I'm trying to price a few duplexes in Sacramento, CA. They are all 2 beds and 1-2 baths. They are close to the Ponderosa South, Qual Gardens, Florintown, Tokay Park neighborhoods. Most were built in the early 80's or late 70's.
Anyone have any idea on what a duplex should go for here?
Thanks for your help
Address City Year Date DOM/ CDOM Orig Price List Price Sale Price SP % LP
7410-7412 Della Cir Sacramento 1978 02/09/18 5/5 299,000 299,000 300,000 100.33
7326-7328 Sakura Ct Sacramento 1977 03/05/18 0/15 299,000 299,000 297,000 99.33
7413-7415 Della Cir Sacramento 1977 03/08/18 11/11 299,000 299,000 295,000 98.66
7434-7436 Della Cir Sacramento 1977 01/29/18 6/6 297,000 297,000 293,000 98.65
7430 Della Cir Sacramento 1977 12/22/17 153/153 328,888 299,000 285,000 95.32
7808-7810 Loucreta Dr Sacramento 1963 01/03/18 53/53 265,000 258,000 225,000 87.21
7909-7911 Loucreta Dr Sacramento 1963 12/05/17 15/15 249,000 249,000 221,500 88.96
7918 68th Ave Sacramento Unknown 02/22/18 5/5 189,900 189,900 190,000 100.05
I would stay away from that area. Bad news. There’s much better places to invest in Sac
Thanks @Ben Howard ! That's excellent information.
Hi @David MIller - Thanks for the feedback. Appreciate it.
Would you call it a war zone or just a class C working area?
@Ben Howard - What do you think of the area? Should we stay away? These would be rentals. Just wondering if this is a good are to invest in.
I think it depends who you ask and what streets you're on. I attended James Rutter middle school and I'd classify it as a C or C- area.
Do you live in Dallas? Is there a reason why you're looking at Sacramento rather than the Texas markets?
This thread might be helpful if you haven't come across it yet https://www.biggerpockets.com/forums/621/topics/44...
Thanks, @William Wong . That's an excellent and very thorough post on the Sacramento neighborhoods. Appreciate it.
I do live in Dallas. A portfolio of 11 duplexes located in Sacramento just came across my desk. I'm trying to determine if they are good deals or not. Based on the neighborhood map, it looks like these are all well within the Florin neighborhood. Thanks for the help.
Todd, as a RE agent I should not provide an opinion on the area, however I often use the “Crime and Place” app when a Buyer asks about an area’s personal and/or property crime statistics. Well worth the $20 app cost IMO, especially for an out of area investor.
Thanks, @Ben Howard .
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