8035 Sunrise Blvd - Apartments FOR SALE


Citrus Heights, CA 95610- Outer Carmichael/Citrus Heights
$1,280,000 USD
916-705-7979
8035 Sunrise Blvd, Citrus Heights, CA for Sale
$1,280,000 USD
Apartments - FOR SALE
1/8
null | 9.9% Cap Rate

8035 Sunrise Blvd
Citrus Heights, CA 95610
Outer Carmichael/Citrus Heights


HIGHLIGHTS

  • 3 Houses on 1 lot large yard -.78 1st -10 Bed Air BnB fully furnished net 5,000.00 M if hot tub added (More) 2nd House 3/2 $2,300.00 3rd Home ADU 2/2
  • Sits on Sunrise Blvd easy access to the Freeway
  • Can be used by a construction company.

OVERVIEW

Exceptional Investment Opportunity - 3-Homes on One Lot .78 with Light Commercial alliance from the City of Citrus Heights. Unlock the potential of this unique income-producing property, offering the rare opportunity to operate a business from the main residence while generating multiple streams of rental income. The main house 8039 Sunrise is currently operating as a successful 10-bed Airbnb, generating approximately $60,000 in net annual income. Financial statements are available for qualified buyers, making this an outstanding opportunity for investors seeking a proven short-term rental business. The second home 8035 Sunrise Blvd offers 1,200 square feet of comfortable living space with 3 bedrooms, 2 bathrooms, and an attached garage. It is currently tenant-occupied and generating $2,200.00 per month in rental income. The third home is 2 bedroom 2 Bath newly built ADU with 12foot ceilings a provides additional income potential, making this property ideal for investors, owner-occupants, or entrepreneurs looking for a live/work opportunity. Whether you're looking to expand your investment portfolio, operate a business from home, or capitalize on multiple rental units, this versatile property offers exceptional flexibility and strong income potential. Opportunities like this are rare schedule your private showing today!

FOR SALE DETAILS

PRICE

$1,280,000 USD

PRICE/SF

$264 USD /SF

# OF UNITS

3

PRICE/UNIT

$426,667

CAP RATE

9.9%

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3 House on 1 Lot - Turnkey

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

L-1

APN/PARCEL ID

216-0150-023

ASK ABOUT THIS PROPERTY

Pam SanchezNewVision Realty GroupMore Info
916-705-7979

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

Pam SanchezNewVision Realty GroupMore Info
916-705-7979

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