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$3,550,000
9,744 SqFt. 326078848 MLS
Driftwood Apartments presents the opportunity to acquire a well-maintained 13-unit multifamily property in the desirable waterfront community of Benicia.​ The property consists of twelve two-bedroom, one-bath units and one standalone studio cottage, offering an attractive unit mix with a strong history of tenant performance and ongoing property improvements.​ Ownership has consistently reinvested in the property over the years, with units upgraded as they turn over and numerous improvements made to the buildings and site.​ Notable improvements include an engineered site drainage system, protective roof coatings on two buildings, and regular parking lot sealing and striping approximately every five to six years.​ The property also features mature landscaping and well-maintained common areas.​ Each building is equipped with a washer and dryer (owned) and a 75-gallon hot water heater.​ Additional property features include separately metered units, covered assigned parking, and a dedicated storage unit for each residence, providing conveniences that are attractive to tenants and help differentiate the property within the local rental market.​ Driftwood Apartments benefits from a stable existing tenant base, with all tenants currently paying on time and no outstanding collections or tenant balances owed.​ The combination of consistent ownership maintenance, upgraded units, covered parking, storage, mature landscaping, and a desirable Benicia location provides an investor with a well-positioned multifamily asset offering durable in-place income.​

510 East N Street, Benicia

Listing courtesy of North Valley Real Estate Advisors.

$2,800,000
4,739 SqFt. 226113912 MLS
5.6% ASSUMABLE LOAN! Welcome to 1928 21st Street a newly constructed, turnkey 6-unit apartment building located in the highly desirable and walkable Poverty Ridge neighborhood of Midtown Sacramento. Completed in November 2024, this fully leased investment property offers a rare opportunity to own modern multifamily real estate in a premium Sacramento location. Each of the six thoughtfully designed one-bedroom units features soaring ceilings, custom doors and windows, abundant natural light, efficient floor plans, and high-end finishes throughout. Every unit includes its own washer and dryer hookups as well as private outdoor space, with each residence offering a patio or balcony and select units featuring multiple balconies. The approximately 4,739-square-foot building generates strong, stabilized rental income totaling $16,500 per month, providing investors with an attractive income-producing asset with the benefits of newer construction and reduced near-term maintenance. Perfectly situated in historic Poverty Ridge, the property is within walking distance of light rail, Downtown Sacramento, restaurants, cafs, shopping, entertainment, and local parks. The combination of modern construction, private outdoor spaces, desirable unit amenities, strong rental income, and an exceptional central location makes 1928 21st Street a standout investment opportunity. Whether you're expanding an existing multifamily portfolio or seeking a low-maintenance, high-performing Sacramento asset, 1928 21st Street offers an exceptional combination of location, quality, and income.

1928 21st Street, Sacramento

Listing courtesy of eXp Realty of California Inc..

$1,050,000
4,842 SqFt. 226111705 MLS
Foresthill Apartments presents a rare opportunity to acquire five detached single-family residences situated together on one approximately one-acre parcel. The offering combines the privacy and livability of individual homes with the operational efficiencies of a single multifamily investment. The property consists of three (3) two-bedroom one-bath homes and two (2) three-bedroom two-bath homes. Each residence is single-story and includes a private fenced yard, in-unit washer/dryer hookups, an attached garage, central HVAC, and a 250 gallon propane tank. With no shared walls and a quiet residential setting, the property offers a compelling alternative to conventional apartment living.

25080 Foresthill Road, Foresthill

Listing courtesy of North Valley Real Estate Advisors.

$2,100,000
11,000 SqFt. 226112496 MLS
The Poplar Place Apartments is a well-maintained 22-unit multifamily property located at 310 W. Poplar Street in Stockton, California. The asset presents a stable investment opportunity with solid in-place income in a growing Central Valley market. The property features a desirable unit mix of twenty-two (22) 1-BD / 1-BA units, appealing to consistent demand for affordable and efficient housing. On-site amenities include owned laundry facilities with a laundry room on each floor, a manager's office, storage/maintenance space, and security cameras. Solar panels installed in 2018 help offset utility expenses, and each floor is equipped with 100-gallon water heaters for added efficiency. Units offer a functional mix of vinyl plank and tile flooring, along with wall heating and air conditioning. Select units include ceiling fans and dishwashers, while all units are equipped with gas stoves, microwaves, and garbage disposals, providing everyday convenience and supporting tenant retention.

310 W Poplar Street, Stockton

Listing courtesy of Colliers Parrish Intenational Inc..

$3,960,000
16,496 SqFt. 226108414 MLS
Rare Downtown Grass Valley Multifamily Investment OpportunityDiscover an exceptional addition to your commercial portfolio in a highly desirable, high-demand downtown Grass Valley location. This premium 18-unit apartment community features a uniform layout of highly sought-after 2-bedroom units, catering perfectly to the area's robust and consistent rental demographic. Reflecting a stellar history of 100% occupancy with zero historical vacancy, the asset yields strong, predictable cash flow from day one. Under meticulous long-term management, the property exemplifies true pride of ownership and has been preserved in immaculate, turn-key condition. Ideal for the discerning investor seeking a stabilized, low-maintenance asset in a premier Northern California submarket.

