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714 Darina Ave Sacramento, CA 95815

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For Sale
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Sacramento Multifamily Investment Opportunity

Property size:
10,382 SF

Property Features for 714 Darina Ave

General Information

Property type
Multifamily properties
Square Feet
10,382 SF

Building Details

Units
20

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Listing Contact
Brian Baniqued
Brian Baniqued

Listing Agency: Baniqued Commercial Real Estate Listing Agent: Brian Baniqued

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

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 Profile Insight Report Location Intelligence

Current Use by Public Records

Darina apartments Apartment Complex

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

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.
(510) 222-0900 Call to check price and availability
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