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$5,850,000
23,828 SqFt. 226096458 MLS
The Avenue West Apartments is a 26-unit multifamily community located at 1301 W. Lodi Avenue in one of Lodi's most established residential neighborhoods. The property consists entirely of spacious 2-Bedroom/1-Bathroom apartment homes, providing a highly desirable unit mix that appeals to families, roommates, and long-term renters. Recent capital improvements include dual-pane windows, multiple HVAC replacements, renovated units, sealed parking areas, and the implementation of a utility cost reimbursement program, reducing future capital needs and supporting long term cash flow. Ideally positioned on Lodi's west side, the property offers convenient access to Highway 99, Downtown Lodi, Lodi Lake Park, Adventist Health Lodi Memorial Hospital, and Lodi's renowned wine country with more than 85 wineries. Residents benefit from nearby grocery stores, restaurants, retail centers, schools, and other everyday conveniences, with many amenities within walking distance. Combined with Lodi's strong rental demand and small-town charm, The Avenue West Apartments presents an attractive investment opportunity in one of the Central Valley's most desirable multifamily markets.

1301 W Lodi Avenue, Lodi

Listing courtesy of Colliers Parrish Intenational Inc..

$675,000
3,664 SqFt. 226095489 MLS
Investment opportunity featuring **two duplex buildings (4 units total)** situated on a large 1/3-acre lot adjacent to Ellis Lake with direct access from the property. Each unit offers a spacious 2-bedroom, 1-bath floor plan with in-unit washer and dryer. The oversized lot offers future development potential, with room that may accommodate additional units, such as an ADU or duplex ADU, subject to buyer verification of zoning, approvals, and development standards. New roofs have just been completed, providing added value and reducing near-term capital expenses. Current gross annual rents are **$67,200** ($1,400 per unit), producing an approximate 6.4% cap rate based on current operating history. Additional upside may exist through implementation of a RUBS (Ratio Utility Billing System) program, allowing a future owner to recover a portion of utility expenses, subject to buyer verification. Photos were taken prior to the current tenants moving in. Shown by appointment only. Please do not disturb tenants.

1113 D Street, Marysville

Listing courtesy of Better Homes and Gardens RE.

$1,895,000
6,214 SqFt. 226095035 MLS
163 Pleasant Ave is an 8 unit apartment community located in the heart of Auburn. The property consists all 2 Bedroom 1 Bathroom units. The property has been completely renovated with New Roof, New Windows, and mini split HVAC installed in all units. 6 of the 8 units have been completely remodeled with new flooring, kitchen cabinets, kitchen counter tops, bathroom vanities. All decks are SB 721 Compliant and electrical panels are General Electric which insurance companies prefer. Nestled in the heart of historic Auburn, this location offers the perfect blend of small-town charm and Sierra foothill lifestyle. Just a short stroll from Old Town Auburn's iconic Main Street, residents enjoy easy access to unique boutiques, acclaimed restaurants, local breweries, and year-round community events. Auburn is celebrated for its deep roots in Gold Rush history and vibrant cultural scene, with museums and landmarks that honor the region's rich past

163 Pleasant Avenue, Auburn

Listing courtesy of North Coast Commercial, Inc..

$300,000
1,040 SqFt. 226094235 MLS
Excellent investment opportunity with this remodeled duplex generating over $26,000 in annual rental income. This fully rented, income-producing property has been updated with fresh interior and exterior paint, new flooring, updated bathroom vanities, and all-new windows, offering modern appeal and reduced maintenance. Both units are 1/1 and well maintained and provide comfortable living spaces with strong rental demand. The property also features a huge workshop/storage building. Whether you're looking to expand your investment portfolio or live in one unit while renting the other, this property offers excellent flexibility and immediate cash flow. Conveniently located near schools, shopping, restaurants, parks, and major commuter routes, this remodeled duplex combines steady rental income, quality upgrades, and long-term investment potential. Don't miss this exceptional opportunity.

