Prime Investment Opportunity - Quadplex with Unique Layouts at 1516 D St, Sacramento. This Midtown Sacramento quadplex, with four units each featuring its own address, offers an exceptional investment opportunity in a highly desirable location. Combining historic charm with modern functionality, each unit brings its own appeal. 1518 D St: A spacious 1-bedroom, 1.5-bath unit, ideal for those who value extra space. 1514 D St: Another roomy 1-bedroom, 1.5-bath unit, perfect for comfortable living. 1516 D St (Upstairs Unit): A 1-bedroom, 1.5-bath unit with an additional bedroom and a large storage room in the attic, plus two versatile rooms that can be used as bedrooms or office space, providing added flexibility. 1516 D St (Rear Unit): A cozy 1-bedroom, 1-bath unit, suited for a more intimate living experience. The quadplex is located just minutes from the heart of Sacramento, this property offers the best of Midtown living with easy access to vibrant restaurants, parks, and cultural attractions. With its distinctive layout and individual addresses, 1516 D St stands out as a valuable addition to any investment portfolio. Don't miss out on this Midtown gem!
Marcus & Millichap is pleased to present 1408 G Street, a unique mixed-use property located in the heart of Downtown Sacramento. The fourteen apartment units consist of eleven studio/one-bathroom units and three one-bedroom/one-bathroom units. The 15th unit is a commercial space occupied by a convivence store and approximately occupies 2000 square feet. Most of the residential units have been renovated with lvp flooring, granite counter tops, and new cabinetry.The current note is assumable and has a loan balance of $1,425,000 (fixed at 3.45%; interest only), and is held by JP Morgan Chase. The property is located within walking distance to the state capitol, Golden 1 Center, and many different entertainment / dining options downtown Sacramento offers.
609-611 16th St is a mixed use building consisting of 4 apartments and retail coffee shop. The apartments are 1 bedroom 1 bathroom, completely remodeled. The coffee shop is updated and signed a a new lease. The apartments have mini split units providing central heat and air. The units are separately metered for gas and electric. There is a common laundry area for tenants convenience.
Excellent opportunity for an owner/user to acquire four units and leave one for themselves to occupy. The building is currently generating $10,655 a month in gross income. It is very rare to acquire two newly constructed townhomes and a remodeled duplex in a thriving location of Midtown Sacramento. The back building was built in 2022 and has (2) two bedroom/1.5 bathroom 1050 Square foot townhouse style units that is attached to a 3 car garage. Freestanding units like these sell for $850,000 each within the area. The Front building is a remodeled duplex. Both top and bottom units are 3bedroom/1bathroom 1,240 Square foot units that have been completely remodeled with laundry included. Largest fourplex available and currently a 5.54% cap rate on actuals.
**Historical Triplex in Downtown Sacramento** Discover the charm of this Victorian-era triplex, ideally located in the desirable downtown Sacramento area. This historic gem offers three spacious 2-bedroom, 1-bathroom apartments, each occupying an entire floor with approximately 1100 square feet. The property is perfect for those seeking a blend of historical elegance and modern convenience. While it needs restoration to fully restore its original splendor, it already features separate HVAC systems and individually metered electrical utilities for each unit, ensuring tenant comfort and ease of management. Residents will appreciate the shared laundry room on the ground floor, adding to the property's practicality. Parking is convenient with a one-car garage and an additional fenced-in parking spot. The location is unbeatable, with close proximity to parks, shopping, entertainment venues, fantastic local eateries, and easy freeway access. This triplex is a rare find, combining historic charm with downtown convenience. Don't miss this opportunity to own a piece of Sacramento's history!
The Victoria is a low rise 10-unit multifamily building located in the Mansion Flats neighborhood just less than half a mile North of the State Capitol, Downtown shopping, dining, employment and near UC Davis Medical Center and Midtown. The area has an urban/suburban vibe with mature tree lined streets and an easy walk to many shopping, dining and transit options, earning Walk Score of 90! The building has a mix of 8-Studios and 2-1 bedroom units and 7 car parking. Please do not disturb tenants. All units are occupied. NEW ROOF installed 7/2024 and mailboxes recently replaced.
Located in the Heart of Downtown Sacramento steps away from Golden 1 Arena and the new Downtown Commons Entertainment District. This unique 15 unit complex contains a spacious 2 bed 1 bath unit along with a large private studio and 13 junior studio SRO units all individually addressed with all long term leases. The whole complex has been completely remodeled throughout with own private coin operated laundry. Conveniently located near business 80 and I-5 one block away from the light rail. Across the street from the award winning Creamery roof top development in the Alkali Flats neighborhood, near restaurants and shops.
The median home value in Sacramento, CA is $427,200. This is lower than the county median home value of $489,000. The national median home value is $338,100. The average price of homes sold in Sacramento, CA is $427,200. Approximately 47.71% of Sacramento homes are owned, compared to 47.44% rented, while 4.86% are vacant. Sacramento real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Sacramento real estate agent to arrange a tour today!
Sacramento, California 95814 has a population of 518,605. Sacramento 95814 is less family-centric than the surrounding county with 26.13% of the households containing married families with children. The county average for households married with children is 33.01%.
The median household income in Sacramento, California 95814 is $71,074. The median household income for the surrounding county is $76,422 compared to the national median of $69,021. The median age of people living in Sacramento 95814 is 35.2 years.
The average high temperature in July is 92.6 degrees, with an average low temperature in January of 39.1 degrees. The average rainfall is approximately 19.9 inches per year, with 0 inches of snow per year.