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Renovated Multifamily Apartment Community with Pool

1741 Wright St, Sacramento, CA 95825

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Fully renovated 1960s-era apartment community with pool, fitness center, clubhouse, and on-site management/leasing office.

Type:Multifamily

Property size:

48,600 SF

Price / SF:

$246/SF

HighLights

Alta Vista Commons Apartments is a 1963‑built multifamily community fully renovated in 2017–2019.
On‑site amenities include a swimming pool, fitness center, and clubhouse.
Management/Leasing Office is on‑site for day‑to‑day operations.
Ownership upgrades include landscaping, window upgrades, interior upgrades, asphalt, and balconies.
Property is described as centrally located near employment centers, retail corridors, schools, and transportation routes.

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David DeLoney

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For Sale

Contact for pricing

Fully renovated 1960s-era apartment community with pool, fitness center, clubhouse, and on-site management/leasing office.

Type:Multifamily

Property size:

48,600 SF

Price / SF:

$246/SF

Added:: Jun 17, 2026
Days on Market:: 5
Last Refresh:: Jun 20 at 6:43 am

Property Features for 1741 Wright St

General Information

Standard status: Active
Size: 48,600 SF
Property subtype: Multifamily

Building Details

Year Built: 1963

We can help!

Listing Contact

David DeLoney

Listing agent David DeLoney License #CA 02045150

Listing office Marcus & Millichap - Sacramento

Listing date Jun 17, 2026

Source Crexi

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

HighLights

Alta Vista Commons Apartments is a 1963‑built multifamily community fully renovated in 2017–2019.
On‑site amenities include a swimming pool, fitness center, and clubhouse.
Management/Leasing Office is on‑site for day‑to‑day operations.
Ownership upgrades include landscaping, window upgrades, interior upgrades, asphalt, and balconies.
Property is described as centrally located near employment centers, retail corridors, schools, and transportation routes.

Overview

Alta Vista Commons Apartments is a multifamily apartment community built in 1963 and fully renovated in 2017–2019. The property includes community amenities such as a swimming pool, fitness center, and clubhouse, along with a Management/Leasing Office. Ownership has completed exterior and site-related improvements including landscaping upkeep, window upgrades, interior upgrades, asphalt improvements, and balcony upgrades.

The asset is presented as a well-located community in the Arden-Arcade submarket of Sacramento, California. The public remarks indicate it is positioned near major employment centers, retail corridors, schools, and transportation routes.

Alta Vista Commons is designed for tenants seeking an apartment environment with on-site support and resident-focused amenities. For buyers, the combination of a maintained property profile and recent renovations supports a practical path for those evaluating a turnkey multifamily acquisition in the Sacramento market.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$1.46M	$30.00
− Vacancy	−$70.0k	−$1.44
EGI	$1.39M	$28.56
− OpEx	−$624.6k	−$12.85
NOI	$763.4k	$15.71

48,600 SF · lease $30.00/SF/yr · vacancy 4.80% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$10.91M

$9.54M – $12.72M (±1% cap)

NOI $763,409 @ 7.0% cap · market cap 6.36%

Second Best

—

no second resolved use

Theoretical Best

Specialty Retail

$13.06M

$11.43M – $15.24M (±1% cap)

NOI $914,166 @ 7.0% cap · market cap 7.62%

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

Location Intelligence

Current Use by Public Records

AltaVista Commons Apartment Building King High School

Suggested Use

Location Insight

Map
Local Demand

City: Sacramento
County: Sacramento
State: California
Longitude: -121.4066925
Latitude: 38.5974424

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For sale
Apartment buildings
CA
Sacramento
95825
1741 Wright St

What type of property is this?

Apartment building - Fully renovated 1960s-era apartment community with pool, fitness center, clubhouse, and on-site management/leasing office.

Where is this apartment building located?

The property is located at 1741 Wright St Sacramento, CA.

What is the asking price?

The asking price for this property is $12,000,000.

What are key features of this property?

This property features: Alta Vista Commons Apartments is a 1963‑built multifamily community fully renovated in 2017–2019.; On‑site amenities include a swimming pool, fitness center, and clubhouse.; Management/Leasing Office is on‑site for day‑to‑day operations.