Six-Unit Apartment
For Sale
$1,278,000
2104 Dawn Way, Sacramento, CA 95825
Fully occupied property with two-bedroom units, separate utility metering, private downstairs yards, parking, and shared laundry.
Property Size4,236 SF
Price / SF$301.70
Days on Market68
Property Features for 2104 Dawn Way
General Information
Standard status
Active
Size
4,236 SF
Total Parking Spaces
10
Property subtype
Residential Income
Occupancy
100%
Net Operating Income
$75,521
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
6 x 2BR/1BA
Multifamily Units
6
Additional Details
Cap Rate
6%
Taxes and HOA fees
Annual Taxes
$13,647
Amenities
gas range
refrigerator
microwave
dishwasher
dual-pane windows
air conditioning
wall-mounted heating
private backyards
on-site parking
shared laundry facility
Sidewalks
Wall/Window Unit(s)
Wall Furnace
Dishwasher, Gas Range, Microwave
Ceiling Fan(s)
Neighborhood
Wood
Assigned
Building Details
Building Size
4,236 SF
Year Built
1957
Buildings
1
Stories
2
Listing Agency:
COMPASS
Listed By:
Carmen Chan
(415) 272-5572
Source:
Evrealestate
Added: Aug 8
Changed: Sep 29
Last Checked: Oct 12 at 7:22PM
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 COMPASS
Investment Insights
Based on property information with market context.
This six-unit apartment property at 2104 Dawn Way contains approximately 4,236 square feet arranged as six two-bedroom, one-bathroom residences. Built in 1957, the property is fully occupied. Unit features include gas ranges, refrigerators, microwaves, dishwashers, dual-pane windows, air conditioning, and wall-mounted heating. Gas and electricity are separately metered for each unit, while downstairs residences include private backyards. On-site parking and a shared laundry facility serve the residents.
The property is located in Sacramento’s Arden-Arcade submarket, near parks, shopping, dining, public transportation, and everyday amenities. Established rental income and a current cap rate of approximately 6%, calculated with a 5% vacancy allowance, are supported by the existing occupancy. The property is available for drive-by viewing only; tenants are not to be disturbed.
The property is located in Sacramento’s Arden-Arcade submarket, near parks, shopping, dining, public transportation, and everyday amenities. Established rental income and a current cap rate of approximately 6%, calculated with a 5% vacancy allowance, are supported by the existing occupancy. The property is available for drive-by viewing only; tenants are not to be disturbed.
Key Highlights
- Six‑unit apartment property totaling approximately 4,236 square feet
- Six two‑bedroom, one‑bathroom units; all are fully occupied
- Current cap rate of approximately 6%, calculated with a 5% vacancy allowance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,539
Cap Rate
5.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,330,780
$1.3M
Cap Rate 7%
$950,557
$950.6K
Cap Rate 9%
$739,322
$739.3K
Market Conditions
NOI Build-Up for 4,236 SF
Gross rent
$127.1K $30.00/SF
− Vacancy
−$6.1K −$1.44/SF
EGI
$121.0K $28.56/SF
− OpEx
−$54.4K −$12.85/SF
NOI
$66.5K $15.71/SF
Area
Sacramento, CA
Vacancy
4.80%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,330,780
Cap Rate 7%
$950,557
Cap Rate 9%
$739,322
Alternative Uses
Best Use
Apartment 5plus
$950.6K
$831.7K – $1.11M
NOI $66,539 @ 7.0% cap · market cap 5.21%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.14M
$996.0K – $1.33M
NOI $79,679 @ 7.0% cap · market cap 6.23%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
6
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
825
Businesses Nearby
Explore this area
Business Placement
Demographics for 95825, CA
36,081
Population
16,803
Households
2.1
Avg Household Size
34
Median Age
33%
College-Educated
87%
High-School Grad
4.7 sq mi
ZIP Area
7,677
Density / Sq Mi
$64,264
Median Household Income
$35,994
Median Earnings
$1,582
Median Rent
$433,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied property with two-bedroom units, separate utility metering, private downstairs yards, parking, and shared laundry.
Where is this apartment building located?
The property is located at 2104 Dawn Way Sacramento, CA.
What is the asking price?
The asking price for this property is $1,278,000.
What are key features of this property?
This property features: Six‑unit apartment property totaling approximately 4,236 square feet; Six two‑bedroom, one‑bathroom units; all are fully occupied; Current cap rate of approximately 6%, calculated with a 5% vacancy allowance
