5756 Nina Way

Sacramento, CA 95824

$1,695,000
Price
1
Beds
1
Bath
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

The DeLoney Group of Marcus & Millichap is pleased to present 5756-5760 Nina Way Apartments, a captivating 12-unit apartment community located in Sacramento, California. The community features 1 studio unit with 425 rentable square feet, 7 one-bedroom/one-bathroom units with 625 rentable square feet, and 4 two-bedroom/one-bathroom units with 775 rentable square feet. The purchaser of this community will enjoy a favorable and diverse unit mix with an immediate value-add component and rental upside...The DeLoney Group of Marcus & Millichap is pleased to present 5756-5760 Nina Way Apartments, a captivating 12-unit apartment community located in Sacramento, California. The community features 1 studio unit with 425 rentable square feet, 7 one-bedroom/one-bathroom units with 625 rentable square feet, and 4 two-bedroom/one-bathroom units with 775 rentable square feet. The purchaser of this community will enjoy a favorable and diverse unit mix with an immediate value-add component and rental upside potential. Residents have the benefit of off-street parking, a spacious onsite laundry room with personal storage lockers, and convenient access to several shopping centers nearby. The market comparable suggest a 25% loss-to-lease upside thesis with moderate turn quality upgrades. The next investor will have a clear strategy to continue the renovations on the remaining units and bring rents up to neighborhood level. The property is a short short drive from Ca-Hwy 99, allowing residents to enjoy seamless connectivity to Sacramento's bustling Midtown/Downtown, unlocking a world of employment opportunities and entertainment options.
  1. Listed by David DeLoney • DRE #02045150 • Marcus & Millichap Real Estate

Property Details for 5756 Nina Way

Parking Features
Open, Street
Zoning
Residential
LISTING UPDATED: 09/09/2024 11:53 AM

Property Details for 5756 Nina Way

StatusActive
MLS #224100562
Days on Compass11
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 5 or More Units
Year Built1962
Lot Size0.26 AC / 11,469 SF
CountySacramento County

