
Sacramento, CA 95821
Analysis of 3120 Howe AVE, Sacramento, CA 95821 is currently available with a list price of $3,700,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Property is moderate renovation needed.
Built in 1972, this 50+ year old property is well-maintained but dated. The mention of 'operational upside' and the original exterior styling suggest that kitchens, baths, and systems likely exceed the 20-30 year mark and require modernization to reach market peaks.
Situated in the high-demand Arden-Arcade submarket near CSU Sacramento, Kaiser Permanente, and Arden Fair Mall, ensuring a consistent draw for students, healthcare professionals, and retail workers.
The property's position on the prominent Howe Avenue corridor provides immediate access to Business 80 and Highway 50, offering superior visibility and ease of commute for residents.
As a well-maintained 25-unit community, it offers a stable cash-flow foundation with significant operational upside and the opportunity to capitalize on rental growth in a tightening market.
Built in 1972, the asset may require increased capital expenditures for long-term maintenance or modernization of aging systems to remain competitive with newer multifamily inventory.
Frontage on the busy Howe Avenue corridor results in significant vehicular noise and congestion, which may impact tenant retention for those seeking a quieter residential environment.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.6 |
| Square foot | 15,408 | 1,911.465 |
| Lot Size | 35,112 | 6,677.419 |
| Price | $3.70M | $673.8K |
| Price per sq ft | $240 | $336 |
| Built year | 1972 | 1956 |
| HOA | $0 | $304 |
| Days on market | 47 | 55 |
Jul 24, 2026
$3,700,000
Initial Listing