Home | Sacramento County | Sacramento | 95815 | 717 Lampasas Ave
MLS: ML82031283 | Status: | Price: $1,295,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | 7,136 | 22,500 | 1963 |
Strategically priced for a quick sale with strong upside, this welllocated multifamily property is located in an Opportunity Zone! 717 Lampasas Avenue features 8 fully remodeled units across two separate 4-plex buildings, each with 2 bed / 1 bath units. All interiors have been upgraded with luxury vinyl plank flooring, new appliances, new doors, paint, and modern bathrooms. Dual-pane windows and fresh exterior paint complete the improvements. The buildings sit on a spacious half-acre lot with potential for future development access from Traction Ave may allow for additional units or ADUs (buyer to verify). Pro forma rents of nearly $150K/year, 7.2% CAP, and 8.8 GRM offer strong returns. Property is fully occupied, with 16 parking spaces, separate water meters per building, and a newer roof (2012). Gated for privacy and security. Located minutes from downtown Sacramento, shopping, parks, and transit. Possibility to subdivide and resell as two 4-plexes for added flexibility. Ideal for investors seeking immediate cash flow with long-term upside in one of Sacramento's most promising redevelopment corridors. Priced to sell motivated seller!
| Field | Value |
|---|---|
| MLS # | ML82031283 |
| MLS Source | MLSListings, Inc. |
| Feature | Details |
|---|---|
| Cooling | Window/Wall Unit |
| Heating | Wall Furnace |
| Feature | Details |
|---|---|
| Roof | Composition |
| Foundation | Slab |
| Feature | Details |
|---|---|
| Garage/Parking | Assigned Spaces, Garage: 0 Car(s) |
| Water | Public |
| Zoning | R-2B |
Alexey Blokhin
Real E-State
License #: 01771121
Phone: (650) 204-0443
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 8 | 2 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | 2 | 1/0 | $1,449 | $1,580 | 8 |
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 2319 Empress St | $1,049,999 | – | – | 5,074 | |
| 3723 Jasmine St | $1,200,000 | – | – | 3,808 | |
| 2439 Rio Linda Blvd | $1,100,000 | – | – | 4,138 | |
| 2408 Empress St | $1,225,000 | – | – | 5,502 |
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This listing information is up-to-date as of March 09, 2026. For the most current information, please contact Alexey Blokhin, (650) 204-0443.