NOT LISTED FOR SALE
2 Beds
1 Bath
560 Sq Ft
6,534 Sq Ft Lot

Last Sold July 21, 2021

Last sale price $2,800,000 $5,000 Per Sq Ft

12 Days on Market

Highlights

  • 0.15 Acre Lot
  • 3-minute walk to 23Rd Street
  • Security Gate
  • Miwok Middle School Rated A-
  • No HOA
  • Ceiling Fan

About This Home

As of July 2021

2312 P Street, Sacramento is a 13-unit apartment complex located in Midtown Sacramento. With a strong infill location, the property is near the Sutter Medical Center, Fort Sutter Historic Park, plus it has close proximity to the California State Capitol along with the Golden 1 Sport and Entertainment Center. This two-story building was originally built in 1958. The owners have done light renovations and touch ups while maintaining some of the original characteristics that make this property unique. There are studio, one-, and two-bedroom units that are 100% electric within the living space. All the wall gas heaters have been capped and new wall heat/air systems have been installed. Units feature carpet or wood flooring along with laminate or tile in the kitchen or bathroom, plus new stoves, refrigerators, refurbished cabinets and counter tops, and ceiling fans in a large proportion of the units. Please contact listing agent for a marketing package.

Last Agent to Sell the Property

Matthew Sarro

Collier's International CA, Inc. License #01942991 Listed on: 06/07/2021

Last Buyer's Agent

Matthew Sarro

Collier's International CA, Inc. License #01942991 Listed on: 06/07/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 6,534 Sq Ft Lot
  • Security Fence

Home Design

  • Raised Foundation
  • Stucco

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Home Security

  • Security Gate
  • Fire and Smoke Detector

Parking

  • 5 Parking Spaces
  • Covered Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Propane
  • Property is located within a water district
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 007-0325-005

Community Details

Overview

  • No Home Owners Association
  • 13 Units

Building Details

  • 13 Leased Units
  • 13 Units Leased Month-To-Month
  • Insurance Expense $3,936
  • Maintenance Expense $9,750
  • Professional Management Expense $9,347

Additional Features

  • Coin Laundry
  • Building Fire Alarm

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: 5 or More Units
  • Stories: 2
  • Year Built: 1958
  • Stories: 2
  • Number of One Bedroom Units: 9
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Varies by Unit

Exterior Features

  • Construction Materials: Stucco
  • Foundation: Raised
  • Listing Price: 2950000.00
  • Lot Features: None

Garage/Parking

  • Parking Features: Covered
  • Total Parking Spaces: 5

Utilities

  • Security: Fire Alarm, Fire Extinguisher, Smoke Detector, Security Fence, Varies By Unit, Security Gate
  • Sewer: Sewer Connected
  • Utilities: Cable Available, Propane, Other
  • Cooling: Ceiling Fan(s), Wall Unit(s)
  • Heating: Varies by Unit
  • Laundry Features: Coin Operated
  • Water Source: Water District, Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R-3A-SPD
  • Irrigation: Other
  • Lot Size Acres: 0.1500
  • Lot Size Sq Ft: 6534

Multi Family

  • Gross Income: 190560
  • Income Includes: Other
  • Insurance Expense: 3936
  • Maintenance Expense: 9750
  • Number of Leased Units: 13
  • Number of Month to Month Units: 13
  • Number of Units: 13

Tax Info

  • Assessor Parcel Number: 007-0325-005
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2021 07/21/21 Sold $2,800,000 -5.1% $5,000 / Sq Ft
06/19/2021 06/19/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $2,950,000 -- $5,268 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221064187

MetroList