About 1200 South Avenue
This Lender Owned property offers an opportunity for the next investor to purchase a well maintained investment of all 2 bedroom units currently averaging $1996/u/m. There is excess land in the back of the property that could developed into additional ADU's. Current collected rents are higher than market so there is a gain to lease benefit in the immediate term of ownership. When and if all units get traded out to market, the cap rate is 6.7%.
Features of 1200 South Avenue
| MLS® # | 226113803 |
|---|---|
| Price | $1,100,000 |
| Bedrooms | 12 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 3,896 |
| Acres | 0.46 |
| Year Built | 1960 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 1200 South Avenue |
|---|---|
| Area | 10838 |
| City | Sacramento |
| County | Sacramento |
| State | CA |
| Zip Code | 95838-4465 |
Amenities
| Utilities | Natural Gas Connected, Electricity Available, Sewer Connected |
|---|---|
| Parking Spaces | 12 |
| Parking | Uncovered, Open, Off Street |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Wall Furnace, Gas |
|---|---|
| Cooling | Window Unit(s) |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
| Has Basement | No |
Exterior
| Lot Description | Sidewalk |
|---|---|
| Windows | Double Pane Windows |
| Roof | Composition, Shingle |
| Construction | Frame, Stucco |
| Foundation | Concrete, Slab |
School Information
| District | Sacramento Unified |
|---|
Additional Information
| Date Listed | September 1st, 2026 |
|---|---|
| Zoning | R-1 |
Listing Details
| Agent | Michael Mathios |
|---|---|
| Office | Cushman & Wakefield |