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1517 17th St 13 Unit Apartment Building $2,388,000 ($183,692/Unit) 5.49% Cap Rate Sacramento, CA 95811
Investment Highlights
- • Stabilized cash flow with value-add potential
- • Fully upgraded building systems and interiors
- • Additional income upside through RUBS or rental rate adjustments
- • Modern, well-appointed units in an A+ urban core
- • High-demand rental location with strong tenant appeal
Property Facts
| Price | $2,388,000 | Property Subtype | Apartment |
| Price Per Unit | $183,692 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 5.49% | Lot Size | 0.07 AC |
| Gross Rent Multiplier | 11.28 | Building Size | 5,362 SF |
| No. Units | 13 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1923 |
| Zoning | R-3A-SPD | ||
| Price | $2,388,000 |
| Price Per Unit | $183,692 |
| Sale Type | Investment |
| Cap Rate | 5.49% |
| Gross Rent Multiplier | 11.28 |
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 5,362 SF |
| No. Stories | 2 |
| Year Built | 1923 |
| Zoning | R-3A-SPD |
Amenities
Unit Amenities
- Heating
- Refrigerator
- Range
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 10 | $1,288 | 425 |
| 1+1 | 2 | $1,575 | 525 |
| 1+1.5 | 1 | $1,700 | 625 |
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Walk Score®
Walker's Paradise (96)
Bike Score®
Biker's Paradise (99)
Property Taxes
| Parcel Number | 006-0236-019 | Improvements Assessment | $1,050,000 |
| Land Assessment | $300,000 | Total Assessment | $1,350,000 |
Property Taxes
Parcel Number
006-0236-019
Land Assessment
$300,000
Improvements Assessment
$1,050,000
Total Assessment
$1,350,000
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1517 17th St
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