Las Fuentes Apartments
3333 W Street
Sacramento, CA 95817
Highlights
- 16 units plus 1 Studio - Apartment Building in Midtown Area
- New Roof and Gutters - Summer 2024
- New Electrical and Panels
- New Main Sewer Line
- New Onsite Commercial Laundry that accepts PayRange App
- Computer Controlled Energy Efficient Commercial Water Heater
- New Wall Furnaces
- New Security and Decorative LED Lighting
- New Garbage Disposals, Smoke and CO Detectors
- New Paint and Schlage Key-less entries
- 10 Remotely accessed Exterior Security Cameras
- Intercom access security gates both front and rear
- Built in 1955, offering a classic aesthetic
- Zoned R-4
- Prime location near University of California Davis Medical Center
- Strong 88% occupancy rate for immediate income **2 units currently being renovated
- Well-maintained property with attractive curb appeal
- Spacious units providing comfortable living spaces
- 12 On-site parking spaces
- Close proximity to amenities and public transportation
- Below market rents - All Tenants are MTM for immediate increased NOI
Description
Nestled in the vibrant and sought-after Midtown area in the heart of Sacramento you'll find this quiet and peaceful 16-unit (potentially 17'th unit- in planning review process) complex. This well-maintained turn-key opportunity consists of 12 - 1 Bedroom, 2 - 2 Bedroom, and 2 - 3 Bedrooms, patiently awaiting the 17 Studio Unit addition with private parking in the back. Some recent major renovations done to put any investor at ease include a new roof and gutters, new electrical and panels, & new main sewer line. Other upgrades include onsite laundry with 2 New Commercial Washers and Dryers which accept quarters and PayRange App ($10k Value) & a modern computer-controlled Energy-Efficient commercial water heater. New wall furnaces, security and decorative LED lighting, new garbage disposals, smoke and carbon detectors, new paint and Schlage keyless entries. For security and monitoring it has, 10 remotely accessed surveillance cameras throughout the exterior & Intercom access security gates in the front and rear. Walking into the private courtyard with tropical landscaping, accent lighting, beautiful and ornate statues and fountains will leave you breathless. Come take a look and add this superb investment to your portfolio!
Discover the vibrant neighborhood surrounding Las Fuentes Apartments in Sacramento, CA. Enjoy easy access to the scenic William Land Park, renowned for its golf course, gardens, and Sacramento Zoo. Immerse yourself in the local culture at the nearby University of California, Davis Medical Center, while also relishing the diverse dining options and retail shops in the thriving downtown area. With convenient proximity to major highways and public transportation, this bustling neighborhood provides an ideal setting for residents seeking a dynamic and connected community. Experience the best of vibrant city living at Las Fuentes Apartments.
