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$1,405,000
7,000 SqFt. 226090166 MLS
Northrop Arms, an eight-unit apartment community located at 2520 Northrop Avenue in Sacramento, California. Situated in the desirable south Arden-Arcade submarket, the property offers investors a well-maintained asset with an attractive unit mix, proven rental upside, and additional rental income through a stratetgic renovation program. Built in 1969, Northrop Arms consists of eight spacious apartment homes featuring an efficient mix of two one-bedroom/one-bathroom units approximately 650 square feet each and six two-bedroom/one-bathroom units approximately 850 square feet each. The larger than average floor plans appeal to a large resident base and broad demographic. Current ownership has completed selective interior renovations throughout the property. Upgraded units feature luxury vinyl plank flooring, granite countertops, refreshed cabinetry, and modern finishes, providing an attractive living environment while allowing a new owner the opportunity to continue renovating the remaining units and capture additional rental upside over time. Northrop Arms enjoys an exceptional south Arden Arcade location with immediate access to major transportation corridors, placing residents within minutes of Sacramento State University, Cal Expo, Kaiser Permanente, Downtown Sacramento, and many of Sacramento's largest employment centers. Northrop Arms represents an excellent opportunity to acquire a stable, well-located apartment community with a desirable unit mix, meaningful value-add potential through continued unit renovations, and strong long-term fundamentals in one of Sacramento's most established rental markets.

2520 Northrop Avenue, Sacramento

Listing courtesy of Marcus & Millichap Real Estate.

$900,000
3,688 SqFt. 226087911 MLS
3701 Morse Ave is well-maintained 6 unit apartment building located in Sacramento's Arden/Arcade submarket. The property consists exclusively of two-bedroom, one-bathroom units, each approximately 634 square feet. Over time, the units have been thoughtfully updated with modern cabinetry, countertops, appliances, and bathroom vanities. Wood laminate flooring has been installed throughout the living areas and bathrooms, while the bedrooms feature carpet flooring. Each kitchen is equipped with an electric range, refrigerator, dishwasher, and garbage disposal. Units are serviced by individual wall-mounted heating and air conditioning systems, and residents are responsible for all utilities within their units. Property amenities include on-site laundry facilities and off-street parking for residents. The property has also benefited from several recent capital improvements. The central water heater was replaced in 2025, and a new roof was installed approximately two years ago. Additionally, all electrical subpanels have been upgraded with Arc-Fault and Tamper-Resistant circuit breakers.

3701 Morse Avenue, Sacramento

Listing courtesy of North Coast Commercial, Inc..

$1,995,000
7,191 SqFt. 226079708 MLS
Massive opportunity to be the new owner The Villanova Garden Apartments! 100% occupied, Arden-Arcade 8-plex building. The property offers (8) two-bedroom, one-bathroom units, each unit is ~891 sq ft, and a total of ~7191sq ft on a ~.35acre lot. 6 of 8 units have been remodeled within the last 10 years. Updates to the remodeled units include new kitchens and bathrooms, counters and cabinets, tub and shower, a stand alone gas range w/ventilation, refrigerator/freezer, dishwasher, garbage disposal, all new flooring (tile, laminate, carpet, LVP). Additional features of the property include: Each unit/tenant has ceiling fans in bedrooms, living room, and dining area, central HVAC, a complete roof replacement with 3 custom skylights for rain protection in 2017. This property offers 2 assigned parking spaces per unit. The property's location allows a short commute to major employment centers and local amenities including: UC Davis Medical Center, Sutter Medical Center, Sacramento State, Cal Expo, Arden Fair Mall, The Pavilions, Loehmanns Plaza, Sutter Health Park, Golden 1 Center, and more! The rental market supports a higher gross rent. The new owner can bump rents day 1.

2312 Villanova Circle, Sacramento

Listing courtesy of Cobalt Real Estate.

$435,000
1,386 SqFt. 226065472 MLS
New listing for an attractive 1,386-square-foot, 3-bedroom, 2-bath halfplex unit located on a quiet cul-de-sac. This property is an excellent opportunity for an investor, given the existing tenant, or for a first-time homeowner once the lease expires. The home features a charming kitchen with updated colors, fresh interior paint, and new premium LVP flooring throughout. The spacious living room includes high ceilings and a cozy fireplace, complemented by a separate dining area and a dedicated indoor laundry closet with a washer and dryer. Because of the current tenant, the refrigerator is also included. Outside, the large backyard includes two separate entry points, making it ideal for entertaining. Additionally, the property features a spacious two-car garage providing ample parking and storage. Please let me know if you have any questions or if you would like to schedule a viewing.

5922 Garwood Court, Sacramento

Listing courtesy of Bruce Mills Realtor Inc..

$1,250,000
3,684 SqFt. 226054893 MLS
Prime investment in the San Juan School District: two fully renovated 4-unit buildings at 5364 & 5372 Garfield Ave in Sacramento (both properties to be purchased together, separate listings, total price is 3M, cap rate is 4.7%). Set in a quiet area near Carmichael, this property offers quality living spaces designed with low maintenance in mind - ideal for attracting high-quality tenants. Each unit was remodeled in 2022, featuring durable Anlin windows, vinyl plank floors, marble kitchen backsplashes, and top appliances. Newer roof. The property includes one spacious 3-bedroom (1,250 sf), 2-bath unit with in-unit laundry and seven 2-bedroom, 1-bath units, each with a large balcony or fenced patio. Bathrooms were redone with Moen fixtures, Kohler cast iron tubs, quartz counters, and durable tile for a clean, modern look. The landscaped grounds include river rocks, olive and lemon trees, and synthetic grass for easy upkeep. The property generates a steady overall monthly income of $16,945, with a 4.7% cap rate and high tenant satisfaction. All tenants recently renewed their leases. Conveniently located near parks, schools, shopping, and dining, this 8-unit complex combines modern amenities with a peaceful setting, offering a standout investment in a strong rental market.

5372 Garfield Avenue, Sacramento

Listing courtesy of eXp Realty of California Inc..

$1,350,000
3,900 SqFt. 226054886 MLS
Prime investment in the San Juan School District: two fully renovated 4-unit buildings at 5364 & 5372 Garfield Ave in Sacramento (both properties to be purchased together, separate listings, total price is 3M, cap rate is 4.7%). Set in a quiet area near Carmichael, this property offers quality living spaces designed with low maintenance in mind - ideal for attracting high-quality tenants. Each unit was remodeled in 2022, featuring durable Anlin windows, vinyl plank floors, marble kitchen backsplashes, and top appliances. Newer roof. The property includes one spacious 3-bedroom (1,250 sf), 2-bath unit with in-unit laundry and seven 2-bedroom, 1-bath units, each with a large balcony or fenced patio. Bathrooms were redone with Moen fixtures, Kohler cast iron tubs, quartz counters, and durable tile for a clean, modern look. The landscaped grounds include river rocks, olive and lemon trees, and synthetic grass for easy upkeep. The property generates a steady overall monthly income of $16,945, with a 4.7% cap rate and high tenant satisfaction. All tenants recently renewed their leases. Conveniently located near parks, schools, shopping, and dining, this 8-unit complex combines modern amenities with a peaceful setting, offering a standout investment in a strong rental market.

5364 Garfield Avenue, Sacramento

Listing courtesy of eXp Realty of California Inc..

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