$3,136,000

2635 Fairfield St, Sacramento, CA 95815

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1.21 acres

Commercial Sale · Mixed Use · Built 1960 · 1 day on Properkey

Description

2635 Fairfield Street, Sacramento, CA, presents an exceptional, high-yield acquisition for savvy investors seeking substantial upside. This 45-unit apartment complex is offered as-is, presenting a classic value-add play with clear pathways to long-term wealth generation through strategic positioning and property stabilization. The property features significantly below-market rents with the ability for immediate rent adjustments. At just under $67,500 per door, this asset offers immediate cash-flow stabilization, rent optimization, and physical development expansion in the growing Sacramento market, allowing the next owner to capture significant upside. By addressing deferred maintenance and executing a targeted renovation program, a new owner can systematically increase rents to prevailing market rates, significantly boosting Net Operating Income (NOI) and driving capital appreciation. Desirable Unit Mix & Layouts: The complex features a uniform asset profile consisting of all 1-bedroom, 1-bathroom units. Each apartment offers comfortable living space, full-sized kitchens, and generous walk-in closets for excellent tenant storage. Community Amenities & Asset Features: The property features a laundry facility equipped with brand-new washers and dryers, creating an immediate auxiliary revenue stream. Additional amenities include ample on-site parking and dedicated outdoor space suitable for a community playground or picnic area. Rare Expansion Opportunity- 9,000 SQ FT Development Pad: In addition to the existing 45 units, the site includes an approximately 9,000-square-foot development pad. This versatile land provides the opportunity to build an additional residential building to scale the portfolio or expand community play areas and tenant amenities to drive top-of-market rental premiums.

Agent & source

Listed by
Brian E. Martell
Brokerage
Keller Williams Realty
DRE
#01344828
MLS # 226129164 Source MetroList Services

Property details

Rooms & Layout

Levels
2 stories

Property Features

Current Use
Residential

Building & Construction

Construction Materials
Stucco, Wood
Roof
Flat
Building Features
  • Washer/Dryer Owned
  • Kitchen Facilities
  • Living Area in Building
  • See Remarks
  • Other

Exterior & Parking

Parking
Uncovered, See Remarks, Other

Interior & Comfort

Heating
Wall Furnace
Cooling
Window Unit(s)
Flooring
Carpet, Linoleum

Utilities

Water Source
Meter on Site
Sewer
Public Sewer
Electric
220 Volts
  • Cable Available
  • Sewer Connected
  • Internet Available
  • Primary Gas Meter
  • Primary Water Meter
Irrigation
Meter on Site

Nearby

Active Pending Closed Rental

School information not available for this property.

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All data, photos, visualizations, and information regarding a property, including the property's compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable.

Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data last updated: October 17, 2026 10:59 AM PT
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