3441-3445 Altos Ave - Apartments FOR SALE


Sacramento, CA 95838- Hagginwood
$1,400,000 USD
916-224-9808
3441-3445 Altos Ave, Sacramento, CA for Sale
$1,400,000 USD
Apartments - FOR SALE
1/25
null | Request Cap Rate

3441-3445 Altos Ave
Sacramento, CA 95838
Hagginwood


HIGHLIGHTS

  • Single Story construction
  • Two adjacent parcels
  • Ample Parking
  • Pitched roof
  • Secured gated entrance
  • Laundry on-site

OVERVIEW

Two matching single-story fourplexes, situated on separate parcels and offered together, in the growing North Sacramento submarket. Built in 1973, each building consists of 1-bedroom/1-bath units, with a combined total of 3,960 square feet of rentable living space. 3441 Altos Ave generates $4,210 per month, while 3445 Altos Ave brings in $3,595, for a total monthly income of $7,805. There is strong upside potential through rent increases, with average market rents in the area around $1,350 per unit, offering a clear value-add opportunity. The buildings face each other and share a front yard enclosed by iron fencing, creating a private, community-style setting. Both properties also offer off-street parking. Located in a quiet residential neighborhood surrounded by single-family homes and directly across from the Altos Greenbelt Parkway, with convenient access to walking and biking trails.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$350 USD /SF

# OF UNITS

8

PRICE/UNIT

$175,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

R-1A-SPD

APN/PARCEL ID

250-0210-018,250-0210-019

ASK ABOUT THIS PROPERTY

Aaron FrederickColliersMore Info
916-224-9808

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Aaron FrederickColliersMore Info
916-224-9808

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.