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$120,000 Unit | 7.90% CAP | $350,000 CAPEX 3723 Jasmine St 10 Unit Apartment Building $1,674,240 CAD ($167,424 CAD/Unit) 7.90% Cap Rate Sacramento, CA 95838

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INVESTMENT HIGHLIGHTS

  • Stabilized Opportunity: Well-maintained 10-unit asset
  • Prime Location: Centrally located near dining, shopping, and transit in East Del Paso Heights
  • RUBS Potential: Add utility billing for water, sewer, and garbage to boost NOI
  • Unit Mix: Eight studios and two one-bed units appealing to diverse renters
  • No Deferred Maintenance | Roughly $350,000 in CAPEX 2023-2025
  • Convenient Parking: On-site and ample street parking for residents and guests

EXECUTIVE SUMMARY

Catalyst Commercial Partners is pleased present 3723 Jasmine St in Sacramento which provides investors an excellent opportunity to own a well-maintained multifamily asset on Jasmine Street. Situated in a Class C+ neighborhood within East Del Paso Heights, the property presents a compelling Stabilized opportunity for investors seeking to increase cash flow and achieve long-term appreciation. With strong tenant demand and a solid rental foundation, the asset is well-positioned for a pure cashflow opportunity.
Featuring ten total units, including eight studios and two one-bedroom, one-bathroom units, the property offers a diverse and efficient unit mix that appeals to a wide range of tenants. It is ideally located in the heart of East Del Paso Heights, providing residents with convenient access to nearby dining, shopping, and transit options. The building has been Extensively Renovated, ensuring long-term structural integrity and strong curb appeal, while on-site and ample street parking further add to its accessibility and tenant convenience.
There is also strong potential for RUBS (Ratio Utility Billing System) implementation, allowing the new owner to bill tenants for utilities such as water, sewer, and garbage, thereby improving the property’s net operating income (NOI). Additionally, the property benefits from minimal ongoing maintenance due to recent renovations and upgrades. Long-term tenants have maintained their units well, and with no deferred maintenance under the current ownership, the asset provides a turnkey investment opportunity with stable cash flow and clear upside potential through strategic management and rent optimization.
Please contact Elon Harmon for marketing package.
(916)-769-5299

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
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 $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
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

Price $1,674,240 CAD
Price Per Unit $167,424 CAD
Sale Type Investment
Cap Rate 7.90%
Gross Rent Multiplier 8.89
No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.28 AC
Building Size 10,000 SF
Average Occupancy 100%
No. Stories 1
Year Built 1948
Parking Ratio 2.5/1,000 SF
Zoning R-1 - Low density residential

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Heating
  • Ceiling Fans
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Tub/Shower
  • Carpet
  • Large Bedrooms

SITE AMENITIES

  • 24 Hour Access

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 8 - 380 - 400
1+1 2 - 380 - 400
Walk Score®
Very Walkable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
252-0112-003
Land Assessment
$396,361 CAD (2025)
Improvements Assessment
$851,443 CAD (2025)
Total Assessment
$1,247,804 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
  • Listing ID: 38058960

  • Date on Market: 2025-10-13

  • Last Updated:

  • Address: 3723 Jasmine St, Sacramento, CA 95838

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