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1412 V Street

Sacramento, CA 95818
  • $799,000
  • STATUS: Active
  • ON SITE: 82 Days
  • ID#: 223115604
UPDATED: 19 min ago
$799,000
  • 2
    BEDS
  • 0.08
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,372
    SQFT
  • $582
    $/SQFT
Type:
Single-Family Home
Built:
1916
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Property has been totally remodeled with Sacramento city permits and inspection in 2019. Remodel included new roof, plumbing, HVAC, electrical wiring and 220-amp service. New water and sewer line installed. Small 99SF hobby studio in the rear yard. Gross scheduled income is $91,104 and net annual income is $89,995 with both units rented. Cap rate is 10.6 including taxes and insurance. Annual expenses are $11,093 including all utilities, tax and insurance. Rents were sourced 50% owner and 50% Airbnb and a mix of short-term and long-term rental income. All properties are fully furnished and rented. Managed by owner. This single-family home can be used as a 3 bedroom/ 2 bath house, or it can be used as 1-bedroom 1bath with a separate 1-bedroom 1bath ADU. There are soundproof doors and separate climate control which makes it happen. This property can be part of a 3-income property package. Total price for three properties is $2,797,000 discounted to $2,789,000. The other two duplexes adjacent in the rear are 1409-1411 Victorian Alley which is available for $1,099,000 and 1413-1415 Victorian Alley which is available for $1,099,000. Total annual net income for the 3-properties is $320,753.

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Metrolist MLS logo © 2024 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2024-02-29T19:39:42.927. MetroList® MLS Terms of Use. IDX provided by BoomTown.
www.lucasgphomes.com/homes/145936547
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1412 V Street Sacramento, CA 95818

  • Price: $799,000
  • Status: Active
  • On Site: 82 Days
  • Updated: 19 min ago
  • ID#: 223115604
2
Beds
2
Baths
0
½ Baths
0.08
Acres
1,372
SQFT
$582
$/SQFT
1916
Built
Neighborhood:
Sacramento Land Park/Curtis Park
County:
Sacramento
Area:
Sacramento Land Park/Curtis Park
Elementary School:
Sacramento Unified
Middle School:
Sacramento Unified
High School:
Sacramento Unified
School District:
Sacramento
Property Description
Property has been totally remodeled with Sacramento city permits and inspection in 2019. Remodel included new roof, plumbing, HVAC, electrical wiring and 220-amp service. New water and sewer line installed. Small 99SF hobby studio in the rear yard. Gross scheduled income is $91,104 and net annual income is $89,995 with both units rented. Cap rate is 10.6 including taxes and insurance. Annual expenses are $11,093 including all utilities, tax and insurance. Rents were sourced 50% owner and 50% Airbnb and a mix of short-term and long-term rental income. All properties are fully furnished and rented. Managed by owner. This single-family home can be used as a 3 bedroom/ 2 bath house, or it can be used as 1-bedroom 1bath with a separate 1-bedroom 1bath ADU. There are soundproof doors and separate climate control which makes it happen. This property can be part of a 3-income property package. Total price for three properties is $2,797,000 discounted to $2,789,000. The other two duplexes adjacent in the rear are 1409-1411 Victorian Alley which is available for $1,099,000 and 1413-1415 Victorian Alley which is available for $1,099,000. Total annual net income for the 3-properties is $320,753.
Exterior Features

Architectural Style BungalowMid-Century Carport Spaces 0.00 Construction Materials WoodWood Siding Driveway Sidewalks Gated Entry Level 0 Exterior Features Entry Gate Fencing Back YardWoodFront YardFull Foundation RaisedConcrete Perimeter Land Use Residential Lot Features Grass ArtificialLandscape FrontLow Maintenance Open Parking Spaces 0.00 Other Structures Shed(s)Outbuilding Parking Features No Garage Parking Fee 0 Patio And Porch Features Front PorchCovered DeckUncovered Deck Property Condition Updated/Remodeled Property Faces North Road Responsibility Public Maintained Road Road Surface Type AsphaltPaved Roof Composition Total Parking Spaces 0.00 View Description City Window Features Caulked/SealedDual Pane Partial

Interior Features

Appliances Free Standing Gas OvenFree Standing Gas RangeFree Standing RefrigeratorGas PlumbedGas Water HeaterDishwasherMicrowavePlumbed For Ice MakerTankless Water Heater Bath Features Double Sinks Cooling Ceiling Fan(s)Central Dining Room Features Other Fireplace Features Living Room Flooring CarpetVinyl Heating CentralNatural Gas Kitchen Features Granite CounterIsland Laundry Features Laundry ClosetDryer IncludedGas Hook-UpWasher IncludedWasher/Dryer Stacked IncludedInside Room Main Level Living RoomDining RoomFamily RoomMaster BedroomFull Bath(s)Kitchen Master Bathroom Features Shower Stall(s)Double SinksLow-Flow Toilet(s) Master Bedroom Features Walk-In Closet Num Of Fireplaces 1 Room Type In Law ApartmentKitchenLaundryLiving Room

Property Features

Additional Unit YN Yes Association No Association Fee 0 Electric 220 Volts Elevation 0 Horse Property No Irrigation None Pets Allowed Yes Pool No Property Subtype Single Family Residence Property Type Residential Remodeled Updated Yes Remodeled Updated Desc Bath 0-5YRKitchen 0-5YRBed 0-5YR Senior Community No Sewer Public Sewer Spa No Special Listing Conditions None Subtype Description Detached Utilities Public Water Source Public Zoning R-1B-S

Metrolist MLS logo Listing provided courtesy of Mills Realty: . Listing information © 2024 MetroList Services, Inc.


Metrolist MLS logo © 2024 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2024-02-29T19:39:42.927. MetroList® MLS Terms of Use. IDX provided by BoomTown.
 
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