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3120 Howe Ave, Sacramento, CA, 95821

--beds
--baths
15,408sqft
$3,700,000
$240price/sqft
$25,343/moest. monthly cost
$1,013,720/yrincome needed

About This Home

Golden Tee Apartments offers investors the rare opportunity to acquire a well-maintained 25-unit multifamily community located in the highly desirable Arden-Arcade submarket of Sacramento. Situated along the prominent Howe Avenue corridor, the property benefits from exceptional visibility, strong tenant demand, and convenient access to the region's largest employment, retail, and healthcare centers. The property's central location places residents within minutes of Arden Fair Mall, California State University, Sacramento, Kaiser Permanente Medical Center, Cal Expo, and the Business 80 and Highway 50 freeway corridors. This highly accessible location continues to attract a diverse renter base seeking proximity to employment, education, shopping, dining, and entertainment. Golden Tee Apartments presents investors with the opportunity to acquire a stable cash-flowing asset while capitalizing on continued rental growth and operational upside.

Getting Around

41
WalkingCar-Dependent
43
TransitSome Transit
72
BikeVery Bikeable

Schools

2/10
2/10
Katherine Johnson MiddleGrades 6-81.3 mi
1/10

Construction

Condition

  • Year built: 1972

Materials

  • Construction materials: Stucco,Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: Coin Operated,Common Area,Laundry Equip - Leased

Basement

  • Basement: None

Features

  • Updated Kitchen
  • Flooring: Laminate,Tile,Carpet

Heating & Cooling

  • Heating features: Forced Air,Wall Furnace
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total structure area: 15,408
  • Total interior livable area: 15,408 sqft

Property

Details

  • Parcel number: 2660032022000
  • Special condition: Standard

Features

  • Exterior features: No Yard

Lot

  • Lot size: 0.80 Acres
  • Features: Other

Parking

  • Parking features: Assigned

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding

FEMA Declared Disasters in Sacramento County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $18,709$224,508
Home Insurance *$987$11,844
Property Taxes $2,343$28,116
Electricity $3,304$39,648
Total$25,343$304,116
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$868,902/yr
40% on housing$760,290/yr
45% on housing$675,813/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.7%
7.7%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.9%
0.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$240This listing

vs Other Active Listings

Avg $/sqft

ZIP 95821$247
Sacramento County$265

vs Homes Sold Last Month

Median $/sqft

ZIP 95821$325
Sacramento County$320

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-24Listed for sale$3,700,000
2024-10-26Listing removed$1,450
2024-10-24Listed for rent$1,450
2024-09-12Listing removed$1,450
2024-06-11Price change$1,450
2023-12-22Price change$1,350
2023-06-08Listed for rent$1,300
2021-10-01Listing removed--
2021-08-12Listed for rent$995
2019-12-05Listing removed$895
2019-10-04Listed for rent$895
2019-06-12Listing removed$795
2019-04-05Listed for rent$795
2012-05-17Listing removed$575
2012-04-17Listed for rent$575

For Sale by Agent

AgentJonathan Minerick
BrokerageHOMECOIN.COM

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