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1001 - 1005 40th St. is a highly rated rental option, showcasing an overall score of 8.8 out of 10 and an impressive balance of price, value, and amenities. The property features luxury vinyl plank floors, a fully equipped kitchen, and convenient off-street parking, while its location provides easy access to public transport and top-rated schools. With a focus on pet friendliness supported by nearby amenities, this property stands out for its quality of living and transparency in its offerings.
Things you’ll love
Less expensiveHigh school nearbyDishwasherGreat for
Pet owners| 2BR/1.0BA | 2 bed | 1 bath | 630 sqft | $1,995 /mo | 1 unit available | Move-in Special!! $200.00 off the monthly rent of $2195.00 per month with the signing of a 6 month lease. Advertised rental price reflects the rent after the special is applied. The rent special expires at the end of the lease term. Your Fab 40's living opportunity is here! This beautifully designed and updated home is waiting for you! Fully equipped kitchen with stainless steel appliances, Luxury vinyl plank floors through out, spacious bedrooms and includes washer and dryer. Off street parking, walking distance to cafes and coffee. This home is in the Heart of East Sacramento and move in ready. QUALIFICATIONS: The following items are used as criteria to determine whether a resident will be accepted for a rental home with TransCapital Property Management, Inc. - The total gross income for the household must be at least 2.5 times the monthly rent. - No Evictions / Landlord Bad Debt in the Past 7 Years. - Co-signers are not accepted. - 2 Years Verifiable Combined Rental / Home Ownership History with a minimum of 1 year per applicant (excluding renting from family members) for single family homes and apartment communities of 1-4 apartments. - Having no rental history may be accepted for homes located in apartment communities of 5 or more apartments. - Positive Credit History: Scores of 660 and above are required. - Bankruptcies must be discharged for two years prior to approval of an application. Video Tour available on YouTube @TransCapitalPropertyMgmt. Search TransCapital Property Management, Inc. or 1001 40th St. Utilities: Water, Sewer, Trash, and Gas are not included in the rent and are billed at a flat rate of $125.00 a month. All individuals planning on living at the property over the age of 18, must submit a separate application. Federal Occupancy Guidelines followed: Max 2 per bedroom + 1 additional occupant; Max 2 per studio subject to exceptions. All residents must secure renter's insurance with a minimum $100,000 policy and add TransCapital and the landlord as an additional insured. Pets are negotiable with pet rent and approval. Size and breed restrictions (subject to individual property owners' insurance requirements) do apply. Please visit TransCapital Property Management website for specific details under the Rental Criteria tab and Animal Policy. PETSCREENING IS A REQUIRED PART OF THE APPLICATION PROCESS FOR ALL APPLICANTS: A welcoming environment is paramount to all our residents. To ensure ALL our residents understand our pet and animal-related policies, we use a third-party screening service and require EVERYONE to complete a profile (No Pet/Pet/Animal). This process ensures we have formalized pet and animal-related policy acknowledgments and more accurate records to create greater mutual accountability. If you need accommodation in another way, please contact TransCapital Property Management, Inc. Please get started by selecting a profile category on our landing page. Copy and paste the following link in another tab: https transcapitalpm petscreening com Applications must be submitted prior to any in person showings. Only applications submitted directly through TransCapital Property Management, Inc. will be accepted. Tentatively approved applicants (Based on criteria above) will be contacted and a showing will be coordinated. Please drive by the property prior to applying and requesting an appointment. Contact information: TransCapital Property Management, Inc. Email: **** Phone: (916) 426-8067 Text: .. |
Let's explore this property.
Appliances
| Dishwasher | Gas Range |
| In-Unit Laundry | Range |
| Stainless Steel Dishwasher | Stainless Steel Microwave |
| Stainless Steel Refrigerator |
Building
| Cats OK | Dogs OK |
One-time.
One-time. Refundable.
