12 unit apartment complex, all single story cottage-style units, located in the Bryte neighborhood of West Sacramento with close proximity to Interstate 80 and the Sacramento River. Approximately 2.4 miles from Raley Field, new home of the Sacramento Athletics MLB team and 3 miles from Downtown Sacramento and the Golden One Center, home of the Sacramento Kings. Well below market rents. Possibility to convert unused auditorium into 3 units and possible addition of 1 or 2 ADU units. Landlord is currently not charging utility RUBS. Can capture an additional $10k-$14k annually by instituting a $70 to $100 RUBS program. All units can accept rent increases for the 2025 year. Owner is keeping One unit vacant for viewing but can lease or keep vacant for potential buyer request. 3 units have private back yards.
Active
$1,800,000
1621-1617 Lisbon Ave, West Sacramento, CA 95605
18beds
7,488sqft
Est.:
5 or More Units
Built in 1940
-- sqft lot
$1,669,000 Zestimate®
$240/sqft
$-- HOA
What's special
Cottage-style units
- 45 days |
- 319 |
- 11 |
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