$1,100,000
About this home
Exclusive Investment Opportunity in Sacramento, CA This well-located multifamily asset near Lakeshore Boulevard in Lakeport presents a compelling opportunity for investors seeking stable cash flow with meaningful upside. With a majority of units in clean, original condition and key system upgrades already completed, investors are well-positioned to enhance value through strategic improvements and operational efficiencies. Seller is offering the additional lot for $200,000, presenting a rare chance to expand unit count and maximize overall project value. Spanning approximately ±35,501 square feet, this parcel is zoned R3, allowing for higher-density residential development. Investors and developers have the ability to construct additional units in the rear, creating a compelling value-add or ground-up development play in a supply-constrained market.
Facts & features
- Bathrooms
- 0
- Lot size
- 0.485 acres (21,126 sq ft)
- Year built
- 1963
- Area
- 699 - Not Defined
- County
- Lake
- Status
- Active
- Property type
- Commercial Sale
- Days on market
- 67
- Listed
- 2026-05-14
- Parcel #
- 0 2 8 2 5 1 0 5 0 0 0 0
- MLS #
- ML82047351