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Sacramento, CA, 95811 • Midtown - Winn Park Capital Avenue • Sacramento County
$269/sqft
7,626Sqft
0.15 acLot
1910Built
Character Home
Built 1910 · 116 years of history
Wood Floors
Quality flooring throughout
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Listed 6 days ago · 209 views · 4 saves
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6 days on market
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$269/sqft
Price per square foot
Multi Family · Built 1910 · Historic
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.
Standout features identified
Our analysis highlights two separate structures, ample storage, and laundry room as key attractions of this home.
Based on current rates
Est. 6.35% rate · 30yr fixed · $1,640,000 loan
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3 schools rated nearby
Sacramento, CA, 95811
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Sacramento, CA • Sacramento County
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