Six-Unit Multifamily Investment
605 W El Camino Ave, Sacramento, CA 95833
Multifamily investment property with six units in North Sacramento.
Type:Multifamily
Property size:
3,048 SFPrice / SF:
$275/SF- Added:
- Jan 29, 2026
- Days on Market:
- 150
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 605 W El Camino Ave
General Information
- Standard status
- Active
- Size
- 3,048 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1956
Listing office eXp Commercial of California Inc.
Listing date Jan 29, 2026
Source Crexi
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 eXp Commercial of California Inc.
HighLights
- Stable in‑place income with future upside potential.
- Recent capital improvements, including electrical panel replacement and new gating, improving security.
- Opportunity to activate an additional ancillary income stream by operating the on‑site laundry room.
- Located in the Natomas submarket of Sacramento, a well‑established residential corridor near I‑80 and I‑5.
- Dual‑pane windows enhance energy efficiency and interior comfort.
- Low‑maintenance building profile with durable mid‑century construction.
Overview
Located in North Sacramento, California, the property at 605 W El Camino Ave is a six-unit multifamily investment property constructed in 1956. The property features six one-bedroom, one-bathroom units, each approximately 500 square feet. The property has been gated to improve security and tenant privacy, and dual-pane windows enhance energy efficiency and interior comfort. Recent capital improvements include replacement of the electrical panels. The property also includes a dedicated on-site laundry room that is not currently in operation. Constructed with durable mid-century materials, the property features functional unit layouts and a low-maintenance building profile. The property is located in the Natomas submarket of Sacramento, a residential corridor with demand for rental housing, and benefits from proximity to Interstate 80 and Interstate 5. Residents have access to neighborhood retail centers, grocery stores, schools, and everyday services. The surrounding area is supported by Sacramento’s diverse employment base, including healthcare, government, logistics, and regional distribution hubs.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $91.4k | $30.00 |
| − Vacancy | −$4.4k | −$1.44 |
| EGI | $87.1k | $28.56 |
| − OpEx | −$39.2k | −$12.85 |
| NOI | $47.9k | $15.71 |
3,048 SF · lease $30.00/SF/yr · vacancy 4.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$684.0K
$598.5K – $798.0K
NOI $47,878 @ 7.0% cap · market cap 5.71%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$819.0K
$716.7K – $955.6K
NOI $57,333 @ 7.0% cap · market cap 6.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Mobeta Taxi
Courier Service
Location Insight
- Map
- Local Demand
- City
- Sacramento
- County
- Sacramento
- State
- California
- Longitude
- -121.476287
- Latitude
- 38.611543
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Multifamily investment property with six units in North Sacramento.
Where is this apartment building located?
The property is located at 605 W El Camino Ave Sacramento, CA.
What is the asking price?
The asking price for this property is $839,000.
What are key features of this property?
This property features: Stable in‑place income with future upside potential.; Recent capital improvements, including electrical panel replacement and new gating, improving security.; Opportunity to activate an additional ancillary income stream by operating the on‑site laundry room.
