2630 Darwin St Sacramento, CA 95821
12-unit apartment community near Downtown Sacramento with upgrade potential.
Property size:
8,400 SFProperty Features for 2630 Darwin St
General Information
- Size
- 8,400 SF
Building Details
- Year built
- 1955
Source:
Tricommercial
Listing Agent: Rod Ballinger
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Sacramento Multifamily Investment Opportunity
Located in Sacramento, California, the property at 2630 Darwin Way is a 12-unit garden-style apartment community. The unit mix is comprised of two-bedroom units, accounting for 66% of the total. Four units have been upgraded, while ten units offer an opportunity for further upgrades. Current rents are below market on over 50% of the units, and three tenants are eligible for rent increases. Eight units are single-story cottage units, with a fourplex located at the rear of the property. The property is situated less than 10 minutes from Downtown Sacramento, in the Arden/Arcade submarket. It is also located approximately 1 mile from Arden Fair Mall, with convenient access to Interstate 80. The average in-place rents are $1,381, while the average market rents are $1,555. The property size is 8400 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Sacramento
- County
- Sacramento
- State
- California
- Longitude
- -121.4169992
- Latitude
- 38.6135476
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 12-unit apartment community near Downtown Sacramento with upgrade potential.
Where is this apartment building located?
The property is located at 2630 Darwin St Sacramento, CA.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: - Below market rents offer immediate upside potential.; - **Highly desirable unit mix with 66% two-bedroom units.**; - Located less than 10 minutes from Downtown Sacramento.