2518 X St Sacramento, CA 95818-2664
Property profile & analytics
2518 X St Sacramento, CA 95818-2664
- Apartment buildings
- 5,889 SF
- 0.15 lot acres
Property ID
US09-3272253
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Apartment buildings
Property Details for 2518 X St
- Year built
- 1974
- Construction
- WOOD
- Lot size
- 0.15 lot acres
- Property size
- 5,889 SF
- Zone code
- RO-SPD
- Property type
- Apartment buildings
- APN
- 010-0233-008-0000
- APU
- 1002330080000
Description
This exceptional 7-unit apartment building, located in Sacramento, CA (zip code 95818), presents a compelling investment opportunity. The property, situated on a 0.15-acre lot, boasts 5,800 square feet of living space and is currently operating at 100% occupancy. Built in 1974, this two-story building features a mix of one, two, and three-bedroom units, offering a desirable rental mix. The asking price is $1,475,000, translating to $210,714 per unit and a price per square foot of $254.31. The property generates a strong Net Operating Income (NOI) of $77,585, resulting in a 5.26% capitalization rate. Features include central heating and air conditioning, off-street parking, on-site laundry facilities, and a secured gated entrance. Many units have been recently updated with new flooring, paint, appliances, kitchen, and bathroom improvements. The property's location near major highways, Midtown Sacramento, Land Park, and Curtis Park provides convenient access to employment, shopping, and dining options, as well as attractions like the Golden 1 Center and Sacramento Airport. Potential for increased revenue exists through rent adjustments, additional parking fees, and implementing a Ratio Utility Billing System (RUBS). The property's APN is 010-0233-008 and is zoned RO-SPD.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,480,000
- ML approach
- $1,600,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,540,000
- 6.5%
- $1,425,000
- 7%
- $1,320,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $935,000
Market price range: $528k - $935k -
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $1,955,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $1,845,000 Change: -5% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Sacramento
- County
- Sacramento
- State
- California
- Longitude
- -121.479
- Latitude
- 38.559
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$15,217
$384,308
$841,285
$1,225,593
-
$0.00
$0.00
$0.00
