2312 H St
Sacramento, CA 95816
PENWELL PLACE · Multifamily Property For Sale
·
5 Units
Investment Highlights
- POSSIBLE DEVELOPMENT OPPORTUNITY
- CLOSE TO RESTAURANTS, SHOPPING AND ENTERTAINMENT
- CLOSE TO MAJOR EMPLOYMENT CENTERS
- HIGHLY DESIRABLE RESIDENTIAL AREA WITHIN THE DOWNTOWN GRID
Property Facts
| No. Units | 5 | Building Size | 3,627 SF |
| Property Type | Multifamily | Average Occupancy | 60% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1880/2021 |
| Building Class | C | Parking Ratio | 1.1/1,000 SF |
| Lot Size | 0.15 AC | ||
| Zoning | R3A, Sacramento - Multi - Unit Dwelling Zone | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 3,627 SF |
| Average Occupancy | 60% |
| No. Stories | 2 |
| Year Built/Renovated | 1880/2021 |
| Parking Ratio | 1.1/1,000 SF |
| Zoning | R3A, Sacramento - Multi - Unit Dwelling Zone |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Storage Space
- Washer/Dryer
- Heating
- Bay Window
- Ceiling Fans
- Tile Floors
- Crown Molding
- Eat-in Kitchen
- Kitchen
- Granite Countertops
- Hardwood Floors
- Vaulted Ceiling
- High Speed Internet Access
- Refrigerator
- Oven
- Sprinkler System
- Range
- Tub/Shower
- Views
- Attic
- Grill
- Breakfast Nook
- Built-In Bookshelves
- Deck
- Den
- Dining Room
- Double Pane Windows
- Family Room
- Freezer
- Garden
- Island Kitchen
- Lawn
- Mother-in-law Unit
- Office
- Patio
- Porch
- Smoke Free
- Vinyl Flooring
Site Amenities
- Laundry Facilities
- Picnic Area
- Pet Play Area
- Putting Greens
- Recycling
- Smoke Free
- Trash Pickup - Curbside
- Vintage Building
- Volleyball Court
- Walking/Biking Trails
- Storage Space
- Bicycle Storage
- Sundeck
About 2312 H ST , SACRAMENTO, CA 95816
THE PENWEL PLACE APARTMENTS WERE ORIGINALLY CONSTRUCTED AS A SINGLE FAMILY RESIDENCE IN 1881. IT IS A ITALIANATE VICTORIAN STYLE THAT HAS WOOD LAP SIDING, COMPOSITION SHINGLE ROOF AND CONSISTS OF THREE LEVELS. THE BUILDING WAS CONVERTED INTO MULTIPLE APARTMENTS UNITS POSSIBLY OVER A 100 YEARS AGO, AND INCLUDE (4+ UNITS). THE PROPERTY HAS BEEN WELL MAINTAINED AND UPDATED THROUGHOUT THE YEARS. POTENTIAL DEVELOPMENT OPPORTUNITIES COULD BE REALIZED WITH EXISTING ENTITLEMENTS (R3A ZONING ALLOWS 5 UNITS ON THIS DEEP LOT. DUE TO AN SOMEWHAT EASY COVERTIABILITY TO A SINGLE FAMILY USE, TRI-PLEX USE, AND/OR ANY OTHER COMBINATION. THERE IS CURRENTLY A FOUR CAR GARAGE LOCATED ON THE REAR PORTION OF THE PROPERTY. THE REAR YARD INCLUDES A COMBINATION OF FLOWER GARDEN, FIRE HYDRANT FOR PUPPY ENJOYMENT, NATURAL AND ARTIFICIAL GRASSES WITH GOLF PUTTING GREENS AND OFFERS A PARK LIKE SETTING FOR TENANT ENJOYMENT
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | $2,100 | 950 |
| 1+1 | 2 | $1,525 | 450 |
| 2+2 | 1 | $1,800 | 950 |
| Studios | 1 | $1,250 | 400 |
Property Taxes
| Parcel Number | 007-0025-003 | Improvements Assessment | $732,233 |
| Land Assessment | $488,155 | Total Assessment | $1,220,388 |
Property Taxes
