Active

355 375 El Camino Avenue

Sacramento CA, 95815

$2,400,000


Active

2 Beds

1 Bath

Multi-family

Built in 1958

We are pleased to present two 8-unit complexes contiguous to one another, 355 & 375 El Camino Avenue, Sacramento (16-Units). This is a gated community with on-site laundry and off-street parking for the residents. The building consists of two-two bedroom/one bathroom, twelve-one bedroom/one bathroom & two-studio living units. This subject property has been upgraded throughout its entire ownership with electric stoves, wall heat/air system, upgraded cabinets and new laminate flooring in the kitchen and bathrooms. Some units have been updated with new counter tops, six panel doors, and new vanities in the bathroom as well. The floor plans are spacious with both buildings equaling 9,454 square feet. These two-story complexes were constructed with wood frame and stucco with a pitched roof. Also, a new investor should consider implementing a Ratio Utility Billing System (RUBS) on the remainder of the units to increase monthly cash flow. RUBS currently range between $50-100 per unit monthly depending on the number of tenants within the unit. These El Camino Avenue properties are located in North Sacramento on a major thoroughfare through the region. El Camino Avenue runs from Interstate-80 on the west all the way through Arden-Arcade to the American River on the east.

223111793

MLS ID

November 21, 2023

Updated

Map

355 375 El Camino Avenue
Sacramento CA, 95815

Interior Features

Total Stories

2


Bedrooms

2 Beds


Bathrooms

1 Bath


Interior Features

Carpet, Laminate, Tile, Vinyl


Floor Description

Carpet, Laminate, Tile, Vinyl


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.34 acres

School Information

School District

Sacramento


High School

Sacramento Unified


Elementary School

Sacramento Unified

Other Property Details

Area Name

10815


Garage

No


Parking

No


Parking Total

12


View

No


County

Sacramento


Pool

No


Zoning

R-3


Buyer Agency Compensation

2%

Courtesy of Collier's International CA, Inc., Matthew Sarro,
Listing Contact: 9166165267 

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