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  • $1,405,000

    2520 Northrop Ave, Sacramento, CA 95825

    14beds
    7,000sqft
    : 
    $9,390/mo
    Get pre-qualified
    5 or More Units
    Built in 1969
    -- sqft lot
    $1,349,400 Zestimate®
    $201/sqft
    $-- HOA

    What's special

    Eight spacious apartment homesModern finishesGranite countertopsRefreshed cabinetry
    Northrop Arms, an eight-unit apartment community located at 2520 Northrop Avenue in Sacramento, California. Situated in the desirable south Arden-Arcade submarket, the property offers investors a well-maintained asset with an attractive unit mix, proven rental upside, and additional rental income through a stratetgic renovation program. Built in 1969, Northrop Arms consists of eight spacious apartment homes featuring an efficient mix of two one-bedroom/one-bathroom units approximately 650 square feet each and six two-bedroom/one-bathroom units approximately 850 square feet each. The larger than average floor plans appeal to a large resident base and broad demographic. Current ownership has completed selective interior renovations throughout the property. Upgraded units feature luxury vinyl plank flooring, granite countertops, refreshed cabinetry, and modern finishes, providing an attractive living environment while allowing a new owner the opportunity to continue renovating the remaining units and capture additional rental upside over time. Northrop Arms enjoys an exceptional south Arden Arcade location with immediate access to major transportation corridors, placing residents within minutes of Sacramento State University, Cal Expo, Kaiser Permanente, Downtown Sacramento, and many of Sacramento's largest employment centers. Northrop Arms represents an excellent opportunity to acquire a stable, well-located apartment community with a desirable unit mix, meaningful value-add potential through continued unit renovations, and strong long-term fundamentals in one of Sacramento's most established rental markets.
    23 days
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    342
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    22
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    Zillow last checked:

    Listing updated:

    Listed by:

    David DeLoney DRE #02045150 916-832-8571,

    Marcus & Millichap Real Estate

    Source: MetroList Services of CA,MLS#: 226090166Originating MLS: MetroList Services, Inc.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 14
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Laundry: Other
      Features
      • Flooring: Vinyl
      • Has fireplace: No
      Interior area
      • Total structure area: 0
      • Total interior livable area: 7,000 sqft

      Property

      Parking
      • Total spaces: 13
      • Parking features: Off Street
      Lot
      • Size: 0.27 Acres
      • Features: Landscape Back, Landscape Front
      Details
      • Zoning: RES
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: 5 or More Units
      Materials
      • Stucco
      • Foundation: Slab
      Condition
      • Year built: 1969

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: City

      Community & HOA

      Location
      • Region: Sacramento

      Financial & listing details

      • Price per square foot: $201/sqft
      • Price range: $1.4M - $1.4M
      • Date on market: 7/16/2026
      • Income includes: Rent Only

        Estimated market value

        $1,349,400

        $1.28M - $1.42M

        $1,343/mo

        Price history

        DateEventPrice
        7/16/2026Listed for sale$1,405,000+75.8%$201/sqft
        Source: MetroList Services of CA #226090166 Report a problem
        2/2/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        1/26/2022Listed for rent$1,595
        Source: Zillow Rental Manager Report a problem
        11/22/2005Sold$799,000$114/sqft
        Source: MetroList Services of CA #50026521 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Arden-Arcade

        Getting around

        74 / 100
        Very Walkable
        34 / 100
        Some Transit
        70 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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