605 West El Camino Avenue
- 3 Miles from Downtown/Midtown
- Electrical Panels Recently Replaced
- Newly Gated Single Level Building
- Dual Pane Windows & Pitch Composition Roof
- Close Proximity to Employment Centers and Major Transportation Corridors
- Efficient Unit Layouts with Functional Living Space
- Existing On-Site Laundry Room Not In Operation Provides Immediate Opportunity for Ancillary Income Growth
Property Description
Mejia Realty Group at eXp Commercial is pleased to present the opportunity to acquire 605 W El Camino Ave, a six-unit multifamily investment property located in North Sacramento, California. Built in 1956, this well-maintained apartment community offers investors stable in-place income, recent capital improvements, and future upside potential in a consistently performing rental submarket. The property consists of six (6) one-bedroom, one-bathroom units, each approximately 500 square feet (Buyer to verify). The efficient floorplans cater to workforce and entry-level renters seeking affordability and functional living space. Recent ownership has completed replacement of the electrical panels, significantly reducing near-term capital expenditure requirements, improving building safety, and enhancing the property’s insurability in California’s evolving multifamily insurance environment. The property has also been recently gated, improving security and tenant privacy, and features dual-pane windows that enhance energy efficiency and interior comfort. Additionally, the asset includes a dedicated on-site laundry room that is not currently in operation, presenting a straightforward opportunity for a new owner to activate an additional ancillary income stream with minimal capital investment. Constructed with durable mid-century materials, the property features simple, functional unit layouts and a low-maintenance building profile. With continued rental growth in the Sacramento market and limited new supply of comparable affordable rental housing, the asset presents a compelling opportunity for investors seeking steady cash flow with long-term appreciation potential. This offering provides an attractive entry point into one of Northern California’s most active multifamily investment markets.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $839,000 |
| No. of Units: | 6 |
| Year Built: | 1956 |
| Lot Size: | 0.24 Acres |
| Opportunity Zone: | No |
| Price per unit: | $139,833 |
| Property Website | Click Here |
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