3120 Howe Avenue

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Active
$3,700,000
15,408 sqft
3120 Howe Ave, Sacramento, CA 95821
Est: $21,866/moGet pre-approved
OtherProperty Type
0.81 acresLot Size
1972Year Built
$240/sq ftPrice per sq ft

Description

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...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.
56 days on Market
  • Listed by: Jonathan Minerick DRE #01523060 • HOMECOIN.COM
Last updated: 07/31/2026 01:18 AM • Source: EBRD, MLS#: 41142692

Location

Listing Courtesy of HOMECOIN.COM, Jonathan Minerick, DRE #01523060
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$21,866 per month

30 year fixed, 6.71% Interest

Principal and Interest

$19,120

Property Taxes

$2,747

HOA Dues

$0

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Property Information for 3120 Howe Avenue

Property Details
  • Taxes: $32,958 / year
  • MLS Type: RESIDENTIAL INCOME / OTHER
  • County: Sacramento County
  • City: SACRAMENTO
  • Dist Neighborhood Subdiv: None
  • Building Type: OTHER
  • Property Sub Type: OTHER
  • Garage/Parking: Assigned Spaces
  • Park Spaces Total: 28
Building Information
  • Residences: 25
  • Year Built: 1972
  • Lot Size: 0.81 AC / 35,112 SF
Features
Feature Details
  • Flooring: Laminate, Tile, Carpet
  • Laundry: Coin Operated, Common Room, Laundry Equip - Leased
Utility Details
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air 1 Zone, Wall Furnace
  • Solar: None
Lot / Property Details
Home Owners Association
  • HOA Amenities: None
Property Details
  • Additional Equipment: Security Fence, Smoke Detector(s), Video System, All Utilities, Individual Electric Meter
  • Exterior: Stucco, Wood Frame
  • Lot Description: Other
  • Lot Sq Ft Apx: 35112
  • Lot Size Square Feet: 35112.0
  • Roof: Composition Shingles
  • Sq Ft Apx: 15408
  • Yard Description: No Yard
  • Year Built: 1972
  • Acres: 0.8
Location Details
  • Directions to Property: Take I-80 E,, Turn left onto Auburn Blvd, Turn right onto Howe Ave
  • FIPS Code: 06067
  • Parcel Number: 266-0032-022-000
  • Printed Neighborhood Rpt: No
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • All Units Have: Disposal, Updated Kitchen
  • Units Total: 25
  • Basement: None
  • Miscellaneous Features: None
  • Parking Description: Spaces - Assigned
  • Separate Meters: Electric, Gas
  • Existing Lease Terms: Security Deposit, Written Agreement, Year Lease
  • Tenant Pays: Electric, Gas
  • Total Deposits: $37,632
  • Financial Data Source: Owner
  • Addl Property Description: Stabilized Assset with Upside Potential Parking Available Central Air Conditioning Ceiling Fans Remodeled Units Walk-In Closet Laundry On Site
Income / Expense Details
  • Annual Expense Year: 2025
  • Annual Taxes $: $32,958
  • Annual Gross Fee Income: $406,433
  • Annual Gross Sched Income: $425,000
  • Annual Miscellaneous Income: $1,553
  • Annual Rental Income: $22,554
  • Gross Oper Income (Act): $406,433
  • Net Operating Income: $272,264
  • Annual Insurance Expense: $14,930
  • Annual License Expense: $1,000
  • Annual Maintance Expense: $22,554
  • Annual Management Expense: $14,040
  • Annual Total Oper Expense: $134,169
  • Annual Utility Expense: $31,837
  • Annual Vacancy Expense: $12,000
  • Operating Expenses: Garbage Collection, Insurance, License/Ads, Maintenance/Repair, Management, Property Tax/Assessments, Trash Removal, Utilities, Vacancy Factor, Water
  • Other Annual Expense: $25,000
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: None
  • Total Deposits: 37632
Additional Information
Additional Information
  • Fireplace: No

Property History for 3120 Howe Avenue

DateEvent & SourcePriceAppreciation
Jul 24, 2026

Listed (Active)

MLSListings #EB41142692

$3,700,000—
Jul 24, 2026

Listed (Active)

EBRD #41142692

$3,700,000—
DateEvent & SourcePrice
07/24/2026

Listed (Active)

MLSListings #EB41142692

$3,700,000
07/24/2026

Listed (Active)

EBRD #41142692

$3,700,000

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

Schools near 3120 Howe Avenue

This home is within San Juan Unified School District.
Rating
School
Type
Grades
Distance
Dyer-Kelly Elementary School
Public - K to 5
Aspire Alexander Twilight Secondary Academy
Charter - 6 to 12
Encina Preparatory High School
Public - 9 to 12
Aspire Alexander Twilight College Preparatory Academy
Charter - K to 5
Rating
School
Distance
Dyer-Kelly Elementary School
PublicK to 5

Aspire Alexander Twilight Secondary Academy
Charter6 to 12

Encina Preparatory High School
Public9 to 12

Aspire Alexander Twilight College Preparatory Academy
CharterK to 5

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.

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More information about 3120 Howe Avenue, Sacramento, CA 95821

3120 Howe Avenue is for sale in Sacramento, CA 95821. This property was listed for sale on July 24, 2026 by HOMECOIN.COM, it's currently listed at $3,700,000. This listing's school district is San Juan Unified School District. Nearby schools include Dyer-Kelly Elementary School, Aspire Alexander Twilight Secondary Academy and Encina Preparatory High School. 3120 Howe Avenue is a 0-bed, 0-bath, 15,408 sqft built in 1972.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of HOMECOIN.COM, Jonathan Minerick, DRE #01523060

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.