Renovated Multifamily
999 Arcade Boulevard Sacramento, CA 95815
New
For Sale
$1,100,000
Six renovated two-bedroom, one-bath units with on-site resident parking and available street parking for guests.
Property Size3,618 SF
Price / SF$304.04
Days on Market4
Property Features for 999 Arcade Boulevard
General Information
- Standard status
- Active
- Size
- 3,618 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1960
Listing Agency:
Corcoran Icon Properties
(650) 207-5253
Listed By:
Steve Belluomini · License #01095848
(650) 207-5253
Source:
Exitrealty
Added: Jul 22
Changed: Jul 24
Last Checked: Jul 24 at 5:21AM
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 Corcoran Icon Properties
Investment Insights
Based on property information with market context.
This well-maintained multifamily property features six spacious two-bedroom, one-bath units, each averaging approximately 750 square feet. The majority of units have been renovated with updated kitchens, flooring, cabinetry, and countertops. The building also includes recent capital improvements and offers on-site parking for residents.
The property is located in an established Sacramento neighborhood with convenient access to shopping, dining, schools, and major transportation corridors. Additional street parking is available for guests.
For investors, the asset is presented as a stabilized investment with in-place income, supported by the current unit mix and strong tenant demand.
The property is located in an established Sacramento neighborhood with convenient access to shopping, dining, schools, and major transportation corridors. Additional street parking is available for guests.
For investors, the asset is presented as a stabilized investment with in-place income, supported by the current unit mix and strong tenant demand.
Key Highlights
- 1960‑built multifamily with six two‑bedroom, one‑bath units
- All units average approximately 750 SF and feature a spacious two‑bedroom layout
- Most units have been renovated with updated kitchens, flooring, cabinetry, and countertops
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 | $108.5k | $30.00 |
| − Vacancy | −$5.2k | −$1.44 |
| EGI | $103.3k | $28.56 |
| − OpEx | −$46.5k | −$12.85 |
| NOI | $56.8k | $15.71 |
3,618 SF · lease $30.00/SF/yr · vacancy 4.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$811.9K
$710.4K – $947.2K
NOI $56,832 @ 7.0% cap · market cap 5.17%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$972.2K
$850.7K – $1.13M
NOI $68,055 @ 7.0% cap · market cap 6.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
daddychill7k
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Apartment building - Six renovated two-bedroom, one-bath units with on-site resident parking and available street parking for guests.
Where is this apartment building located?
The property is located at 999 Arcade Boulevard Sacramento, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 1960‑built multifamily with six two‑bedroom, one‑bath units; All units average approximately 750 SF and feature a spacious two‑bedroom layout; Most units have been renovated with updated kitchens, flooring, cabinetry, and countertops