Building Information for 5756 Nina Way

Stories2Residences12Year Built1962Building Size-Lot Size0.26 AC / 11,469 SF

Property Information for 5756 Nina Way

Summary
Location and General Information
  • Area/District: 10824
  • Area Short Display: 10824
  • Cross Street: Southwest Ave
  • City: Sacramento
  • County: Sacramento
  • State: CA
  • Zip Code: 95824
  • Zip Plus 4: 1604
  • Directions to Property: From CA 99 freeway, turn east on Fruitridge Rd, right on stockton blvd, right on southwest ave, and right on Nina way. Property is on west side of the street.
Taxes and HOA Information
  • APN: 026-0251-016-0000
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
  • Association: No
  • Association Fee: $.00
School Information
  • School District (County): Sacramento
  • Elementary School District: Sacramento Unified
  • Middle or Junior School District: Sacramento Unified
  • Senior High School District: Sacramento Unified
Parking
  • Covered Spaces: 0
  • Independent Parking Spaces: 0
  • Carport Spaces: 0
  • Garage Spaces: 0
  • Total Parking Spaces: 10
  • Tandem Parking Spaces: 0
  • Open Parking Spaces: 0
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Year Built Source: Assessor Agent-Fill
  • Lot Size Acres: 0.2633
  • Lot Size Source: Assessor Auto-Fill
  • Lot Size Square Feet: 11469.0
  • Lot Features: Sidewalk
Property and Assessments
  • Year Built: 1962
  • Picture Count: 17
  • Photos Provided By: Agent
  • Elevation: 0
  • Property Disclaimer: All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. <BR> All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. <BR> Copyright</A> &copy; 2024, MetroList Services, Inc. <BR> Any offer of compensation in the real estate content on this site is made exclusively to Broker Participants of the MetroList® MLS & Broker Participants of any MLS with a current reciprocal agreement with MetroList® that provides for such offers of compensation.
  • Census Tract: 46.03
  • Actual or Scheduled: Scheduled
Green Features
  • Green Verification Year: 0
Utilities
  • Sewer: Public Sewer
  • Utilities: Electric
  • Water Source: Meter on Site
Interior and Exterior Features
Exterior Features
  • # of Floors: 2
  • # of Guest Space(s): 0
  • # Of Buildings: 1
  • Construction Materials: Stucco, Wood
  • Foundation: Raised
  • Stories: 2
  • Roof: Shingle
Interior Features
  • Heating: Wall Furnace
  • Laundry Features: Coin Operated, Washer/Dryer Leased, In Common Area
  • Cooling: Wall Unit(s)
  • Flooring: Varies by Unit
  • # of Rooms: 0
Room Information
1 Bedroom Unit
  • # of 1 Bedroom Units: 7
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 0
2 Bedroom Unit
  • # of 2 Bedroom Units: 4
  • 2 Bedroom Annual Occupancy: .00%
  • # of 2 Bedrooms Occupied: 0
3 Bedroom Unit
  • # of 3 Bedroom Units: 0
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 0
4 Bedroom Unit
  • # of 4 Bedroom Units: 0
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Multi Family
Multi-Family Information
  • # Commercial Units: 0
  • Total # Owner Occupied: 0
  • # Studios Occupied: 0
  • # of Studio Units: 1
  • # Of Units Total: 12
  • Total # Leasable: 12
  • Num of Units: 12
Unit 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Full Baths: 1
  • Unit 1 Partial Baths: 0
  • Unit 1 Rent: $1,395.00
  • Unit 1 Approx SqFt: 625.0
  • Unit 1 SqFt Source: Owner
  • Unit 1 # of Rooms: 3
Unit 2
  • Unit 2 Bedrooms: 0
  • Unit 2 Full Baths: 0
  • Unit 2 Partial Baths: 0
  • Unit 2 Rent: $.00
  • Unit 2 Approx SqFt: 0.0
  • Unit 2 # of Rooms: 0
Unit 3
  • Unit 3 Bedrooms: 0
  • Unit 3 Full Baths: 0
  • Unit 3 Partial Baths: 0
  • Unit 3 Rent: $.00
  • Unit 3 Approx SqFt: 0.0
  • Unit 3 # of Rooms: 0
Unit 4
  • Unit 4 Bedrooms: 0
  • Unit 4 Full Baths: 0
  • Unit 4 Partial Baths: 0
  • Unit 4 Rent: $.00
  • Unit 4 Approx SqFt: 0.0
  • Unit 4 # of Rooms: 0
Income & Expenses
  • Income Includes: Rent Only, Laundry
Rental
Rent Information
  • Lease Term: Month To Month
  • Lease Deposit: 0.0
  • Studio Annual Occupancy: .00%
  • Tenant Pays: Electricity

Property History for 5756 Nina Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5756 Nina Way

Taxable ValueLand$286,526Additions$1,199,165Total$1,485,691
Tax Record2023$16,965 ($1,414 / month)
Home Facts
Total Finished SqFt7,948 SqFtAbove Grade Finished SqFt7,948 SqFtStories2Lot Size11,470 SqFtStyleMulti-Family Res (5+ Units)Year Built1962ZoningRD-20CountySACRAMENTOAPN026-0251-016-0000

Schools near 5756 Nina Way

This home is within Sacramento City Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Ethel I. Baker Elementary School
PublicK to 6

Will C. Wood Middle School
Public7 to 8

Hiram W. Johnson High School
Public9 to 12

West Campus
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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5756 Nina Way is a multi-family home for sale in Sacramento, CA 95824. This property was listed for sale on September 9, 2024 by Marcus & Millichap Real Estate, it's currently listed at $1,695,000. It has been on the market for a total of 11 days and was last sold on May 3, 2021. This listing's school district is Sacramento City Unified School District. Nearby schools include Ethel I. Baker Elementary School, Will C. Wood Middle School and Hiram W. Johnson High School. 5756 Nina Way is a 1-bed, 1-bath, multi-family home built in 1962.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap Real Estate, David DeLoney, DRE #02045150

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