8,221 sqft · $389/sqft · 0.15 acres
Residential Income · Multi Family · Built 1952 · 81 days on Properkey
Looking for an investment opportunity in Sacramento? This 14-unit garden apartment building boasts a prime location, just two blocks from the Capital and downtown attractions. Key Features: * Diverse unit Mix: 4 studios, 8 One-Bedroom units, 1 Two-Bedroom unit, 1 Three-Bedroom/Two-Bathroom (1490 sq. ft. two story, currently renting for $2649/month) * Additional income streams: On-site parking and owner-owned coin-operated washer/dryer contribute to the income * Low Maintenance: no on-site property manager is needed * Recent Upgrades: New 100-gallon High Efficiency water heater for the entire building partially remodeled two-bedroom unit Fresh exterior paint Brand new roof and dry rot associated with roof completed last month (1/2026) All new windows being installed and to be completed by (7/2026) *Income Growth Potential: Rents are increased as leases expire. The property offers a fantastic opportunity for investors seeking a well-maintained building with strong rental income and future potential in a highly desirable location.
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Data last updated: October 20, 2026 2:40 AM PT
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