$2,050,000

Estimated payment $11,899/month

Total Views 20,374
-- Bed
-- Bath
5,000 Sq Ft
$410 Price per Sq Ft

Highlights

  • Victorian Architecture
  • 5-minute walk to Alkali Flat/La Valentina
  • Fenced Yard
  • Miwok Middle School Rated A-
  • No HOA
  • 2-minute walk to Neely Johnson Park

About This Home

Located in the Heart of Downtown Sacramento steps away from Golden 1 Arena and the new Downtown Commons Entertainment District. This unique 17 unit complex contains a spacious full size large private studio and 16 junior studio SRO units all individually addressed with all long term leases. The whole complex has been completely remodeled throughout with own private coin operated laundry. Conveniently located near business 80 and I-5 one block away from the light rail. Across the street from the award winning Creamery roof top development in the Alkali Flats neighborhood, near restaurants and shops.

Listing Agent

Miguel Ugarte

Mid Valley Funding and Investment License #01836077 Listed on: 09/04/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,715

Year Built

  • Built in 1900 | Remodeled

Lot Details

  • 3,049 Sq Ft Lot
  • Fenced Yard

Parking

  • Off-Street Parking

Home Design

  • Victorian Architecture
  • Raised Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 5,000 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Laminate Flooring

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Disposal

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Handicap Shower

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Thermostat

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Mini Split Heat Pump
  • 220 Volts
  • ENERGY STAR Qualified Water Heater

Listing and Financial Details

  • Assessor Parcel Number 002-0116-004-0000

Community Details

Overview

  • No Home Owners Association
  • 17 Units

Amenities

  • Coin Laundry

Building Details

  • 17 Leased Units
  • Operating Expense $58,609
  • Net Operating Income $157,301

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,715

Year Built

Built in 1900 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: 5 or More Units
  • Stories: 3
  • Year Built: 1900
  • Accessibility Features: Shower(s)
  • Architectural Style: Victorian
  • Stories: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range, Free Standing Refrigerator, Microwave, Disposal
  • Flooring: Laminate
  • Price Per Square Foot: 410.00
  • Square Footage: 5000.00
  • Window Features: Dual Pane Partial, Varies by Unit

Exterior Features

  • Construction Materials: Wood Siding
  • Exterior Features: Fenced Yard, Yard Space
  • Foundation: Raised
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 2050000.00
  • Lot Features: Sidewalk
  • New Construction: No
  • Pool: No
  • Property Condition: Updated/Remodeled
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Sewer Connected, Other
  • Cooling: Ceiling Fan(s), Wall Unit(s)
  • Electric: 220 Volts
  • Heating: Wall Furnace, Individual, Varies by Unit
  • Laundry Features: Coin Operated, Washer/Dryer Owned
  • Water Source: Public
  • Separate Meters: Common Area Meter

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning: R3A
  • Irrigation: None
  • Lot Size Acres: 0.0700
  • Lot Size Sq Ft: 3049.00

Green Features

  • Energy Efficient: Appliances, Thermostat, Water Heater

Multi Family

  • Gross Income: 223300
  • Operating Expense: 58609
  • Income Includes: ["Rent Only"]
  • Total Number Leasable: 17
  • Number of Leased Units: 17
  • Number of Units: 17
  • Two Bedroom Annual Occupancy: 95
  • Studio Rent Range: 850-1650
  • Studio Annual Occupancy: 95

Tax Info

  • Assessor Parcel Number: 002-0116-004-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,715 $988,380 $364,140 $624,240
2024 $11,715 $969,000 $357,000 $612,000
2023 $6,691 $535,934 $97,435 $438,499
2022 $6,577 $525,426 $95,525 $429,901
2021 $6,273 $515,124 $93,652 $421,472
2020 $6,318 $509,843 $92,692 $417,151
2019 $6,186 $499,847 $90,875 $408,972
2018 $6,028 $490,047 $89,094 $400,953
2017 $5,947 $480,440 $87,348 $393,092
2016 $5,749 $471,021 $85,636 $385,385
2015 $5,666 $463,947 $84,350 $379,597
2014 $5,489 $454,860 $82,698 $372,162
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2025 09/04/25 For Sale $2,050,000 -- $410 / Sq Ft
Source: MetroList

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Stewart Title Of California
Grant Deed $950,000 Stewart Title Of California
Grant Deed -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Placer Title Company
Grant Deed $385,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $761,500 New Conventional
Previous Owner $60,000 Seller Take Back
Source: Public Records

Source: MetroList

MLS Number: 225115986

MetroList

APN: 002-0116-004