1412 V Street, Sacramento, CA

$799,000

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2

Beds

2

Baths

1,372

Square feet

0.08

Acres

About 1412 V Street

Property has been totally remodeled with Sacramento city permits and inspection in 2019. Remodel included new roof, plumbing, HVAC, electrical wiring and 220-amp service. New water and sewer line installed. Small 99SF hobby studio in the rear yard. Gross scheduled income is $91,104 and net annual income is $89,995 with both units rented. Cap rate is 10.6 including taxes and insurance. Annual expenses are $11,093 including all utilities, tax and insurance. Rents were sourced 50% owner and 50% Airbnb and a mix of short-term and long-term rental income. All properties are fully furnished and rented. Managed by owner. This single-family home can be used as a 3 bedroom/ 2 bath house, or it can be used as 1-bedroom 1bath with a separate 1-bedroom 1bath ADU. There are soundproof doors and separate climate control which makes it happen. This property can be part of a 3-income property package. Total price for three properties is $2,797,000 discounted to $2,789,000. The other two duplexes adjacent in the rear are 1409-1411 Victorian Alley which is available for $1,099,000 and 1413-1415 Victorian Alley which is available for $1,099,000. Total annual net income for the 3-properties is $320,753.

Features of 1412 V Street

MLS® # 223115604
Price $799,000
Bedrooms 2
Bathrooms 2.00
Full Baths 2
Square Footage 1,372
Acres 0.08
Year Built 1916
Type Residential
Sub-Type Single Family Residence
Style Bungalow, Mid-Century
Status Active

Community Information

Address 1412 V Street
Area Sacramento Land Park/Curtis Park
City Sacramento
County Sacramento
State CA
Zip Code 95818-1420

Amenities

Utilities All Public
Features Entry Gate
Parking No Garage
View City
Has Pool No
Pool No

Interior

Appliances Free Standing Gas Oven, Free Standing Gas Range, Free Standing Refrigerator, Gas Plumbed, Gas Water Heater, Dishwasher, Microwave, Plumbed For Ice Maker, Tankless Water Heater
Heating Central, Natural Gas
Cooling Ceiling Fan(s), Central
Fireplace Yes
# of Fireplaces 1
Fireplaces Living Room
Has Basement No

Exterior

Lot Description Grass Artificial, Landscape Front, Low Maintenance
Roof Composition
Construction Wood, Wood Siding
Foundation Raised, Concrete Perimeter

School Information

Attendance Zone C.K. MCCLATCHY HIGH SCHOOL, WILLIAM LAND ELEMENTARY SCHOOL, SUTTER MIDDLE SCHOOL
District Sacramento
Elementary Sacramento Unified
Middle Sacramento Unified
High Sacramento Unified

Additional Information

Zoning R-1B-S
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMills Realty

Listing Map

Listing Schools/Amenities

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