425 N Butte Street, Willows

Listing courtesy of eXp Realty of California Inc..

$499,900
2,004 SqFt. 226093612 MLS
Located at 2151 Martin Luther King Jr Way in Merced, California, this multi-family residence presents an attractive property in great condition. Imagine evenings spent in the living room, the fireplace casting a warm glow as you relax and unwind after a long day. The inviting ambiance encourages quiet reflection and provides a comfortable space for gathering. The kitchen features stone countertops, offering a durable and elegant surface for preparing meals and creating culinary masterpieces. This space is designed to be both functional and aesthetically pleasing, making it a joy to spend time in. The bathroom includes a walk-in shower, providing a practical and convenient space for your daily routine. This multi-family residence provides an incredible opportunity to own an attractive property in Merced, California.

2151 Martin Luther King Jr Way, Merced

Listing courtesy of Century 21 Select Real Estate.

$1,900,000
226083606 MLS
2423 L Street (8 Units) presents a rare opportunity to acquire a boutique multifamily asset in the heart of Midtown Sacramento, one of the regions most desirable and vibrant urban neighborhoods. The property consists of Six large Studio Apartments that have been tastefully remodeled and complemented by two newly constructed detached ADU units, each offering approximately 600 square feet with 2bedroom/1bathroom floor plans. The combination of existing rental income and brand-new construction creates an attractive investment opportunity with a diverse unit mix and a strong long term rental demand. The front building consists of six studio apartments that provide efficient and affordable housing in a highly sought-after rental market. Behind the main structure are two newly completed detached ADUs, each featuring modern 2-bedroom/1-bathroom floor plans, contemporary finishes, open-concept living spaces, and approximately 600 square feet of living area. These newly built units offer investors minimal deferred maintenance and command premium rental rates relative to traditional apartment inventory. Updates to the older structure include a brand new roof (2024), sewer lateral replacement (2026), electrical panel upgrades, all dry rot cleared, new paint job, brand new landscaping, two rebuilt fences and 4 of 6 remodeled interiors.

2423 L Street, Sacramento

Listing courtesy of Collier's International.

$3,750,000
13,495 SqFt. 226091706 MLS
Camelot Woods Condominiums, a 15-unit townhouse-style condominium community located in the desirable Cameron Park submarket of El Dorado County. Constructed in 2008, the property offers investors the rare opportunity to acquire a newer vintage multifamily asset featuring spacious townhome floor plans, stable rental history, and meaningful income upside with more aggressive management. Camelot Woods Condominiums consists of fifteen two-bedroom, one-and-one-half-bathroom townhouse residences, each approximately 900 square feet. The thoughtfully designed twostory floor plans provide residents with the comfort and privacy similar to single-family living while maintaining the operational efficiencies of a professionally managed rental community. Each residence features maple cabinetry, solid surface countertops, tile flooring in the kitchen and dining areas, central heating and air conditioning, in-unit laundry, private patios or balconies, and covered parking. Additional parking spots are available for rent. Current ownership has maintained the property to a high standard (SB 721 compliant), resulting in an attractive community with minimal deferred maintenance. Built in 2008, Camelot Woods benefits from newer construction than most multifamily inventory in the region, reducing near-term capital expenditure requirements and allowing a new owner to focus on income growth. Average in-place rents of approximately $1,746 per month remain below the projected market average of approximately $1,995 per month, providing investors with a clear opportunity to increase revenue through natural lease turnover and not needing to renovate units to achieve market rent. Ideally located in the heart of Cameron Park, residents enjoy convenient access to Highway 50, placing major employment centers in Folsom, El Dorado Hills, Placerville, and Downtown Sacramento within an easy commute. The community is surrounded by grocery stores, restaurants, parks, schools, and everyday conveniences while benefiting from Cameron Park's desirable foothill setting, highly-regarded quality of life, and strong rental demand.

3958 Lancelot Court, Cameron Park

Listing courtesy of Marcus & Millichap Real Estate.

