Introducing 413 Harbor Blvd, West Sacramento, CAan 8-unit apartment complex situated in a bustling employment area. Each unit features two bedrooms and one bath, offering comfortable living spaces for tenants. Fully leased, this property offers a compelling investment prospect with rents approximately 30% below market. Strategically positioned, it presents an excellent opportunity for investors seeking to optimize returns through rent adjustments and enhanced property management efficiency. Whether for a 1031 exchange or to bolster an existing portfolio, this property holds promise for value appreciation and long-term success in the competitive West Sacramento real estate market. The city's ongoing development initiatives and proximity to major employment centers make it an attractive destination for both residents and investors alike.
Closed
$1,125,000
413 Harbor Blvd, West Sacramento, CA 95691
16beds
0baths
5,824sqft
5 or More Units
Built in 1964
-- sqft lot
$1,182,400 Zestimate®
$193/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: April 22, 2024 at 07:45pm
Listed by:
Christopher Hagerman DRE #02089541 916-223-2442,
Nick Sadek Sotheby's International Realty
Bought with:
Christopher Hagerman, DRE #02089541
Nick Sadek Sotheby's International Realty
Source: MetroList Services of CA,MLS#: 224022180Originating MLS: MetroList Services, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 0
Heating
- Wall Furnace
Cooling
- Ceiling Fan(s), Wall Unit(s)
Features
- Flooring: Carpet
- Has fireplace: No
Interior area
- Total interior livable area: 5,824 sqft
Property
Parking
- Total spaces: 21
- Parking features: Guest
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.52 Acres
Details
- Parcel number: 008082036000
- Zoning description: M-1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5 or More Units
Materials
- Stucco
- Roof: Composition
Condition
- Year built: 1964
Community & neighborhood
Location
- Region: West Sacramento
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Estimated market value
$1,182,400