For Sale
$2,700,000

3333 W StSacramento, CA 95817

16-Unit Multifamily Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 16-unit apartment building, located in Sacramento's desirable Midtown area, presents a compelling investment opportunity. Boasting 12,632 square feet on a 0.29-acre lot, the property features a mix of one, two, and three-bedroom units, with plans underway for a 17th studio unit. Built in 1955 and situated on two stories, the complex has undergone significant recent renovations, including a new roof, gutters, electrical system, panels, and main sewer line. Further upgrades encompass new commercial washers and dryers with both coin and app payment options, an energy-efficient water heater, wall furnaces, security and LED lighting, garbage disposals, smoke and carbon detectors, fresh paint, and keyless entry systems. Security features include 10 exterior surveillance cameras and intercom-access security gates. The property also features a beautifully landscaped courtyard with lighting, statues, and fountains. The asking price is $2,700,000, translating to $213.74 per square foot. The property's APN is 010-0264-004-0000 and is zoned for apartments (APT). This turn-key property offers immediate income potential and significant upside with the planned unit addition.

Property Details for 3333 W St

Property type
Apartment buildings
Square Feet
12,632 SF
Year Built
1955
Stories
2
Lot Size (sq. ft)
12,632 SF
Units
16

Location Insight

City
Sacramento
County
Sacramento
State
California
Latitude
38.5573675
Longitude
-121.4680304
3333 W St, Sacramento, California

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3333 W St
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