3121 Eastern Avenue, Sacramento, CA 95821; Multifamily Properties For Sale; A-1 in Sacramento County

3121 Eastern Avenue, Sacramento, CA 95821; Multifamily Properties For Sale; A-1 in Sacramento County


3121 Eastern Avenue, Sacramento, CA 95821; Multifamily Properties For Sale; A-1 in Sacramento County

Multifamily Property For Sale

Price:
$1,800,000
No. Units:
26
Building Size:
19,300 SF
Price/Unit:
$69,230.77
Year Built:
1963
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise

Description

Built in 1963, and recently renovated in 2014, Eastern Villa is a 26-unit, two-story, garden-style apartment community located in Sacramento, California. The property is just across the street from Eastern Oak Park, adjacent to the Young Men’s Christian Association. Sports leagues, workshops and camps are featured there, along with soccer fields and basketball courts. Several golf courses are also within a few miles from the property. Downtown Sacramento is just six miles away, where many shops, restaurants, cafés, nightclubs, bars, and other entertainment options are located.

Eastern Villa has a desirable unit mix and consists of 7% one-bedroom and 93% two-bedroom units with an average size of 725 square feet. The property has wood-frame construction with flat roofs. Recent renovations have been made to all unit interiors, as well as exterior repairs, and upgraded dual pane windows. Community amenities include a laundry facility and open grass area with a picnic pavilion and soccer net. The property is beautifully landscaped with manicured grass areas and mature trees and bushes.

Eastern Villa is conveniently situated near Interstate 80 and State Route 244 allowing easy access to surrounding areas. With a population of 470,569 people, the city of Sacramento is located in the Sacramento County. Boasting a population of 2,175,389 residents, the Sacramento-Arden-Arcade metro area consists of four counties.

Transportation is available through Amtrak, with the Sacramento Valley Rail Station located near historic Old Town Sacramento. Additionally, the Sacramento Regional Transit District has a light rail station stop at Sacramento Valley Station known as the Gold Line.

Sacramento is California’s capital, with government accounting for much of the region’s economic activity. Other key industries include education, health care, and technology. Major employers in the Sacramento area include State of California, University of California Health System, Kaiser Permanente, Sacramento City Unified School District, Elk Grove Unified School District, Intel, City of Sacramento, and Mercy/Catholic Healthcare West. The area is also headquarters of Fortune 500 companies Sutter Health, Blue Diamond Growers, Aerojet, Teichert, and The McClatchy Company.

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