Plaza Avenue, Sacramento, California image 1
Active

Plaza Avenue

Sacramento, CA 95815
Mark as Favorite
$5,060,000 $21,333/Mo
Get Pre-Approved Check your credit

The subject property consists of two apartment buildings, two parcels, with one facing Plaza Avenue and the other Santiago Avenue in the Noralto District of Old North Sacramento. Both buildings were constructed in 1959 as a well-positioned midcentury urban infill apartment community serving Sacramento's stable workforce renter base. The property consists of Forty-five 1bedroom units and a single Studio. Each unit is individually metered for gas and electric and features wall heaters and wall-mounted air conditioning. Interior finishes vary by unit, reflecting updates completed over time. Flooring consists of tile, linoleum, and wood laminate. All units include refrigerators, gas stoves, and garbage disposals, along with Formica countertops and original cabinetry. Bathrooms are equipped w ith tub/shower combinations throughout. The property offers six garage spaces, on-site parking, off-street parking, on-site laundry and an open courtyard layout, providing functional outdoor space and convenient tenant circulation. The property is in the Noralto District of Old North Sacramento, an established urban neighborhood conveniently positioned between Downtown Sacramento and Arden-Arcade. This area is characterized by midcentury housing stock and remains one of Sacramento's more affordable rental markets, making it attractive to renters seeking proximity to employment centers, retail, and entertainment. Nearby amenities include Grocery Outlet, King's Supermarket, and a wide selection of local and national restaurants, including McDonald's, Carl's Jr., Taco Bell, Little Caesars, and Popeyes. Market Square at Arden Fair Mall is approximately 2.2 miles (10 minutes) away, providing access to the broader Arden-Arcade retail corridor. Downtown Sacramento and the Golden 1 Center are located approximately 5.6 miles (12 minutes) from the property. A new investor will benefit from meaningful upside through the implementation of a RUBS (Ratio Utility Billing System), allowing for partial utility cost recovery. Additional value can be achieved by continuing interior upgrades during unit turnover.

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

Price : $5,060,000

AD Id : 78058806

MLS Id : 226051869

Living Area Size : 27,600

Year Built : 1959

County : Sacramento

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Water/Sewer

    Sewer: Public Sewer

  • Flooring Information

    Varies by Unit

  • Interior Features

    Laundry Features: Washer/Dryer Owned

  • Heating & Cooling

    Heating: Wall Furnace Cooling: Window Unit(s) WaterSource: Meter on Site

  • Building Information

    Year Built: 1959 Stories: 3 Construction Materials: See Remarks Foundation Details: Concrete, SeeRemarks

  • Exterior Features

    Foundation Details: Concrete, SeeRemarks

  • Laundry Features

    Washer/Dryer Owned

  • Lot Information

    Lot Description: None Lot Square Feet: 35,719 Stories: 3 Main Square Feet: 27,600

    Property Information

    Property Type: Residential Income Sub Type: 5 or More Units SQ ft (Living Area): 27,600 Construction Materials: See Remarks Property Age: 67 Cross Street: Santiago Source Neighborhood: 10815 Postal Code Plus 4: 2462 Area: Sacramento S: 95815 Zoning: R-2B Living Area Source: Not Verified Structure Type: Apartments

    Farm Info

    Irrigation Source: Meter Available

  • Listing Price Information

    Listing Id: 226051869 List Price: $5,060,000 List Price Tot SqFt: $183

  • Tax Information

    Parcel Number: 263-0241-035

  • Parking Information

    Parking Total: 46 Attached, Garage, Varies by Unit

  • Elementary School District: Sacramento Unified
    Junior High School District: Sacramento Unified
    Senior High School District: Sacramento Unified

  • Utility Information

    Sewer Connected, Electric, Other

  • Location Information

    Direction: Corner of Plaza Avenue and Santiago Avenue in Sacramento CA.
Sell a home like this and save $303,101 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Albatross Way, Sacramento, CA, 95815 $1,200,000 -- -- 4,536 4,536 SqFt
Eleanor Avenue, Sacramento, CA, 95815 $350,000 2 2 1,263 1,263 SqFt
Taft Street, Sacramento, CA, 95815 $419,000 3 1 1,064 1,064 SqFt
El Monte Avenue, Sacramento, CA, 95815 $389,999 2 1 1,250 1,250 SqFt
Kenwood Street, Sacramento, CA, 95815 $379,000 2 1 736 736 SqFt
Taft Street, Sacramento, CA, 95815 $349,000 3 1 1,064 1,064 SqFt
Frienza Avenue, Sacramento, CA, 95815 $350,000 3 1 1,238 1,238 SqFt
Selma, Sacramento, CA, 95815 $319,999 2 1 1,067 1,067 SqFt
Acacia Avenue, Sacramento, CA, 95815 $349,000 2 1 793 793 SqFt
Middleberry Road, Sacramento, CA, 95815 $490,000 3 2 1,935 1,935 SqFt

