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5756 Nina Way Sacramento, CA $ 1,725,000
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$ 1,725,000 Get more info
5756 Nina Way
$ 1,725,000
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Share Save

5756 Nina Way

Sacramento, CA, 95824
$ 1,725,000
Baths0.0

Monthly Estimate*

$ 11,465

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Studio

Multi-Family Home for sale in Sacramento, CA

for $1,725,000. This home was built in 1962 on a lot size of 0.2633.

We are pleased to present 5756-5760 Nina Way Apartments, a captivating 12-unit apartment community located in Sacramento, California. The community features 1 studio unit with 425 rentable square feet, 7 one-bedroom/one-bathroom units with 625 rentable square feet, and 4 two-bedroom/one-bathroom units with 775 rentable square feet. The purchaser of this community will enjoy a favorable and diverse unit mix with an immediate value-add component and rental upside potential. Tenants have the benefit of off-street parking, a spacious onsite laundry room with personal storage lockers, and convenient access to several shopping centers nearby. The market comparable suggest a 25% loss-to-lease upside thesis with moderate turn quality upgrades. There are two units currently vacant and slated for renovation which would allow a purchaser to capture some of the immediate upside potential in addition to raising rents on existing residents. The property is not far from Ca-Hwy 99, allowing residents to enjoy seamless connectivity to Sacramento's bustling Midtown/Downtown, unlocking a world of employment opportunities and entertainment options.

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Multi-Family Active

Price

$ 1,725,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

5 or More Units

Lot Size

0.2633

Year Built

1962

Town/City

Sacramento

County/Region

Sacramento

MLS | Web ID

224054171
Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling Wall Unit(s) Window Unit(s)
Utilities City
Roof Composition
Unit 4 Rent 0
Unit 2 Rent 0
Unit 3 Rent 0
Unit 1 Rent 0
HOA 0
Garage Spaces 0.0
Patio/Porch Features Covered Deck
Construction Materials Stucco Wood
Year Built 1962
Stories 0
Levels Two
Property SubType 5 or More Units
Elevation 0
County Sacramento
Property Type ResidentialIncome
HOA / Comm Assn N
Total Rooms 0
Close Price 0.0
Status Active
Directions Head south on Stockton Blvd turn west onto Southwest Ave turn north on Nina Way. Property is on your left.
City Sacramento
Buyer Agent Compensation 2
High School District Sacramento Unified
Zoning Description residential
Open Parking Spaces 12.0
NumberOfUnitsTotal 12
MLS Area 10824
Lot Size Square Feet 11470.0
Carport Spaces 0.0
Street Name Nina Way
Ok to Lease Month To Month
Standard Status Active
Middle/Junior School District Sacramento Unified
Elementary School District Sacramento Unified
Year Built Source Assessor Agent-Fill
Buyer Agent Compensation Type Percent
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Interior
Flooring Carpet Vinyl Linoleum
Total Stories 2
Unit 1 Full Baths 1
Unit 2 Full Baths 0
Unit 3 Full Baths 0
Laundry Features In Common Area
Unit 1 Bedroom Units Total 7
Unit 2 Bedroom Units Total 4
Unit 3 Bedroom Units Total 0
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Exterior
Parking Features Off Street Street
Lot Features Curbs/Gutters Sidewalk
Water Source Meter on Site
Total Parking 12.0
Foundation Details Raised
Number of Buildings 1
Lot Size Acres 0.2633
Lot Size Source Not Verified
Covered Spaces 0.0
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Internal Only
Street Number 1 5756
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* Excluded Features
List By
Marcus & Millichap Real Estate

Broker

David.DeLoney@marcusmillichap.com

Email

Affordability Calculator

$11,465
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,465
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3193778 Elementary School
3193676 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
5/20/2024 $1,725,000 Listed Price

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5756 Nina Way, Sacramento, CA, 95824 is a Multi-Family Home for sale at $1,725,000 with a lot size of 0.2633. 5756 Nina Way is a studio with 0.0 baths and was built in 1962. The property's zip code is 95824 which is in Sacramento, CA

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