202 East Sacramento Street
202 East Sacramento Street
Description
Currently the rents are well below market. There is over 90% upside in the rents making it an ideal value add opportunity. The large lot allows for a new owner to come in and add additional value to the...196-202 e. Sacramento street is a ten unit building with all 2 bed / 2 bath units. The asset offers 7,280 square feet sitting on a 21,078 square foot lot. Built in 1985, this property has 16covered parking spaces with room for more. The property also boasts of a large yard for the tenants to enjoy
Currently the rents are well below market. There is over 90% upside in the rents making it an ideal value add opportunity. The large lot allows for a new owner to come in and add additional value to the property.
- Listed by Mario Gandara • DRE #01898787 • W&D Real Estate Investments
- Listed by Dante Underwood • DRE #01841690 • Assurant Properties
Property Details for 202 East Sacramento Street
Location
Property Details for 202 East Sacramento Street
| Status | Active |
|---|---|
| MLS # | SB22226498 |
| Days on Market | 154 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1985 |
| County | Los Angeles County |
Location
Building Information for 202 East Sacramento Street
Payment Calculator
$19,332 per month
30 year fixed, 6.73% Interest
$18,641
$691
$0
Property Information for 202 East Sacramento Street
- Gross Income: $174,132
- Gross Scheduled Income: $174,132
- Net Operating Income: $82,041
- Gross Multiplier: 21.03
- Cap Rate: 2.61
- Operating Expense: $86,867
- Fuel Expense: $0
- Electric Expense: $0
- Insurance Expense: $2,500
- Professional Management Expense: $0
- Trash Expense: $1,800
- Water Sewer Expense: $3,500
- Total Expenses: $86,867
- Tax Tract Number: 07688
- Tax Census Tract: 4611.00
- CFD/Mello-Roos Fee: $1,815
- Tax Lot: 7
- Community Features: Sidewalks
- Laundry: Yes
- Laundry Features: Common Area
- Fireplace Features: None
- Fireplace Rooms: None
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Additional Parcels Description: 5835025012
- Lot Features: 0-1 Unit/Acre
- Number Of Units: 10
- Land Lease: Yes
- Land Lease Type: Lease
- Levels: One
- Water: Public
- Sewer: Public Sewer
- Water Source: Public
- Garage Spaces: 16
- Carport Spaces: 0
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 2
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,300
- Unit Type Total Rent: $1,300
- Unit Type Pro Forma: 2800
- Unit Type Type: 1
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 2
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,365
- Unit Type Total Rent: $1,365
- Unit Type Pro Forma: 2800
- Unit Type Type: 10
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 2
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,500
- Unit Type Total Rent: $1,500
- Unit Type Pro Forma: 2800
- Unit Type Type: 2
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 2
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,365
- Unit Type Total Rent: $1,365
- Unit Type Pro Forma: 2800
- Unit Type Type: 3
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 2
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,365
- Unit Type Total Rent: $1,365
- Unit Type Pro Forma: 2800
- Unit Type Type: 4
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 2
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,600
- Unit Type Total Rent: $1,600
- Unit Type Pro Forma: 2800
- Unit Type Type: 5
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 2
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,416
- Unit Type Total Rent: $1,416
- Unit Type Pro Forma: 2800
- Unit Type Type: 6
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 2
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,700
- Unit Type Total Rent: $1,700
- Unit Type Pro Forma: 2800
- Unit Type Type: 7
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 2
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: Yes
- Unit Type Actual Rent: $1,600
- Unit Type Total Rent: $1,600
- Unit Type Pro Forma: 2800
- Unit Type Type: 8
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 2
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,300
- Unit Type Total Rent: $1,300
- Unit Type Pro Forma: 2800
- Unit Type Type: 9
- Rent Controlled: No
- Number Of Buildings: 3
- Number Of Separate Electric Meters: 11
- Number Of Separate Gas Meters: 11
- Number Of Separate Water Meters: 2
Property History for 202 East Sacramento Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 202 East Sacramento Street
Schools near 202 East Sacramento Street
| Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 6 to 12 |
| Rating | School | Distance |
|---|---|---|
Altadena Elementary School PublicK to 5 | ||
Charles W. Eliot Middle School Public6 to 8 | ||
John Muir High School Public9 to 12 | ||
Marshall Fundamental School Public6 to 12 |
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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Listing Courtesy of W&D Real Estate Investments, Mario Gandara, DRE #01898787; Assurant Properties, Dante Underwood, DRE #01841690
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.