2848 Del Paso Boulevard | 11 Units

We are pleased to present 2848 Del Paso Blvd, an opportunity to acquire a remodeled 11-unit multifamily community located in the heart of Del Paso Heights. This subject property boasts a 0.23-acre lot and provides a total of 5,258 square feet of living space. The building is located in the northern part of Sacramento and offers relatively easy access to the city’s downtown area, where you can find employment opportunities, cultural attractions, and entertainment options.

The property consists of one two-story building that was constructed in 1971 with a pitched asphalt composition shingles roof and wood/stucco siding. The property has undergone extensive updates, enhancing its overall appeal and functionality. In 2023, the property underwent a transformative exterior upgrade, enhancing its aesthetic appeal. The improvements included a fresh coat of paint applied to the upstairs flooring and the exterior of the complex. In addition, cedar wood was added to the front of the building giving it a modern and stylish touch. In 2020, a new 100-gallon water heater tank was installed to serve the entire complex. Any dry rots throughout the complex were diligently addressed to ensure the property’s durability and turn-key appeal.

The unit mix consists of two studios, eight 1-bedroom/1-bathroom, and one 2-bedroom/1-bathroom units. Recent renovations have been thoughtfully carried out in seven out of the 11 units. Recent improvements include upgraded kitchen countertops, painted kitchen cabinets, upgraded bathroom cabinets, new ceiling fans, and reassessed ceiling lighting. All 11-units have brand-new AC wall units, ensuring a comfortable living experience year-round. 

The property offers residents on-site parking and a convenient laundry facility. The building is secured by a gate and features a solar-powered security camera connected to the 3G mobile network, removing the need for Wi-Fi or conventional batteries. In addition, other features include automatic timer-controlled outdoor lighting at both the front and rear of the property and solar-powered ground-level lighting that highlights the property’s landscape.

Tenants are responsible for gas and electricity within their unit, while the owner pays water, sewer, and garbage. The new owner can implement a Ratio Utility Billing System (RUBS) to bill a portion of these charges to the residents which is becoming more common in California. These charges are around $25-75 per unit in addition to the residents’ standard monthly rental payment depending on the amount of people in each unit.