7547 Sunset AveFair Oaks, CA 95628

Property Details for 7547 Sunset Ave

Year built

1990

Construction

WOOD

Lot size

0.36 AC

Property size (Sq ft)

1,446 SF

Zone code

RD-30

Property type

Healthcare properties

Property subtype

Medical offices

APN

242-0390-020-0000

APU

24203900200000

Description

This exceptional Fair Oaks, CA office building, totaling approximately 1,446 square feet, presents a compelling investment opportunity. Currently configured as a medical office, it's adaptable to various uses, including traditional office or daycare (permitted zoning: RD-30). Situated on a spacious 15,813 square foot lot, the property boasts high visibility due to its location on Sunset Avenue, experiencing 20,660 cars daily. The building has been meticulously maintained by its owner-occupants for decades. Its prime location near Northridge Country Club and surrounded by affluent residential areas with average household incomes exceeding $110,000 within a one-mile radius ensures strong demographics and high demand. The asking price is $500,000 ($345.78/sq ft). This single-story building offers significant potential for continued success and strong rental income, given its current fully occupied status. The ample lot size provides additional parking and potential for future expansion. This is a rare opportunity to acquire a well-maintained, high-visibility property in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $191,458

  6.5%

  $176,730

  7%

  $164,106

• Comparable approach

  Method

  Valuation

  Relative Method

  $206,460

  Geo Method

  $206,460

• Alternative Use

  Use

  Valuation

  Residential

  $219,145

  Hospitality

  $200,736

  Educational

  $167,010

  Medical

  $172,754

  Retail

  $259,793

Location Insight

City

Fair Oaks

County

Sacramento

State

California

Latitude

38.653

Longitude

-121.288

CBSA code

40900

CBSA name

SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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