Questions about this property’s policies and fees?
| Units | 4 |
|---|
Move-in Special!! $200.00 off the monthly rent of $2195.00 per month with the signing of a 6 month lease. Advertised rental price reflects the rent after the special is applied. The rent special expires at the end of the lease term. Your Fab 40's living opportunity is here! This beautifully designed and updated home is waiting for you! Fully equipped kitchen with stainless steel appliances, Luxury vinyl plank floors through out, spacious bedrooms and includes washer and dryer. Off street parking, walking distance to cafes and coffee. This home is in the Heart of East Sacramento and move in ready. QUALIFICATIONS: The following items are used as criteria to determine whether a resident will be accepted for a rental home with TransCapital Property Management, Inc. - The total gross income for the household must be at least 2.5 times the monthly rent. - No Evictions / Landlord Bad Debt in the Past 7 Years. - Co-signers are not accepted. - 2 Years Verifiable Combined Rental / Home Ownership History with a minimum of 1 year per applicant (excluding renting from family members) for single family homes and apartment communities of 1-4 apartments. - Having no rental history may be accepted for homes located in apartment communities of 5 or more apartments. - Positive Credit History: Scores of 660 and above are required. - Bankruptcies must be discharged for two years prior to approval of an application. Video Tour available on YouTube @TransCapitalPropertyMgmt. Search TransCapital Property Management, Inc. or 1001 40th St. Utilities: Water, Sewer, Trash, and Gas are not included in the rent and are billed at a flat rate of $125.00 a month. All individuals planning on living at the property over the age of 18, must submit a separate application. Federal Occupancy Guidelines followed: Max 2 per bedroom + 1 additional occupant; Max 2 per studio subject to exceptions. All residents must secure renter's insurance with a minimum $100,000 policy and add TransCapital and the landlord as an additional insured. Pets are negotiable with pet rent and approval. Size and breed restrictions (subject to individual property owners' insurance requirements) do apply. Please visit TransCapital Property Management website for specific details under the Rental Criteria tab and Animal Policy. PETSCREENING IS A REQUIRED PART OF THE APPLICATION PROCESS FOR ALL APPLICANTS: A welcoming environment is paramount to all our residents. To ensure ALL our residents understand our pet and animal-related policies, we use a third-party screening service and require EVERYONE to complete a profile (No Pet/Pet/Animal). This process ensures we have formalized pet and animal-related policy acknowledgments and more accurate records to create greater mutual accountability. If you need accommodation in another way, please contact TransCapital Property Management, Inc. Please get started by selecting a profile category on our landing page. Copy and paste the following link in another tab: https transcapitalpm petscreening com Applications must be submitted prior to any in person showings. Only applications submitted directly through TransCapital Property Management, Inc. will be accepted. Tentatively approved applicants (Based on criteria above) will be contacted and a showing will be coordinated. Please drive by the property prior to applying and requesting an appointment. Contact information: TransCapital Property Management, Inc. Email: **** Phone: (916) 426-8067 Text: ..
How 1001 - 1005 40th St. compares to other nearby properties.
Positives
Considerations
2-bedroom apartments at 1001 - 1005 40th St. cost about 5% less than the average rent price for 2-bedroom apartments in East Sacramento.
| Month | Median Rent |
|---|---|
| February 2024 | $1,499 |
| March 2024 | $1,518 |
| April 2024 | $1,475 |
| May 2024 | $1,425 |
| June 2024 | $1,475 |
| July 2024 | $1,480 |
| August 2024 | $1,485 |
| September 2024 | $1,477 |
| October 2024 | $1,479 |
| November 2024 | $1,499 |
| December 2024 | $1,496 |
| January 2025 | $1,448 |
| February 2025 | $1,432 |
| March 2025 | $1,419 |
| April 2025 | $1,408 |
| May 2025 | $1,403 |
| June 2025 | $1,399 |
| July 2025 | $1,409 |
| August 2025 | $1,410 |
| September 2025 | $1,399 |
| October 2025 | $1,398 |
| November 2025 | $1,395 |
| December 2025 | $1,395 |
| January 2026 | $1,395 |
| Month | Median Rent |
|---|---|
| October 2024 | $1,904 |
| November 2024 | $1,995 |
Can I afford to live at 1001 40th Street?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$79,800/yr
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Downtown Sacramento • 1500 7th St
1–3 Beds
$1,625–$2,473
Downtown Sacramento • 1127 15th St
1 Bed
N/A
Downtown Sacramento • 1500 7th St
1–3 Beds
$1,625–$2,473
Downtown Sacramento • 1127 15th St
1 Bed
N/A
