4630 13th Ave - Apartments FOR SALE


Sacramento, CA 95820- Central Oak Park
$425,000 USD
916-730-3846
4630 13th Ave, Sacramento, CA for Sale
$425,000 USD
Apartments - FOR SALE
1/24
null | Request Cap Rate

4630 13th Ave
Sacramento, CA 95820
Central Oak Park


HIGHLIGHTS

  • Roof Just 7 years Old
  • Fenced Lot
  • Huge Rent Value Add Potential

OVERVIEW

Value-Add Duplex with Immediate Cash Flow Upside Here's an outstanding opportunity for investors looking to create equity through rental growth rather than expensive renovations. This centrally located Oak Park duplex features two spacious 2-bedroom, 1-bath units with tenants currently paying just $1,350 per month per unit, despite current market rents averaging approximately $2,037 per month. With a current Gross Rent Multiplier of just 13.11 and an exceptional pro forma GRM of only 8.69 at market rents, this property offers one of the strongest value-add opportunities in today's Sacramento investment market. The current tenants have not received a rent increase in over one year, allowing a new owner the opportunity to implement the maximum allowable rent adjustment immediately after closing while remaining compliant with applicable regulations. The property could benefit from cosmetic improvements, but the major value lies in its substantial rental upside rather than expensive rehabilitation. Investors can choose to improve units over time while increasing cash flow, creating significant long-term appreciation and income potential. Whether you're looking for your next BRRRR-style investment, a long-term cash flow property, or an asset with immediate upside potential, this duplex delivers plenty of "meat on the bone" for the next owner. Directions From Highway 99, exit 14th Avenue and head east. Continue to 46th Street and turn left. Then turn right onto 13th Avenue. The property will be at 4640 13th Ave.

FOR SALE DETAILS

PRICE

$425,000 USD

PRICE/SF

$262 USD /SF

# OF UNITS

2

PRICE/UNIT

$212,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Duplex Huge Rent Value Add!

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

R-1

APN/PARCEL ID

014-0292-006

ASK ABOUT THIS PROPERTY

Ron BenningRon BenningMore Info
916-730-3846

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Ron BenningRon BenningMore Info
916-730-3846

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