Sold
Last Sold Price
4 beds

1125 Lochbrae Rd, Sacramento, CA 95815

Multi FamilyProperty Type
0.23 acresLot Size
1947Year Built

Description

Woodlake Oaks Apartments is a 12 unit, pride of ownership building, consisting of (12) 1bd/1ba units. The property has been under the current ownership for 18 years, and has been beautifully maintained and managed during that time. Recent improvements include a brand new roof, updated plumbing, new individual water meters, new exterior stucco, and all 12 interiors have been updated within the last five years. Woodlake Oaks Apartments is a tremendous add value opportunity without the need for any...Woodlake Oaks Apartments is a 12 unit, pride of ownership building, consisting of (12) 1bd/1ba units. The property has been under the current ownership for 18 years, and has been beautifully maintained and managed during that time. Recent improvements include a brand new roof, updated plumbing, new individual water meters, new exterior stucco, and all 12 interiors have been updated within the last five years. Woodlake Oaks Apartments is a tremendous add value opportunity without the need for any capital improvements. There is currently $2884 per month loss-to-lease, bringing strong day 1 upside to the new owners with more efficient management. Additionally, value can be added through the addition of a RUBS program at $40 per month per unit, and there are 12 storage units on site that could be rented out for an additional $35 per month. With improved efficiency, the onsite laundry income can be improved as well.
  • Listed by: Timothy Swanston 916.541.3630 swanston@scc1031.com DRE #01887506 • North Coast Commercial, Inc.
Listing closed: 09/11/2020 12:00 AM • Source: METROLIST, MLS#: 20039470
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Recent comparable sales

Median sold price

$1,125,000

Avg days on market

162

Sale-to-list ratio

5947.1%

Sacramento, CA

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Location

Listing Courtesy of North Coast Commercial, Inc., Timothy Swanston, DRE #01887506

Sold By TSG Premier Realty, Salvador Puente, DRE #02009304

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Property Information for 1125 Lochbrae Road

Property Details

  • MLS Type: Residential Income / 5 or More Units
  • Parking Features: 1 Space Per Unit
  • Zoning: R-1 - SINGLE FAMILY RESIDENTIAL 6-8 UNIT

Building Information

  • Stories: 2
  • Residences: 12
  • Year Built: 1947
  • Lot Size: 0.23 AC / 10,001 SF

Summary

Location and General Information
  • Area/District: 10815
  • Area Short Display: 10815
  • Cross Street: Southgate Rd
  • City: Sacramento
  • County: Sacramento
  • State: CA
  • Zip Code: 95815
  • Zip Plus 4: 3650
  • Directions to Property: From the South, on HWY 160 take the Del Paso Blvd exit. Turn right on Baxter, turn left onto Lochbrae Road. From the North, take exit 47A for Canterbury Rd toward Leisure Ln. From Canterbury, turn left onto Southgate Rd, then turn left onto Lochbrae Road.
Taxes and HOA Information
  • Association Features: Extra Storage, Patios/Balcony, Separate Laundry Facility
  • APN: 275-0165-020-0000
  • License Fee: $.00
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
  • Association: false
  • Association Fee: $.00
School Information
  • School District (County): Sacramento
  • Elementary School District: Sacramento Unified
  • Middle or Junior School District: Sacramento Unified
  • Senior High School District: Sacramento Unified
Parking
  • Covered Spaces: 0
  • Independent Parking Spaces: 0
  • Carport Spaces: 0
  • Garage Spaces: 0
  • Total Parking Spaces: 0
  • Tandem Parking Spaces: 0
  • Open Parking Spaces: 0
  • Parking Fee $: 0.0
Virtual Tour
  • Virtual Media Count: 0
Sale and Listing
  • On Market Date: 07-09-2020

Property

Lot Information
  • Square Footage: 0.0
  • Minimum Bldg SqFt: 0.0
  • # of Lots: 0
  • Lot Size Acres: 0.2296
  • Lot Size Source: Assessor Auto-Fill
  • Lot Size Square Feet: 10001.0
  • Living Area: 0.0
  • Price Per Square Foot: $.00
  • Price Per Acre: $6,080,139.37
Property and Assessments
  • Home Warranty: false
  • Year Built: 1947
  • Picture Count: 24
  • Photos Provided By: Agent
  • Elevation: 0
  • Units Furnished: None
  • Property Disclaimer: All data, photos, visualizations and information regarding a property, including all measurements and calculations of area, has been obtained from various sources and has not been, and will not be verified by the listing broker, except as required by the MLS Rules, or MLS. Information on this website may be from sources other than broker, sellers and/or MLS, may include information generated using artificial intelligence, digitally altered photographs or images, and is not guaranteed as complete, accurate or reliable. All data, photos, visualizations and information regarding a property is provided “AS IS” and without any warranty, express or implied, and should be independently reviewed and verified for accuracy.
  • Census Tract: 69.0
  • Bonds Assessments Taxes: Unknown
  • Concessions: Yes
Green Features
  • Green Verification Year: 0
Utilities
  • Sewer: None
  • Water Source: Meter Available, Public

