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815 18th St 4 Unit Apartment Building $1,646,336 CAD ($411,584 CAD/Unit) 4.91% Cap Rate Sacramento, CA 95811

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INVESTMENT HIGHLIGHTS

Desirable Unit Mix: (3) Two-Bedroom, One-Bathroom and (1) One-Bedroom, One-Bathroom Floor Plans.
Prime Midtown Location – Walking Distance to Top Restaurants, Bars, Hospitals, and Golden 1 Center.
Recent Improvements Include; New Electrical Sub-Panels Throughout and Fresh Exterior Paint.

Large Floor Plans Featuring High Ceilings, Spacious Living/Dining Areas, Central HVAC, Dishwashers, and Open Kitchens With Wood Burning Fireplaces.
Off-Street Parking, Private Fenced Patios or Balconies, Shared On-Site laundry, and One Single Car Garage.

EXECUTIVE SUMMARY

ALIVE Commercial Real Estate is proud to present 815 18th Street — a charming four-unit multifamily opportunity ideally positioned in the heart of Midtown Sacramento’s highly desirable Boulevard Park neighborhood. The property comprises three spacious two-bedroom, one-bath units and one one-bedroom, one-bath unit, each combining classic Midtown charm with thoughtful modern updates. Residents enjoy off-street parking, private fenced patios or balconies, and convenient access to shared on-site laundry. Perfectly located within walking distance of Sacramento’s best amenities — including renowned restaurants, bars, hospitals, the Golden 1 Center, and the Midtown Farmers Market — 815 18th Street offers tenants an unmatched urban lifestyle in one of the city’s most walkable and vibrant districts. With Sacramento’s strong rental fundamentals and a wide gap between the cost to own and the cost to rent, this property represents a stable, long-term investment in one of the region’s most resilient and supply-constrained multifamily markets.

FINANCIAL SUMMARY (ACTUAL - 2024)	ANNUAL (CAD)	ANNUAL PER SF (CAD)
Gross Rental Income	$120,629	$38.10
Other Income	-	-
Vacancy Loss	$2,412	$0.76
Effective Gross Income	$118,217	$37.34
Taxes	-	-
Operating Expenses	-	-
Total Expenses	$37,317	$11.79
Net Operating Income	$80,899	$25.55

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income (CAD)
Annual	$120,629
Annual Per SF	$38.10

Other Income (CAD)
Annual	-
Annual Per SF	-

Vacancy Loss (CAD)
Annual	$2,412
Annual Per SF	$0.76

Effective Gross Income (CAD)
Annual	$118,217
Annual Per SF	$37.34

Taxes (CAD)
Annual	-
Annual Per SF	-

Operating Expenses (CAD)
Annual	-
Annual Per SF	-

Total Expenses (CAD)
Annual	$37,317
Annual Per SF	$11.79

Net Operating Income (CAD)
Annual	$80,899
Annual Per SF	$25.55

PROPERTY FACTS

Price	$1,646,336 CAD	Building Class	C
Price Per Unit	$411,584 CAD	Lot Size	0.08 AC
Sale Type	Investment	Building Size	3,174 SF
Cap Rate	4.91%	No. Stories	2
No. Units	4	Year Built	1971
Property Type	Multifamily	Parking Ratio	0.95/1,000 SF
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style	Low-Rise
Zoning	R-3A

Price	$1,646,336 CAD
Price Per Unit	$411,584 CAD
Sale Type	Investment
Cap Rate	4.91%
No. Units	4
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low-Rise
Building Class	C
Lot Size	0.08 AC
Building Size	3,174 SF
No. Stories	2
Year Built	1971
Parking Ratio	0.95/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R-3A