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1821 P St
Sacramento, CA 95811 Midtown Sacramento

$2,050,000 USD

Apartments For Sale  •  6,121 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,121 SF
  • Lot Size 0.29 AC
  • Building Class C
  • Year Built 1910
  • Cap Rate 6.02 %
  • Zoning R-3A-SPD
60 Transit Score
96 Walk Score

Highlights

Value-add Multifamily opportunity in Midtown, Sacramento
14 residential units across two separate buildings
Large basement with two vacant non-conforming units
Aggressively priced at $2,050,000 or $146,000 per unit
Great walkable location, 2 blocks from the Truitt Bark Park, Ice Blocks and Safeway shopping center

Property Flyers

Cap Rate: 6.02 %

Amenities

  • Cable Ready
  • Laundry Facilities
  • Heating
  • Kitchen

Public Transportation

Commuter RailDriveWalkDistance
5 min - 1.8 mi
Transit/SubwayDriveWalkDistance
16th Street (Blue Line - Sacramento Regional Transit District Light Rail (The RT), Gold Line - Sacramento Regional Transit District Light Rail (The RT)) 2 min 8 min 0.4 mi
23rd Street (Gold Line - Sacramento Regional Transit District Light Rail (The RT)) 2 min 11 min 0.6 mi
13th Street (Blue Line - Sacramento Regional Transit District Light Rail (The RT), Gold Line - Sacramento Regional Transit District Light Rail (The RT)) 2 min 12 min 0.6 mi
Archives Plaza (Blue Line - Sacramento Regional Transit District Light Rail (The RT), Gold Line - Sacramento Regional Transit District Light Rail (The RT)) 2 min 13 min 0.7 mi
Cathedral Square (Blue Line - Sacramento Regional Transit District Light Rail (The RT)) 3 min 17 min 0.9 mi
AirportDriveWalkDistance
Sacramento International 19 min - 12.6 mi
Jon Lang 916-710-0753 Turton Commercial Real Estate
Jon Lang 916-710-0753 Turton Commercial Real Estate