Interior and Exterior Features

Exterior Features
  • # of Floors: 0
  • # of Guest Space(s): 0
  • # Of Buildings: 2
  • Construction Materials: Block, Stucco, Wood
  • Stories: 2
  • Accessibility Features: Varies By Unit
  • Horse Property: false
  • Pool: false
  • Roof: Composition
  • Senior Community: false
Interior Features
  • Heating: Varies by Unit
  • Appliances: Free Standing Gas Oven, Free Standing Gas Range, Free Standing Refrigerator, Microwave
  • Spa: false
  • # of Fireplaces: 0
  • Cooling: Varies by Unit
  • Other Equipment: None
  • Flooring: Tile
  • Entry Level: 0
  • Possible Bedrooms: 0.0
  • Bedrooms: 0
  • Bathrooms: 0.0
  • Full Bathrooms: 0
  • Half Bathrooms: 0
  • # of Rooms: 0

Room Information

1 Bedroom Unit
  • # of 1 Bedroom Units: 12
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 0
2 Bedroom Unit
  • # of 2 Bedroom Units: 0
  • 2 Bedroom Annual Occupancy: .00%
  • # of 2 Bedrooms Occupied: 0
3 Bedroom Unit
  • # of 3 Bedroom Units: 0
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 0
4 Bedroom Unit
  • # of 4 Bedroom Units: 0
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0

Multi Family

Multi-Family Information
  • # Commercial Units: 0
  • Total # Owner Occupied: 0
  • # Studios Occupied: 0
  • # of Studio Units: 0
  • # of Units: 12
  • # Of Units Total: 12
  • Num of Units: 12
Multi-Family Additional Information
  • 2nd Unit Approx SqFt: 0.0
  • 2nd Unit Rents for: $.00
  • 2nd Unit Bedrooms: 0.0
Unit 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Full Baths: 1
  • Unit 1 Partial Baths: 0
  • Unit 1 Rent: $895.00
  • Unit 1 Approx SqFt: 600.0
  • Unit 1 # of Rooms: 0
Unit 2
  • Unit 2 Bedrooms: 1
  • Unit 2 Full Baths: 1
  • Unit 2 Partial Baths: 0
  • Unit 2 Rent: $895.00
  • Unit 2 Approx SqFt: 600.0
  • Unit 2 # of Rooms: 0
Unit 3
  • Unit 3 Bedrooms: 1
  • Unit 3 Full Baths: 1
  • Unit 3 Partial Baths: 0
  • Unit 3 Rent: $875.00
  • Unit 3 Approx SqFt: 600.0
  • Unit 3 # of Rooms: 0
Unit 4
  • Unit 4 Bedrooms: 1
  • Unit 4 Full Baths: 1
  • Unit 4 Partial Baths: 0
  • Unit 4 Rent: $875.00
  • Unit 4 Approx SqFt: 600.0
  • Unit 4 # of Rooms: 0
Mobile/Manufactured Home
  • Width: 0.0
  • Length: 0.0
  • Berth Size Length: 0.0
  • Berth Size Width: 0.0
Income & Expenses
  • Income Includes: Laundry, Rent Only
  • Operating Expense Includes: Insurance, Maintenance Grounds, Professional Management, Property Tax, Trash, Utilities, Vacancy Allowance

Rental

Rent Information
  • Land Lease: false
  • Studio Annual Occupancy: .00%
  • Tenant Pays: Electricity, Gas, Sewer, Trash Collection, Water
  • Current Rent: $.00

Property History for 1125 Lochbrae Road

DateEvent & SourcePriceAppreciation
Sep 11, 2020

Sold

METROLIST #20039470

$1,396,000—
Sep 8, 2020

Sold (Public Record)

Public Record #678448618

$1,396,000

+3.6% / yr

Jul 14, 2020

Pending

METROLIST #20039470

—
DateEvent & SourcePrice
09/11/2020

Sold

METROLIST #20039470

$1,396,000
09/08/2020

Sold (Public Record)

Public Record #678448618

$1,396,000

+3.6% / yr

07/14/2020

Pending

METROLIST #20039470

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public records

1125 Lochbrae Road

Total Finished SqFt

6,996 SqFt

Above Grade Finished SqFt

6,996 SqFt

Stories

2

Lot Size

10,000 SqFt

Style

Multi-Family Res (5+ Units)

Year Built

1947

Schools near 1125 Lochbrae Road

This home is within Twin Rivers Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Woodlake Elementary School
PublicK to 6

Rio Tierra Junior High School
Public7 to 8

Grant Union High School
Public9 to 12

Northlake TK-8
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1125 Lochbrae Road, Sacramento, CA 95815
$1,396,000
4
–
10,001
$485,000
2
1,202
10,018
–
2
1
968
6,098
–
4
2
1,984
7,405
–
–
–
19,100
–
–
–
4
2,904
10,019

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of North Coast Commercial, Inc., Timothy Swanston, DRE #01887506

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