For Sale
$499,980

5561 48Th St Sacramento, CA 95820

Two-unit duplex, excellent rental income.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents a charming, well-maintained duplex located in Sacramento, CA, at 5561 48th St & 4931 Fruitridge Rd. The property boasts a convenient corner location, offering easy access to freeways, and proximity to Davis University (25 minutes), Sacramento State University (10 minutes), and numerous Asian markets and Vietnamese restaurants (5 minutes). A Vietnamese Church is also within a 15-minute radius. This 1-story, 1950-built duplex features two units, each comprising two bedrooms and one bathroom, a one-car garage, and a private backyard. The total square footage is 1,805, with each unit offering significant living space. One unit underwent a complete interior remodel in 2018, including a new AC unit installed in 2023. The other unit requires minor updates, such as new flooring and paint, but already features double-pane windows. The property features a new roof installed in 2018. Currently operating at 100% occupancy, the duplex generates a substantial annual rental income of $37,260. The property is zoned for duplex use and is offered at $499,980, representing an attractive price per square foot of $277 and a price per unit of $249,990. This property is ideal for owner-users, particularly retirees or college students attending UC Davis, allowing for personal occupancy and rental income from the second unit. The property is held under an LLC and is suitable for a 1031 exchange. The property's APN is 022-0273-012-0000.

Highlights

  • $37,260 annual rent.
  • Two 2bd/1ba units, each with a 1-car garage and private backyard. Central HVAC.
  • Excellent tenants with a history of on-time rent payments and desire to remain.
  • 1031 exchange opportunity: Combine with 5001-5005 37th Ave, Sacramento, CA 95824 ($499,980) for exchanges up to $1,025,000.
  • Offers subject to inspection; include earnest money deposit, proof of funds, and pre-approval letter submitted to [email protected]. Contact 408-205-6701 with questions.

Property Details for 5561 48Th St

Property type
Residential income homes, Apartment buildings
Square Feet
1,805 SF
Year Built
1950
Buildings
1
Stories
1
Units
2

Location Insight

City
Sacramento
County
Sacramento
State
California
Latitude
38.525068576343
Longitude
-121.4475696132

FAQs

What type of property is this?
Residential income home - Two-unit duplex, excellent rental income.
Where is the residential income home located?
The property is located at 5561 48Th St Sacramento, CA.
What is the asking price?
The asking price for this property is $499,980.
What are key features of this property?
This property features: $37,260 annual rent.; Two 2bd/1ba units, each with a 1-car garage and private backyard. Central HVAC.; Excellent tenants with a history of on-time rent payments and desire to remain.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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5561 48Th St
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