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$1,000,000
1,764 SqFt. 226049388 MLS
Rare 13-unit mixed-use income opportunity in Sacramento's Gardenland neighborhood, delivering immediate cash flow at a 6.88% cap rate. Priced at $1,150,000 ($88,462/unit) on a 0.47-acre corner lot. Diversified rent roll spans seven individually metered RV pads, four detached studios in a single-story four-plex, one cottage-studio, and one cottage-one-bedroom generating $134,400 in gross annual rental income. RV tenants pay their own electric (owner reads individual meters monthly and bills back) plus propane; city water, sewer, and garbage are included. The four-plex and cottages are wood-frame construction originally built in 1949. Central North Sacramento location 1.4 miles from Arden/Del Paso Station and within walking distance of Northgate Plaza; Walk Score 74, Bike Score 93. Quick access to I-5, I-80, and Downtown Sacramento; 11 miles to Sacramento International Airport. Twin Rivers Unified School District. Ideal for a 1031 exchange buyer seeking stabilized small-footprint cash flow with organic rent-growth potential. Contact listing agents for financials, rent roll, and tour scheduling.

420 cleveland Avenue, Sacramento

Listing courtesy of Commercial R.E. Investors, Inc.

$699,900
3,385 SqFt. 226048920 MLS
Immaculately updated and ideally located in the heart of Stockton, this turnkey 6-unit apartment building is a standout investment opportunity. Unit Mix: 3 Studios 2 Spacious 1-Bedrooms 1 Large 2-Bedroom Unit Property Highlights: Full Renovation - Modern upgrades throughout, inside and out State-of-the-Art Amenities - New flooring, lighting, fixtures, granite countertops & updated kitchens Stylish Bathrooms - Fully remodeled with sleek, contemporary finishes Energy-Efficient - Dual-pane windows enhance comfort and reduce utility costs Prime Location - Strong rental demand in a desirable area Assumable Loan - Take over a low 4.5% APR loan (inquire for details) Perfect for seasoned investors or those entering the market this is a rare turnkey opportunity with built-in cash flow potential!

1107 N Commerce Street, Stockton

Listing courtesy of Reliance Real Estate, Inc.

$915,000
3,840 SqFt. 326031678 MLS
424 San Marco St is a well-positioned multifamily asset comprised entirely of 2-bedroom, 1-bathroom units, a desirable unit mix that supports lower tenant turnover and reduced turnover costs. This offering presents a compelling value-add opportunity with key capital improvements already completed, including vinyl windows and upgraded electrical panels. Ownership has demonstrated the potential for increased income, with rents exceeding $1,800 in at least one unit. The property offers tuck-under parking for all tenants, along with additional street parking for guests. Designed for operational efficiency, the asset benefits from low-maintenance landscaping, wall-mounted HVAC systems, concrete driveway and walkways, and a newly constructed trash enclosureall contributing to reduced ongoing capital expenditure needs.

424 San Marco Street, Fairfield

Listing courtesy of Reimer Real Estate, Inc..

$650,000
3,002 SqFt. 226038701 MLS
Back on market no fault to seller Don't miss this versatile 5-unit income property ideally located just off the freeway in the growing city of Merced. Featuring four 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, this property offers a desirable unit mix with strong rental appeal. All units have been fully remodeled, offering modern finishes that attract quality tenants and reduce immediate maintenance costs. The property also features private, secured entry with fencing, providing added privacy and peace of mind for residents. Two units are currently vacant and ready for immediate occupancy or rental, giving you the opportunity to set market rents from day one. Perfect for both seasoned and first-time investorslive in one unit and rent out the others to offset your mortgage, or fully lease the property for maximum cash flow. With convenient freeway access, this location is ideal for commuters, making it a highly desirable rental location. Endless possibilities expand your portfolio, generate passive income, or house hack your way into real estate investing.

72 E 12th Street, Merced

Listing courtesy of EXIT Realty Consultants.

$1,870,000
4,287 SqFt. 226034517 MLS
871-897 Vermont Avenue is a diversified multifamily investment opportunity located in Turlock. The property consists of nineteen (19) income-producing units, including nine (9) 2-bedroom/1-bath units, one (1) 1-bedroom/1-bath unit, and nine (9) trailer home stalls, offering a balanced mix of traditional multifamily and land-lease income streams. Situated on approximately 1.34 acres, the property provides strong in-place cash flow with additional upside potential. Constructed in 1979-1983, the apartment units have been well maintained, with nine of the ten units extensively remodeled between 2019 and 2020. Renovations include modernized interiors, while all units feature central heating and air conditioning. The property also includes an on-site coin-operated laundry facility and six (6) personal storage closets, presenting additional income opportunities. With both unit and trailer stall rents currently below market levels, investors have a clear path to increasing net operating income through mark to market rent adjustments. The diversified unit mix and multiple income streams make it an attractive option for investors seeking both stability and growth.

