Price Reduction
Address
5300 College Oak Drive, Sacramento, CA
Price
$ 579,900
Property Attributes
  • MLS#224044904
  • TypeCommercial
  • CountySACRAMENTO
  • CitySacramento
  • AreaSacramento
  • Zip95841
  • StyleMixed Use
  • Price$ 579,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage828
  • Lot Size0.4472 Acres
Data Source:
MetroList MLS
Property Description

Welcome to 5300 College Oak Drive! This incredible multi-unit property is perfect for anyone looking for rental investment opportunities. This is a contractors special as the seller has just finished the permits to add an additional ADU on the property. Looking to have the ADU built prior to close? Seller is willing to build ADU at additional costs. These homes are located in Light Commercial zoning which includes opportunity for a wide range of uses on the property. The main house features two bedrooms and one bath, while a separate office with garage is an added bonus. Plus, the attached storage area gives you extra space to continue renting for additional income each month. Currently gross income is $4,300 with future increase with another ADU. These amazing property also provides a wonderful location near Sacramento State University and Downtown Sacramento. Enjoy easy access to great restaurants, shops, cafes and more - plus public transportation stops within walking distance make getting around town an effortless task. With so much convenience at your fingertips, this is the ideal property for those wanting to be close to the city without sacrificing peace and quiet in their own home.

Price History
5/8/2024 Listed $600,000
5/31/2024 4% - $579,900

General Features

Sewer Sewer Connected
Heating Other
Cooling Evaporative Cooler,Other
Utilities Cable Available,Internet Available,Other
Roof Composition
Construction Materials Stucco,Wood
Year Built 1958
Electric 220 Volts
Tenant Pays Varies by Unit
Stories 1
Loading None
Property SubType Mixed Use
Location Public Transportation Nearby,Restaurant Nearby,Shopping Nearby,Other
OwnerPays Grounds Care,Other
Business Type Commercial,Storage,Other
County Sacramento
Property Type CommercialSale
Building Features Multiple Tenant Building,Restroom(s)-Private
Close Price 0.0
Status Active
Directions From 80,Take Madison Ave exit,go east. Left on College Oak to #.
City Sacramento
Buyer Agent Compensation 2.5
Zoning Description LC
NumberOfUnitsTotal 3
MLS Area 10841
Lot Size Square Feet 19480.0
Ok to Lease Month To Month
Structure Type Mixed Use,Office,Detached,Other
Standard Status Active
Year Built Source Assessor Auto-Fill
Buyer Agent Compensation Type Percent

Interior Features

Flooring Tile,Carpet,Vinyl,Linoleum
Office Area 350

Exterior Features

Parking Features Commercial Vehicle Allowed,Fenced,Garage,Leased Parking Area
Water Source Public
Total Parking 0.0
Building Area Total 828.0
Lot Size Acres 0.4472
Lot Size Source Owner
Parking Ratio 0.0

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 95841

Price
AVG $1.66M
$580K
Visits
AVG 503
134
Data Provided by Inside Real Estate®
Year Built
AVG 1967
1958

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