$1,500,000
5,250 SqFt. 226090746 MLS
Excellent investment opportunity with Kingslike Apartments, a well-maintained, fully occupied, 10-unit apartment complex, with an 11th unit for management, if needed. Located in the heart of Georgetown and situated on nearly an acre with prime Highway frontage, this successful income-producing property offers high rental income in an appealing and convenient location for occupants, close to local restaurants, parks, shopping, the historic saloon, and other community amenities. The property features 10 studio units plus a 2-bedroom manager suite, with utilities including Wi-Fi, water, sewer, garbage, and electricity currently included in the rents, providing added convenience for tenants. A new roof offers peace of mind for future ownership, and on-site management is available to assist with a smooth transition. Residents enjoy easy access to the area's many outdoor recreational opportunities, including hiking, boating, fishing, and swimming at nearby lakes just a scenic drive-up Wentworth Springs Road. Historic Coloma and the South Fork of the American River are also nearby, offering whitewater rafting, gold panning, and year-round tourism. Don't miss this outstanding opportunity to own a fully occupied investment property in the heart of Gold Country.

6350 State Highway 193, Georgetown

Listing courtesy of RE/MAX GOLD.

$999,000
2,610 SqFt. 226090524 MLS
Excellent investment opportunity in the desirable Central Sacramento/Midtown area. This well-maintained fourplex features four 1-bedroom, 1-bathroom units with long-term tenants who would like to remain, providing stable rental income. Each unit has been updated within the past 10 years with remodeled kitchens featuring newer cabinets, countertops, stove, refrigerator, and flooring, plus updated bathrooms with newer shower-over-tub, vanity, sink, toilet, flooring, and shower doors. Original hardwood floors run throughout the living rooms, bedrooms, and hallways, and all units have dual-pane windows, mirrored closet doors, wall furnaces, and window air conditioners. Additional improvements include a newer electrical panel and a 3-year-old commercial-sized water heater serving all four units. Amenities include a shared coin-operated laundry room and three off-street parking spaces. Conveniently located near Midtown, downtown Sacramento, restaurants, shopping, parks, and public transportation, this is an outstanding opportunity to own a quality income property in a highly desirable location.Home, pest and roof inspections available.

1725 V Street, Sacramento

Listing courtesy of Sathre Real Estate.

$3,995,000
18,421 SqFt. 226090335 MLS
Wetzlar Square, an exceptionally rare opportunity to acquire one of Downtown Sacramento's most distinctive mixed-use investment properties. Offered for sale for the first time since 1989, Wetzlar Square consists of three architecturally unique buildings situated on a single parcel, blending irreplaceable historic character with stable income and long-term investment potential. The property features 23 apartment units and ground-floor professional office suites, creating a diversified income stream that appeals to investors seeking both stability and future upside. Each building offers its own unique identity. 1019 H Street is a striking three-story brick apartment building showcasing timeless architectural character. 1021 H Street, originally constructed by Julius Wetzlar in 1871, is one of Downtown Sacramento's historic residential gems. Throughout its history, the building has been home to prominent Sacramento residents and preserves architectural features rarely found today, including four extraordinary residences with approximately 18-foot ceilings that create an unmatched living experience. Fronting H Street, 1023 H Street provides professional office space at street level with apartments above, creating an ideal environment for attorneys, consultants, and other professionals who benefit from the property's close proximity to the federal and county courthouses. Perfectly positioned within Sacramento's Government and Legal District, Wetzlar Square sits just moments from City Hall, the California State Capitol, the U.S. District Court, the Sacramento County Courthouse, and countless government agencies, law firms, and professional offices. The surrounding neighborhood offers an exceptional walkable lifestyle with restaurants, coffee shops, entertainment, public transportation, and the city's expanding residential and employment base all within blocks of the property. Investment opportunities of this caliber are increasingly difficult to replicate. The combination of historic architecture, multiple income sources, irreplaceable downtown location, and nearly four decades of ownership creates a compelling offering for investors seeking a landmark asset with dependable cash flow and meaningful long-term appreciation potential. Whether maintained as a stabilized mixed-use investment or enhanced through strategic renovations and operational improvements, Wetzlar Square represents a true generational acquisition in the heart of Downtown Sacramento.

