2818 E St.
2818 E St.
2818 E St.
2818 E St.
2818 E St.
2818 E St.
2818 E St.
2818 E St.
2818 E St.
2818 E St.
2818 E St.
2818 E St.
2818 E St.
2818 E St.
2818 E St.
2818 E St.
2818 E St.
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$1,215,000

2818 E St.

6 Beds 6 Baths

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.

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Location

2818 E St., Sacramento, CA 95816

Status

Sold
Alek Vasiliu

Alek Vasiliu

TITLE

Associate

Property Amenities

Interior
Flooring Carpet, Laminate, Tile
Total Bedrooms: 6
Full Bathrooms: 6
Area & Lot
Lot Area 6,534 Sq.Ft.
MLS® ID 222111299
Year Built 1912
School District Sacramento
High School Sacramento Unified
Elementary School Sacramento Unified
Type Multi-Family
Status Sold
Exterior
Stories 3
Air conditioning Window Unit(s)
Water Source Public
Sewer Public Sewer
Finance
Sales Price $1,215,000

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