3301 Alta Arden Expy Sacramento, CA 95825

Property Details for 3301 Alta Arden Expy

Year built

1961

Construction

WOOD

Lot size

0.27 lot acres

Property size

8,048 SF

Zone code

BP

Property type

Medical offices

Property subtype

Medical centers

APN

279-0225-003-0000

APU

27902250030000

Description

This exceptional 8,162-square-foot medical office building in Sacramento, California, presents a compelling investment opportunity. Located at 3301 Alta Arden Expressway, this single-story, 100% occupied property boasts a strong 6.26% cap rate and is priced at $1,300,000 ($159.27/SF). Built in 1961, the building sits on a 0.86-acre lot and features multiple tenants with month-to-month or short-term leases, offering immediate value-add potential through lease extensions and rent increases. Its prime location, just one block from the 287-bed Kaiser Permanente Sacramento Medical Center, provides exceptional visibility and access to a large patient base. The surrounding area is densely populated, with over 138,000 residents within a three-mile radius. This property is ideally suited for an owner-user seeking to occupy all or a portion of the building, or for an investor looking to capitalize on the under-market rents and enhance the property's value through strategic improvements. The property's APN is 279-0225-006, 279-0225-005, 279-0225-004 and 279-0225-003. This is a rare chance to acquire a well-located medical office building significantly below replacement cost in a thriving medical community.

Location Insight

City

Sacramento

County

Sacramento

State

California

Longitude

-121.387

Latitude

38.5993

CBSA code

40900

CBSA name

SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments