1106 E, Sacramento, CA 95814, Sacramento, 95814 - bed, bath
1106 E
Sacramento, CA 95814
Property Price
SUMMARY
Analysis of 1106 E, Sacramento, CA 95814 is currently available with a list price of $2,250,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Sacramento Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Despite being built in 1900, the property has been 'completely remodeled throughout' as stated in the description. Images show recent updates including new laminate flooring, fresh paint, and updated kitchens with clean white cabinets and laminate countertops. While the materials are functional and budget-friendly (e.g., laminate counters, basic light fixtures, window AC units instead of central HVAC), the property is move-in ready and well-maintained post-renovation, aligning with the 'Good' condition criteria for a recently renovated older building.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Downtown Location
Strategically located in the heart of Downtown Sacramento, steps away from Golden 1 Arena and the Downtown Commons Entertainment District, ensuring high demand and tenant appeal.
- High Unit Count & Income Potential
A 15-unit complex with a diverse mix of units (2-bed, studio, 13 SROs) and existing long-term leases, offering diversified and stable income streams.
- Recent Extensive Remodel
The entire complex has been completely remodeled throughout, minimizing immediate capital expenditures for a new owner and enhancing tenant desirability.
CONSRISKS & DEFICIENCIES
- Age of Building
Built in 1900, despite recent remodels, an older building may still present unforeseen maintenance challenges or require significant upgrades to original infrastructure over time.
- SRO Unit Concentration
The complex includes 13 junior studio SRO units, which can sometimes lead to higher tenant turnover and more intensive management requirements compared to traditional apartment units.
- Rapid Price Appreciation
The listing price of $2.25M represents a significant increase from its last sale at $950,000 in 2023, potentially indicating an aggressive valuation and limited immediate equity growth for a new investor.
About 1106 E
Located in the Heart of Downtown Sacramento steps away from Golden 1 Arena and the new Downtown Commons Entertainment District. This unique 15 unit complex contains a spacious 2 bed 1 bath unit along with a large private studio and 13 junior studio SRO units all individually addressed with all long term leases. The whole complex has been completely remodeled throughout with own private coin operated laundry. Conveniently located near business 80 and I-5 one block away from the light rail. Across the street from the award winning Creamery roof top development in the Alkali Flats neighborhood, near restaurants and shops.
Property Details
Public Facts
- Property Type
- Multi Family
- Year Built
- 1900
- Lot Size
- 3,049.2 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sacramento Unified Schools
Washington Elementary School
Grades K-6 • 0.5 mi
William Land Elementary School
Grades K-6 • 1.3 mi
Theodore Judah Elementary School
Grades K-6 • 2.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | 4.0 | 33% |
| Baths | - | 4.0 | 33% |
| Square foot | - | 2,180 | 33% |
| Lot Size | 3,049.2 | 3,049.2 | 50% |
| Price | $2.25M | $1.62M | 67% |
| Price per sq ft | $0 | $337 | 33% |
| Built year | 1900 | 1900 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 341 | 280 | 0% |
Pricing History
Listed for Sale
Mar 31, 2025
$2,250,000
Initial Listing
Sold
Feb 7, 2023
$950,000
Public Record
Sold
Jul 17, 2002
$385,000
Public Record