605 W El Camino Ave 6 Unit Apartment Building $839,000 ($139,833/Unit) 5.75% Cap Rate Sacramento, CA 95833

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http://properties.expcommercial.com/605-west-el-camino-avenue-sacramento-sale
Mejia Realty Group at eXp Commercial is pleased to present the opportunity to acquire 605 W El Camino Ave, a six-unit multifamily investment property located in North Sacramento, California. Built in 1956, this well-maintained apartment community offers investors stable in-place income, recent capital improvements, and future upside potential in a consistently performing rental submarket.  The property consists of six (6) one- bedroom, one- bathroom units, each approximately 500 square feet (Buyer to verify). The efficient floor plans cater to workforce and entry- level renters seeking affordability and functional living space. Recent ownership has completed replacement of the electrical panels, significantly reducing near-term capital expenditure requirements, improving building safety, and enhancing the property’ s insurability in California’ s evolving multifamily insurance environment.  The property has also been recently gated, improving security and tenant privacy, and features dual- pane windows that enhance energy efficiency and interior comfort. Additionally, the asset includes a dedicated on- site laundry room that is not currently in operation, presenting a straightforward opportunity for a new owner to activate an additional ancillary income stream with minimal capital investment.  Constructed with durable mid-century materials, the property features simple, functional unit layouts and a low-maintenance building profile. With continued rental growth in the Sacramento market and limited new supply of comparable affordable rental housing, the asset presents a compelling opportunity for investors seeking steady cash ?ow with long-term appreciation potential. This offering provides an attractive entry point into one of Northern California’ s most active multifamily investment markets.
605 W El Camino Ave is located in the Natomas submarket of Sacramento, a well-established residential corridor with consistent demand for rental housing. The property bene?ts from proximity to major transportation routes, including Interstate 80 and Interstate 5, providing convenient access throughout the greater Sacramento region. Residents enjoy close access to neighborhood retail centers, grocery stores, schools, and everyday services. The surrounding area is supported by Sacramento’s diverse employment base, including healthcare, government, logistics, and regional distribution hubs. This central positioning contributes to stable tenant demand and occupancy. With Sacramento continuing to experience population growth, limited multifamily construction, and rising housing costs, Natomas remains a dependable rental submarket for long-term apartment ownership. The property is well positioned to bene?t from these enduring market fundamentals.
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