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This Multifamily Property is no longer advertised on LoopNet.com.

590 Las Palmas Ave
Sacramento, CA 95815

HUGE Price Reduction | Las Palmas Apartments · Multifamily Property For Sale · 14 Units

Investment Highlights

  • Year One 6.46% CAP Rate Immediately Upon Leasing Current Vacancies.
  • Many of the Units Have Been Upgraded With Granite Countertops, Laminate Flooring and Updated Cabinetry.
  • Recent Capital Improvements Include: Newer 20 Year Roof (2017), Dual Pane Windows (2018) and Exterior Paint (2018).
  • Close Proximity to Arden Fair Mall, Downtown Sacramento and Many of Sacramento's Major Employers.

PROPERTY FACTS

No. Units 14
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.21 AC
Building Size 7,100 SF
No. Stories 2
Year Built 1960
Parking Ratio 2.54/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 13 - 500
2+1 1 - 600

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
263-0132-010
Land Assessment
$367,200
Improvements Assessment
$1,213,800
Total Assessment
$1,581,000

zoning

Zoning Code R1, Sacramento
R1, Sacramento
  • Listing ID: 27662940

  • Date on Market: 2/2/2023

  • Last Updated:

  • Address: 590 Las Palmas Ave, Sacramento, CA 95815

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