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!
Save
Ask
Tour
Hide
Share
Listing Snapshot
Price
$1,295,000
Days On Site
56 Days
Bedrooms
N/A
Inside Area (SqFt)
7,136 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
N/A
Year Built
1963
MLS® Number
ML82031283
Status
Pending
Property Tax
$16,250
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
React
Invite
Recent Activity
3 days ago
Listing updated with changes from the MLS®
4 days ago
Status changed to Pending
2 months ago
Listing first seen on site
General Features
Disclosures
Natural Hazard Disclosure
Foundation
Slab
Parking
Assigned
Parking Spaces
9
Property Sub Type
Multi Family
SqFt Total
7136
Water Source
Public
Zoning
R-2B
Interior Features
Cooling
Wall/Window Unit(s)
Heating
Wall Furnace
Save
Ask
Tour
Hide
Share
Exterior Features
Pool Features
None
Roof
Composition
Community Features
School District
Twin Rivers Unified
Schools
School District
Twin Rivers Unified
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listed by of Alexey Blokhin of Real E-State (650) 204-0443
The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than eXp Realty are marked with the Internet Data Exchange icon and detailed information about them includes the names of the listing brokers and listing agents. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, MLS Listings, Inc..
Last checked: 2026-03-13 05:27 AM UTC
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