205 Washington Street, Grass Valley

Listing courtesy of Core Real Estate Brokerage.

$2,200,000
9,720 SqFt. 226108329 MLS
RARE NEVADA COUNTY INVESTOR OPPORTUNITY! Turnkey, high-performing 10-unit apartment building offering strong cash flow and an exceptionally desirable asset mix. Perfect for a portfolio addition or 1031 exchange in a high-demand rental market. Ideal Asset Mix: 10 uniform 2-bedroom units maximize rental yield and tenant retention. 100% Occupied: Stable, proven income stream with a track record of zero vacancy. Turnkey Condition: Meticulously maintained throughout, showing true pride of ownership. Tenant Amenities: On-site laundry facility and private individual tenant storage areas. Ample Parking: Plentiful off-street parking accommodates both residents and guests. Low Overhead: Professional, low-maintenance landscaping keeps operating expenses minimal. Prime Location: Highly convenient access to local schools, shopping districts, and parks. Don't miss this rare, low-maintenance multi-family gem in a high-tenancy area!

669 S Auburn Street, Grass Valley

Listing courtesy of Core Real Estate Brokerage.

$1,270,000
3,824 SqFt. 226109999 MLS
770 Bowles Street presents a rare opportunity to acquire six income-producing residences on an expansive, fully fenced 0.71-acre parcel. The property features five bungalow-style two-bedroom units plus one larger residence configured for co-living, creating a diversified rental portfolio in one location. Highlights include abundant off-street parking, on-site laundry, storage, a pool and generous shared outdoor space. With approximately 31,102 square feet of land, multiple residences and an established rental operation, this distinctive property subtly known as Bella Court offers the space, versatility and long-term potential investors are looking for. Please do not disturb occupants. Tours are available by appointment only.

770 Bowles Street, Sacramento

Listing courtesy of Capital City Real Estate.

$795,000
3,782 SqFt. 226109120 MLS
Prime Richmond Investment: Fully Renovated Six-Unit Apartment Complex Seize a remarkable turnkey opportunity with this exceptionally well-maintained, six-unit apartment building in Richmond, Featuring an ideal, high-demand unit mix, this property offers investors a high-yield, low-maintenance asset ready to elevate any real estate portfolio. Property Overview & Unit Mix Total Units: 6 spacious apartments 1-Bed / 1-Bath: 3 units (approx. 800 sq. ft. each) 2-Bed / 1-Bath: 3 units (approx. 1200 sq. ft. each) Security: Fully fenced with a secure gated entrance Utility Structure: Tenants responsible for all utilities Recent Premium Renovations Upgraded Electrical: Brand new electrical panels installed for modern safety and capacity. Fresh Modern Interiors: Brand new paint and professional flooring throughout. Comfort Upgrades: Newly installed, plush carpeting in living and bedroom areas. Desirable Tenant Amenities Generous Living Spaces: Exceptionally large layouts ranging from 800 to 1,200 sq. ft. On-Site Laundry: Dedicated common area laundry room adding tenant convenience. Expansive Outdoors: Large, welcoming common areas designed for relaxation and socializing. Prime Location & Accessibility Commuter Friendly: Immediate, convenient highway access to I-580. Bay Area Connectivity: Easy transit routes to San Francisco, Oakland, and Marin County. Convenience: Positioned near local shopping, dining, and public transportation hubs. This property perfectly balances immediate cash flow, spacious layouts, and long-term appreciation. Don't miss out on adding this fully upgraded, secure income producer to your portfolio. Property is sold as is.

419 B Street, Richmond

Listing courtesy of Simple Realty.

$2,450,000
6,050 SqFt. 226107393 MLS
The Heitzeberg Group of Marcus & Millichap is pleased to present 828 D Street Apartments (the Davis Bungalows), an 8-unit multifamily community located in the heart of Davis, California. Built in 1964 and comprehensively renovated in 2023-2024, this well-maintained asset offers investors the opportunity to acquire a stabilized, income-producing property in one of Northern California's most supply-constrained rental markets, anchored by the University of California, Davis. The Davis Bungalows consist of a diverse unit mix, including four 1-bedroom/1 bathroom units averaging 600 square feet, three 2-bedroom/1-bathroom units averaging 850 square feet, and one 3-bedroom/2-bathroom unit spanning 1,100 square feet, totaling 6,050 rentable square feet on a 12,632 square-foot lot. This range of unit types allows the property to serve a broad spectrum of renters from single UC Davis graduate students and staff to small families while supporting stable occupancy, currently running at 96.5%, and consistent demand.

828 D Street, Davis

Listing courtesy of Marcus & Millichap Real Estate.

