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4330 24th Street, Sacramento, CA 95822
Priced at Only: $600,000
For more Information Call Mobile: 714.478.6676
Address: 4330 24th Street, Sacramento, CA 95822
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  • MLS#: ML82021698 ( )
  • Street Address: 4330 24th Street
  • Viewed: 6
  • Price: $600,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1962
  • Bldg sqft: 0
  • Days On Market: 102
  • Additional Information
  • County: SACRAMENTO
  • City: Sacramento
  • Zipcode: 95822
  • Provided by: Cornish & Carey Commercial
  • Contact: Kelly Kelly
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Price Reduced $100k Seller Motivated! Newmark, as the exclusive advisor, is pleased to present for sale 4330 24th Street, a mixed use office/art studio building in Sacramento, California. Constructed in 1962, this pre cast (tilt up concrete) building is comprised of roughly 8,182 SF on 2 levels, and is currently occupied by a multitude of art/music studios and small office users. This property is 100% occupied by long term tenants on short term leases. Acquisition cap rate is 8.75%. With in place income, this buildings size and location present many adaptive re use options within an urban neighborhood reflecting the changes of demographics and perceptions. Located on 24th Street, just south of Sacramento City College, 4330 is in close proximity to many retail amenities including, but not limited to: Crocker Village, Chipotle, City Sports Club, Panama Pottery, Fountainhead Brewing Company, Lalos Restaurant, Sutterville Bicycle Company, Raleys, and Land Park Ski & Sports. 4311 Attawa Avenue is also for sale and can be purchased separately or together. These buildings back up to each other. Priced at $1,600,000.
Features
Building Area Total
  1. 8182.00
Cooling
  1. Central Air
  2. Wall/Window Unit(s)
Current Use
  1. Commercial
Heating
  1. Central
  2. Wall Furnace
Otherexpense
  1. 4500.00
Otherincome1
  1. 0.00
Parcel Number
  1. 01800530310000
Professionalmanagementexpense
  1. 4347.00
Roof
  1. Elastomeric
Totalexpenses
  1. 29067.00
Trash Expense
  1. 0.00
Water Source
  1. Public
Year Built
  1. 1962
Year Built Source
  1. Assessor
Zoning
  1. C-4
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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