1810 E St Sacramento, CA 95811
- Apartment buildings
- 3,400 SF
- 0.15 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 1810 E St
- Year built
- 1910
- Lot size
- 0.15 lot acres
- Property size
- 3,400 SF
- Property type
- Apartment buildings
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sacramento
- County
- Sacramento
- State
- California
- Longitude
- -121.48
- Latitude
- 38.5825
