2700 29th Avenue

Sacramento, CA 95820

2700 29th Ave is a multifamily property located in the Hollywood Park neighborhood of Sacramento, featuring (8) 2 bedroom, 1 bathroom houses on one parcel. 7 of the 8 units will be delivered occupied at sale, with the 8th unit being delivered fully gutted and ready for remodel. Each unit is individually metered for gas and electric, with the owner paying water/sewer/garbage. Each unit also includes a private backyard, as well as washer and dryer hookups. Half of the houses have new electric panels, new plumbing, and have been recently updated. The most recent vacancy was filled at $1795, setting a new precedent for future vacancies. The remaining current tenants are eligible for rental increases. There is also room to expand units on the property, including making several of the current units larger, and adding at least two ADU's. There is also potential to expand the backyards to make them larger.

Listing courtesy of North Coast Commercial, Inc.



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Information last updated 2024-10-29 05:00 PM PDT