CA > Sacramento
Sacramento, CA 95811,1819 P ST
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Sacramento, CA 95811,1819 P ST
Sacramento, CA 95811,1819 P ST
Sacramento, CA 95811,1819 P ST
Sacramento, CA 95811,1819 P ST
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Brenden Lusk

Brenden Lusk

+1(408) 375-0039
$ 2,170,000
Est. payment /mo
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1819 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 $284

MLS Listing ID 225117873

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 is being offered for sale as part of a two-property value-add portfolio priced at $155,000 per unit. The property features 14 total residential units across two separate structures measuring approx. 6,121 total square feet. The property includes ten (10) residential units at 1819 P Street, which is a 4,890 square foot two-story building along P Street. These 10 units include 8 studio units and 2 one bedroom and one bathroom units. 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. Together, the property is 100% leased and generating gross rents of approximately $14,655 per month with an average monthly rent per unit of $1,046 or $2.39 PSF. The adjacent property (see separate listing for 1823 P Street) is also available for sale, allowing an investor to acquire up to 20 residential units between the two properties; the properties may be purchased separately or together. The property is located near the corner of 19th and P Streets, 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

Appliance 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

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
Brenden Lusk

Brenden Lusk

Agent | License ID: 02213914

+1(408) 375-0039

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1819 P ST