Address
2602 Franklin Way West Sacramento, CA
Price
$ 3,569,000
Property Attributes
- MLS#20073735
- TypePending
- CountyYOLO
- CityWest Sacramento
- Zip95691
- Style
- Price$ 3,569,000
- Bedrooms10
- Full Bathrooms4
- Half Bathrooms0
- Lot Size2.4 Acres
Listing Provided Courtesy Of:
Adrian del Rio CalBRE# - 01431059 with PCG Commercial, Inc
Property Description
Franklin Way Single-Family Residences consists of a total of 22 homes comprised of Thirteen (13), 3 Bedroom / 1 Bath homes approximately 936 SF each plus Nine (9), 2 Bedroom / 1 Bath homes approximately 727 SF each for total building size of 18,504 SF .Built in 1961 the homes are situated side-by-side on two parcels and are fully leased to tenants with guaranteed income from Section 8, SSI, and Pensions or employed in the 'essential' category.Each home has their own individual front and backyard, drive-way carport, and washer/dryer hook-ups.The value-add is in that the majority of the tenants have not received a rental increase in over 12 months of which many are well below market rent based on newest leases.There's also potential upside in rebuilding or expanding on two lots where two units burned down (2016) or utilizing them as picnic/play areas for the tenants.The homes command high market rent since tenants prefer to live in single-story housing versus stacked apartments.
| Elementary School | Middle School | High School |
|---|---|---|
| River Delta Unified Elementary School | River Delta Unified Middle School | River Delta Unified High School |
| Price History | |
|---|---|
| 12/17/2020 | Listed $356,900,000 |
| 12/18/2020 | 99% - $3,569,000 |
General Features
| Air | Window |
|---|---|
| Amenities | Lndry H-Up Tnt Units, Patios/Balcony, Public Trans Nearby, Yard Space |
| Apn | 008-421-013-000 |
| Area | 10691 |
| Cc&rs | No |
| Census Tract | 102.03 |
| Construction | Wood |
| Energy Features | Ceiling Fan(s) |
| HOA | No |
| HOA | MetroList Services, Inc. |
| Parking | +1 Space Per Unit, Carport |
| Property Description | Franklin Way Single-Family Residences consists of a total of 22 homes comprised of Thirteen (13), 3 Bedroom / 1 Bath homes approximately 936 SF each plus Nine (9) |
| Property Subtype | 5 or More Units |
| School County | Yolo |
| Total # Leasable | 22 |
| Total Number Indiv Units | 22 |
| Year Built | 1959 |
| Zoning | M1 |
Interior Features
| # of 2 Bedroom Units | 9 |
|---|---|
| # of 3 Bedroom Units | 13 |
| Equipment | Gas Water Heater |
| Floor Covering(s) | Carpet, Laminate, Linoleum/Vinyl, Wood |
| Furnished Y/N | None |
| Heating | Furnace Wall |
| Kitchen Appliances | Other-Attch |
| Unit 1 Apx Sq Ft | 727 |
| Unit 2 Apx Sq Ft | 727 |
| Unit 3 Apx Sq Ft | 936 |
| Unit 4 Apx Sq Ft | 936 |
| Unit 4 Full Baths | 1 |
Exterior Features
| Unit 1 Bedrooms | 2 |
|---|---|
| Unit 1 Full Baths | 1 |
| Unit 1 Rent | 1227 |
| Unit 2 Bedrooms | 2 |
| Unit 2 Full Baths | 1 |
| Unit 2 Rent | 1227 |
| Unit 3 Bedrooms | 3 |
| Unit 3 Full Baths | 1 |
| Unit 3 Rent | 1479 |
| Unit 4 Bedrooms | 3 |
| Unit 4 Rent | 1479 |
| Acres | 2.4000 |
| Exterior | Stucco, Wood |
| Roof Description | Comp Shingle |
| Total # Of Bldgs | 22 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 95691
Price
Visits
Year Built
Walkscore
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