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2630 Darwin St Sacramento, CA 95821

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For Sale
$1,895,000

12-unit apartment community near Downtown Sacramento with upgrade potential.

Property size:
8,400 SF

Property Features for 2630 Darwin St

General Information

Size
8,400 SF

Building Details

Year built
1955

Source: Rod Ballinger 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

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Gym & Fitness Building Supply Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Sacramento
County
Sacramento
State
California
Longitude
-121.4169992
Latitude
38.6135476

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.
More about this property
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