3251 24th Avenue

Sacramento, CA 95820

$525,000
Price
Beds
1,301 Sq. Ft.
$404 / Sq. Ft.
1,301
Sq. Ft.
$404
per Sq. Ft.

Description

Introducing a fantastic investment opportunity in the heart of Sacramento, California! Located at 3251 & 3247 24th Ave, this multi-family property offers two homes on one lot, perfect for maximizing rental income or even living in one unit while renting out the other. With a lot size of 6098 sqft and a total floor size of 1260 sqft, this property has plenty of space for both tenants and potential future development. The front home is bursting with character and features two bedrooms, one bath, and...Introducing a fantastic investment opportunity in the heart of Sacramento, California! Located at 3251 & 3247 24th Ave, this multi-family property offers two homes on one lot, perfect for maximizing rental income or even living in one unit while renting out the other. With a lot size of 6098 sqft and a total floor size of 1260 sqft, this property has plenty of space for both tenants and potential future development. The front home is bursting with character and features two bedrooms, one bath, and a front room that can be utilized as an additional living space or office. The bathroom and flooring have recently been remodeled, giving the home a fresh and modern feel. With new tenants already in place, this is a turnkey opportunity for investors. Brand new ADU just completed and ALL DONE WITH PERMITS. This gorgeous home is bright and cheery, boasting a spacious floor plan with 1 bedrooms and 1 bathroom. The beautiful kitchen is equipped with all new appliances, kitchen cabinets providing ample storage, a lazy susan and built-in pantry. The bedroom and bathroom are conveniently located off the great room, which offers plenty of space for a family room / dining room combo. Walking distance to restaurants and shops.
  1. Listed by Darlene Tucker • DRE #01343442 • Brokerage DRE #01331504 • Multisource • 916-412-1006

Property Details for 3251 24th Avenue

MLS City Name
SACRAMENTO
Building Type
OTHER
Garage Spaces
0
Parking Spaces
6
Cross Street
Franklin Ave

Location

Listing Courtesy of Multisource, Darlene Tucker, DRE #01343442
Add your commute
LISTING UPDATED: 05/02/2024 11:47 AM

Property Details for 3251 24th Avenue

StatusActive
MLS #ML81962332
Days on Compass13
Taxes$3,900 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeOther
MLS TypeRESIDENTIAL INCOME / OTHER
Year Built1939
Lot Size0.14 AC / 6,098 SF
CountySacramento County

Location

Listing Courtesy of Multisource, Darlene Tucker, DRE #01343442
Add your commute

Building Information for 3251 24th Avenue

Stories1Residences-Year Built1939Lot Size0.14 AC / 6,098 SF

Payment Calculator

$3,190 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,865

Property Taxes

$325

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3251 24th Avenue

Features
Features
  • Communications: None
  • Fireplace: No
  • Laundry: Washer/Dryer - Some Units
  • Living SqFt: 1301
  • Pool: No
  • Security Features: Security Fence
  • Special Features: None
Utilities
  • Cooling: Ceiling Fan, Window / Wall Unit
  • Heating: Floor Furnace, Other
  • Meters: Master Electric, Master Gas, Master Water
  • Sewer Septic: Sewer - Public, Sewer Connected
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Common Parking Area, Off-Street Parking, On Street, Uncovered Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Sacramento Elder Creek/Fruitridge - 10820
  • Roof: Composition
  • Subclass: Multiple Dwellings / Structures
  • Year Built Source: Assessor
  • Street Number: 3251
  • Street Name: 24th
  • Street Suffix: Avenue
  • Area ID: 10820
Lot / Property Details
Building Information
  • Number Of Stories: 1
  • Number of Buildings: 2
  • Structure SqFt: 1301
  • Structure SqFt Source: Other
  • Age: 85
Development Information
  • Ownership Type: Individual
  • Zoning Detail: R-1
Location Information
  • City Limits: Yes
  • Directions: Take highway 80 to 99 exit 12th Avenue.Turn right, go to the first stop Light Turn left at the light onto franklin, follow to 24th on yout left.
  • Parcel Number: 022-0012-029-0000
  • County Name: Sacramento
  • City Name: SACRAMENTO
  • City Postal ID: 235
  • Postal Code: 95820
  • Elementary School District: 1848
  • High School District Text: Sacramento City Unified
Lot Information
  • Foundation: Concrete Perimeter, Concrete Slab
  • Horse Property: No
  • Lot Acres: .14
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Mobile / Manufactured Information
Other Information
  • Dual Variable: No
Multi Family Information
Building Information
  • No Of Leased: 1
General Information
  • Annual Tax Amount: $3,900
  • Capitalization Rate: 6.59
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
  • Income Includes: Rents
  • Vacancy Factor: 5
Income / Expense Details
  • Expense Insurance: $1,400
  • Expense Landscape: $0
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $0
  • Expenses Total: $5,300
  • Operating Expenses Include: Insurance
  • Gross Rent Multiplier: 12.50
  • Income Annual Gross: $39,900
  • Income Annual Rental: $42,000
  • Income Gross Scheduled: $42,000
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $2,000
Unit 2 Information
  • Unit 2 Approx Square Footage: 538
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Rent: $1,500
Unit Type 1
  • Unit Type1 Approx SqFt: 762

Property History for 3251 24th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3251 24th Avenue

Taxable ValueLand$91,800Additions$225,420Total$317,220
Tax Record2023$3,792 ($316 / month)
Home Facts
Beds2Baths1Total Finished SqFt760 SqFtAbove Grade Finished SqFt760 SqFtStories1Lot Size6,098 SqFtStyleSingle Family ResidenceYear Built1939ZoningR-1CountySACRAMENTOAPN022-0012-029-0000

Schools near 3251 24th Avenue

This home is within Sacramento City Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Charter - K to 4
Rating
School
Distance
Ethel Phillips Elementary School
PublicK to 6

California Middle School
Public7 to 8

C. K. Mcclatchy High School
Public9 to 12

Growth Public
CharterK to 4

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.

Similar Homes

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3251 24th Avenue is for sale in Sacramento, CA 95820. This property was listed for sale on April 20, 2024 by Multisource, it's currently listed at $525,000. It has been on the market for a total of 13 days and was last sold on April 14, 2022. This listing's school district is Sacramento City Unified School District. Nearby schools include Ethel Phillips Elementary School, California Middle School and C. K. Mcclatchy High School. 3251 24th Avenue is a 0-bed, 0-bath, 1,301 sqft built in 1939.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Multisource, Darlene Tucker, DRE #01343442

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® 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 San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® 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.