5641 53Rd St Sacramento, CA 95824
- Commercial real estate
- 1,944 SF
Current Use by Public Records
- Commercial real estate
Property Details for 5641 53Rd St
- Year built
- 1954
- Property size
- 1,944 SF
- Property type
- Commercial real estate
Description
This exceptional four-unit apartment building, located at 5641 53rd Street in Sacramento, CA 95824, presents a compelling investment opportunity. Built in 1954 and extensively renovated in 2021, this property boasts 1,944 square feet on a 6,098 square foot lot (approximately 0.14 acres). The property features excellent visibility and is situated in a densely populated residential area, offering convenient access to Highway 80. Its prime location near the intersection of Fruitridge Road and Stockton Avenue provides easy access to Stockridge Plaza, which offers a variety of restaurants, and is also close to local parks and schools, ranging from elementary to high school. Downtown Sacramento is approximately an 18-minute drive away. Each of the four units offers significant upside potential through increased rents and filling any vacancies. The asking price is $720,000, representing $180,000 per unit and $370.37 per square foot. This property offers a strong return on investment in a thriving California market. The city of Sacramento is known for its diverse economy, including healthcare, technology, and innovation, along with a desirable year-round climate.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sacramento
- County
- Sacramento
- State
- California
- Longitude
- -121.4437208
- Latitude
- 38.5241547
