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$3,500,000
1721 O St, Sacramento, CA 95811
0 Beds
0 Baths
n/a sqft

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1721 O Street, a charming mid-century apartment community centrally located in Sacramento's highly desirable Midtown neighborhood. The building consists of 10-studio/one-bathroom units, 6 one-bedroom/one bathroom units, and 1-large three-bedroom/one bathroom unit. Due to its high proportion of studio and one-bedroom units 1721 O Street provides an attractive unit mix for urban apartment dwellers who typically demand smaller, more affordable living spaces. Amenities at the property include a security door, well illuminated interior hallways, ample on-site laundry, and a rare 9 car parking garage. Costar is forecasting ample rent growth in the greater Sacramento region in the next 5 years due to an increasingly robust economy and the continued migration of new affluent renters into the region. The current ownership has kept the rents at the property low relative to the current market, thus affording a new owner the opportunity to continue to push rents higher in the future.
  • Price:
  • $3,500,000
  • Acreage:
  • 0.15
  • Year Built:
  • 1950
  • Listing ID #:
  • MTR221112904
  • Street Address:
  • 1721 O St
  • City:
  • Sacramento
  • State:
  • California
  • Postal Code:
  • 95811
  • County:
  • Sacramento
  • Listing Status:
  • Pending
  • Listing Type:
  • Residential Income
  • Construction Type:
  • Brick, Wood, Other
  • Dwelling Type:
  • Apartments
  • Flooring:
  • Varies By Unit
  • Foundation:
  • See Remarks
  • Number Of 1 Bedroom Units:
  • 6
  • Number Of 3 Bedroom Units:
  • 1
  • Number Of Studio Units:
  • 10
  • Stories:
  • 2
  • Stories:
  • Two
  • Total # Of Buildings:
  • 1
  • Unit 1 - Square Footage Available:
  • 957
  • Unit 2 - Square Footage Available:
  • 650
  • Unit 3 - Square Footage Available:
  • 650
  • Unit 4 - Square Footage Available:
  • 650
  • Unit1 Bedrooms:
  • 3
  • Unit1 Full Bathrooms:
  • 1
  • Unit2 Bedrooms:
  • 1
  • Unit2 Full Bathrooms:
  • 1
  • Unit3 Bedrooms:
  • 1
  • Unit3 Full Bathrooms:
  • 1
  • Unit4 Bedrooms:
  • 1
  • Unit4 Full Bathrooms:
  • 1
  • Year Built:
  • 1950
  • Year Built Source:
  • Assessor Agent-Fill
  • Approximate Lot Size Range Source:
  • Assessor Agent-Fill
  • Conforms To Zoning:
  • R-3a-Spd
  • Irrigation System Desc:
  • None, Other
  • Lot Square Footage:
  • 6534
  • Unit 1 Monthly Rent:
  • 970
  • Unit 2 Monthly Rent:
  • 1308
  • Unit 3 Monthly Rent:
  • 1145
  • Unit 4 Monthly Rent:
  • 1242
  • Garage Parking Spaces:
  • 9
  • Parking Description:
  • Garage
  • Parking Spaces:
  • 9
  • Appliances:
  • Varies By Unit
  • Cooling System:
  • Varies By Unit
  • Existing Water:
  • Public
  • Heating:
  • Varies By Unit
  • Laundry:
  • Coin Operated, In Common Area
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided by Daniel Dabkoski of Titan Commercial (: 01267882)
  • SACRA

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