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Remodeled 12-Unit Apartment Community
For Sale
Contact for pricing
Pending

1626 27th St, Sacramento, CA 95816

Remodeled 12-unit apartment building featuring new interiors and tuck-under parking with gated courtyard access.

Property SizeContact for details
Days on Market145

Property Features for 1626 27th St

General Information

Standard status Pending
Total Parking Spaces 4
Property subtype Multifamily

Additional Details

Multifamily Units 12

Building Details

Year Built 1955
Year Renovated 2018
Tenancy Multi
Listing Agency: Marcus & Millichap - Sacramento
Listed By: Tony DeLoney · License #CA 01920427
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 31 at 5:40AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Sacramento

Investment Insights

Based on property information with market context.

This for-sale multifamily property is a remodeled 12-unit apartment community originally built in 1955 and extensively renovated in 2018. The 2018 renovation brought the building back down to the studs with both functional and cosmetic replacements throughout. Updates include new unit interiors, stucco siding, double-pane windows, a new roof, and new plumbing.

The property also includes four income-producing tuck-under parking spaces, with private gated access into the courtyard.

Tours must be scheduled with The DeLoney Group, and the listing instructs buyers to not disturb management or tenants. The ownership also states an assumable note is available, fixed at 3.55% and due in 2035.

Key Highlights

  • 12‑unit apartment community at 1626 27th Street in Midtown Sacramento.
  • Extensive 2018 renovation down to the studs; new unit interiors, stucco siding, double‑pane windows, roof, and plumbing.
  • Assumable note fixed at 3.55%, due in 2035.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Catering Service Butcher Electrical Service Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

6,762
Businesses Nearby

Demographics for 95816, CA

18,606
Population
11,553
Households
1.6
Avg Household Size
36
Median Age
65%
College-Educated
98%
High-School Grad
2.7 sq mi
ZIP Area
6,891
Density / Sq Mi
$90,521
Median Household Income
$61,407
Median Earnings
$1,647
Median Rent
$789,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Remodeled 12-unit apartment building featuring new interiors and tuck-under parking with gated courtyard access.
Where is this apartment building located?
The property is located at 1626 27th St Sacramento, CA.
What are key features of this property?
This property features: 12‑unit apartment community at 1626 27th Street in Midtown Sacramento.; Extensive 2018 renovation down to the studs; new unit interiors, stucco siding, double‑pane windows, roof, and plumbing.; Assumable note fixed at 3.55%, due in 2035.
(916) 724-1400 Call to check price and availability
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