2514 O ST Pending Save Request In-Person Tour Request Virtual Tour
Sacramento,CA 95816
Key Details
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Pending
Purchase Type For Sale
Square Footage 6,080 sqft
Price per Sqft $320
MLS Listing ID 225048560
Year Built 1962
Lot Size 6,534 Sqft
Property Sub-Type 5 or More Units
Property Description
11-unit multifamily community located in Midtown Sacramento. Originally constructed in 1962, this property features (11) one-bedroom/one-bathroom units, an onsite laundry facility, and off street parking. Nestled within the grid of Midtown/Downtown Sacramento and walking distance to major urban developments like the Golden 1 Center, DOCO, and the forthcoming rail-yards project, this property is positioned for strong long-term growth in a supply constrained market. 2514 O Street presents a significant investment opportunity. Current market data indicates a 26% lossto- lease on today's rent roll, offering the next investor a clear path to add value by continuing to renovate units, and aligning rents with the neighborhood level.
Location
State CA
County Sacramento
Area 10816
Interior
Heating Wall Furnace
Cooling Wall Unit(s)
Flooring Vinyl
Laundry In Common Area
Exterior
Parking Features Off Street,Permit Required,Covered,Street
Utilities Available City
Roof Type Flat
Building
Lot Description Sidewalk
Story 2
Foundation Slab
Sewer Public Sewer
Water Meter on Site,Public
Schools
Elementary Schools Sacramento Unified
Middle Schools Sacramento Unified
High Schools Sacramento Unified
School District Sacramento
Others
Special Listing Condition None