This unique investment opportunity provides a three-building residential complex comprising two fourplex apartment buildings and a freestanding single-family residence at 4801 Orange Grove Avenue.
The community spans a total of 5,600 square feet, and the fourplexes are both two floors. The buildings were originally built in 1962 on a 0.45-acre lot and all the apartments include two bedrooms and one bathroom. The property offers a private parking lot with two guest stalls and a reserved space for each unit. Most of the apartments have wall-unit air conditioners and access to an on-site laundry room with two washers and two dryers. Unit 4 boasts central HVAC and its own washer and dryer. The community is secured by high-definition security cameras, providing peace of mind for tenants. The freestanding home has two bedrooms and one bathroom and offers a fenced private yard and its own laundry equipment. A shared courtyard separates the buildings and provides convenient outdoor space for residents.
Situated in the Arden Arcade community of the Carmichael submarket, 4801 Orange Grove Avenue is ideally located within walking distance of American River College, delivering a large audience of potential residents. The complex provides easy access to nearby Interstate 80 and the Sacramento McClellan Airport, offering shortened commutes to across the greater metro and beyond.