5009 Hidden Lane, Sacramento, CA 95819

Property Description

UNIQUE INVESTMENT OPPORTUNITY WITH 3 INCOME STREAMS IN DESIRABLE EAST SACRAMENTO LOCATION! Historic 1915 Craftsman Bungalow on Hidden Lane with 2 bedrooms, 1 bath and a cheery, upgraded kitchen PLUS a separate, exterior 1-bedroom studio with kitchen and bath affectionately known as the "Fonzie Flat." Original 1-car detached garage and modern 2-car detached garage with loft storage space are accessible from Hidden Lane. Facing H Street is a charming 1 bedroom and 1 bath cottage with a large setback of native plantings. There is vast basement storage space at 5009 Hidden Lane that provides added value and unlimited creative opportunities for expansion. Each unit has separate gas and electric utilities. So much potential to make this property shine and create excellent long-term income and appreciation for the right investor or owner-occupant looking for a flexible income stream. Both the H Street cottage and the Fonzie Flat have short-term occupancy permits with the City of Sacramento, providing an alternative revenue structure to a traditional lease.