6201 Martin Luther King Jr Boulevard

Sacramento, CA 95824

$2,400,000
Price
5
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great investment opportunity with upside potential. 2 story, 16 unit building (+/-10,256 RSF) with onsite coin operated laundry. Roomy apartments all renovated with granite counter tops, wood laminate flooring, and updated appliances.Great investment opportunity with upside potential. 2 story, 16 unit building (+/-10,256 RSF) with onsite coin operated laundry. Roomy apartments all renovated with granite counter tops, wood laminate flooring, and updated appliances.
  1. Listed by Melinda Menigoz • DRE #01754522 • Parker Stevenson Brokerage

Property Details for 6201 Martin Luther King Jr Boulevard

Parking Features
Off Street, Street, Uncovered
Architectural Style
Traditional
Zoning
RD-30

Location

Listing Courtesy of Parker Stevenson Brokerage, Melinda Menigoz, DRE #01754522
Add your commute
LISTING UPDATED: 02/15/2024 01:36 PM

Property Details for 6201 Martin Luther King Jr Boulevard

StatusActive
MLS #224014021
Days on Compass74
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 5 or More Units
Year Built1958
Lot Size0.47 AC / 20,473 SF
CountySacramento County

Location

Listing Courtesy of Parker Stevenson Brokerage, Melinda Menigoz, DRE #01754522
Add your commute

Building Information for 6201 Martin Luther King Jr Boulevard

Stories2Residences16Year Built1958Building Size-Lot Size0.47 AC / 20,473 SF

Payment Calculator

$13,376 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,098

Property Taxes

$278

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6201 Martin Luther King Jr Boulevard