$800,000
2,400 SqFt. 226106896 MLS
The Harding Way Apartments present a unique multifamily investment opportunity consisting of three duplexes on one parcel, totaling six well-appointed 1-bedroom/1-bathroom units. Each approximately 400 square foot unit has been fully remodeled, providing a turnkey investment with modern interiors and minimal near-term renovation needs. Every unit also features recessed lighting throughout, a private driveway, fenced front yard, and private backyard, offering a level of privacy and outdoor space uncommon among smaller multifamily properties. Located along E. Harding Way in Stockton, the property combines individual-unit amenities with the operational efficiencies of a 6-unit multifamily asset.

2517 E Harding Way, Stockton

Listing courtesy of Colliers Parrish Intenational Inc..

$524,900
3,831 SqFt. 226103987 MLS
Up for sale is a unique five-unit property on Second Street, backing directly to the Feather River levee. The property consists of two duplexes and a single-family home, offering plenty of space while maintaining a peaceful, established feel. The units have been well maintained for this price point, with partial updates throughout. Many of the residents are long-term tenants, and there is a comfortable sense of community among those who call the property home. Mature trees line the front drive, giving the property shade and character. Tucked into the corner is a garden area with chicken coops, adding to its relaxed, almost country-like atmosphere. Five units. Two duplexes. One house. Mature landscaping. Long-term tenants. And the Feather River levee just beyond the property. There's a lot of charm hereand a lot of potential for the next owner.

291 2nd Street, Yuba City

Listing courtesy of Lisa Drake Properties.

$850,000
3,510 SqFt. 226102571 MLS
Welcome to 7216 Orral St, a five-unit multifamily property situated on a corner lot in Oakland, offering approximately 3,510 rentable square feet on a 4,880-square-foot lot. The property consists of two separate buildings, including a single-story duplex and a two-story triplex, with a unit mix of four 1-bedroom, 1-bathroom units and one 2-bedroom, 1-bathroom unit. Off-street parking and separate unit entrances add convenience for residents. The interiors offer practical, comfortable layouts with carpeted living areas, large bay windows that bring in plenty of natural light, ceiling fans, built-in shelving, and fireplaces with tile surrounds. Kitchens feature gas ranges, full-size refrigerators, white cabinetry, wood-plank style flooring, and dedicated laundry hookups with window ventilation. Bathrooms include modern vanities, medicine cabinets, and tiled shower and tub combinations. The exterior offers durable siding, low-maintenance paved grounds, and gated perimeter fencing. With its corner-lot setting, multiple-unit configuration, and functional layouts, 7216 Orral St presents a solid multifamily investment opportunity in Oakland.

7216 Orral Street, Oakland

Listing courtesy of PMZ Real Estate.

$999,999
11,811 SqFt. 226101549 MLS
A massive 3-story, 30,000 SF mixed-use building in the heart of downtown Stockton, offered at $999,999. That's not a typo... A professionally appraised as-is value of $2,400,000 and you're getting in at less than half!! A blank canvas sitting on one of the most strategically located parcels in downtown Stockton. Zoned CD (Central Downtown), 30,000 SF of raw potential, and a price point that gives the right developer an almost unfair head start. Bring your vision. Bring your team... The upside is yours to define. Downtown Stockton is moving. Revitalization dollars are flowing, investor interest is surging, and the demand for urban residential and retail space is growing fast. - Appraisal & due diligence materials available upon request All inquiries to listing agent.

445 E Main Street, Stockton

Listing courtesy of Real Broker Technologies.

$3,199,999
8,221 SqFt. 226097083 MLS
Looking for an investment opportunity in Sacramento? This 14-unit garden apartment building boasts a prime location, just two blocks from the Capital and downtown attractions. Key Features: * Diverse unit Mix: 4 studios, 8 One-Bedroom units, 1 Two-Bedroom unit, 1 Three-Bedroom/Two-Bathroom (1490 sq. ft. two story, currently renting for $2649/month) * Additional income streams: On-site parking and owner-owned coin-operated washer/dryer contribute to the income * Low Maintenance: no on-site property manager is needed * Recent Upgrades: New 100-gallon High Efficiency water heater for the entire building partially remodeled two-bedroom unit Fresh exterior paint Brand new roof and dry rot associated with roof completed last month (1/2026) All new windows being installed and to be completed by (7/2026) *Income Growth Potential: Rents are increased as leases expire. The property offers a fantastic opportunity for investors seeking a well-maintained building with strong rental income and future potential in a highly desirable location.

1720 N Street, Sacramento

Listing courtesy of Wildwood Properties.

$985,000
3,990 SqFt. 226095786 MLS
This well maintained apartment complex located in the heart of Placerville is perfect for anyone looking to diversify their portfolio or start their real estate investment journey. This 5-plex has five 2bd/1ba units, each with a 1 car garage with washer/dryer hookups, & a fenced backyard. The fenced backyard provides a secure and private outdoor retreat for each unit. 3 new A/C systems were installed in the last 24 months. Residents will enjoy a sense of community while being close to local shops, dining, entertainment, & the proximity to historic downtown Placerville. Whether you're a seasoned investor or new to real estate, this property has 5 current tenants for immediate income plus the possibility of future appreciation.

635 Weaver Way, Placerville

Listing courtesy of eXp Realty of California, Inc..

$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..

$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..

$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.

$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.

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