1821 P ST, Sacramento, CA 95811
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1821 P ST, Sacramento, CA 95811
1821 P ST, Sacramento, CA 95811
1821 P ST, Sacramento, CA 95811
1821 P ST, Sacramento, CA 95811
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Patty Ortega

Patty Ortega

+1(209) 565-3668
$ 2,050,000
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1821 P ST Sacramento, CA 95811

7,626 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 7,626 sqft

Price per Sqft $268

MLS Listing ID 226039352

HOA Y/N No

Year Built 1910

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type 5 or More Units

Source MLS Metrolist

Property Description

1819-1821 P Street features 16 total residential units priced at $128,000/door, spread across two separate structures measuring approx. 6,121 total square feet. The property includes twelve (12) studio units at 1819 P Street, which is a 4,890 square foot two-story building fronting P Street. The remaining four studio units are located at 1821 P Street, which is a 1,231 square foot two-story building located along Carriage Alley. The studio units average approximately 382 square feet each. Together, the two buildings are 100% leased and generating gross rents of approximately $14,205 per month with an average monthly rent per unit of $887 per unit. There is a large unused basement at 1821 P Street that includes a non-conforming one bedroom unit, a manager's office, laundry room, and ample storage that are not included in the total unit count. This is an easy value-add area to construct additional units or paid storage. The property is in a prime location in Midtown, just blocks from the Truitt Bark Park, Safeway Shopping Center, Ice Blocks, public transit, and dozens of other amenities.

Location

State CA

County Sacramento

Area 10811

Direction Near the corner of 19th and P Streets. Plenty of street parking available.

Interior

Heating Other

Cooling Ceiling Fan(s), Wall Unit(s), Window Unit(s)

Flooring Carpet, Laminate, Wood

Appliance Dishwasher, Other

Laundry Coin Operated, In Common Area

Exterior

Parking Features Offsite, Street

Utilities Available Other

Water Access Desc Public

Building

Lot Description Other

Story 2

Foundation Concrete, Raised

Sewer Public Sewer

Water Public

Level or Stories One

Schools

Elementary Schools Sacramento Unified

Middle Schools Sacramento Unified

High Schools Sacramento Unified

School District Sacramento

Others

Senior Community No

Tax ID 007-0242-019-0000

Special Listing Condition None

MetroList® Services, Inc
Listed by Ken Turton, Broker
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Patty Ortega

Patty Ortega

California Home Coach | License ID: 01894556

+1(209) 565-3668

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1821 P ST