871 Vermont Avenue, Turlock

Listing courtesy of PMZ Commercial Real Estate.

$6,400,000
8,539 SqFt. 326022136 MLS
A rare opportunity to own an exceptional lakefront estate, designed as a private family compound and resort-style retreat. With 500 feet of shoreline, this entertainer's paradise offers two docks, a boat launch, mini golf, in-ground trampolines, and a bocce ball court. The 4,500sf main residence features upscale finishes, a gourmet kitchen with retractable glass doors leading to an expansive lakeview deck, a private 16 seat movie theater, and wine cellar. Nestled among mature trees, seven custom cottages encircle a peaceful stream that flows into a private soaking pool. A commercial-sized pool and pavilion with an outdoor kitchen, bar, and full-service setup can host up to 250 guests. Expand capacity with the lakefront gazebo and commercial state-of-the-art kitchen. Additional lodging includes a lakefront duplex, loft above the commercial kitchen, and a secluded guest house. For added potential, reinstate the 61-site RV campground to create a unique glamping destination. With unmatched amenities and endless possibilities, this is luxury lakefront living at its finest.

6420 Soda Bay Road, Kelseyville

Listing courtesy of GUIDE Real Estate.

$3,750,000
226029417 MLS
Welcome to Union Hill Inn, a one-of-a-kind estate offering timeless charm, breathtaking grounds, and incredible versatility. Additional adjoining parcels are also available and can be bundled with the sale. These parcels are buildable and prepped with sewer and water, creating an even larger opportunity for the next owner. Set among rolling hills and beautifully landscaped grounds, this remarkable property blends historic character with endless potential. The estate features a stunning chapel capable of hosting large gatherings and ceremonies, elegant event spaces perfect for receptions and celebrations, multiple charming cottages that provide comfortable accommodations for guests, and a total of 21 bathrooms throughout the property to support large events and overnight stays. The property also includes unique spaces such as the dairy barn with its own kitchens and dining area, a welcoming hall with fireplaces and patio access, and picturesque outdoor areas including a pool, fire pit, barbecue area, and picnic spaces that invite guests to relax and enjoy the serene surroundings. With its established reputation as a destination venue and its versatile layout, Union Hill Inn presents an extraordinary opportunity for a boutique inn, bed and breakfast, wedding venue, wellness retreat, church retreat center, private estate, and so much more. The possibilities truly go on and on. Enjoy the charm of the surrounding Gold Country with restaurants, bakeries, and boutiques just minutes away in Columbia, Sonora, and Jamestown, all just a short drive from the property.

21645 Parrotts Ferry Road, Sonora

Listing courtesy of Real Broker.

$7,250,000
5,939 SqFt. 226026984 MLS
Rare trophy multifamily investment opportunity in the heart of Palo Alto, just blocks from Stanford University and vibrant downtown. Located at 251 Middlefield Rd, this iconic property was originally built in 1915 and completely reimagined in 2019, seamlessly blending historic architecture with modern luxury and high-end construction. The building features seven beautifully renovated residential units, each finished with premium materials and thoughtful design. Interiors include stainless steel appliances, granite countertops, hardwood and tile flooring, skylights, vaulted ceilings, double-pane windows, and designer finishes throughout. Units are equipped with energy-efficient mini-split systems, with select residences offering central heating for year-round comfort. The impressive penthouse residence exceeds 2,000 sq ft, offering three bedrooms, a spacious office, and two bathrooms, while the main ground-floor unit spans over 1,400 sq ft and features two luxurious master suites. Exceptional curb appeal with professional landscaping enhances the property's timeless appeal. The property also includes an approximately 2,868 sq ft finished basement (not included in the official living square footage) with private access, kitchenette, and bathroom, providing excellent value-add potential for additional income or flexible use. Additional amenities include a centralized laundry facility and automated drip irrigation for the landscaped grounds. Most units are currently utilized as corporate housing, driven by strong employment demand from nearby global technology employers including Google, Apple, Meta, and Hewlett-Packard. Fully occupied and ideally positioned, this property offers stable income, strong rental demand, and long-term appreciation potential in one of Silicon Valley's most desirable and supply-constrained markets. A rare opportunity to acquire a fully renovated legacy asset near world-class universities, technology campuses, renowned restaurants, cafes, parks, and premier amenities.

