Sacramento, CA 95815,717 Lampasas Avenue
Sacramento, CA 95815,717 Lampasas Avenue
Sacramento, CA 95815,717 Lampasas Avenue
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Danielle Broad

Danielle Broad

+1(925) 383-9200
$1,295,000
Est. payment /mo
7,136 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 7,136 sqft

Price per Sqft $181

MLS Listing ID ML82031283

HOA Y/N No

Year Built 1963

Lot Size 0.517 Acres

Property Sub-Type Other

Property Description

Strategically priced for a quick sale with strong upside, this welllocated multifamily property is located in an Opportunity Zone! 717 Lampasas Avenue features 8 fully remodeled units across two separate 4-plex buildings, each with 2 bed / 1 bath units. All interiors have been upgraded with luxury vinyl plank flooring, new appliances, new doors, paint, and modern bathrooms. Dual-pane windows and fresh exterior paint complete the improvements. The buildings sit on a spacious half-acre lot with potential for future development access from Traction Ave may allow for additional units or ADUs (buyer to verify). Pro forma rents of nearly $150K/year, 7.2% CAP, and 8.8 GRM offer strong returns. Property is fully occupied, with 16 parking spaces, separate water meters per building, and a newer roof (2012). Gated for privacy and security. Located minutes from downtown Sacramento, shopping, parks, and transit. Possibility to subdivide and resell as two 4-plexes for added flexibility. Ideal for investors seeking immediate cash flow with long-term upside in one of Sacramento's most promising redevelopment corridors. Priced to sell motivated seller!

Location

State CA

County Sacramento

Zoning R-2B

Interior

Heating Wall Furnace

Fireplace No

Building

New Construction No

Others

Tax ID 2630172012000

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Bridge MLS
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Alexey Blokhin • Real E-State

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES
Elementary Schools 20
  • 8

    Natomas Charter

    Public | KG - 12

  • 8

    Caleb Greenwood Elementary School

    Public | KG - 6

  • 7

    Theodore Judah Elementary School

    Public | KG - 6

  • 6

    Hazel Strauch Elementary School

    Public | KG - 5

  • 5

    Washington Elementary School

    Public | KG - 6

  • 5

    Smythe Academy of Arts and Sciences

    Public | KG - 8

  • 5

    Woodlake Elementary School

    Public | KG - 6

  • 5

    Main Avenue Elementary School

    Public | KG - 6

  • 5

    D. W. Babcock Elementary School

    Public | KG - 6

  • 5

    Bell Avenue Elementary School

    Public | KG - 6

  • 4

    Garden Valley Elementary School

    Public | KG - 6

  • 4

    Taylor Street Elementary School

    Public | KG - 6

  • 4

    Castorl Elementary School

    Public | KG - 6

  • 4

    Aspire Alexander Twilight College Preparatory Academy

    Public | KG - 5

  • 3

    Harmon Johnson Elementary School

    Public | 3 - 6

  • 2

    American Lakes School

    Public | KG - 8

  • 2

    Glenwood Elementary School

    Public | KG - 6

  • 1

    Fairbanks Elementary School

    Public | KG - 6

  • 1

    Del Paso Heights Elementary School

    Public | KG - 6

  • 1

    Northwood Elementary School

    Public | KG - 6

Middle Schools 11
  • 8

    Sutter Middle School

    Public | 7 - 8

  • 5

    Norwood Junior High School

    Public | 7 - 8

  • 4

    Aspire Alexander Twilight Secondary Academy

    Public | 6 - 12

  • 1

    Rio Terra Junior High School

    Public | 6 - 8

  • 1

    Martin Luther King Jr. Technology Academy

    Public | 7 - 8

  • 1

    Palmiter Special Education

    Public | 7 - 12

  • 1

    Nova Opportunity

    Public | 7 - 9

  • 1

    Encina Preparatory High School

    Public | 6 - 12

  • 0

    Wayne Geri Academy

    Private | 6 - 11

  • 0

    North Area Community

    Public | 7 - 12

  • 0

    Elinor Lincoln Hickey Jr./Sr. High School

    Public | 7 - 12

High Schools 3
  • 2

    Grant Union High School

    Public | 9 - 12

  • 0

    Discovery High School

    Public | 9 - 12

  • 0

    Vista Nueva Career and Technology High School

    Public | 9 - 12

School and business data provided by Attom Data.
Danielle Broad

+1(925) 383-9200

danielle.broad@exprealty.com

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