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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