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SOLD 9/30/2022

4100 Lotus Avenue, Sacramento, CA 95822$1,985,000

16
beds
9
baths
500
ft2
· 19602
ft2 lot
$4,300 / ft2

Listing provided courtesy of Listing Broker: Miguel Ugarte, Mid Valley Funding and Investm
Source MetroList;
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LOCATION LOCATION LOCATION !!! This 9 unit apartment complex is located on a quiet residential street. Situated on a corner lot with a park like setting. Mostly all the units have been updated with laminate floors, granite counters, updated cabinetry along with interior & exterior paint. Situated a few steps from William Land Park around the corner from Sac City College. Walking distance to Track 7 Brewery, Restaurants and shops. Conveniently located just a few minutes away from Downtown Sacramento in the Land Park surrounding area which was recently ranked on as the 3rd best neighborhood in Sacramento to raise a family in 2022. With a current cap of 4.24 and over a 6 cap pro forma, this complex will sell fast. Please do not disturb tenants. Property is under state & local rent control ordinance.

HOA

$0/month

On market

a month

Year built

1962

Property type

Residential Income

Parking

9

MLS

222086820

Price / Sq.Ft.

$4,300 / ft2

Status

Closed

Buyer’s Brokerage Commission

2.5%

Home details for 4100 Lotus Avenue

Interior Features & Layout
Appliances
•   
Laundry Details: Coin Operated, Washer/Dryer Owned, Varies by Unit, Washer/Dryer Hookups
•   
Appliances: Free Standing Gas Range, Varies By Unit
Bathrooms Info
•   
Full Baths: 9
Heating & Cooling
•   
Has Cooling
•   
Heating Details: Wall Furnace
Flooring
•   
Flooring: Laminate, Varies by Unit
Property, Lot, Community & Exterior Features
Parking Info
•   
Garage Spaces: 0.0
•   
Covered Spaces: 0.00
•   
Carport Spaces: 9.00
•   
Parking Descriptions: Off Street, Carport
Lot Info
•   
Topography: Trees Few
•   
Lot Description: Curbs/Gutters, Landscape Front
•   
Acres: 0.45 acre(s)
Property Type
•   
Mls Prop Type: Residential Income
Building Info
•   
Building Condition: Updated/Remodeled
•   
Style: Traditional
•   
Stories: 1
•   
Foundation: Raised, Other
•   
Roof: Composition
Exterior Features
•   
Exterior: Curbs/Gutters, Landscape Front, Play Area, Uncovered Patio, Varies by Unit
Utilities & Other Information
Utilities
•   
Utilities: City
Water & Sewer Info
•   
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Tax/Assessment Info
•   
Estimated Tax: 26875.0
Listing Details
•   
Sale Type: Resale/New
Listing Info
•   
Status: Closed
Multi Unit Information
Unit 1 Information
•   
Unit 1 Bedrooms: 2
Unit 2 Information
•   
Unit 2 Bedrooms: 7
School Neighborhood & Directions
Location
•   
Cross Street: Freeport
School Info
•   
Directions: Lotus Ave and 15th Ave near freeport Blvd.
Other
Calculation
•   
Dom: 100

Property History for 4100 Lotus Avenue

10/05/2022
10/05/2022
MetroList #222086820
deleted
MetroList #222086820
$2,150,000
+8.31%
09/30/2022
09/30/2022
MetroList #222086820
sold
MetroList #222086820
$1,985,000
--7.67%
08/10/2022
08/10/2022
MetroList #222086820
temp_off_market
MetroList #222086820
$2,150,000
08/10/2022
08/10/2022
MetroList #222086820
deleted
MetroList #222086820
$2,150,000
08/10/2022
08/10/2022
MetroList #222086820
pending
MetroList #222086820
$2,150,000
See more property history
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