251 Middlefield Road, Palo Alto

Listing courtesy of Engel & Volkers Roseville.

$1,165,000
6,800 SqFt. 226021572 MLS
Exceptional investment opportunity in Merced, CA! This well-maintained 8-unit apartment building features (8) spacious 2-bedroom, 1-bathroom units, each approximately 850 square feet. The property offers a strong unit mix that appeals to long-term tenants, making it an ideal addition to any investor's portfolio. Each unit provides functional floor plans with comfortable living spaces, sizable bedrooms, and practical layouts designed for everyday living. With consistent rental demand in the Merced area and proximity to shopping, schools, public transportation, and UC Merced, this property is well-positioned for stable occupancy and future growth. Whether you're looking to expand your portfolio or complete a 1031 exchange, this multi-family asset offers solid income potential in a growing Central Valley market.

1962 Edwards Avenue, Merced

Listing courtesy of Soldavi Inc..

$2,249,000
5,362 SqFt. 226015104 MLS
We are proud to present 1517 17th Street an exceptional investment opportunity in the Heart of Midtown Sacramento. The subject property is a fully remodeled, turn-key multifamily asset located in one of Midtown Sacramento's most vibrant and desirable neighborhoods. This rare offering provides a compelling combination of stabilized income, recent capital improvements, and significant upside potentialall at an attractive cap rate and below-market basis. The subject property consists of 13 Units Total: (5) Standard Studios, (5) Deluxe Studios, (2) 1BR/1BA Units, and (1) Spacious 1BR/1.5BA Unit. Upgrades include a new roof (TPO, installed 6 months ago), brand-new electrical system ($150,000+ invested), modern HVAC systems (Mini Splits & PTAC). The units include open floor plans, new appliances, refinished original hardwood floors, and updated lighting throughout. As you walk into the front door you will notice the upgrades interior hallways featuring new flooring, fresh paint, LED recessed lighting, and a secured access system. Located below the first floor is an on-site manager's office, full basement for storage, and washer/dryer hookups. Utilities (except water) are already tenant-paid; a RUBS system could add $25-$75/unit monthly by passing along water, sewer, and garbage costs. 1517 17th Street is situated on the corner of 17th & Q Streets, this asset is just one block from Midtown's bustling retail and entertainment core. Residents enjoy walkable access to boutique shops, parks, popular restaurants, breweries, and nightlife. The property also benefits from alley access, mature trees, and low-maintenance landscaping, enhancing its overall curb appeal and livability. Minutes to California State Capitol, Highway 50 & Highway 80, with easy access to Sacramento's best neighborhoods and surrounding desirable areas & employment.

1517 17th Street, Sacramento

Listing courtesy of Collier's International.

$2,700,000
13,200 SqFt. 226010202 MLS
First Commercial is excited to present the Las Palmas at 233, a well-established 16-unit complex nestled in the burgeoning agricultural community of Los Banos, California. This property boasts a desirable mix of spacious two-bedroom units spread across four buildings, situated on approximately half an acre of land. Recently, the property has undergone extensive renovations, enhancing both its structural integrity and aesthetic appeal. Significant improvements include comprehensive dry rot repairs, new roof, and stucco enhancements across all buildings. Structural upgrades to decks and roof overhangs have been completed, adhering to engineers' recommendations. Modern wrought railings have been installed to meet current safety codes, alongside upgraded security measures, including monitoring cameras and high-efficiency exterior LED lighting. Additional updates encompass extensive roof repairs on all carports and fresh paint for all structures.

233 W I Street, Los Banos

Listing courtesy of RCB Real Estate.

$2,700,000
13,200 SqFt. 226010194 MLS
First Commercial is excited to present the Las Palmas at 133, a well-established 16-unit complex nestled in the burgeoning agricultural community of Los Banos, California. This property boasts a desirable mix of spacious two-bedroom units spread across four buildings, situated on approximately half an acre of land. Recently, the property has undergone extensive renovations, enhancing both its structural integrity and aesthetic appeal. Significant improvements include comprehensive dry rot repairs, new roof, and stucco enhancements across all buildings. Structural upgrades to decks and roof overhangs have been completed, adhering to engineers' recommendations. Modern wrought railings have been installed to meet current safety codes, alongside upgraded security measures, including monitoring cameras and high-efficiency exterior LED lighting. Additional updates encompass extensive roof repairs on all carports and fresh paint for all structures.

