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1621 Lisbon Avenue, West Sacramento, CA 95605
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$1,800,000
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Home Details for 1621 Lisbon Avenue
Price
$1,800,000
Type
Multi Family
Bedrooms
1
Full Bathrooms
1
Year Build
1940
Sq. Ft.
540
Lot Size
1.03
County
Yolo
MLS®️ Listing#
225117309
On exitrealty.com
143 days
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.
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Listing Courtesy: Ryker Flint Commercial - 310-966-7446. Presented by: Ryker D. Flint
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EXIT CAPITAL REALTY
2100 Watt Ave Suite #140, Sacramento, CA 95825
CA DRE# 02236377. Sam Samadi Broker (CA DRE# 01520140. Kris Klair Broker)
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$1,800,000
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EXIT CAPITAL REALTY
2100 Watt Ave Suite #140, Sacramento, CA 95825
CA DRE# 02236377. Sam Samadi Broker (CA DRE# 01520140. Kris Klair Broker)