CA > Sacramento
Sacramento, CA 95816,2514 O ST
Sacramento, CA 95816,2514 O ST
Sacramento, CA 95816,2514 O ST
Sacramento, CA 95816,2514 O ST
Sacramento, CA 95816,2514 O ST
Sacramento, CA 95816,2514 O ST
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Marlina Johnson

Marlina Johnson

LPT Realty

+1(916) 698-0108
$ 1,950,000
Est. payment | /mo

6,080 SqFt

Save
$ 1,950,000
Est. payment | /mo
Save

6,080 SqFt

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 6,080 sqft

Price per Sqft $320

MLS Listing ID 225048560

HOA Y/N No

Originating Board MLS Metrolist

Year Built 1962

Lot Size 6,534 Sqft

Acres 0.15

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

Direction From Business 80, exit P street. Turn south onto O street.

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

Water Access Desc Meter on Site,Public

Roof Type Flat

Total Parking Spaces 11

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

Senior Community No

Tax ID 007-0264-007-0000

Special Listing Condition None

MetroList® Services, Inc
Listed by Marcus & Millichap Real Estate
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+1(916) 698-0108

mjoyjohn@yahoo.com

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2514 O ST