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Residential Income Property with Central Air
New
For Sale
$899,000

2761 32nd Avenue, Sacramento, CA 95824

The building includes central air conditioning and central heating.

Property Size2,000 SF
Price / SF$449.50
Days on Market4

Property Features for 2761 32nd Avenue

General Information

Standard status Active
Size 2,000 SF
Total Parking Spaces 4
Property subtype Residential Income
Zoning R-1-EA-4

Amenities

Central Air
Central

Building Details

Year Built 1925
Buildings 2
Stories 1
Listed By: Dmitrii Lentsev
Source: Evrealestate
Added: Oct 11 Last Checked: Oct 12 at 6:59PM

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 Dmitrii Lentsev

Investment Insights

Based on property information with market context.

This residential income property is a 2,000-square-foot building completed in 1925. Interior features include central air conditioning and central heating.

The property is located at 2761 32nd Avenue in Sacramento, California, and is zoned R-1-EA-4.

Key Highlights

  • 2,000‑square‑foot residential income property
  • Built in 1925
  • Central air conditioning and central heating

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,416
Cap Rate
3.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$628,320 $628.3K
Cap Rate 7%
$448,800 $448.8K
Cap Rate 9%
$349,067 $349.1K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$60.0K $30.00/SF
− Vacancy
−$2.9K −$1.44/SF
EGI
$57.1K $28.56/SF
− OpEx
−$25.7K −$12.85/SF
NOI
$31.4K $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%
$628,320
Cap Rate 7%
$448,800
Cap Rate 9%
$349,067

Alternative Uses

Best Use
Apartment 5plus
$448.8K
$392.7K – $523.6K (±1% cap)
NOI $31,416 @ 7.0% cap · market cap 3.49%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$537.4K
$470.3K – $627.0K (±1% cap)
NOI $37,620 @ 7.0% cap · market cap 4.18%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage HVAC Service Skin Care Clinic

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

Location Intelligence

Trade Area within ½ mile

643
Businesses Nearby

Demographics for 95824, CA

31,524
Population
9,686
Households
3.3
Avg Household Size
33
Median Age
12%
College-Educated
69%
High-School Grad
4.0 sq mi
ZIP Area
7,881
Density / Sq Mi
$53,938
Median Household Income
$32,435
Median Earnings
$1,392
Median Rent
$322,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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Frequently Asked Questions

What type of property is this?
Residential income property - The building includes central air conditioning and central heating.
Where is this residential income property located?
The property is located at 2761 32nd Avenue Sacramento, CA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 2,000‑square‑foot residential income property; Built in 1925; Central air conditioning and central heating
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