NOT LISTED FOR SALE
16 Beds
1 Bath
5,340 Sq Ft
6,534 Sq Ft Lot

Sale Details

Date Sold: October 15, 2025

Last sale price $3,005,000 $563 Per Sq Ft

7 Days on Market

Highlights

  • 0.15 Acre Lot
  • 3-minute walk to 23Rd Street
  • Wood Flooring
  • William Land Elementary School Rated 9+
  • Contemporary Architecture
  • No HOA

About This Home

As of October 2025

Brittain Commercial is pleased to present 2416-2420 S Street, a 16-unit apartment community located in the prime Newton Booth submarket of Midtown Sacramento. Positioned in one of Sacramento's most desirable neighborhoods, the property offers residents unmatched convenience and a vibrant lifestyle. Current residents enjoy proximity to Sutter's Fort State Historical Park, Sutter Medical Center, Temple Coffee, Sacramento Natural Foods Co-op, the Light Rail system, Downtown Sacramento, and California State University, Sacramento. The community is surrounded by eclectic dining, live music venues, art galleries, and boutique shoppingplacing residents at the heart of Midtown's energy. Easy freeway access further enhances connectivity throughout the region. Under the same ownership since 1991, the property has been exceptionally maintained. The majority of units have been upgraded and are achieving market rents, while seven long-term tenancy units remain unrenovated, providing substantial upside through interior improvements and lease adjustments. This loss-to-lease opportunity positions new ownership to significantly enhanced NOI. There are 9 off-street parking spaces that can be rented separately for additional income. Common area maintenance fee of $35 per unit is currently in place

Last Agent to Sell the Property

Jim Drazenovich

Brittain Commercial License #00891047 Listed on: 08/25/2025

Last Buyer's Agent

Jim Drazenovich

Brittain Commercial License #00891047 Listed on: 08/25/2025

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 6,534 Sq Ft Lot

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Slab Foundation
  • Stucco

Interior Spaces

  • 5,340 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector
  • Leased Washer and Dryer

Kitchen

  • Free-Standing Electric Oven
  • Microwave

Flooring

  • Wood
  • Carpet
  • Tile

Parking

  • 9 Parking Spaces
  • Uncovered Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 010-0042-006-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 16 Units

Amenities

  • Coin Laundry

Building Details

  • 7 Leased Units
  • 9 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: 5 or More Units
  • Stories: 2
  • Year Built: 1972
  • Architectural Style: Contemporary
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Microwave, Free Standing Electric Oven
  • Flooring: Carpet, Tile, Wood
  • Price Per Square Foot: 562.73
  • Square Footage: 5340.00

Exterior Features

  • Construction Materials: Stucco
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 3150000.00
  • Lot Features: Curbs/Gutters
  • New Construction: No
  • Pool: No
  • Roof: Flat
  • Spa: No

Garage/Parking

  • Parking Features: Uncovered
  • Total Parking Spaces: 9.00

Utilities

  • Security: Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Electric
  • Cooling: Ceiling Fan(s), Wall Unit(s), Window Unit(s)
  • Heating: Natural Gas
  • Laundry Features: Coin Operated, Washer/Dryer Leased
  • Water Source: Public

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: See Remarks
  • Lot Size Acres: 0.1500
  • Lot Size Sq Ft: 6534.00

Multi Family

  • Income Includes: ["See Remarks"]
  • Number of Leased Units: 7
  • Number of Month to Month Units: 9
  • Number of Units: 16

Tax Info

  • Assessor Parcel Number: 010-0042-006-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2025
Closed on
Oct 2, 2025
Sold by
Beverly E Bandini Family Trust and Lukza Diane Marie
Bought by
Seller's Agent
Jim Drazenovich
Brittain Commercial
Buyer's Agent
Jim Drazenovich
Brittain Commercial
List Price
$3,150,000
Sold Price
$3,005,000
Premium/Discount to List
-$145,000
-4.6%
Views
56

Purchase Details

Closed on
Dec 23, 2020
Sold by
Ricci Richard and Richard Ricci Family Trust
Bought by
Ricci Beverly E and Beverly E Bandini Family Trust

Purchase Details

Closed on
Mar 21, 2013
Sold by
Jensen Paul F and Paul F Jensen Family Trust
Bought by
Bandini Beverly E and The Beverly E Bandini Family T

Purchase Details

Closed on
Jun 12, 2002
Sold by
Ricci Richard
Bought by
Ricci Richard and The Richard Ricci Family Trust
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,005,000 Fidelity National Title Compan
Ricci Beverly E -- None Available
Bandini Beverly E -- Usa National Title Company
Ricci Richard -- --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/15/2025 10/15/25 Sold $3,005,000 -4.6% $563 / Sq Ft
09/01/2025 09/01/25 Pending -- -- --
08/25/2025 08/25/25 For Sale $3,150,000 -- $590 / Sq Ft
Source: MetroList

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,006 $1,502,500 $600,000 $902,500
2025 $7,006 $522,354 $167,049 $355,305
2024 $6,910 $512,113 $163,774 $348,339
2023 $6,749 $502,072 $160,563 $341,509
2022 $6,631 $492,228 $157,415 $334,813
2021 $6,335 $482,578 $154,329 $328,249
2020 $6,366 $477,631 $152,747 $324,884
2019 $6,237 $468,266 $149,752 $318,514
2018 $6,077 $459,085 $146,816 $312,269
2017 $5,992 $450,085 $143,938 $306,147
2016 $5,661 $441,261 $141,116 $300,145
2015 $5,575 $434,634 $138,997 $295,637
2014 $5,440 $426,121 $136,275 $289,846
Source: Public Records

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Map

Source: MetroList

MLS Number: 225111767

MetroList
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