UA-138051460-1
Address
1421 G ST Sacramento, CA
Price
$ 1,750,000
Property Attributes
  • MLS#ML81848321
  • TypePending
  • CountySACRAMENTO
  • CitySacramento
  • AreaSacramento Midtown
  • Zip95814
  • Style
  • Price$ 1,750,000
  • Bedrooms1
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6000
  • Lot Size6,399 SqFt
Listing Provided Courtesy Of:
Kelly Rivett with Cornish & Carey Commercial.
Data Source:
MLSListings - 40 - CA
Property Description

An opportunity to acquire 1421 G Street, a classic 3-story walk up apartment building in Mansion Flats, a desirable submarket of Downtown Sacramento, Ca. Built in 1916, this well preserved and Pride of Ownership property runs street to alley and fronts G Street, between 14th and 15th Street. 1421 resides on a .15/acre parcel and offers an investor 6-spacious one-bedroom/ one bath units ( approximately 1,000sf each) and a detached 5-car garage. All apartments units and garages are leased by working professionals, Income upside can be achieved through rent increases and the implementation of a utility reimbursement program. Current rents, on average are 20% below market rents averaging $1,512 a unit. With units this size and in this location, market rents should fetch $1,750 a month or $1.75 sf. Recent Capital Improvements include a new roof, new exterior paint, and a new rear stairwell. Please call or email listing broker for an Offering Memorandum

Price History
6/10/2021 Listed $1,750,000

General Features

# of Buildings 1
Accessibility None
Age 105
Association Amenities None
City SACRAMENTO
Complex Name Text 1421 G
Construction Materials Wood Frame
Cooling Window / Wall Unit
County Sacramento
Heating Wall Furnace
Listing Agent State License 01249433
MLS Area Sacramento Midtown
Number of Garage Spaces 5
Property SubType Five or More Units
Property Type Commercial Multi-Residential (5+ units)
Restrictions None
Roof Composition
Security Features Security Fence
Special Listing Conditions Not Applicable
Status Pending (Do Not Show)
Utilities Public Utilities
Water Public
Year Built 1916
Zoning Text R-3A

Interior Features

Living Sqft 6000
Unit 1 Rent 1500

Exterior Features

Building Area Total 6000
Foundation Details Raised
Lot Acres 0.1469
Lot Size Area 6400.00
Lot Size Units Square Feet
Maximum Lot Size 6400.00
Meters Separate Electric, Separate Gas
Parking Features Detached Garage, Metered or Fee
Sewer/Septic Sewer - Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 95814

Price
AVG $690K
$1.75M
Visits
AVG 40
46
Year Built
AVG 1975
1916
Walkscore
AVG 94
94
Data Provided by Walkscore ® not using MLS data

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