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OFF-MARKET
Apartment buildings

1810 E St Sacramento, CA 95811

3,400 SF 0.15 ac lot Built 1910
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a four-unit apartment building located at 1810 E Street in Sacramento, California, 95811. The property, built in 1910, boasts a total of 3,400 square feet on a 0.15-acre lot, offering significant potential for expansion. Currently configured as a two-story building, each of the four units includes a washer and dryer. The asking price is $1,100,000, translating to $275,000 per unit. The property is zoned R-3A-SPD, and provides one parking space per 1,000 square feet. Three of the four units are currently rented below market value, presenting a clear path to increased profitability. The location within the Boulevard Park neighborhood offers convenient access to Downtown Sacramento's amenities, including the Golden 1 Center, just a five-minute drive away. Sutter's Landing Regional Park, a large park with various recreational facilities, is only a four-minute drive from the property. The property's attractive unit mix is ideal for young professionals working in the Midtown/CBD area. Furthermore, the alley-side lot offers the possibility of adding an Accessory Dwelling Unit (ADU), a project that the City of Sacramento will expedite with pre-approved designs. This presents a unique opportunity to enhance the property's value and rental income further. The APN is 003-0122-005-0000.

Property profile
Verified
Property type Apartment buildings
Year built 1910
Total area 3,400 SF
Lot 0.15 ac (6,534 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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