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Active
2818 E St. Sacramento, CA 95816
$1,299,000

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Tai Le

Tai Le

BANYAN PROPERTIES

Property Description

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.

Property Details & Features

Property Type

  • 5 Or More Units

Schools

  • Sacramento

Listing

  • Source: Metrolist

House

  • Built in 1912
  • 3 Stories
  • Lap Siding
  • Wood
  • Wood Siding

Floors

  • Carpet
  • Tile
  • Laminate

Heating

  • Wall Furnace

Location

  • Area: 10816
  • County: Sacramento

Lot

  • 0.15 Acres

Property

  • 6 Total Leasable Units
  • 2 Studio Units

Schools

  • School County: Sacramento
  • School Name 1: Sacramento Unified
  • School Name 2: Sacramento Unified
  • School Name 3: Sacramento Unified

This data up-to-date as of September 30, 2022 7:40AM.

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