704 20th St Sacramento, CA 95811-1780
Property profile & analytics
704 20th St Sacramento, CA 95811-1780
- Apartment buildings
- 5,886 SF
- 0.07 lot acres
Property ID
US09-2057442
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 704 20th St
- Year built
- 1910
- Construction
- WOOD
- Lot size
- 0.07 lot acres
- Property size
- 5,886 SF
- Zone code
- C-2-SPD
- Property type
- Apartment buildings
- APN
- 003-0174-010-0000
- APU
- 301740100000
Description
This exceptional investment opportunity presents a meticulously maintained six-unit apartment building situated in the vibrant Midtown Sacramento neighborhood. The property, boasting a desirable location, comprises a charming three-story Victorian-style structure built in 1910 on a 0.07-acre lot, offering a total of 5,886 square feet of living space. The building features a mix of three spacious one-bedroom/one-bathroom units and three equally spacious two-bedroom/two-bathroom units, each approximately 1,000 square feet. Significant updates have been implemented throughout the years, including a complete overhaul of the plumbing and electrical systems within the last 15 years. Modern conveniences such as hardwood or laminate flooring, tile countertops, freshly painted kitchen cabinets, vintage wooden windows, recessed lighting, in-unit washers and dryers, and ceiling fans enhance the appeal of each unit. Four units enjoy central heating and air conditioning, while the remaining two have wall units. The current owner covers water, sewer, and garbage expenses, while tenants are responsible for their gas and electricity. A Ratio Utility Billing System (RUBS) could be implemented to potentially offset these costs, a common practice in California, adding approximately $25-75 per unit monthly. The property offers a strong 6.25% cap rate with a Net Operating Income (NOI) of $81,246, and is listed at $1,300,000 ($216,667 per unit). Additional features include a pitched composition roof, redwood siding, common area patios, and individual water heaters for each unit. This property presents a rare blend of historic character and modern updates, making it an attractive investment in a thriving Sacramento location. The permitted zoning is C-2-SPD, and the Assessor's Parcel Number (APN) is 003-0174-010.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $380,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $612,000
- AI Estimate
- $527,000
Market price range: $613k - $2.24MMarket price range: $527k - $987k
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Sacramento
- County
- Sacramento
- State
- California
- Longitude
- -121.479
- Latitude
- 38.5798
- 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
$4,408
$62,455
$208,885
$271,340
-
$0.00
$0.00
$0.00
