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2652 21st Ave 6 Unit Apartment Building $1,753,443 CAD ($292,240 CAD/Unit) 5.65% Cap Rate Sacramento, CA 95820



Investment Highlights
- 2 Single family homes and single story 4-plex on 1 parcel
- Great residential neighborhood surrounded by single family homes
- 5 of the 6 units have been remodeled with market rents
- 2 roofs have been replaced
Executive Summary
2652 21st Ave is a 6 unit apartment building. The property is on a .61 acre lot. The property has 2 stand alone single family homes along with a single story 4-plex all on 1 parcel. Both houses have private fenced yards. 5 of the 6 units have been remodeled with stabilized rents. The property is in a quiet residential area surrounded by single family homes. The gross monthly income is above $10,000.
Financial Summary (Actual - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
| Price | $1,753,443 CAD | Apartment Style | Garden |
| Price Per Unit | $292,240 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.61 AC |
| Cap Rate | 5.65% | Building Size | 5,037 SF |
| Gross Rent Multiplier | 10.8 | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1950/2023 |
| Property Subtype | Apartment | Parking Ratio | 2.38/1,000 SF |
| Zoning | R-1 | ||
| Price | $1,753,443 CAD |
| Price Per Unit | $292,240 CAD |
| Sale Type | Investment |
| Cap Rate | 5.65% |
| Gross Rent Multiplier | 10.8 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.61 AC |
| Building Size | 5,037 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1950/2023 |
| Parking Ratio | 2.38/1,000 SF |
| Zoning | R-1 |
Amenities
Unit Amenities
- Washer/Dryer Hookup
- Ceiling Fans
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $1,929 CAD | 525 - 565 |
| 2+1 | 2 | $2,843 CAD | 1,000 - 1,200 |
1 1
Walk Score®
Very Walkable (79)
Property Taxes
| Parcel Number | 019-0094-009 | Total Assessment | $1,240,338 CAD (2025) |
| Land Assessment | $360,824 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $879,514 CAD (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
019-0094-009
Land Assessment
$360,824 CAD (2025)
Improvements Assessment
$879,514 CAD (2025)
Total Assessment
$1,240,338 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
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2652 21st Ave
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