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Newly Constructed Smart Studio Apartment

3131 W St Sacramento, CA 95817

3131 W St, Sacramento, CA, 95817
$5,500,000
For Sale
$5,500,000

18-unit Class A community with smart studio units, 14-foot ceilings, and no shared walls.

Days on Market112

Property Features for 3131 W St

General Information

Standard status
Active
Property subtype
Multifamily
Listing agency Sacramento Downtown Office
Listed by Sutter McLoughlin · License #CA: 02086137
Source Marcusmillichap
Added: Apr 3 Updated: Jul 23 at 1:32AM Checked: Jul 23 at 2:35AM

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 Sacramento Downtown Office


Investment Insights

Based on property information with market context.

Delta Bungalows is a newly constructed 18-unit, Class A apartment community featuring 14-foot ceilings and no shared walls. The property offers fully equipped 500 SF smart studios supported by Ori Cloud Bed technology, with a configuration described as having transformable layouts.

Delta Bungalows is located in Sacramento’s North Oak Park neighborhood and is positioned near major medical employers, including UC Davis Health & Aggie Square (0.7 miles), Sutter Health (1.2 miles), and Mercy Hospital (1.5 miles).

Completed in Winter 2025 and launched with its leasing campaign in January 2026, the property is advertising upstairs units at $1,850 base rent and downstairs units at $1,750 base rent. Both unit types are supplemented by a RUBs program of $110 per unit per month, with signed leases in place at those figures. Current ownership plans to continue lease-up efforts through the first half of 2026.

Key Highlights

  • Newly constructed 18‑unit Class A multifamily community in Sacramento’s North Oak Park neighborhood
  • Smart studios feature Ori Cloud Bed technology, 14‑foot ceilings, and no shared walls
  • 500 SF fully equipped studio apartments with transformable/adjustable layouts

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Big Box & Wholesale Store Auto Parts Store HVAC Service Furniture & Home Goods Electrical Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Storage Facility Veterinary Clinic Grocery & Convenience Store

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

FAQs

What type of property is this?
Apartment building - 18-unit Class A community with smart studio units, 14-foot ceilings, and no shared walls.
Where is this apartment building located?
The property is located at 3131 W St Sacramento, CA.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: Newly constructed 18‑unit Class A multifamily community in Sacramento’s North Oak Park neighborhood; Smart studios feature Ori Cloud Bed technology, 14‑foot ceilings, and no shared walls; 500 SF fully equipped studio apartments with transformable/adjustable layouts
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