2635 Fairfield Street Sacramento, CA $ 3,136,000
2635 Fairfield Street
$ 3,136,000
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2635 Fairfield Street

Sacramento, CA, 95815
$ 3,136,000
Bedrooms-- Baths-- Sq 23,376

Monthly Estimate*

$ 21,660

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Commercial Property for sale in Sacramento, CA

for $3,136,000. This 23,376 square foot building was built in 1960 on a lot size of 1.21.

2635 Fairfield Street, Sacramento, CA, presents an exceptional, high-yield acquisition for savvy investors seeking substantial upside. This 45-unit apartment complex is offered as-is, presenting a classic value-add play with clear pathways to long-term wealth generation through strategic positioning and property stabilization. The property features significantly below-market rents with the ability for immediate rent adjustments. At just under $67,500 per door, this asset offers immediate cash-flow stabilization, rent optimization, and physical development expansion in the growing Sacramento market, allowing the next owner to capture significant upside. By addressing deferred maintenance and executing a targeted renovation program, a new owner can systematically increase rents to prevailing market rates, significantly boosting Net Operating Income (NOI) and driving capital appreciation. Desirable Unit Mix & Layouts: The complex features a uniform asset profile consisting of all 1-bedroom, 1-bathroom units. Each apartment offers comfortable living space, full-sized kitchens, and generous walk-in closets for excellent tenant storage. Community Amenities & Asset Features: The property features a laundry facility equipped with brand-new washers and dryers, creating an immediate auxiliary revenue stream. Additional amenities include ample on-site parking and dedicated outdoor space suitable for a community playground or picnic area. Rare Expansion Opportunity- 9,000 SQ FT Development Pad: In addition to the existing 45 units, the site includes an approximately 9,000-square-foot development pad. This versatile land provides the opportunity to build an additional residential building to scale the portfolio or expand community play areas and tenant amenities to drive top-of-market rental premiums.

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Commercial Active

Price

$ 3,136,000

Property Type

Commercial

Taxes

$ 0

Style

Mixed Use

Lot Size

1.21

Year Built

1960

Town/City

Sacramento

County/Region

Sacramento

MLS | Web ID

226129164

Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling Window Unit(s)
Utilities Cable Available Sewer Connected Internet Available Primary Gas Meter Primary Water Meter
Roof Flat
Construction Materials Stucco Wood
Year Built 1960
Electric 220 Volts
Tenant Pays Electricity Gas
Stories Count 2
Property Subtype Mixed Use
Current Use Residential
Location Neighborhood
Business Type Commercial
County Sacramento
Property Type Commercial Sale
Building Features Washer/Dryer Owned Kitchen Facilities Living Area in Building See Remarks Other
Close Price 0.0
Status Active
Directions From Norwood Ave head toward Lampasas Avenue. Turn left onto Fairfield Street. The property at 2635 Fairfield Street will be on your left.
City Sacramento
Zoning Description R-1
Number Of Units Total 45
MLS Area 10815
Lot Size Square Feet 52708.0
Structure Type Apartment
Standard Status Active
Year Built Source Owner
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Interior
Flooring Carpet Linoleum 0
Office Area 0
Total Stories 0
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Exterior
Parking Features Uncovered See Remarks Other
Water Source Meter on Site
Total Parking 60.0
Number of Buildings 0
Building Area Total 23376.0
Lot Size Acres 1.21
Lot Size Source Assessor Auto-Fill
Parking Ratio 0.0
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Internal Only
Street Number 1 2635
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* Excluded Features
List By
Keller Williams Realty

Broker

brianmartell@kw.com

Email

Affordability Calculator

$21,660
Per Month
100%
0%
0%
Monthly Principal & Interest
$21,660
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
295416 Elementary School
295437 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
10/17/2026 $3,136,000 Listed Price

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2635 Fairfield Street, Sacramento, CA, 95815 is a Commercial Property for sale at $3,136,000 with 23,376 sqft and a lot size of 1.21. 2635 Fairfield Street was built in 1960. The property's zip code is 95815 which is in Sacramento, CA