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2618 Forrest Street, Sacramento, CA 95815

2618 Forrest Street, Sacramento, Sacramento, CA, 95815
3 months ago
Views: 26

$745,000(Negotiable)

Overview

926937

Type

5 or More Units

Parking

Sqft

3800

Build Year

1946

Purpose

For Sale

About This Listing

Forrest Street Apartments, a ﬁve-unit apartment community located in Old North Sacramento. Forrest Street Apartments represents a value-add opportunity to acquire a multifamily asset in an expanding Old North Sacramento submarket. While the complex has been owner-operated, the property has a rental upside through the completion of higher end renovations, and provides room for rental growth upwards of few hundred dollars per month per unit on average. The single level property sits on a spacious lot that is just short of an acre and is made up of three separate buildings with dual pane windows consisting of two duplexes and a cottage house. There are four two- bedroom/ one- bath units approximately 800 square feet with single car garages and a one- bedroom/ one- bath cottage house approximately 600 square feet. All units have been upgraded in various ways throughout the current ownership including replacement of HVAC/ mini split units (select units), water heaters (select units), and laminate ﬂooring (select units).

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MetroList CA data Last Updated: June 9, 2025, 6:31 pm

Data Source: SACM