133 W I Street, Los Banos

Listing courtesy of RCB Real Estate.

$1,400,000
5,000 SqFt. 226009493 MLS
The Church Street Apartments present an attractive investment opportunity with strong value-add potential in one of Lodi's most desirable locations. The 9-unit community is situated along the quaint section of Church Street, just a short walk from Lodi's renowned Historic Downtown district, providing residents with convenient access to local shops, restaurants, entertainment, and community events. The area is also surrounded by Lodi's celebrated wineries and tasting rooms, adding to the appeal of this established and highly desirable neighborhood. The property consists of eight spacious 1-bedroom/1-bathroom units and one 2-bedroom/1-bathroom unit, offering a highly desirable unit mix. Recent capital improvements, including all-new electrical subpanels installed in 2024, help limit near-term capital needs, while the fully cemented driveway and parking lot provide a durable, low-maintenance amenity for residents and ownership. Combining a walkable Downtown Lodi location, proximity to renowned wineries and tasting rooms, below-market rents, recent electrical upgrades, and a manageable 9-unit scale, the Church Street Apartments offer an appealing blend of current stability and long-term upside.

518 N Church Street, Lodi

Listing courtesy of Colliers Parrish Intenational Inc..

$1,750,000
7,591 SqFt. 225139386 MLS
Step back in time on this 5.5-acre historic estate in Applegate, once known as Walmond, the Sierra Resort.'' Built as a retreat for San Francisco families in the late 1800s, the property includes 8 homes, with 2 larger residences and 6 cabins. Some of the cabins date back to the 1890s. The main house, approximately 3,700 sqft with 6+ bedrooms and 4.5 baths, was built around 1906. It was thoughtfully restored, and features a beautiful kitchen, virgin growth redwood, and period details throughout. It captures the grace of another era while offering modern comfort, making it the centerpiece for the estate. The second home offers 3 bedrooms and 2 bathrooms, recently renovated and used as the owners' private residence. The remaining 6 free-standing cabins are 1 bedroom/bathroom. Infrastructure includes an RV hookup, 2 septic tanks, an owned propane tank, productive wells, and 1 miner's inch of irrigation water. Opportunities to own a piece of California's early resort history are exceedingly rare. This Applegate estate offers both a connection to the past and a canvas for the futurewhether as a family haven, an income-generating property, or a one-of-a-kind retreat in the in the Sierra foothills.

790 Pine Knoll Road, Applegate

Listing courtesy of Compass.

$7,400,000
23,706 SqFt. 225127365 MLS
Midtown Sacramento Sutter House Apartment Building presents a premium 34-unit opportunity featuring 31 1-bedroom, 1-bath units and 3 stylish studio apartments. The building spans 23,706 sq ft with enhanced accessibility and income generating amenities: a laundry facility leased parking, and secure entrances. Recent upgrades include a new elevator, new electrical systems and central HVAC installations for floors 2-4, ensuring tenant comfort year-round. Emphasizing desirability, the exterior and interior common areas have been freshly painted. Ideally located, these apartments offer quick access to major city hotspots: just 1 mile from the state capital, less than 5 miles to Sacramento State University, and under 2 miles from the Golden 1 Center, fostering a thriving Midtown community.

2320 P Street, Sacramento

Listing courtesy of Intero Real Estate Services.

$2,750,000
225125423 MLS
Introducing The Pines Senior Mobile Home Park, a premier 55+ community located in the charming town of Grass Valley, CA. This unique and lucrative 28-space property, spread over 2.86 acres, offers a rare opportunity to acquire, income-producing asset in a desirable and stable market. Consists of 28 total spaces, including 21 mobile home spaces and 7 homes; 83% Occupancy with reliable income stream. City Utilities, water, and trash are pass-through to tenants; P.G.&E. natural gas and electric are direct billed. Zoning R1-1.5 in a desirable location only 5 minutes to historic downtown Grass Valley, near major freeways and Nevada County transit routes and schools. Seller Financing Available. NOI: $198,113 Cap Rate: 7.2%, GRM: 10.30. With a stable tenant base and excellent market fundamentals, The Pines Senior Mobile Home Park represents a turnkey investment with strong cash flow. The combination of a 83% occupied, senior-only community and the availability of attractive seller financing make this property an exceptional choice for investors seeking dependable income and long-term appreciation. CNDA required.

10530 Walker, Grass Valley

Listing courtesy of Two Feathers Realty.

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