This Multifamily Property is no longer advertised on LoopNet.com.

590 Las Palmas Ave
Sacramento, CA 95815
HUGE Price Reduction | Las Palmas Apartments · Multifamily Property For Sale · 14 Units

Investment Highlights

  • Year One 6.46% CAP Rate Immediately Upon Leasing Current Vacancies.
  • Many of the Units Have Been Upgraded With Granite Countertops, Laminate Flooring and Updated Cabinetry.
  • Recent Capital Improvements Include: Newer 20 Year Roof (2017), Dual Pane Windows (2018) and Exterior Paint (2018).
  • Close Proximity to Arden Fair Mall, Downtown Sacramento and Many of Sacramento's Major Employers.

Property Facts

No. Units 14
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.21 AC
Building Size 7,100 SF
No. Stories 2
Year Built 1960
Parking Ratio 2.54/1,000 SF
Zoning R1, Sacramento

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 13 - 500
2+1 1 - 600

Property Taxes

Property Taxes

Parcel Number
263-0132-010
Land Assessment
$374,544
Improvements Assessment
$1,238,076
Total Assessment
$1,612,620
  • Listing ID: 27662940

  • Date on Market: 2/2/2023

  • Last Updated:

  • Address: 590 Las Palmas Ave, Sacramento, CA 95815

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