1023 H Street, Sacramento

Listing courtesy of ALIVE Commercial Real Estate.

$7,100,000
29,558 SqFt. 226089012 MLS
The Corum Building is a value-add mixed-use building that is being offered for sale for the first time in 32 years. Enjoying a high visibility location at the corner of 22nd Street and J Street, a main arterial road that connects Downtown to East Sacramento, the Corum is a 3-story midrise featuring 42 residential units and two ground floor retail tenants across 29,558 total square feet. The property is comprised to two separate structures that are connected by an outdoor stairwell and breezeway. 926 22nd Street, which is located at the corner of 22nd and J Street, is a brick-clad building that includes the anchor ground floor retail space and 25 studio units on the second and third floors. The second structure, 916 22nd Street, which is located at the corner of 22nd Street and Improv Alley, features 17 total units including 16 one-bed units and 1 two-bed unit. All 42 units have been upgraded to varying degrees over the years but most include newer LVP flooring, cabinetry, and lighting together with updated original architectural features. Capital improvements within the last 10 years includes new roofs on both structures and new electric panels at 926 22nd. The ground floor of the property is leased to two retail/office tenants including O-Toro Midtown, an established sushi restaurant with a long track record of success at the property. O-Toro leases 4,500 SF at the corner of 22nd and J St. and recently extended its triple-net lease through March 2035. The other retail space, measuring 670 SF along 22nd Street, is leased to a local non-profit through August 2026; it is possible this retail space could be converted to a 43rd residential unit. The Corum is being offered at $7,100,000 which equates to a 6.82% blended capitalization rate based on actual income and proforma expenses. Given the existing rents are about 20% below market, there is potential upside to a 8.25%+ annual return. The property is squarely in the heart of Midtown, just two blocks from the MARRS Building and Midtown Farmers Market, and walking distance to dozens of best-in-class amenities, parks, and the American River Bike Trail. This is a true generational investment and a rare opportunity to purchase a iconic building in Midtown.

926 22nd Street, Sacramento

Listing courtesy of Ken Turton, Broker.

$1,095,000
4,365 SqFt. 226088950 MLS
2722-2730 T Street is a 5-unit apartment building located in the historic Newton Booth neighborhood in Midtown. The two-story property includes 4 one-bedroom units and 1 two-bedroom unit, each with their own address number and exterior front door off T Street. The units are efficient and spacious at an average size of 870 square feet, and feature original millwork and cabinetry, hardwood floors, and original architectural features. The partial but full-height basement includes shared laundry and additional free tenant storage. The property is located at the corner of 28th and T Streets, just two short blocks from the Sacramento Food Co-Op, Temple Coffee Roasters, and Bus80 on and off ramps. The average existing rent is $1,590 per month ($1.82 PSF), so a buyer can take advantage of attractive upside in the rents and instituting RUBS. Priced at $1,095,000 ($219,000 per door) which is a 5% cap rate based on actual income and expenses.

2722 T Street, Sacramento

Listing courtesy of Ken Turton, Broker.

$1,000,000
226088668 MLS
614 17th Street, a thoughtfully renovated four-unit multifamily investment opportunity ideally situated in the highly desirable Boulevard Park neighborhood of Midtown Sacramentothe region's most established and sought-after rental market. The property consists of four spacious one-bedroom, one-bathroom apartments, each offering approximately 600 rentable square feet. Residents enjoy the convenience of gated off-street parking and on-site laundry facilities, amenities that continue to drive resident demand. Recent improvements include new carpet, fresh interior & exterior paint, new tile flooring in the entryways, kitchens, and bathrooms, energy-efficient lighting, and additional interior upgrades. With one unit currently vacant, investors have an immediate opportunity to increase cash flow by leasing the apartment at current market rents or by utilizing the vacancy for owner occupancy.