Similar Homes To Plaza Avenue

Nearby For Sale

Slider Thumb
Active
Mark as Favorite
$580,000
Home For Sale

Cashaw Way,
Sacramento, CA, 95834

Bed 3

Bed

Bath 2

Bath

SqFt1,630

Sqft

SqFt5,192.35

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$580,000
Home For Sale

Broadwater Drive,
Sacramento, CA, 95835

Bed 4

Bed

Bath 3

Bath

SqFt2,161

Sqft

SqFt3,454.31

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$559,900
Home For Sale

Via Villaggio,
Sacramento, CA, 95864

Bed 4

Bed

Bath 3

Bath

SqFt2,055

Sqft

SqFt2,631.02

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$769,000
Home For Sale

53rd Street,
Sacramento, CA, 95819

Bed 2

Bed

Bath 1

Bath

SqFt1,214

Sqft

SqFt9,766.15

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$635,000
Home For Sale

Freeport Boulevard,
Sacramento, CA, 95818

Bed 2

Bed

Bath 2

Bath

SqFt1,070

Sqft

ByOwner last updated this listing 08/08/2026 @ 16:40

MLS: 226051869 LISTED BY: Matthew Sarro, Collier's International SOURCE: MLS Metrolist

More Cities with for Sale by Owner Homes

Homes around $5,060,000

Slider Thumb
Active
Mark as Favorite
$1,200,000
Home For Sale

Oakmont Street,
Sacramento, CA, 95815

SqFt3,230

Sqft
Slider Thumb
Active
Mark as Favorite
$1,200,000
Home For Sale

Albatross Way,
Sacramento, CA, 95815

SqFt4,536

Sqft
Slider Thumb
Active
Mark as Favorite
$1,200,000
Home For Sale

Albatross Way,
Sacramento, CA, 95815

SqFt4,536

Sqft
Slider Thumb
Active
Mark as Favorite
$1,225,000
Land For Sale

El Camino Avenue,
Sacramento, CA, 95815

SqFt6,098.40

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$1,290,000
Land For Sale

Boxwood Street,
Sacramento, CA, 95815

SqFt4,048

Sqft (Lot)

SqFt6,534

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$1,295,000
Land For Sale

Norwood Avenue,
Sacramento, CA, 95815

Acres

Acres (Lot)

--
Slider Thumb
Active
Mark as Favorite
$1,399,000
Land For Sale

820 Lampasas,
Sacramento, CA, 95815

SqFt6,240

Sqft (Lot)

Acres

Acres (Lot)

--
Slider Thumb
Active
Mark as Favorite
$1,399,888
Land For Sale

820 Lampasas,
Sacramento, CA, 95815

SqFt6,240

Sqft (Lot)

Acres

Acres (Lot)

--
Slider Thumb
Active
Mark as Favorite
$1,499,998
Home For Sale

Del Paso Boulevard,
Sacramento, CA, 95815

SqFt4,998

Sqft
Slider Thumb
Active
Mark as Favorite
$1,500,000
Land For Sale

820 Lampasas,
Sacramento, CA, 95815

SqFt6,240

Sqft (Lot)

SqFt16,552.80

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$1,699,995
Multifamily For Sale

Del Paso Boulevard,
Sacramento, CA, 95815

SqFt5,046

Sqft
Slider Thumb
Active
Mark as Favorite
$1,799,995
Land For Sale

Del Paso Boulevard,
Sacramento, CA, 95815

SqFt5,046

Sqft (Lot)

Acres

Acres (Lot)

--
Slider Thumb
Active
Mark as Favorite
$2,320,000
Land For Sale

375 El Camino Avenue,
Sacramento, CA, 95815

SqFt14,810.40

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$2,400,000
Land For Sale

375 El Camino Avenue,
Sacramento, CA, 95815

SqFt14,810.40

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$2,499,000
Land For Sale

2570 Traction Ave,
Sacramento, CA, 95815

SqFt18,730.80

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$2,500,000
Home For Sale

714 Darina Ave,
Sacramento, CA, 95815

SqFt12,719

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$3,000,000
Land For Sale

Leisure Lane,
Sacramento, CA, 95815

Slider Thumb
Active
Mark as Favorite
$8,850,000
Home For Sale

Plaza Avenue,
Sacramento, CA, 95815

SqFt40,100

Sqft

Selling? Save $303,101 when you sell a home like this

Tour with a ByOwner Agent