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2711 I Street

Sacramento, CA 95816
  • $1,600,000
  • STATUS: Active
  • ON SITE: 191 Days
  • MLS #: NDP2408879
UPDATED: 38 min ago
$1,600,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1920
County:

School Ratings & Info

Listing Agent(s): Denise Cook of Century 21 Masters (800-463-0977)


Description

Exceptional Midtown Sacramento Investment Opportunity. Annual Income $114,400; Cap Rate 4.2%, GRM 7.2. A 5-unit complex in a highly sought-after area - Midtown Sacramento. This landmark property is in central location, away from freeway noise and overpass traffic. Along with leased five 1 bed/1 bath units the property has a converted 3-car garage storage/studio spaces, potential opportunity for extra income. Exterior recently painted and units updated dual pane windows, tankless water heaters, new fixtures and paint. Beautiful fountain in front and serene pond in back. Very maintained property, prior owner was on site landlord. A must see.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-20T10:32:33.427. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/156581959
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2711 I Street Sacramento, CA 95816

  • Price: $1,600,000
  • Status: Active
  • On Site: 191 Days
  • Updated: 38 min ago
  • MLS #: NDP2408879
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1920
Built
Neighborhood:
SCTO - Sacramento
County:
Sacramento
Area:
SCTO - Sacramento
Property Description
Exceptional Midtown Sacramento Investment Opportunity. Annual Income $114,400; Cap Rate 4.2%, GRM 7.2. A 5-unit complex in a highly sought-after area - Midtown Sacramento. This landmark property is in central location, away from freeway noise and overpass traffic. Along with leased five 1 bed/1 bath units the property has a converted 3-car garage storage/studio spaces, potential opportunity for extra income. Exterior recently painted and units updated dual pane windows, tankless water heaters, new fixtures and paint. Beautiful fountain in front and serene pond in back. Very maintained property, prior owner was on site landlord. A must see.
Exterior Features

Architectural Style Victorian Carport Spaces 0 Entry Level 1 Entry Location 1 Lot Features Front YardGardenLandscapedNear ParkNear Public Transit Number Of Separate Electric Meters 4 Open Parking Spaces 0 Other Structures Storage Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes Spa YN No View YN No

Interior Features

Appliances DishwasherGas CookingDisposalRefrigeratorTankless Water Heater Common Walls 1 Common Wall Cooling Central Air Cooling YN Yes Fireplace YN No Heating YN No Window Features Double Pane Windows

Property Features

Association Fee 0 Association YN No Cable Tv Expense 3500 Cap Rate 4.2 Common Interest None Community Features Storm Drain(s)Street LightsSidewalksPark Electric Expense 3500 Fuel Expense 3000 Garage YN No Gross Income 114400 Gross Scheduled Income 11440 Insurance Expense 6600 Land Lease YN No Laundry Features Common AreaInside Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional1031 Exchange Net Operating Income 77600 New Construction YN No New Taxes Expense 16600 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 5 Operating Expense 36800 Rent Control YN No Senior Community YN No Special Listing Conditions Trust Total Actual Rent 114400 Trash Expense 3000 Vacancy Allowance 3200 Vacancy Allowance Rate 3 Water Sewer Expense 3000 Zoning R-3A-SPD



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-20T10:32:33.427. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Denise Cook of Century 21 Masters (800-463-0977)