501 F St - Apartments FOR SALE


West Sacramento, CA 95605
$495,000 USD
916-303-0133
501 F St, West Sacramento, CA for Sale
$495,000 USD
Apartments - FOR SALE
1/31
null | 5.87% Cap Rate

501 F St
West Sacramento, CA 95605


HIGHLIGHTS

  • Prime Location two blocks from A's MLB stadium & downtown
  • On-Site paved parking
  • Great unit mix with spacious floor plans
  • Each unit is separately metered for electricity and gas
  • Directly in path of continued rejuvenation and development & Near restaurants, cafes, breweries, and essential amenities

OVERVIEW

Investor Special! or Owner-Occupant opportunity to live in the vacant unit and collect rental income from the leased unit. The lower ground floor unit was recently renovated. Has the potential to be a profitable AIRBNB as well. This is a rare opportunity to purchase a Duplex in the booming West Sacramento market just two blocks from Sutter Health Baseball stadium and downtown. The property has been under the same ownership for 20 years! The units are stacked upstairs and downstairs with vintage exterior craftsmanship. The property features sufficient on-site parking, which is rare for any downtown location. This property is ideal to be held for future development since the area is being completely revitalized. This Duplex is comprised of an upstairs 2B/1B unit; +/-1,083 SF; $1,125 Rent and a downstairs 3B/1 B; 1,083 SF is Vacant . The units are separately metered for electricity and gas, paid for directly by the tenants. The units also feature separate water heaters plus W/D hook-ups. The owner pays for water, sewer, garbage, maintenance, and repairs. Prime Location, Location, Location! This Duplex is in the path of development just two blocks from Sutter Health Baseball stadium and the iconic Tower Bridge which connects into the heart of Downtown Sac, along with 5th street which features extensive street improvements plus newer townhomes and apartments. The area features essential commercial amenities, breweries (Drake’s), restaurants plus nearby River Walk Park for exercising, running, and biking trails. The property is 2 blocks from the MLB Baseball Stadium (Sutter Field) which is now home to the Major League Baseball ‘Athletics’ for the next three years which will bring even more investment capital to the region plus housing will be in high demand for their staff & employees. West Sacramento has experienced tremendous growth which has rejuvenated the area. The region features major employers such as FED EX, Amazon, Raley’s and is a few minutes from CalSTRs, Sutter Health Regional Hospital, and the State of CA offices amongst many other employers.

FOR SALE DETAILS

PRICE

$495,000 USD

PRICE/SF

$229 USD /SF

# OF UNITS

2

PRICE/UNIT

$247,500

CAP RATE

5.87%

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Prime Location Duplex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1904

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

R-3

APN/PARCEL ID

010-465-016-000

ASK ABOUT THIS PROPERTY

Adrian Del RioPCG CommercialMore Info
916-303-0133

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Adrian Del RioPCG CommercialMore Info
916-303-0133

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