3142 Edison Ave - Apartments FOR SALE


Sacramento, CA 95821- Outer Arden-Arcade
$1,950,000 USD
916-769-5299
3142 Edison Ave, Sacramento, CA for Sale
$1,950,000 USD
Apartments - FOR SALE
1/17
null | 5.85% Cap Rate

3142 Edison Ave
Sacramento, CA 95821
Outer Arden-Arcade


HIGHLIGHTS

  • No Deferred Maitanence
  • Value Add
  • SB-721 Compliance
  • New Electrical Panels

OVERVIEW

3142 Edison Ave, Sacramento, CA This 15-unit multifamily property presents an outstanding value-add opportunity for investors looking to maximize cash flow and equity appreciation in one of Sacramento’s steady rental markets. The property consists of 14 spacious 1 bed / 1 bath units (~650 sq. ft. each) and 1 large 3 bed / 1 bath unit, offering an ideal unit mix for long-term tenant retention. Located in a well-established residential neighborhood surrounded by single-family homes, the property benefits from a desirable, low-density setting while still being close to key employment centers, retail hubs, and public transportation. Tenants enjoy easy access to shopping, dining, and major freeways, making this an attractive rental option in the Sacramento market.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$191 USD /SF

# OF UNITS

15

PRICE/UNIT

$130,000

CAP RATE

5.85%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Edison Manor

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,252 SF

ZONING

RD30, Sacto County

APN/PARCEL ID

254-0172-003

ASK ABOUT THIS PROPERTY

Elon HarmonCorcoran Icon PropertiesMore Info
916-769-5299

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Elon HarmonCorcoran Icon PropertiesMore Info
916-769-5299

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