CA > Sacramento
Sacramento, CA 95825,1824 Avondale Avenue
Sacramento, CA 95825,1824 Avondale Avenue
Sacramento, CA 95825,1824 Avondale Avenue
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$699,900
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3,703 Sqft Lot
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1824 Avondale Avenue Sacramento, CA 95825

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Joubert C. Caston

Joubert C. Caston

+1(415) 747-9121

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Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID 225113215

HOA Y/N No

Year Built 1972

Lot Size 3,703 Sqft

Acres 0.085

Property Sub-Type Office

Source MLS Metrolist

Property Description

The property features four suites, currently configured as two dental office practices, with one doctor occupying three suites and another doctor occupying one suite. The building has been well maintained inside and out, presenting an excellent opportunity for an investor seeking steady income with minimal management responsibilities. Medical office building built in 1972. The entire building is leased through December 31, 2027, and both tenants have expressed willingness to extend beyond the current lease term. Current rental income is $72,000 per year, with tenants responsible for trash, water, sewer, utilities, and renter's insurance. The property is in great condition and continues to benefit from consistent care. This is a strong, income-producing asset that is well positioned for continued occupancy. The cap rate based on the offered purchase price and current rental income is 10.29 percent. Time is of the essence, contact the listing agent for more information.

Location

State CA

County Sacramento

Area 10825

Direction Driving Directions from Roseville: Take I-80 West toward Sacramento. Exit at Arden Way. Turn left onto Arden Way. Continue straight on Arden Way for about 3.5 miles. Turn right onto Avondale Avenue. The property at 1824 Avondale Avenue, Sacramento, CA 95825 will be on your right.

Location Details Professional Complex,Business Park

Interior

Heating Central

Cooling Central

Flooring Vinyl

Exterior

Parking Features Open, Private, Common Area Shared, Public

Utilities Available Separate Gas Meter

Water Access Desc Irrigation District,Public

Roof Type Composition

Topography Level

Total Parking Spaces 30

Building

Lot Description Auto Sprinkler Front, Low Maintenance

Story 1

Foundation Concrete

Sewer Public Sewer

Water Irrigation District, Public

Others

Senior Community No

Tax ID 279-0241-054-000

Special Listing Condition Offer As Is

MetroList® Services, Inc
Listed by eXp Realty of California Inc.

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agent

Joubert C. Caston

Agent | License ID: 02118497

+1(415) 747-9121

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1824 Avondale Avenue