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1812 El Monte Ave, Sacramento, CA 95815

HO
CA 01994847
$495,000
19 days on market
Updated 19 days ago

Character & Capital

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 2,576
Net Rentable (SqFt) 2,576
Units 2
Cap Rate 8.80%
NOI $3,580
Occupancy 50%
Tenancy Multi
Pro-Forma Cap Rate 9.60%
Pro-Forma NOI $4,000
Price per SqFt $192
Year Built 1925
Year Renovated 2025
Buildings 1
Lot Size (SqFt) 7,405
Zoning Residential Duplex R-1
Sale Condition N/A

High CAP rate, DUPLEX

Marketing description

Opportunity meets flexibility in this renovated bungalow with significant income potential. The 3 bedrooms, 2 bathrooms main house has been modernly updated yet still incorporates historic charm. The 1 bedroom 1 bathroom semi-attached second unit sits to the rear. Offset your mortgage with current rental income or make it your multi-generational living home. Even moreSac City notes the spacious lot can accommodate 2-3 additional ADUs. Endless possibilities and impressive CAP rate!

Centrally located with quick access to Midtown, Uptown, and Arden-Arcade amenities, this home is clean and move-in ready! It blends comfort, character, and smart living. Featuring bright living spaces, updated kitchen, newer roof with transferrable warranty, renovated bathrooms and a single car garage. Newer laminate flooring coordinates with original wood flooring. Fresh paint throughout, sewer line replaced, arborist work completed, both units equipped with washer/dryers. $60K+ updates completed in the last year. The front house is currently vacant. Rear rental unit pics and video will be posted soon. Previously rented at $2,300. Quiet location, short distance to local coffee and a popular brewing company. Come into homeownership with built-in financial flexibility!

Investment highlights

1st unit updated and ready to lease

2nd unit occupied at $1300/month

8.8% CAP Rate @ current price

Listing Contacts

HO
CA 01994847

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$3,580.00
$298.33/mo

Valuation Metrics

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DSCR
0.72%
Cap Rate
0.72%
ROI

Map

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Additional Information

Name
Haven O'Halloran
License
01994847
Brokerage
Engel & Volkers Healdsburg
Brokerage Phone
4153024960
Title
Real Estate Sales Person
Brokerage Address
328 Healdsburg Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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