691 El Camino Avenue
691 El Camino Avenue
$1,225,000
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Description
691 El Camino Ave., Sacramento is an 8 unit in the heart of the rejuvenated North Sacramento market. This small gated apartment complex is comprised of all 1 bedroom with 1 bath units approximately 540 SF with an onsite laundry facility. The units are separately metered for electrical and gas. The units also feature dual pane windows, wall heating & air, updated appliances (varies), along with one (1) central water heater. Four (4) of the unit interiors were upgraded with paint, appliances, and flooring....691 El Camino Ave., Sacramento is an 8 unit in the heart of the rejuvenated North Sacramento market. This small gated apartment complex is comprised of all 1 bedroom with 1 bath units approximately 540 SF with an onsite laundry facility. The units are separately metered for electrical and gas. The units also feature dual pane windows, wall heating & air, updated appliances (varies), along with one (1) central water heater. Four (4) of the unit interiors were upgraded with paint, appliances, and flooring. The exterior was also improved with a modernized paint pallet with light fixtures. Many of the leases are well below market with an average rental rate of $1,043. A recently rented unit leased for $1,214 signifying that there's a loss-to-lease rent of approximately $16,416 if all the units were paying the new rental rate. Furthermore, there are two vacant units that can be leased at market rate. Plus, the ownership recently implemented RUBS on the new leases to help offset utility costs.
- Listed by Adrian del Rio • DRE #01431059 • PCG Commercial, Inc
Property Details for 691 El Camino Avenue
Parking Features
Off Street, Street
ZoningRB-2
Location
LISTING UPDATED: 04/21/2024 10:29 AM
Property Details for 691 El Camino Avenue
Status | Active |
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MLS # | 224028767 |
Days on Compass | 35 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / 5 or More Units |
Year Built | 1949 |
Lot Size | 0.14 AC / 6,098 SF |
County | Sacramento County |
Location
Building Information for 691 El Camino Avenue
Stories-Residences8Year Built1949Building Size-Lot Size0.14 AC / 6,098 SF
Payment Calculator
$7,728 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 691 El Camino Avenue
Property History for 691 El Camino Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 691 El Camino Avenue
Taxable ValueLand$183,600Additions$795,600Total$979,200
Tax Record2023$12,519 ($1,043 / month)
Home Facts
Total Finished SqFt4,392 SqFtAbove Grade Finished SqFt4,392 SqFtStories2Lot Size6,098 SqFtStyleMulti-Family Res (5+ Units)Year Built1949ZoningR-2BCountySACRAMENTOAPN263-0242-016-0000
Schools near 691 El Camino Avenue
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 | |||
Charter - | K to 12 |
Rating | School | Distance |
---|---|---|
Northwood Elementary School PublicK to 6 | ||
Martin Luther King Jr. Technology Academy Public7 to 8 | ||
Grant Union High School Public9 to 12 | ||
Community Collaborative Charter School CharterK 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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