Please do not disturb Tenants. 2818 E St is located in the Marshall School neighborhood in Midtown Sacramento bordering the New Era Park and East Sac neighborhoods; with a Walk Score of 85. Comprised of 6 Units: 2- Studios, 2- 1BR/1BA, and 2- 2BR/1BA units. The lot faces E St. and has a secure six space parking lot that is accessible from a parallel through alley that runs along the back of the lot (Eggplant Alley). It is important to note that lots with alley access are scarce and highly desirable due to increased parking and land space. All units are currently occupied and are generating approximately $8,385 in total monthly rental income, allowing room to capitalize on increasing rents in the area. Sacramento rents have grown by 12% year-over-year surpassing an average of $1,700 (10% above the national average). Downtown Sacramento, especially the Midtown Sacramento submarket is seeing unprecedented demand and rent growth.
Closed
$1,215,000
2818 E St, Sacramento, CA 95816
6beds
7,512sqft
5 or More Units
Built in 1912
-- sqft lot
$1,062,300 Zestimate®
$162/sqft
$2,974 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: April 12, 2023 at 12:43pm
Listed by:
Aleksandr Vasiliu,
Banyan Properties
Bought with:
Non-MLS Office
Source: MetroList Services of CA,MLS#: 222111299Originating MLS: MetroList Services, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Wall Furnace
Cooling
- Window Unit(s)
Features
- Flooring: Carpet, Tile, Laminate
- Has fireplace: No
Interior area
- Total interior livable area: 7,512 sqft
Property
Parking
- Total spaces: 6
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Stories: 3
Lot
- Size: 6,534 sqft
Details
- Zoning description: R-4-SPD
- Special conditions: Offer As Is
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5 or More Units
Materials
- Lap Siding, Wood, Wood Siding
Condition
- Year built: 1912
Community & neighborhood
Location
- Region: Sacramento
Services availability
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Estimated market value
$1,062,300