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815 18th St 4 Unit Apartment Building $1,180,000 ($295,000/Unit) 4.91% Cap Rate Sacramento, CA 95811

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INVESTMENT HIGHLIGHTS

Desirable Unit Mix: (3) Two-Bedroom, One-Bathroom and (1) One-Bedroom, One-Bathroom Floor Plans.
Prime Midtown Location – Walking Distance to Top Restaurants, Bars, Hospitals, and Golden 1 Center.
Recent Improvements Include; New Electrical Sub-Panels Throughout and Fresh Exterior Paint.

Large Floor Plans Featuring High Ceilings, Spacious Living/Dining Areas, Central HVAC, Dishwashers, and Open Kitchens With Wood Burning Fireplaces.
Off-Street Parking, Private Fenced Patios or Balconies, Shared On-Site laundry, and One Single Car Garage.

EXECUTIVE SUMMARY

ALIVE Commercial Real Estate is proud to present 815 18th Street — a charming four-unit multifamily opportunity ideally positioned in the heart of Midtown Sacramento’s highly desirable Boulevard Park neighborhood. The property comprises three spacious two-bedroom, one-bath units and one one-bedroom, one-bath unit, each combining classic Midtown charm with thoughtful modern updates. Residents enjoy off-street parking, private fenced patios or balconies, and convenient access to shared on-site laundry. Perfectly located within walking distance of Sacramento’s best amenities — including renowned restaurants, bars, hospitals, the Golden 1 Center, and the Midtown Farmers Market — 815 18th Street offers tenants an unmatched urban lifestyle in one of the city’s most walkable and vibrant districts. With Sacramento’s strong rental fundamentals and a wide gap between the cost to own and the cost to rent, this property represents a stable, long-term investment in one of the region’s most resilient and supply-constrained multifamily markets.

FINANCIAL SUMMARY (ACTUAL - 2024)	ANNUAL	ANNUAL PER SF
Gross Rental Income	$86,460	$27.31
Other Income	-	-
Vacancy Loss	$1,729	$0.55
Effective Gross Income	$84,731	$26.76
Taxes	-	-
Operating Expenses	-	-
Total Expenses	$26,747	$8.45
Net Operating Income	$57,984	$18.31

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income
Annual	$86,460
Annual Per SF	$27.31

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	$1,729
Annual Per SF	$0.55

Effective Gross Income
Annual	$84,731
Annual Per SF	$26.76

Taxes
Annual	-
Annual Per SF	-

Operating Expenses
Annual	-
Annual Per SF	-

Total Expenses
Annual	$26,747
Annual Per SF	$8.45

Net Operating Income
Annual	$57,984
Annual Per SF	$18.31

PROPERTY FACTS

Price	$1,180,000	Building Class	C
Price Per Unit	$295,000	Lot Size	0.08 AC
Sale Type	Investment	Building Size	3,174 SF
Cap Rate	4.91%	No. Stories	2
No. Units	4	Year Built	1971
Property Type	Multifamily	Parking Ratio	0.95/1,000 SF
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style	Low-Rise
Zoning	R-3A

Price	$1,180,000
Price Per Unit	$295,000
Sale Type	Investment
Cap Rate	4.91%
No. Units	4
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low-Rise
Building Class	C
Lot Size	0.08 AC
Building Size	3,174 SF
No. Stories	2
Year Built	1971
Parking Ratio	0.95/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R-3A