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    714 Darina Ave Sacramento, CA 95815

    Sponsored
    For Sale
    $2,850,000

    Sacramento Multifamily Investment Opportunity

    Property size:
    10,382 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional multifamily investment property, located at 714-728 Darina Avenue in Sacramento, California, presents a compelling opportunity for discerning investors. The property consists of a 20-unit apartment building, each unit boasting a spacious one-bedroom, one-bathroom layout. Recently refreshed with fresh paint, the units offer a clean and inviting atmosphere. Each apartment includes appliances, and residents benefit from convenient on-site parking. The building encompasses 10,382 square feet on a 12,719 square foot lot, situated in the 95815 zip code of Sacramento County. The asking price is $2,850,000, translating to $142,500 per unit and $275 per square foot. Strong financial performance is indicated by a current cap rate of 5.19% and a pro-forma cap rate of 5.51%. This well-maintained property offers a blend of comfortable living spaces and attractive investment potential, making it an ideal addition to any portfolio. The property's location in Sacramento provides easy access to local amenities and transportation. This is a turnkey opportunity to acquire a stable, income-generating asset in a desirable market. The property's size and unit configuration make it an attractive option for both individual and institutional investors seeking a strong return on investment. The current market conditions and the property's strong performance metrics suggest a promising future for this multifamily asset.

    Property Features for 714 Darina Ave

    General Information

    Property type
    Multifamily properties
    Square Feet
    10,382 SF

    Building Details

    Units
    20

    HighLights

    • 20‑unit apartment building in Sacramento, CA.
    • Each unit is a spacious one‑bedroom, one‑bathroom apartment with appliances and on‑site parking.
    • 10,382 square foot building on a 12,719 square foot lot in the 95815 zip code.
    • Asking price: $2,850,000 ($142,500 per unit, $275 per square foot).
    • Current cap rate: 5.19%; Pro‑forma cap rate: 5.51%.
    Property Profile Location Intelligence

    Current Use by Public Records

    Darina apartments Apartment Complex

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Sacramento
    County
    Sacramento
    State
    California
    Longitude
    -121.4498088
    Latitude
    38.6100961

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    FAQs

    What type of property is this?
    Multifamily property - Sacramento Multifamily Investment Opportunity
    Where is this multifamily property located?
    The property is located at 714 Darina Ave Sacramento, CA.
    What is the asking price?
    The asking price for this property is $2,850,000.
    What are key features of this property?
    This property features: 20-unit apartment building in Sacramento, CA.; Each unit is a spacious one-bedroom, one-bathroom apartment with appliances and on-site parking.; 10,382 square foot building on a 12,719 square foot lot in the 95815 zip code.
    Request Owner's contact information
    714 Darina Ave Sacramento, CA 95815
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    Sacramento, CA 95815
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    714 Darina Ave Sacramento, CA 95815
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