$1,825,000
SOLD DEC 17, 2024
3 Beds
2 Baths
1,340 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$1,362 Per Sq Ft

1% Below List Price

137 Days on Market

Highlights

  • 0.15 Acre Lot
  • Contemporary Architecture
  • Ceiling Fan
  • Miwok Middle School Rated A-
  • No HOA
  • 3-minute walk to Stanford Park

About This Home

As of December 2024

Rent increases went into effect in September, income has substantially increased. Highly desirable 9-unit apartment building in the heart of Midtown. Property is in excellent repair, the majority of units have been updated with new plank flooring, kitchen cabinets, new granite countertops, new stainless steel appliances and many other upgrades in select units. The electrical system has been recently updated with new service.

Last Agent to Sell the Property

Jim Drazenovich

Brittain Commercial License #00891047 Listed on: 06/04/2024

Last Buyer's Agent

Lauren Prichard

Aborn Powers, Inc License #01031213

Property Details

Home Type

  • Multi-Family

Lot Details

  • 6,534 Sq Ft Lot

Home Design

  • Contemporary Architecture
  • Raised Foundation
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Free-Standing Gas Oven

Flooring

  • Carpet
  • Laminate

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 7 Parking Spaces
  • 7 Open Parking Spaces
  • Off-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 003-0102-018

Community Details

Overview

  • No Home Owners Association
  • 9 Units

Amenities

  • Coin Laundry

Building Details

  • 9 Leased Units
  • Net Lease

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: 5 or More Units
  • Architectural Style: Contemporary
  • Levels: Two
  • Stories: 2
  • Year Built Details: Unknown
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Oven, Varies By Unit
  • Flooring: Carpet, Laminate

Exterior Features

  • Construction Materials: Stucco, Frame
  • Foundation: Raised
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 1850000.00
  • Lot Features: Shape Regular, Curbs/Gutters, Sidewalk
  • New Construction: No
  • Pool: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Open Parking Spaces: 7.00
  • Parking Features: Off Street, Open
  • Total Parking Spaces: 7.00

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: City
  • Cooling: Ceiling Fan(s), Wall Unit(s)
  • Heating: Wall Furnace
  • 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: R-1B
  • Irrigation: Other
  • Lot Size Acres: 0.1500
  • Lot Size Sq Ft: 6534.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas
  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["Coin Operated Equipment","Other"]
  • Total Number Leasable: 9
  • Number of Leased Units: 9
  • Number of Units: 9
  • Units Furnished: None
  • One Bedroom Annual Occupancy: 100
  • Two Bedroom Annual Occupancy: 100
  • 1 Bedroom Rent Range: $975-$1,400
  • Two Bedroom Rent Range: $1,750
  • Number Of2 Bedrooms Occupied: 1

Tax Info

  • Assessor Parcel Number: 003-0102-018
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Similar Homes in Sacramento, CA

  • 1721 U St, Sacramento, CA 95818

    $1,395,000

    • 6 Beds
    • 4 Baths
    • 4,336 Sq Ft
    • 1721 U St
    • Sacramento, CA

    Introducing 1721 U St, Sacramento 95818 - a rare 6-unit investment opportunity in the heart of Midtown! This property features an exceptional unit mix with TWO spacious 2-bedroom/1-bath units and FOUR 1-bedroom/1-bath units, offering a competitive advantage over properties dominated by smaller layouts. Recent updates include newer roofs completed in 2020, ensuring reduced maintenance costs. The

    Josephine Tov Portfolio Real Estate

    Section Image
  • 500 J St Unit 1501, Sacramento, CA 95814

    $1,599,000

    • 2 Beds
    • 2.5 Baths
    • 2,069 Sq Ft
    • 500 J St
    • Unit 1501
    • Sacramento, CA

    PRICE IMPROVEMENT. Tremendous opportunity for the finest in urban luxury living and sophistication in Sacramento - The Residences at The Sawyer. Nestled atop the iconic Kimpton Sawyer Hotel, this rare end-cap condo offers a truly refined lifestyle and is one of the largest at nearly 2,100sf, 2bed-2.5bath with 270-degree views through expansive windows on three sides that flood the interior with

    Michael Onstead Coldwell Banker Realty

    Section Image
  • 2944 Del Paso Blvd, Sacramento, CA 95815

    $1,799,995

    • 12 Beds
    • 6 Baths
    • 5,046 Sq Ft
    • 2944 Del Paso Blvd
    • Sacramento, CA

