$6,150,000

Estimated payment $40,214/month

Total Views 178
3 Beds
2 Baths
7,404 Sq Ft
$831 Price per Sq Ft

Highlights

  • 0.15 Acre Lot
  • Contemporary Architecture
  • No HOA
  • Miwok Middle School Rated A-
  • Engineered Wood Flooring
  • 5-minute walk to Stanford Park

About This Home

Brittain Commercial is pleased to present the Rio Terrace Apartments, a 29-unit apartment complex located at 2811-2917 F Street. Situated near the highly desirable vibrant Boulevard Park area of Midtown Sacramento you will find a charming community with easy freeway access, on-site laundry, on-site parking and modernized interiors. The location provides its residents with a Walk Score of 86. Nearby is McKinley Park, a historically significant city park originated in 1871.This location one right in the heart of the action steps away from eclectic dining, live music, art, and everything that makes Midtown one of Sacramento's most sought-after places to live, easy freeway access The property has been operated by the same ownership for over 31 years and is currently managed by one of the partners. The majority of units are rented below market and offer a new owner with tremendous upside potential. The current ownership has achieved market rents on a select few units that have been renovated. There are 3 garages, 3 covered spaces, 6 spaces that are gated and 5 open off-street parking spaces that generate additional revenu

Listing Agent

Jim Drazenovich

Brittain Commercial License #00891047 Listed on: 07/17/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 6,534 Sq Ft Lot
  • Landscaped

Home Design

  • Contemporary Architecture
  • Raised Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 7,404 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Window Screens
  • Carbon Monoxide Detectors

Flooring

  • Engineered Wood
  • Carpet

Parking

  • 17 Car Garage
  • Carport
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • Separate Meters
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 003-0154-019-0000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 29 Units

Additional Features

  • Laundry Facilities
  • Net Lease

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: 5 or More Units
  • Year Built: 1954
  • Architectural Style: Contemporary
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Simulated Wood, Wood
  • Price Per Square Foot: 830.63
  • Square Footage: 7404.00
  • Window Features: Window Screens

Exterior Features

  • Construction Materials: Stucco
  • Foundation: Raised
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 6150000.00
  • Lot Features: Landscape Back, None
  • New Construction: No
  • Pool: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Parking Features: Off Street, Carport, Garage
  • Total Parking Spaces: 17.00

Utilities

  • Security: Carbon Mon Detector
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, City
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Heating: Wall Furnace
  • Laundry Features: Washer/Dryer Owned
  • Water Source: Public
  • Separate Meters: Electricity, Gas

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning: R1B
  • Irrigation: Public District
  • Lot Size Acres: 0.1500
  • Lot Size Sq Ft: 6534.00

Rental Info

  • Tenant Pays: Electricity, Gas
  • Lease Type: Net

Multi Family

  • Gross Income: 588000
  • Income Includes: ["Laundry","Parking"]
  • Total Number Leasable: 29
  • Number of Units: 29
  • Gross Income Multiplier: 10.460
  • 1 Bedroom Rent Range: $975-$1,675
  • Two Bedroom Rent Range: $1,485-$1,795
  • Studio Rent Range: $800-$1,495

Tax Info

  • Assessor Parcel Number: 003-0154-019-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 For Sale $6,150,000 -- $831 / Sq Ft
Source: MetroList

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