614 17th Street, Sacramento

Listing courtesy of Marcus & Millichap Real Estate.

$900,000
3,688 SqFt. 226087911 MLS
3701 Morse Ave is well-maintained 6 unit apartment building located in Sacramento's Arden/Arcade submarket. The property consists exclusively of two-bedroom, one-bathroom units, each approximately 634 square feet. Over time, the units have been thoughtfully updated with modern cabinetry, countertops, appliances, and bathroom vanities. Wood laminate flooring has been installed throughout the living areas and bathrooms, while the bedrooms feature carpet flooring. Each kitchen is equipped with an electric range, refrigerator, dishwasher, and garbage disposal. Units are serviced by individual wall-mounted heating and air conditioning systems, and residents are responsible for all utilities within their units. Property amenities include on-site laundry facilities and off-street parking for residents. The property has also benefited from several recent capital improvements. The central water heater was replaced in 2025, and a new roof was installed approximately two years ago. Additionally, all electrical subpanels have been upgraded with Arc-Fault and Tamper-Resistant circuit breakers.

3701 Morse Avenue, Sacramento

Listing courtesy of North Coast Commercial, Inc..

$950,000
2,080 SqFt. 226083047 MLS
ATTENTION INVESTORS: Here are the numbers - $66,000 annual income which represents a GRM of 14.4. That is a good enough return for a duplex by itself but this listing comes with an additional 6400 sqft vacant lot! That alone comps at around $200,000 in Tahoe Park. If you were to remove the value of the land, the GRM drops to 11.4! This is a private, gated compound offering incredible versatility, immediate cash flow, and massive future upside. The duplex is situated just a short walk from fabulous local restaurants and the expanding, multi-billion-dollar UC Davis Medical Center campus. You can build your own family compound here. This listing for $950,000 represents the Duplex + Vacant lot. The Duplex has been renovated and is in incredible condition, currently collecting $5,500 per month. Current zoning allows for additional dwelling units making it an ideal opportunity to build and maximize your income-producing potential. Whether you are looking for a high-performing addition to your portfolio, a multi-generational family compound, or a development project to capitalize on Sacramento's increasing housing density, this Tahoe Park property delivers.

5652 Broadway, Sacramento

Listing courtesy of Sac Platinum Realty.

$1,200,000
3,230 SqFt. 226087458 MLS
Excellent 6-unit investment opportunity in Old North Sacramento! This offering consists of two separate structures on one lot a 4-unit apartment building and a detached duplex giving investors flexibility for financing, management, or future planning. Units are predominantly 1 bedroom/1 bath floor plans with off-street parking for tenants. The property has been recently renovated within the last five years, with updated flooring, kitchens, bathrooms, and lighting throughout most units, offering a turnkey opportunity for a buyer seeking strong cash flow with minimal deferred maintenance. Located near Arden Way and Del Paso Blvd, the property offers tenants convenient access to everyday amenities and major destinations. Nearby shopping centers and the Arden Fair Mall provide a wide range of retailers and dining options, while Discovery Park and the American River offer great outdoor recreation, along with Bannon Creek Parkway and Governor's Mansion State Historic Park close by. Commuters benefit from easy access to Business 80, Highway 99, and Highway 50, keeping Downtown/Midtown Sacramento within easy reach, with the Royal Oaks light rail station conveniently close for those who prefer transit. Kaiser Foundation Hospital - Sacramento and Sacramento International Airport are both easily accessible, and Sacramento City College, American River College, and Sacramento State are all within a short drive as well. With historically strong occupancy and rents currently below market, this property presents immediate cash flow with meaningful upside for the next owner. The two-building configuration on a single lot adds versatility rarely found in properties of this size, whether the buyer's strategy is long-term hold or continued value-add improvements. Don't miss this North Sacramento multifamily opportunity contact the listing agent for financials, rent roll, and to schedule a showing.

2398 Oakmont Street, Sacramento

Listing courtesy of HomeSmart ICARE Realty.

