26825 Woodland Avenue, Esparto, CA 95627, Esparto, 95627 - 6 bed, 3 bath
ACTIVE$680,000$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 Property: This triplex offers an excellent opportunity for investors seeking rental income or owner-occupants looking to live in one unit and rent out the others, providing diversified income streams.
Top Cons:
Property Age: Built in 1974, the underlying structure is 50 years old. While interior upgrades are significant, potential maintenance on non-renovated components (e.g., roof, exterior, plumbing outside of units) may arise.
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. The description explicitly states 'new electrical, fire sprinklers, windows, kitchen, cabinets, new appliances.' The images confirm this, showcasing virtually new interiors across all units with modern white shaker kitchens, new stainless steel appliances, updated bathrooms with new vanities and fixtures, new wood-look laminate flooring throughout, fresh paint, modern recessed lighting, and efficient mini-split HVAC systems. The exterior also appears freshly updated with new paint and roof. All visible components are new or virtually new, meeting current quality standards with no signs of deferred maintenance.
Year Built
1974
Close
-
List price
$680K
Original List price
-
Price/Sqft
$247
HOA
$0
Days on market
-
Sold On
-
MLS number
225103843
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. The description explicitly states 'new electrical, fire sprinklers, windows, kitchen, cabinets, new appliances.' The images confirm this, showcasing virtually new interiors across all units with modern white shaker kitchens, new stainless steel appliances, updated bathrooms with new vanities and fixtures, new wood-look laminate flooring throughout, fresh paint, modern recessed lighting, and efficient mini-split HVAC systems. The exterior also appears freshly updated with new paint and roof. All visible components are new or virtually new, meeting current quality standards with no signs of deferred maintenance.
Pros & Cons
Pros
Multi-Unit Income Property: This triplex offers an excellent opportunity for investors seeking rental income or owner-occupants looking to live in one unit and rent out the others, providing diversified income streams.
Extensive Recent Upgrades: The property has undergone significant interior renovations, including new electrical, fire sprinklers, windows, kitchen, cabinets, and appliances, reducing immediate capital expenditure for a new owner.
Strong Investment Potential: Explicitly marketed as an 'Investor's Dream' and 'Excellent investment opportunity,' the property's multi-unit nature and recent upgrades position it well for generating returns.
Convenient Location: Situated less than 9 miles from Cache Creek Casino and 4 miles to Hwy 505, offering convenient access to a major employer/attraction and regional transportation.
Ample Parking: With 6 designated parking spaces (3 front, 3 back), the property provides sufficient parking for all three units, a valuable amenity for tenants.
Cons
Property Age: Built in 1974, the underlying structure is 50 years old. While interior upgrades are significant, potential maintenance on non-renovated components (e.g., roof, exterior, plumbing outside of units) may arise.
Standard Unit Configuration: Each of the three units consists of 2 bedrooms and 1 bathroom. While functional, this standard layout may not appeal to tenants seeking larger living spaces or multiple bathrooms, potentially limiting the tenant pool.
Significant Price Appreciation: The property's list price of $680,000 represents a substantial increase from its last sale price of $240,000 in February 2022. Buyers will need to carefully evaluate comparable sales and the value of upgrades to justify the current asking price.