Turn key Investment property. This Altos acres beauty is for the new buyer.Total of 8 units. 2 bedroom 1 bathroom each unit. All units are fully occupied. Majority of the units are remodeled. Low maintenance units. Wall AC. Wall Heater. Dual Pane widows. Water proof flooring. New cabinets in some.New paint on the exterior. 1/3 acre lot. Plenty of room to add more units. Fully gated. Inside parking. $108,864 total yearly income. The market rents are much higher. Two new tenants are rented at $1400 each. Section 8 pays more. The proforma is excellent. This can be a cash cow. There is a huge shortage of rentals in sacramento. This is the opportunity to buy a 8 units with good cash flow. Two separate buildings. Each building has 4 units. Each building has a laundry room. The laundry rooms can also be activated to generate more income.
Sold
$1,250,000
2687 Altos Ave, Sacramento, CA 95815
8beds
5,824sqft
5 or More Units
Built in 1963
-- sqft lot
$1,294,700 Zestimate®
$215/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: July 07, 2022 at 09:14am
Listed by:
Mohammed Jalal DRE #01423211 916-821-3212,
Intrust Realty Group
Bought with:
Real E-State
Source: MetroList Services of CA,MLS#: 222021384
Originating MLS: MetroList Services, Inc.

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Wall Furnace
Cooling
- Wall Unit(s)
Features
- Flooring: Tile, Vinyl
Interior area
- Total structure area: 5,824
- Total interior livable area: 5,824 sqft
Property
Parking
- Total spaces: 10
- Parking features: Off Street, Uncovered
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.31 Acres
Details
- Zoning: R-1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5 or More Units
Materials
- Stucco, Wood
Condition
- Year built: 1963
Community & neighborhood
Location
- Region: Sacramento
HOA & financial
HOA
- Has HOA: No
Services availability

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Estimated market value
$1,294,700