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  • $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

    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.

    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