- Listing ID #:226113803
- Added:8 day(s) ago
- Updated:September 19, 2026 at 03:07 PM
Rooms and interior
- Bedrooms:12
- Total bathrooms:1
- Full bathrooms:1
- Flooring:Carpet, Linoleum, Tile
- Living area:3,896 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Gas, Wall Furnace
Structure and exterior
- Roof:Composition, Shingle
- Year built:1960
- Building area:3,896 sq. ft.
- Lot area:0.46 Acres
- Lot Features:Sidewalk
- Construction Materials:Frame, Stucco
- Foundation Description:Concrete, Slab
- Levels:1 Story
Utilities
- Water:Water District
- Sewer:Public Sewer, Sewer In Street
Finances and disclosures
- Price:$1,100,000
- Price per sq. ft.:$282.34
Parking
- Total parking spaces:12
- Parking description:Off Street, Open, Uncovered Parking
New listings near 1200 South Avenue
- New
$389,000Active3 beds 3 baths1,107 sq. ft.1542 38th Avenue, Sacramento, CA 95822
MLS# 226102541Listed by: GUIDE REAL ESTATE - New
$409,900Active3 beds 2 baths1,015 sq. ft.7656 Lytle Street, Sacramento, CA 95832
MLS# 226117676Listed by: SKYLINE PROPERTIES - New
$699,950Active0.39 Acres3910 Crondall Drive, Sacramento, CA 95864
MLS# 226117609Listed by: KELLER WILLIAMS REALTY - New
$925,000Active3 beds 2 baths1,542 sq. ft.2813 27th Street, Sacramento, CA 95818
MLS# 226117288Listed by: RE/MAX GOLD SIERRA OAKS - New
$445,000Active2 beds 2 baths1,308 sq. ft.4512 Villa Del Paso Ln, Sacramento, CA 95834
MLS# 41148783Listed by: PACIFIC COAST BROKERS - New
$379,900Active2 beds 1 baths783 sq. ft.2640 29th, Sacramento, CA 95820
MLS# MC26205130Listed by: HOMESMART PV & ASSOCIATES - New
$400,000Active3 beds 2 baths1,117 sq. ft.1146 Brunswick Way, Sacramento, CA 95833
MLS# 226117935Listed by: ADROIT REAL ESTATE - Open Sat, 12 to 2pmNew
$590,000Active4 beds 4 baths2,788 sq. ft.4948 Pasadena Avenue, Sacramento, CA 95841
MLS# 226116973Listed by: KELLER WILLIAMS REALTY - New
$349,500Active2 beds 1 baths672 sq. ft.2296 Grove Avenue, Sacramento, CA 95815
MLS# 226118017Listed by: LPT REALTY, INC - New
$499,000Active3 beds 2 baths1,439 sq. ft.8248 Cliffe Way, Sacramento, CA 95828
MLS# 226118064Listed by: KELLER WILLIAMS REALTY