$899,950
3,500 SqFt. 226087194 MLS
Renovated and thoughtfully reimagined, this exceptional Modesto triplex offers an outstanding investment opportunity or the perfect owner-occupied income property. Originally a duplex, the property has been transformed into a duplex plus a newly converted ADU, with extensive upgrades throughout for modern comfort and peace of mind. Major improvements include a new roof, HVAC systems, water heaters, plumbing, electrical, flooring, windows, interior and exterior paint, fixtures, and appliances. The two spacious main units mirror each other, each offering approximately 1,500 square feet with 4 bedrooms, 2 full bathrooms, a well-appointed kitchen, a comfortable living room, and a dedicated laundry/pantry room. The third unit is a thoughtfully designed approximately 500-square-foot ADU, converted from the original garages, featuring an open-concept kitchen and living area, 1 bedroom, 1 full bathroom, and a convenient laundry closet for a stackable washer and dryer. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this versatile property checks all the boxes. Conveniently located near schools, shopping, dining, and just minutes from Highway 99, this turnkey triplex offers strong income potential. https://exitwithcolton.pixieset.com/1117sonoraavemodestoca/

1117 Sonora Avenue, Modesto

Listing courtesy of EXIT Realty Consultants.

$823,000
3,390 SqFt. 226086257 MLS
Over the last 2 years, this Quadplex has been cared for with large upgrades including a newer roof, exterior paint and removal of carpet throughout all units. With a large lot and lots of open space around the building, this property now opens the opportunity to build ADUs while collecting rent from the stabilized units. This property is already boasting $77,000 a year in market rent, big cost upgrades are already taken care of, and a future owner can verify the potential to build 1 ADU per existing unit. Fruitridge Terrace is a well established neighborhood for renters due to proximity to jobs, shopping, and connection to freeways. This investment property is set up in a strategic location to maximize cash flow and keep these units consistently occupied. The two downstairs units have fully fenced back yards and the two upstairs units have front facing balconies. All units have central air conditioning and appliances provided.

5644 Odea Drive, Sacramento

Listing courtesy of Windermere Signature Properties LP.

$1,280,000
5,440 SqFt. 226086380 MLS
the Van Buren Apartments, an 11-unit multifamily property located at 630 N. Van Buren Street in Stockton's Downtown/Civic Center area. The asset consists entirely of 1-bedroom / 1-bath units at approximately 490 SF, with 10 of the 11 units recently remodeled, offering a strong value-add and stabilized turnkey opportunity. The property provides an attractive in-place yield with additional upside through continued lease-up and rent optimization. The property sits in a centrally located pocket of Stockton, near major downtown amenities, including the University of the Pacific, Stockton Arena, and the Bob Hope Theatre, all within a short drive. Residents benefit from walkable access to downtown restaurants, coffee shops, and everyday services, along with proximity to McLeod Lake and the Downtown Waterfront district. The area is also well-connected to public transit and major corridors, like Highway 4 and I-5, providing regional access to Sacramento and the broader Central Valley employment base.

630 N Van Buren Street, Stockton

Listing courtesy of Colliers Parrish Intenational Inc..

$2,495,000
7,842 SqFt. 226085784 MLS
The Park Villa Apartments, a well-maintained 25-unit multifamily community, located at 322 W. Park Street, in Stockton's established Downtown neighborhood. The property features a desirable mix of twenty-three (23) 500 SF Studio units, one (1) 650 SF 1-bedroom/1-bath unit, and one (1) 850 SF 2-bedroom/1-bath unit. With 15 of the 25 units already remodeled, the asset offers an attractive combination of in-place income and continued value-add potential. Residents benefit from convenient access to Downtown Stockton's dining, shopping, and entertainment options, as well as nearby employers and public transportation. The property is just minutes from the waterfront, local retail centers, and educational institutions, including the University of the Pacific, making it appealing to a broad tenant base seeking affordability and accessibility.

322 W Park Street, Stockton

Listing courtesy of Colliers Parrish Intenational Inc..

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