1218 Janey Way Sacramento, CA 95819
- Commercial real estate
- 2,625 SF
- 0.19 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1218 Janey Way
- Year built
- 1951
- Lot size
- 0.19 lot acres
- Property size
- 2,625 SF
- Property type
- Commercial real estate
- APN
- 008-0243-033-0000
Description
This exceptional Class A multifamily investment opportunity, located at 1218 Janey Way in Sacramento, CA 95819, presents a compelling blend of location, income, and potential. The property, situated on a 0.19-acre lot (APN 008-0243-033-0000), comprises three units totaling 2,625 square feet. Built in 1951 and extensively renovated in 2024, the property features a completely renovated single-family residence and two newly constructed Accessory Dwelling Units (ADUs). All three units are currently leased at market rates, resulting in 100% occupancy and a strong net operating income (NOI) of $67,328, yielding a 5.25% capitalization rate. The asking price is $1,280,000, translating to $487 per square foot. The property is zoned R-1 and boasts an enviable location in the Little Italy Historic District of East Sacramento, within walking distance of Sacramento State, St. Francis High School, and the Corti Brothers Shopping Center. Unit sizes are 1,425 sq ft, 600 sq ft, and 600 sq ft. This property offers a solid long-term investment opportunity with the added benefit of potential owner-occupancy, offsetting ownership costs with rental income from the other units.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sacramento
- County
- Sacramento
- State
- California
- Longitude
- -121.4333502
- Latitude
- 38.5605731