Summary
Location and General Information
  • Area/District: 10824
  • Area Short Display: 10824
  • Cross Street: 43rd Avenue
  • City: Sacramento
  • County: Sacramento
  • State: CA
  • Zip Code: 95824
  • Zip Plus 4: 3549
  • Topography: Level
  • Directions to Property: From Hwy 99 Exit at 47th Ave head West; Turn Right on Martin Luther King Jr. Blvd. Property is 0.2 miles up on the right.
Taxes and HOA Information
  • APN: 037-0181-009-0000
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
  • Association: No
  • 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: 19
  • Tandem Parking Spaces: 0
  • Open Parking Spaces: 19
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Year Built Source: Assessor Auto-Fill
  • Lot Size Acres: 0.47
  • Lot Size Source: Assessor Auto-Fill
  • Lot Size Square Feet: 20473.0
  • Lot Features: Corner
Property and Assessments
  • Property Condition: Updated/Remodeled
  • Irrigation: Irrigation Connected
  • Year Built: 1958
  • Picture Count: 8
  • Photos Provided By: Agent
  • Elevation: 0
  • Property Disclaimer: All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. <BR> All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. <BR> Copyright</A> &copy; 2024, MetroList Services, Inc. <BR> Any offer of compensation in the real estate content on this site is made exclusively to Broker Participants of the MetroList® MLS & Broker Participants of any MLS with a current reciprocal agreement with MetroList® that provides for such offers of compensation.
  • Census Tract: 69.0
  • Actual or Scheduled: Scheduled
Green Features
  • Green Verification Year: 0
Utilities
  • Separate Meters: Electricity, Gas
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Connected, DSL Available, Internet Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • # of Floors: 2
  • # of Guest Space(s): 2
  • # Of Buildings: 1
  • Construction Materials: Stucco, Frame, Wood
  • Foundation: Raised
  • Stories: 2
  • Window Features: Caulked/Sealed, Dual Pane Full
  • Roof: Composition
Interior Features
  • Heating: Wall Furnace
  • Appliances: Free Standing Gas Range, Free Standing Refrigerator, Gas Water Heater
  • Laundry Features: Coin Operated, In Common Area
  • Basement: None
  • Cooling: Wall Unit(s)
  • Electric: 220 Volts
  • Flooring: Laminate, Linoleum
  • # of Rooms: 0
Room Information
1 Bedroom Unit
  • 1 Bedroom Rent Range: 934-1195
  • # of 1 Bedroom Units: 10
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 10
2 Bedroom Unit
  • 2 Bedroom Rent Range: 934-1575
  • # of 2 Bedroom Units: 6
  • 2 Bedroom Annual Occupancy: .00%
  • # of 2 Bedrooms Occupied: 6
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: 1
  • # Studios Occupied: 0
  • # of Studio Units: 0
  • # Of Units Total: 16
  • Total # Leasable: 15
Unit 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Full Baths: 1
  • Unit 1 Partial Baths: 0
  • Unit 1 Lease Term: Month to Month
  • Unit 1 Occupancy: Tenant
  • Unit 1 Rent: $934.00
  • Unit 1 Approx SqFt: 560.0
  • Unit 1 SqFt Source: Owner
  • Unit 1 # of Rooms: 4
  • Unit 1 Type: Apartment
Unit 2
  • Unit 2 Bedrooms: 1
  • Unit 2 Full Baths: 1
  • Unit 2 Partial Baths: 0
  • Unit 2 Lease Term: Less Than 12 Months
  • Unit 2 Occupancy: Tenant
  • Unit 2 Rent: $1,195.00
  • Unit 2 Approx SqFt: 560.0
  • Unit 2 SqFt Source: Owner
  • Unit 2 # of Rooms: 4
  • Unit 2 Type: Apartment
Unit 3
  • Unit 3 Bedrooms: 1
  • Unit 3 Full Baths: 1
  • Unit 3 Partial Baths: 0
  • Unit 3 Lease Term: Month to Month
  • Unit 3 Occupancy: Tenant
  • Unit 3 Rent: $980.00
  • Unit 3 Approx SqFt: 590.0
  • Unit 3 SqFt Source: Owner
  • Unit 3 # of Rooms: 4
  • Unit 3 Type: Apartment
Unit 4
  • Unit 4 Bedrooms: 2
  • Unit 4 Full Baths: 1
  • Unit 4 Partial Baths: 0
  • Unit 4 Lease Term: Month to Month
  • Unit 4 Occupancy: Tenant
  • Unit 4 Rent: $1,474.00
  • Unit 4 Approx SqFt: 720.0
  • Unit 4 SqFt Source: Owner
  • Unit 4 # of Rooms: 5
  • Unit 4 Type: Apartment
Income & Expenses
  • Income Includes: Coin Operated Equipment, Manager's Unit
  • Operating Expense Includes: Property Tax, Rent/Lease, Electricity, Gas, Insurance, Trash, Utilities, Vacancy Allowance, Manager, Water/Sewer
Rental
Rent Information
  • Lease Term: Lease/Month to Month Mix
  • Lease Deposit: 0.0
  • Studio Annual Occupancy: .00%
  • Tenant Pays: Cable TV, Electricity, Gas

Property History for 6201 Martin Luther King Jr Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 6201 Martin Luther King Jr Boulevard

Taxable ValueLand$99,251Additions$148,878Total$248,129
Tax Record2023$3,338 ($278 / month)
Home Facts
Total Finished SqFt10,256 SqFtAbove Grade Finished SqFt10,256 SqFtStories2Lot Size20,473 SqFtStyleMulti-Family Res (5+ Units)Year Built1958ZoningRD-30CountySACRAMENTOAPN037-0181-009-0000

Schools near 6201 Martin Luther King Jr Boulevard

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 6
Rating
School
Distance
Pacific Elementary School
PublicK to 6

Fern Bacon Middle School
Public7 to 8

C. K. Mcclatchy High School
Public9 to 12

Bowling Green Elementary School
CharterK to 6

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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Similar Sold Homes

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6201 Martin Luther King Jr Boulevard is a multi-family home for sale in Sacramento, CA 95824. This property was listed for sale on February 15, 2024 by Parker Stevenson Brokerage, it's currently listed at $2,400,000. It has been on the market for a total of 74 days and was last sold on February 16, 2010. This listing's school district is Sacramento City Unified School District. Nearby schools include Pacific Elementary School, Fern Bacon Middle School and C. K. Mcclatchy High School. 6201 Martin Luther King Jr Boulevard is a 5-bed, 4-bath, multi-family home built in 1958.

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 Parker Stevenson Brokerage, Melinda Menigoz, DRE #01754522

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