2700 32nd Street, Sacramento, CA 95817, Sacramento, 95817 - bed, bath
ACTIVE$1,419,000
2700 32nd Street, Sacramento, CA 95817
0Bed
0Bath
Sqft
6,098.4Lot
Year Built
1962
Close
-
List price
$1.42M
Original List price
-
Price/Sqft
$0
HOA
$0
Days on market
-
Sold On
-
MLS number
PW25159298
Home ConditionFair
Features
Patio
View-
About this home
We found 3 Cons,5 Pros.
This 8-unit apartment building was built in 1962 and is located in the North Oak Park neighborhood and walking distance to many amenities for the tenants such as restaurants, medical services, and shopping. This two-story apartment building offers eight 1 Bedroom 1 Bath units all of which have great layouts that average 618 SF each . The building features onsite laundry, community patio, gated property entry for all residents, parking and storage. The building has a new roof, gutters, siding, and paint which was completed in 2016.
Nearby schools
6/10
David Lubin Elementary School
Public,•K-6•1.2mi
4/10
California Middle School
Public,•7-8•1.3mi
5/10
Kit Carson Middle School
Public,•7-12•1.8mi
2/10
Hiram W. Johnson High School
Public,•9-12•2.8mi
Price History
Date
Event
Price
07/15/25
Price Change
$1,419,000
07/17/19
Sold
$1,273,500
08/10/18
Sold
$1,200,000
04/09/10
Sold
$26,500
06/06/03
Sold
$460,000
Condition Rating
Fair
The property, built in 1962, has undergone significant exterior renovations in 2016 (roof, gutters, siding, paint), which is a positive. The interior photos show cosmetic updates such as modern laminate flooring, fresh paint, and what appears to be an updated kitchen with white cabinets and granite-look countertops. However, the cooling system relies on window AC units, indicating an outdated HVAC setup. The property analysis also highlights the potential for aging interior systems (plumbing, electrical) that may require future capital expenditure. While cosmetically updated and well-maintained, the underlying major systems are likely outdated and not within their expected lifespan, aligning with the 'Fair' condition criteria.
Pros & Cons
Pros
Prime Location & Walkability: Located in the desirable North Oak Park neighborhood, offering tenants excellent walkability to a variety of amenities including restaurants, medical services, and shopping.
Recent Capital Improvements: Significant exterior updates completed in 2016, including a new roof, gutters, siding, and paint, reducing immediate maintenance concerns for a new owner.
Desirable Tenant Amenities: The property features attractive amenities for residents such as onsite laundry, a community patio, gated property entry, parking, and storage, enhancing tenant appeal and retention.
Stable Multi-Unit Investment: An 8-unit apartment building provides a diversified and stable income stream, making it a solid investment opportunity in the Sacramento rental market.
Functional Unit Layouts: All eight 1-bedroom, 1-bath units boast 'great layouts' averaging 618 SF, catering to a strong segment of the rental market (singles and couples).
Cons
Building Age & Potential System Updates: Built in 1962, the property may have original or aging interior systems (e.g., plumbing, electrical, HVAC) that could require significant capital expenditure in the future, despite recent exterior renovations.
Limited Unit Diversity: The property consists exclusively of 1-bedroom, 1-bath units, which limits the potential tenant demographic and may lead to higher turnover compared to properties with a mix of unit sizes.
Unspecified Cooling System: The property description does not mention the presence of air conditioning or a cooling system, which could be a significant drawback for tenant comfort in Sacramento's hot climate and a potential future investment for the owner.