Seven-Unit Apartment
For Sale
$1,149,000
3732 Astoria St, Sacramento, CA 95838
Fee-simple seven-unit apartment community with covered off-street parking and 1-, 2-, and 3-bedroom units.
Property Size5,068 SF
Days on Market114
Property Features for 3732 Astoria St
General Information
Standard status
Active
Size
5,068 SF
Property subtype
Multifamily
Occupancy
97%
Financials
Cap Rate
5.95%
Business Included
Yes
Additional Details
Highway Access
Yes
Multifamily Units
7
Amenities
2007 build with stucco exterior
Attractive mix of 1, 2, and 3 bedroom units
Convenient access to HWY-80
Building Details
Building Size
5,068 SF
Year Built
2007
Units
7
Tenancy
Multi
Listing Agency:
Sacramento Office
Listed By:
Ilya Pigman · License #License(s): CA: 02176981
(916) 724-1323
Source:
Marcusmillichap
Added: Jun 28
Changed: Oct 3
Last Checked: Oct 19 at 3:24AM
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 Office
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Investment Insights
Based on property information with market context.
This fee-simple seven-unit apartment community was built in 2007 and offers a diversified unit mix with 1-, 2-, and 3-bedroom floorplans. The property includes a private entrance and covered off-street parking for each resident, supporting a more convenient day-to-day living experience. For prospective buyers, this is presented as an opportunity where light upgrades to the remaining five units are part of the stated plan to address an existing occupancy shortfall.
The community is located approximately two blocks from Highway 80, providing residents access to Midtown and Downtown Sacramento as well as the broader Greater Sacramento MSA. The remarks also note that Haggin Oaks Golf Complex is a short drive away across Roseville Road.
For tenants and brokers, the combination of covered off-street parking and multiple bedroom configurations is geared toward a range of household needs within a compact seven-unit setting. For investors, the property is offered for sale with scheduled tours required through the listing agents and a clear instruction not to disturb residents or management. Interested parties should plan accordingly and follow the tour process outlined for this exclusive listing.
The community is located approximately two blocks from Highway 80, providing residents access to Midtown and Downtown Sacramento as well as the broader Greater Sacramento MSA. The remarks also note that Haggin Oaks Golf Complex is a short drive away across Roseville Road.
For tenants and brokers, the combination of covered off-street parking and multiple bedroom configurations is geared toward a range of household needs within a compact seven-unit setting. For investors, the property is offered for sale with scheduled tours required through the listing agents and a clear instruction not to disturb residents or management. Interested parties should plan accordingly and follow the tour process outlined for this exclusive listing.
Key Highlights
- Fee‑simple interest in a seven‑unit apartment community at 3732–3736 Astoria St, Sacramento, CA
- Unit mix includes 1-, 2-, and 3‑bedroom floorplans
- Built in 2007
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,608
Cap Rate
6.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,592,160
$1.6M
Cap Rate 7%
$1,137,257
$1.1M
Cap Rate 9%
$884,533
$884.5K
Market Conditions
NOI Build-Up for 5,068 SF
Gross rent
$152.0K $30.00/SF
− Vacancy
−$7.3K −$1.44/SF
EGI
$144.7K $28.56/SF
− OpEx
−$65.1K −$12.85/SF
NOI
$79.6K $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%
$1,592,160
Cap Rate 7%
$1,137,257
Cap Rate 9%
$884,533
Alternative Uses
Best Use
Apartment 5plus
$1.14M
$995.1K – $1.33M
NOI $79,608 @ 7.0% cap · market cap 6.93%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.36M
$1.19M – $1.59M
NOI $95,329 @ 7.0% cap · market cap 8.30%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Lease Details
7
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
177
Businesses Nearby
Explore this area
Business Placement
Demographics for 95838, CA
41,340
Population
12,400
Households
3.3
Avg Household Size
32
Median Age
14%
College-Educated
80%
High-School Grad
9.2 sq mi
ZIP Area
4,493
Density / Sq Mi
$63,969
Median Household Income
$35,443
Median Earnings
$1,605
Median Rent
$369,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Fee-simple seven-unit apartment community with covered off-street parking and 1-, 2-, and 3-bedroom units.
Where is this apartment building located?
The property is located at 3732 Astoria St Sacramento, CA.
What is the asking price?
The asking price for this property is $1,149,000.
What are key features of this property?
This property features: Fee‑simple interest in a seven‑unit apartment community at 3732–3736 Astoria St, Sacramento, CA; Unit mix includes 1-, 2-, and 3‑bedroom floorplans; Built in 2007