    Fully Remodeled 6-Unit Multifamily with Huge Upside! Each 2bd/1ba unit (~833 sqft) is upgraded with premium finishes, new HVAC, plumbing, electrical, and designer touches throughout. Fully stabilized with all units leased through 2026-2027 with no vacancies, no downtime, and proven rental demand. Grossing $11,655/mo with laundry income and strong 5.04% cap rate based on actuals. Gated parking for

    Ben Marmol Intero Real Estate Services

    Section Image
  • 2711 I St, Sacramento, CA 95816

    $1,600,000

    • 4 Beds
    • 4 Baths
    • 3,852 Sq Ft
    • 2711 I St
    • Sacramento, CA

    ** Exceptional Midtown Sacramento Investment Opportunity ** A $114,400 GSI, 5.3% Cap Rate, 7.2 GRM. This complex is in the highly sought-after heart of Midtown. This landmark property in central location, away from freeway noise and overpass traffic. Four 1bed/1bath units, additional attic 1/1 unit; and converted 3-car garage storage/studio spaces in alley, an opportunity for extra income.

    Jennifer Hawkins Century 21 Select Real Estate

    Section Image
  • 717 17th St, Sacramento, CA 95811

    $1,349,000

    • 6 Beds
    • 4 Baths
    • 3,932 Sq Ft
    • 717 17th St
    • Sacramento, CA

    4 plex was rehab in 2017 and 2018 Welcome to your next investment opportunity! Nestled in a prime location in the Heart of Midtown Sacramento, this impeccably remodeled multi-family building offers the perfect blend of modern comfort and timeless charm. Boasting four units in total, including two spacious two-bedroom, one-bath residences and two cozy one-bedroom, one-bath units, this property is

    GARY MARTIN Faze One Real Estate, Inc

    Section Image
  • 910 38th St, Sacramento, CA 95816

    $1,475,000

    • 7 Beds
    • 5 Baths
    • 3,003 Sq Ft
    • 910 38th St
    • Sacramento, CA

    Rare investment or owner-occupied opportunity in the heart of East Sacramento! Fully permitted just three years ago, this upgraded 4-plex features major improvements including updated electrical, added insulation between units, wood flooring, and a full fire sprinkler system. The desirable unit mix includes two 1-bedroom/1-bath units, one 2-bedroom/1-bath unit, and one 3-bedroom/2-bath unit, each

    Anthony Estigoy Nick Sadek Sotheby's International Realty

    Section Image
  • 1421 G St, Sacramento, CA 95814

    $1,590,000

    • 1 Bed
    • 1 Bath
    • 5,826 Sq Ft
    • 1421 G St
    • Sacramento, CA

    Exceptional opportunity to own a three story walk-up of vintage American four square design with colonial revival and craftsman influences. Six spacious one-bedroom units have large, airy floorplans that flow comfortably between living room, dining room, bedroom, kitchen, & laundry. These desirable apartments are rarely vacant. The property also offers investors potential upsides on renting 3

    Kari Bryski Grounded R.E.

    Section Image
  • 2114 23rd St, Sacramento, CA 95818

    $1,650,000

    • 12 Beds
    • 8 Baths
    • 3,698 Sq Ft
    • 2114 23rd St
    • Sacramento, CA

    Located in the heart of Central Sacramento, this fully renovated 4-plex 3 bed 2 bath each unit presents a rare opportunity to own a high-performing, turnkey investment property just minutes from Downtown, Midtown, and major transit routes. Each of the four thoughtfully redesigned units offers 3 spacious bedrooms and 2 modern bathrooms, featuring all-new wood laminate flooring, dual-pane

    Mike Chen Keller Williams Realty

    Section Image
  • 1720 U St, Sacramento, CA 95818

    $1,449,000

    • 4 Beds
    • 4 Baths
    • 3,030 Sq Ft
    • 1720 U St
    • Sacramento, CA

    Presenting a rare opportunity to own a meticulously renovated 4-unit multi-family property at 1720 U St, Sacramento, CA 95818. This quadruplex has been brought to modern standards, offering exceptional value for investors seeking a turnkey property in a highly desirable area. This property has undergone a comprehensive renovation, featuring updated electrical systems, modern plumbing with PEX

    Jennifer Lee Metro Financial Services Inc

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
01/01/2025 01/01/25 Off Market $1,825,000 -- --
12/17/2024 12/17/24 Sold $1,825,000 -1.4% $1,362 / Sq Ft
10/19/2024 10/19/24 Pending -- -- --
06/04/2024 06/04/24 For Sale $1,850,000 -- $1,381 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MetroList

MLS Number: 224060176

MetroList