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2401 24th St, Sacramento, CA, 95818

6beds
1baths
2,331sqft
$1,825,000
$783price/sqft
$11,280/moest. monthly cost
$451,200/yrincome needed

About This Home

2401 24th Street, a well-maintained 10-unit apartment community ideally positioned just minutes from Downtown Sacramento and the California State Capitol. The property features a diverse unit mix of one bedroom, two-bedroom, and studio floor plans.2401 24th Street offers investors a compelling value-add opportunity driven by both operational and rental upside, while benefiting from strong in-place fundamentals and an irreplaceable infill location. The property is in excellent physical condition, with select units recently renovated, reducing immediate capital expenditure requirements. Additionally, the property features garage parking a highly sought-after amenity in Midtown Sacramento where secure parking is limited.

Getting Around

88
WalkingVery Walkable
55
TransitGood Transit
91
BikeBiker's Paradise

Schools

9/10
7/10
Miwok MiddleGrades 7-81.3 mi
6/10

Construction

Condition

  • Year built: 1965

Materials

  • Foundation: Slab
  • Construction materials: Stucco

Type & Style

  • Home type: MultiFamily
  • Property subType: 5 or More Units

Interior

Appliances

  • Laundry features: Other

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Vinyl

Heating & Cooling

  • Heating features: Wall Furnace
  • Cooling features: Wall Unit(s)

Interior Area

  • Total structure area: 0
  • Total interior livable area: 2,331 sqft

Property

Details

  • Parcel number: 01002310030000
  • Zoning: Res
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 6,534 sqft
  • Features: Landscape Front

Parking

  • Total spaces: 14
  • Parking features: Off Street

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

How This Home’s Risks Compare

Earthquake

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 $9,228$110,736
Home Insurance *$398$4,776
Property Taxes $1,155$13,860
Electricity $499$5,998
Total$11,280$135,360
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$386,742/yr
40% on housing$338,400/yr
45% on housing$300,800/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

$783This listing

vs Other Active Listings

Avg $/sqft

ZIP 95818$379
Sacramento County$265

vs Homes Sold Last Month

Median $/sqft

ZIP 95818$476
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
2026-06-02Listed for sale$1,825,000

For Sale by Agent

AgentDavid DeLoney
BrokerageMarcus & Millichap Real Estate

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