1449 Claremont Way - Apartments FOR SALE


Sacramento, CA 95822- Pocket-Greenhaven
$1,095,000 USD
916-281-6337
1449 Claremont Way, Sacramento, CA for Sale
$1,095,000 USD
Apartments - FOR SALE
1/34
null | Request Cap Rate

1449 Claremont Way
Sacramento, CA 95822
Pocket-Greenhaven


HIGHLIGHTS

  • Well-maintained duplex on a large corner lot in the highly desirable South Land Park neighborhood, perfect for an owner-occupant or investment
  • 2 spacious 2-bedroom units with in-unit laundry, private backyards, dedicated garages, and flexible den/office space
  • 1449 Claremont is currently leased; 4730 Monterey Way is available now for an owner-occupant
  • Built in 1950; Mid-century and contemporary architecture style
  • Bright interiors with soaring ceilings and abundant natural light
  • Short drive or bike ride to William Land Park, Sprouts, Oto’s, Raley’s, Mendocino Farms, Buckhorn Grill, Habit Burger, Pet Food Express, and much more

OVERVIEW

Located in the highly desirable South Land Park neighborhood, this well-maintained duplex sitting on a large corner lot presents a rare opportunity for both investors and owner-occupants alike. Live in one unit and rent out the other while offsetting your mortgage, or lease up both units and appreciate a stable rental asset in a highly desirable neighborhood. This duplex at 1449 Claremont & 4730 Monterey Way offers two spacious 2-bedroom units designed with comfort and functionality in mind. Both residences feature abundant natural light, high ceilings, in-unit laundry, private backyard, dedicated garages, and flexible den/office space ideal for remote work or additional living needs. 4730 Monterey Way is currently vacant and immediately available for an owner to occupy or re lease at a suggested market rent of $3,000 per month. This unit consists of 2 bedrooms, 1 full bathroom with shower and jetted tub, 2 half bathrooms, open living room & kitchen, den, and a private backyard with carport and detached garage. 1449 Claremont Way is a 2 bedroom, 2.5 bathroom unit currently leased at $2,600 per month which also features its own private garage, backyard, additional laundry room, and a thoughtfully designed living space with ample storage. With separate amenities for each unit, strong rental appeal, and a prime South Land Park location near William Land Park, neighborhood Sprouts shopping center, local dining, and convenient downtown Sacramento access, this is an exceptional opportunity to acquire a versatile income-producing property in one of Sacramento's most established neighborhoods.

FOR SALE DETAILS

PRICE

$1,095,000 USD

PRICE/SF

$326 USD /SF

# OF UNITS

2

PRICE/UNIT

$547,500

CAP RATE

Request Cap Rate

% LEASED

38%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

R-1

APN/PARCEL ID

017-0134-011

ASK ABOUT THIS PROPERTY

Jack ScurfieldTurton Commercial Real EstateMore Info
916-281-6337

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Jack ScurfieldTurton Commercial Real EstateMore Info
916-281-6337

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.