520 Solano St | West Sacramento, CA 95605
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- LoopNet Team
520 Solano St
West Sacramento, CA 95605
Riverbank Villas · Multifamily Property For Sale
·
12 Units
INVESTMENT HIGHLIGHTS
- Exceptional West Sacramento Investment Opportunity - Investors have the Opportunity to Acquire a Multifamily Asset in West Sacramento
- Tremendous Value Add Opportunity - All Non-Conforming Units Have the Potential to be Converted into ADUs while the Vacant Lot Allows for New Detached
- Convenient Access to Transportation Corridors - Tenants and Residents of Riverbank Villas Enjoy Access to Numerous Transportation Corridors
- 1 Non-Conforming Unit per 4 Existing units are permitted to be Converted to Conversion ADUs
- Close Proximity to Numerous Large Employers Including Amazon, Intel, Kaiser Permanente, Sutter Health, Aerojet Rocketdyne, Dignity Health, and others
- Potential Investors Have the Option to Purchase an Additional Vacant Lot Adjacent to the Subject Property for $125,000
PROPERTY FACTS
| No. Units | 12 | Lot Size | 0.58 AC |
| Property Type | Multifamily | Building Size | 10,500 SF |
| Property Subtype | Apartment | Average Occupancy | 93% |
| Apartment Style | Garden | No. Stories | 1 |
| Building Class | C | Year Built/Renovated | 1972/2019 |
| Zoning | LC | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.58 AC |
| Building Size | 10,500 SF |
| Average Occupancy | 93% |
| No. Stories | 1 |
| Year Built/Renovated | 1972/2019 |
| Zoning | LC |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 10 | - | - |
| 2+2 | 2 | - | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,238,076 | |
| Land Assessment | $543,504 | Total Assessment | $1,781,580 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$543,504
Improvements Assessment
$1,238,076
Total Assessment
$1,781,580
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