5921 Belleview Ave Sacramento, CA 95824-2182
Property profile & analytics
5921 Belleview Ave Sacramento, CA 95824-2182
- Garden apartment buildings
- 6,530 SF
- 0.63 lot acres
Property ID
US09-2603724
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
- Garden apartment buildings
Property Details for 5921 Belleview Ave
- Year built
- 1989
- Construction
- WOOD
- Lot size
- 0.63 lot acres
- Property size
- 6,530 SF
- Zone code
- R-1
- Property type
- Garden apartment buildings
- APN
- 027-0313-002-0000
- APU
- 2703130020000
Description
This exceptional investment opportunity presents ten single-family homes situated on two parcels at 5921-5931 Belleview Ave, Sacramento, CA 95824. Built between 1991 and 1992, each unit offers three bedrooms and one and a half bathrooms, complemented by private fenced yards and single-car garages. Modern amenities include central air conditioning, gas heating, and individual gas and electric metering. The property boasts a total of 13,060 square feet, with 30 parking spaces. Currently operating at 100% occupancy, the property generates a Net Operating Income (NOI) of $149,247, with a pro-forma NOI projected at $188,805, resulting in a pro-forma cap rate of 6.30%. The asking price is $2,995,000, translating to $299,500 per unit and $229.33 per square foot. Zoned R-1, this property presents a compelling value-add opportunity. Recent updates to approximately half of the units, coupled with a recent rental of $2300, establishes a strong foundation for future income growth. The potential for individual water metering and condo-mapping further enhances the long-term investment potential. This property is offered as a 1031 exchange opportunity. Located in a desirable South Sacramento neighborhood, this portfolio offers a blend of immediate cash flow and significant upside potential. The property is comprised of ten units, each with washer/dryer hookups.
Value Estimations
based on Realmo’s proprietary methodology
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Sacramento
- County
- Sacramento
- State
- California
- Longitude
- -121.419
- Latitude
- 38.5194
- 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
$4,918
$39,123
$313,081
$352,204
-
$0.00
$0.00
$0.00
