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%.
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Home facts
- Year built:1960
- Listing ID #:226113803
- Added:60 day(s) ago
- Updated:November 10, 2026 at 04:06 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
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