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2944 Del Paso Blvd 6 Unit Apartment Building $1,699,995 ($283,333/Unit) 5.40% Cap Rate Sacramento, CA 95815

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INVESTMENT HIGHLIGHTS

  • Fully remodeled 6-unit multifamily asset
  • Turnkey, stabilized investment
  • Development & Upside Potential
  • 100% occupied
  • Gated parking
  • Large Lot - Alley Access

EXECUTIVE SUMMARY

Fully Remodeled 6-Unit Multifamily with Huge Upside! Each 2bd/1ba unit (~833 sqft) is upgraded with premium finishes, new HVAC, plumbing, electrical, and designer touches throughout. Fully stabilized with all units leased through 2026-2027 with no vacancies, no downtime, and proven rental demand. Grossing $12,655/mo with laundry income and strong 5.40% cap rate based on actuals. Gated parking for 9 cars plus alley access and a large front setback ideal for ADUs or future units (C-2 zoning, buyer to verify). Rare chance to own a clean, turnkey asset with major development potential in a fast-growing corridor near downtown and light rail. Zero headaches, just cash flow and upside. Don't miss this one!

FINANCIAL SUMMARY (ACTUAL - 2025)

ANNUAL ANNUAL PER SF
Gross Rental Income $112,655 $22.33
Other Income - -
Vacancy Loss - -
Effective Gross Income $112,655 $22.33
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2025)

Gross Rental Income
Annual $112,655
Annual Per SF $22.33
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $112,655
Annual Per SF $22.33
Net Operating Income
Annual -
Annual Per SF -

PROPERTY FACTS

Price $1,699,995
Price Per Unit $283,333
Sale Type Investment
Cap Rate 5.40%
Gross Rent Multiplier 15.1
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.28 AC
Building Size 5,046 SF
Average Occupancy 100%
No. Stories 2
Year Built 1985
Parking Ratio 1.78/1,000 SF
Opportunity Zone Yes
Zoning R2B, Sacramento - Zoned R-2B, allowing duplexes, small multifamily, ADUs, and potential for additional units or vertical expansion. Buyer to verify with city.

AMENITIES

UNIT AMENITIES

  • Air Conditioning

SITE AMENITIES

  • Laundry Facilities

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 6 - 800 - 841

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
265-0232-003
Land Assessment
$153,000
Improvements Assessment
$923,100
Total Assessment
$1,076,100
  • Listing ID: 39230315

  • Date on Market: 1/27/2026

  • Last Updated:

  • Address: 2944 Del Paso Blvd, Sacramento, CA 95815

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