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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



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 | Building Class | C |
| Price Per Unit | $283,333 | Lot Size | 0.28 AC |
| Sale Type | Investment | Building Size | 5,046 SF |
| Cap Rate | 5.40% | Average Occupancy | 100% |
| Gross Rent Multiplier | 15.1 | No. Stories | 2 |
| No. Units | 6 | Year Built | 1985 |
| Property Type | Multifamily | Parking Ratio | 1.78/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | R2B, Sacramento - Zoned R-2B, allowing duplexes, small multifamily, ADUs, and potential for additional units or vertical expansion. Buyer to verify with city. | ||
| 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 |
1 1
PROPERTY TAXES
| Parcel Number | 265-0232-003 | Improvements Assessment | $923,100 |
| Land Assessment | $153,000 | Total Assessment | $1,076,100 |
PROPERTY TAXES
Parcel Number
265-0232-003
Land Assessment
$153,000
Improvements Assessment
$923,100
Total Assessment
$1,076,100
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2944 Del Paso Blvd
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