Multifamily Property with
For Sale
$680,000
5631 53rd Street, Sacramento, CA 95824
R-3-zoned property with ductless climate systems and multiple interior units.
Property Size1,936 SF
Price / SF$351.24
Days on Market11
Property Features for 5631 53rd Street
General Information
Standard status
Active
Size
1,936 SF
Total Parking Spaces
6
Property subtype
Residential Income
Zoning
R-3
Lease Term
12 Months
Amenities
Coin Laundry
Ceiling Fan(s), Ductless, Multi Units
Ductless
Free-Standing Gas Range, Free-Standing Refrigerator, Dishwasher, Microwave, Disposal
Off Street, On Street
Balcony
Building Details
Year Built
1954
Buildings
1
Stories
2
Listed By:
Tommee Peterson
(916) 613-2977
Source:
Evrealestate
Added: Oct 4
Last Checked: Oct 12 at 7:20PM
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 Tommee Peterson
Investment Insights
Based on property information with market context.
This R-3-zoned multifamily property contains 1,936 square feet and was built in 1954. Interior features include ductless systems, ceiling fans, and a kitchen equipped with a freestanding gas range, refrigerator, dishwasher, microwave, and disposal. Balconies provide an exterior amenity, with off-street and on-street parking options noted.
The property is located at 5631 53rd Street in Sacramento. Access directions route from Fruitridge to 53rd Street.
The property is located at 5631 53rd Street in Sacramento. Access directions route from Fruitridge to 53rd Street.
Key Highlights
- 1,936 square feet; built in 1954
- R‑3 zoning
- Ductless systems and ceiling fans
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,411
Cap Rate
4.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$608,220
$608.2K
Cap Rate 7%
$434,443
$434.4K
Cap Rate 9%
$337,900
$337.9K
Market Conditions
NOI Build-Up for 1,936 SF
Gross rent
$58.1K $30.00/SF
− Vacancy
−$2.8K −$1.44/SF
EGI
$55.3K $28.56/SF
− OpEx
−$24.9K −$12.85/SF
NOI
$30.4K $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%
$608,220
Cap Rate 7%
$434,443
Cap Rate 9%
$337,900
Alternative Uses
Best Use
Apartment 5plus
$434.4K
$380.1K – $506.9K
NOI $30,411 @ 7.0% cap · market cap 4.47%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$520.2K
$455.2K – $606.9K
NOI $36,416 @ 7.0% cap · market cap 5.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
708
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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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?
Multifamily property - R-3-zoned property with ductless climate systems and multiple interior units.
Where is this multifamily property located?
The property is located at 5631 53rd Street Sacramento, CA.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: 1,936 square feet; built in 1954; R‑3 zoning; Ductless systems and ceiling fans
