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820 S St
Sacramento, CA 95811 Southside Park

$20,000,000 USD

Apartments For Sale  •  41,612 SF

Property Details

  • Property Type Apartments
  • Total Building Size 41,613 SF
  • Lot Size 0.63 AC
  • Building Class B
  • Year Built 2023
  • Zoning C-2-SPD
60 Transit Score
94 Walk Score

Highlights

Newly constructed 72-unit mixed-use project with 65 income-restricted units and 7 market-rate units in Downtown Sacramento
Below-market assumable Fannie Mae loan at 5.435% fixed with 9 years remaining, including interest-only period
Located at 8th & S Streets at the gateway to the R Street Corridor with access to light rail, Midtown, and Downtown
Ground floor retail leased to Tupi Coffee with rooftop patio amenity, boosting activation and tenant appeal
Significant tax advantage—property tax exemption applies to 65 affordable units, reducing operating expenses
Offered below replacement cost with durable unit design, efficient layout, and long-term operational stability

Amenities

  • Air Conditioning
  • Controlled Access
  • Courtyard
  • Laundry Facilities
  • Picnic Area
  • Property Manager on Site
  • Gated
  • Heating
  • Gameroom
  • Grill
  • Package Service
  • Recycling
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Bicycle Storage
  • Maintenance on site
  • Public Transportation

Public Transportation

Commuter RailDriveWalkDistance
Sacramento (Capitol Corridor - Capitol Corridor Joint Powers Authority) 4 min - 1.4 mi
Transit/SubwayDriveWalkDistance
8Th & O (Blue Line - Sacramento Regional Transit District Light Rail (The RT), Gold Line - Sacramento Regional Transit District Light Rail (The RT)) 2 min 6 min 0.4 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 8 min 0.5 mi
8Th & Capitol (Blue Line - Sacramento Regional Transit District Light Rail (The RT), Gold Line - Sacramento Regional Transit District Light Rail (The RT)) 2 min 9 min 0.5 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 10 min 0.5 mi
7Th & Capitol (Blue Line - Sacramento Regional Transit District Light Rail (The RT), Gold Line - Sacramento Regional Transit District Light Rail (The RT)) 3 min 11 min 0.6 mi
AirportDriveWalkDistance
Sacramento International 18 min - 12.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 15
Type: Surface
Included in Rent: Yes
Scott Kingston 916-612-5314 Turton Commercial Real Estate
Scott Kingston 916-612-5314 Turton Commercial Real Estate