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Residential Income Property with Carport
New
For Sale
$834,999

730 Dixieanne Avenue, Sacramento, CA 95815

The property includes tandem carport parking, a balcony, and a mix of gas and electric cooking appliances.

Property Size2,100 SF
Price / SF$397.62
Days on Market2

Property Features for 730 Dixieanne Avenue

General Information

Standard status Active
Size 2,100 SF
Total Parking Spaces 4
Property subtype Residential Income
Zoning R-1
Lease Term 12 Months

Site & Location

Highway Access Yes
Road Access Yes

Amenities

Sidewalks
Window Unit(s)
Wall Furnace
Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Cooktop, Gas Water Heater, Electric Cooktop
Other
Open, Carport, Tandem
Balcony
A-Frame, Mid-Century, Contemporary

Building Details

Year Built 1963
Buildings 1
Stories 2
Listed By: Bernard Burks · License #00517281
Source: Evrealestate
Added: Oct 20 Changed: Oct 21 Last Checked: Oct 21 at 1:59AM

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 Bernard Burks

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Investment Insights

Based on property information with market context.

Built in 1963, this residential income property has a balcony and tandem carport parking. Interior features include window air-conditioning units, a wall furnace, and a gas water heater. Cooking appliances include a free-standing gas oven and range, a gas cooktop, and an electric cooktop; a free-standing refrigerator is also included.

The property is at 730 Dixieanne Avenue in Sacramento and is zoned R-1. Its exterior style is described as A-frame, mid-century, and contemporary.

Key Highlights

  • Tandem carport parking
  • Balcony
  • Window air‑conditioning units and wall furnace

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$32,987
Cap Rate
3.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$659,740 $659.7K
Cap Rate 7%
$471,243 $471.2K
Cap Rate 9%
$366,522 $366.5K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$63.0K $30.00/SF
− Vacancy
−$3.0K −$1.44/SF
EGI
$60.0K $28.56/SF
− OpEx
−$27.0K −$12.85/SF
NOI
$33.0K $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%
$659,740
Cap Rate 7%
$471,243
Cap Rate 9%
$366,522

Alternative Uses

Best Use
Apartment 5plus
$471.2K
$412.3K – $549.8K (±1% cap)
NOI $32,987 @ 7.0% cap · market cap 3.95%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$564.3K
$493.8K – $658.4K (±1% cap)
NOI $39,501 @ 7.0% cap · market cap 4.73%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

949
Businesses Nearby

Demographics for 95815, CA

27,838
Population
10,527
Households
2.6
Avg Household Size
34
Median Age
17%
College-Educated
79%
High-School Grad
7.7 sq mi
ZIP Area
3,615
Density / Sq Mi
$58,590
Median Household Income
$37,199
Median Earnings
$1,448
Median Rent
$298,400
Median Home Value
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Frequently Asked Questions

What type of property is this?
Residential income property - The property includes tandem carport parking, a balcony, and a mix of gas and electric cooking appliances.
Where is this residential income property located?
The property is located at 730 Dixieanne Avenue Sacramento, CA.
What is the asking price?
The asking price for this property is $834,999.
What are key features of this property?
This property features: Tandem carport parking; Balcony; Window air‑conditioning units and wall furnace
More about this property
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