3615 22nd St - Apartments FOR SALE


Sacramento, CA 95818- Pocket-Greenhaven
$1,200,000 USD
916-532-7486
3615 22nd St, Sacramento, CA for Sale
$1,200,000 USD
Apartments - FOR SALE
1/4
null | Request Cap Rate

3615 22nd St
Sacramento, CA 95818
Pocket-Greenhaven


HIGHLIGHTS

  • Walking distance to Land Park
  • Unheard of unit mix 3 bed 2.5 bath each side

OVERVIEW

This well-maintained duplex is located in a highly desirable area of Land Park, offering convenient access to shopping, amenities, and nearby freeways, ideal for commuters heading to regional employment centers. The microlocation is particularly appealing, next to Sacramento City College and walking distance to William Land Park. The neighborhood is primarily composed of single-family homes, creating a quiet and residential atmosphere for tenants. The property has been owned and carefully maintained by the same family for decades, with a strong focus on quality and long-term upkeep. For the next investor, there is a clear opportunity to increase rental income, as both units are currently rented below market rates. Tenants enjoy sought-after features, washer/dryer hookups, direct-access garages, and an oversized private backyard. This is a rare chance to acquire a stable, long-held asset in an established neighborhood, with both upside potential and long-term appeal. *****DO NOT DISTURB TENANTS****** Property is available for viewing subject to an accepted offer only. Please do not disturb tenants under any circumstances. Drive by only - interior inspections will be scheduled during escrow. All units are tenant-occupied. Offers must be submitted with proof of funds and/or lender pre-approval. Listing agent does not guarantee accuracy of rent rolls, square footage, or other property details. Buyer to verify all information to their satisfaction

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$353 USD /SF

# OF UNITS

2

PRICE/UNIT

$600,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3615 22nd St

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1948

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

013-0196-022

ASK ABOUT THIS PROPERTY

Kenny McNinchReimer Real EstateMore Info
916-532-7486

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Kenny McNinchReimer Real EstateMore Info
916-532-7486

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