2401 24th St Sacramento, CA 95818
Well-maintained 10-unit apartment community near Downtown Sacramento.
Type:Multifamily
- Added:
- Apr 3, 2026
- Days on Market:
- 20
- Last Refresh:
- Apr 3 at 4:55 am
Property Features for 2401 24th St
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing agent David DeLoney License #CA: 02045150 (916) 724-1294
Listing office Sacramento Office (916) 724-1294
Listing date Apr 3, 2026
Source Marcusmillichap
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Overview
Sacramento Multifamily Investment Opportunity
This well-maintained 10-unit apartment community is ideally located minutes from Downtown Sacramento and the California State Capitol. The property features a diverse unit mix of one-bedroom, two-bedroom, and studio floor plans. It offers investors a compelling value-add opportunity driven by both operational and rental upside, while benefiting from strong in-place fundamentals and an irreplaceable infill location. The property is in excellent physical condition, with select units recently renovated, reducing immediate capital expenditure requirements. The property also features garage parking, a highly sought-after amenity in Midtown Sacramento where secure parking is limited. Average rent at the property is below market, presenting a clear pathway to revenue growth through strategic management, unit interior upgrades upon turnover, and thoughtful rent realignment to market levels. This property provides investors with the rare combination of stable occupancy, strong physical integrity, and meaningful upside potential in one of California’s most dynamic and supply-constrained rental markets.
Location Intelligence
Current Use by Public Records
bJovon Designs LLC
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Location Insight
- Map
- Local Demand
- City
- Sacramento
- County
- Sacramento
- State
- California
- Longitude
- -121.481112
- Latitude
- 38.55959
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Well-maintained 10-unit apartment community near Downtown Sacramento.
Where is this apartment building located?
The property is located at 2401 24th St Sacramento, CA.
What is the asking price?
The asking price for this property is $1,825,000.
What are key features of this property?
This property features: Value‑add opportunity through rent increases and unit upgrades; Excellent physical condition with recent renovations reduces immediate capital expenditures; Irreplaceable infill location minutes from Downtown Sacramento and the California State Capitol
