38.891575 -121.29696

1001 5th Street LINCOLN, CA 95648

293127590 38.891575 -121.29696 153 /listing/293127590-150074360/1001-5th-street-lincoln-ca-95648 False 0 1450000.0 105 221038631 False
  • $1,450,000
  • 13,068 lot
  • Est payment $7783.91/mo

Property & Neighborhood Info

Courtesy Of Zachary Hooker , Ken Turton, Broker

Multi-Family in Lincoln

The Subject Property presents a stabilized-income opportunity with a favorable unit mix of SIX one-bedrooms, ONE studio and ONE two-bedroom unit. Below market rents and instituting RUBs offers potential for immediate upside. Nicely cared for complex with pride of ownership in high growth Placer County market. The year-one capitalization rate based on a $1,450,000 purchase price is 4.15% with proforma capitalization rate of 6.72% achievable by steadily increasing the below market rents. Priced at approximately $181,250 per door, this one-of-a-kind property is below replacement cost and a great long-term and stable investment. The property currently generates a gross annual income of $99,120, inclusive of RUBS to be implemented by Buyer, and a net operating income of $60,238.

Courtesy Of Zachary Hooker , Ken Turton, Broker
  1. 13,068 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1960
  • Floors: 1
  • School District: Western Placer
  • School District2: Western Placer
  • School District3: Western Placer
  • School District: Placer
  • County: PLACER
  • Units: 8
  • MLS Number:221038631

Additional Features

  • Cooling:
    • Window Unit(s)
  • Flooring:
    • Linoleum
    • Wood
  • Laundry:
    • Coin Operated
  • Construction:
    • Wood
  • Property Type:
    • ResidentialIncome
  • Property Sub Type:
    • 5 or More Units
  • Water Source:
    • Meter on Site
  • Year Built Source:
    • Owner
  • Foundation:
    • Concrete
  • Irrigation:
    • Meter on Site
  • Lot Description:
    • Court
  • Lot Size Source:
    • Assessor Auto-Fill
  • Parking:
    • Off Street
  • Electric:
    • 220 Volts
  • Heating:
    • Wall Furnace
  • Sewer:
    • Public Sewer
  • Utilities:
    • City
  • Board:
    • MetroList Services Inc.
  • Special Conditions:
    • None
  • Tenant Pays:
    • Other
  • 1 Bedroom Occupied:
    • 0
  • 1 Bedroom Total Units:
    • 6
  • 2 Bedroom Occupied:
    • 0
  • 2 Bedroom Total Units:
    • 1
  • 3 Bedroom Occupied:
    • 0
  • 3 Bedroom Total Units:
    • 0
  • 4 Bedroom Occupied:
    • 0
  • 4 Bedroom Total Units:
    • 0
  • Association YN:
    • No
  • CA DRE License # of Listing Agent:
    • 02013574
  • Commercial Total Units:
    • 0
  • Cross Streets:
    • 5th Street
  • Income Includes:
    • Rent Only
  • Listing URL:
    • http://www.metrolistpro.com/homes/2/6/1001-5th-Street-Lincoln-CA-95648/221038631
  • Lot Size Square Feet:
    • 13068
  • No. of Buildings:
    • 2
  • Operating Expense Includes:
    • Other
  • Originating System Name:
    • MLS Metrolist
  • Parcel Number:
    • 008-103-001-000
  • Property Disclaimer:
    • All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. <BR> All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. <BR> Copyright</A> &copy; 2021, MetroList Services, Inc.
  • Studio Total Units:
    • 1
  • Total Acres:
    • 0.3
  • Unit 1 Apx Sq Ft:
    • 800
  • Unit 1 Bedrooms:
    • 2
  • Unit 1 Full Baths:
    • 1
  • Unit 1 Rent:
    • 1295
  • Unit 1 Rooms:
    • 4
Neighborhood info courtesy of Homes.com © 2021

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
California Advantage R.E.
California Advantage R.E.
(209) 836-3300
9 E. 6th St. Tracy CA 95376
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38.891575 -121.29696

1001 5th Street LINCOLN, CA 95648

293127590 38.891575 -121.29696 153 /listing/293127590-150074360/1001-5th-street-lincoln-ca-95648 False 0 1450000.0 105 221038631 False
  • $1,450,000
  • 13,068 lot
  • Est payment $7783.91/mo