$745,000 6004 Martin Luther King Jr Boulevard Sacramento, CA

MLS: 17064510   Type: Income   County: Sacramento   City: Sacramento   Zip: 95824     Stories: 2

Mortgage $3,498 /mo



Half Baths

Sqr Footage









Updated 12 unit complex, 2 units with 1bed/1bath & 10 studio units w/ 1bath fully occupied in the Sacramento Elder Creek/Fruitridge neighborhood. Selling at a cap rate of at least 8.3%. Great investment property without the hassle or worries! New paint & paved parking lot, dual pane windows, newer laminate flooring. Coin-op laundry on site. Close to schools, parks, shopping, freeway, and public transportation. This is an outstanding cash flow opportunity well positioned for rent growth!

Elementary School

Middle School

High School

Sacramento Unified
Distance: 3.14 Miles
Sacramento Unified
Distance: 13.21 Miles
Sacramento Unified
Distance: 8.35 Miles

Price History

10/5/2017 Listed $745,000

Air Refrig Wall Units
Amenities Patios/Balcony, Public Trans Nearby, Washer/Dryer Leased, Yard Space
Apn 037-0011-011-0000
Approx. Elevation 0
Area 10824
Cc&rs Yes
Census Tract 1.00
Construction Frame, Wood
Energy Features Dual Pane Full, Varies by Unit
HOA MetroList Services, Inc.
Hoa Dues 0
Property Description Updated 12 unit complex
School County Sacramento
Stories 2
Total # Indiv Units 12
Total # Leasable 0
Year Remodeled/updtd 2013
Zoning RD-20

Interior Features

# Of 1 Bedroom Units 2
# Of 2 Bedroom Units 0
# Of 3 Bedroom Units 0
Equipment Window Furnishings
Floor Covering(s) Laminate, Linoleum/Vinyl, Tile, Varies by Unit
Furnished Y/N None
Heat Furnace Wall, MultiUnits
Kitchen Appliances Microwave B/I, Range Gas F/S, Varies by Unit
Unit 1 Apx Sq Ft 358
Unit 2 Apx Sq Ft 358
Unit 2 Half Baths 0
Unit 3 Apx Sq Ft 358
Unit 4 Apx Sq Ft 358
Unit 4 Full Baths 1
Unit 4 Half Baths 0

Exterior Features

# Of Cvrd Prk Spaces 0
Acres 0.3667
Exterior Stucco
Garages 0
Parking 1 Space Per Unit, Open
Roof Description Comp Shingle
Total # Of Bldgs 3
Uncovered Parking 12

Property Schools

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Gallery (12 photos)

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Property vs Zip Code Avg (95824)

Price 745K Avg 409K

Acres 0.37 Avg 0.19

Visits 10 Avg 18

Days on Site 29 Avg 45

Walkscore® 63 Avg 62

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Listing Provided Courtesy Of: Everard D. Visitacion CalBRE# - 01474995 with Akimax Realty

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Location & Address

Julie Cosgrove Real Estate Professionals at Keller Williams Realty
3133 W. March Lane Suite 1060
Stockton, CA
(209) 207-5605