26825 Woodland Avenue, Esparto, CA 95627, Esparto, 95627 - 6 bed, 3 bath
ACTIVE$725,000$2,755/sqft
26825 Woodland Avenue, Esparto, CA 95627
6Beds
3Baths
2,755Sqft
7,501Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Multi-Unit Income Potential: As a triplex, the property offers immediate income generation or a live-and-rent opportunity, making it highly attractive to investors.
Top Cons:
Significant Price Appreciation: The current listing price of $725,000 is a substantial increase from its $240,000 sale price in February 2022, which may require strong market justification.
Compared to the nearby listings
Compared against 0 nearby listings
More Insights
Built in 1974 (52 years old).
Condition: Despite being built in 1974, the property has undergone extensive and recent renovations as stated in the description ('new electrical, fire sprinklers, windows, kitchen, cabinets, new appliances'). The images confirm a virtually new interior with modern LVP flooring, fresh paint, recessed lighting, new white shaker cabinets, new stainless steel appliances, and updated bathrooms with new vanities, fixtures, and tub/shower surrounds. The mini-split HVAC units are also new. The exterior also appears freshly painted with new windows and modern light fixtures. All components appear new or virtually new, meeting current quality standards, aligning with the 'Excellent' criteria for a recently and extensively renovated property.
Year Built
1974
Close
-
List price
$725K
Original List price
-
Price/Sqft
$263
HOA
$0
Days on market
-
Sold On
-
MLS number
225052999
Home ConditionExcellent
Features
View-
About this home
TRIPLEX! Investor's Dream or live-and-rent opportunity! Welcome to this fantastic multi-unit property, an ideal Investment opportunity or a chance to live in one unit and rent out the others. Conveniently situated less than 9 miles from the Cache Creek Casino and 4 miles to Hwy 505 This Property has undergone significant upgrades. The interior has new electrical, fire sprinklers, windows, kitchen, cabinets, new appliances. The 3 units consist of 2 bedrooms 1 bathroom. 6 parking spaces, 3 in the front and 3 in the back. Excellent investment opportunity at this price will not last long!
A
Anjelica Gomez
Listing Agent
Price History
Date
Event
Price
02/15/22
Sold
$240,000
Condition Rating
Excellent
Despite being built in 1974, the property has undergone extensive and recent renovations as stated in the description ('new electrical, fire sprinklers, windows, kitchen, cabinets, new appliances'). The images confirm a virtually new interior with modern LVP flooring, fresh paint, recessed lighting, new white shaker cabinets, new stainless steel appliances, and updated bathrooms with new vanities, fixtures, and tub/shower surrounds. The mini-split HVAC units are also new. The exterior also appears freshly painted with new windows and modern light fixtures. All components appear new or virtually new, meeting current quality standards, aligning with the 'Excellent' criteria for a recently and extensively renovated property.
Pros & Cons
Pros
Multi-Unit Income Potential: As a triplex, the property offers immediate income generation or a live-and-rent opportunity, making it highly attractive to investors.
Extensive Recent Renovations: The interior has undergone significant upgrades including new electrical, fire sprinklers, windows, kitchen, cabinets, and appliances, reducing immediate capital expenditures for a new owner.
Ample Dedicated Parking: With 6 designated parking spaces (3 front, 3 back), the property provides a valuable and convenient amenity for tenants.
Strategic Location for Renters: Conveniently located less than 9 miles from Cache Creek Casino and 4 miles to Hwy 505, enhancing its appeal to potential tenants and accessibility.
No Homeowners Association (HOA) Fees: The absence of association fees reduces ongoing operational costs, contributing to a higher net income for an investor.
Cons
Significant Price Appreciation: The current listing price of $725,000 is a substantial increase from its $240,000 sale price in February 2022, which may require strong market justification.
Age of Structure: Built in 1974, while the interior is upgraded, the overall structure and exterior may still reflect its age, potentially leading to future maintenance needs not covered by recent renovations.
Limited Unit Diversity: All three units are configured as 2 bedrooms and 1 bathroom, which might limit the range of potential tenants or rental income optimization compared to properties with varied unit sizes.