$475,000
$525,000
9.5%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
814 SqFt
SOLD DATE : 10/08/2026
Key Details
Sold Price $475,000
Property Type Multi-Family
Sub Type 2 Houses on Lot
Listing Status Sold
Purchase Type For Sale
Square Footage 814 sqft
Price per Sqft $583
MLS Listing ID 226082482
Sold Date 10/08/26
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1925
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type 2 Houses on Lot
Source MLS Metrolist
Property Description
Price Adjustment!3031 U Street 2/1 & 2024 Alhambra 1/1 studio.Rare opportunity to own two homes on one lot in the highly desirable Midtown/Alhambra Triangle area, less than one mile from UC Davis Medical Center. Whether you're an owner-occupant looking to live in one home and offset your mortgage by renting the other, or an investor seeking strong income potential, this unique property offers exceptional flexibility. The front home features approximately 814 sq. ft. with 2 bedroom, 1 bath, a spacious living room, separate dining room, fresh interior paint, and new flooring. The living room offers the potential to serve as a second bedroom with its walk-in closet. The rear home offers approximately 600 sq. ft. with 1 bedroom, 1 bath, and a kitchenette, making it ideal for rental income, extended family, or a home office. Both homes are separately metered and present an excellent value-add opportunity for buyers looking to build equity with light improvements. Commercial zoning opens the door to additional possibilities (buyer to verify permitted uses). Conveniently located near public transit, restaurants, shopping, and major medical facilities, this is a rare investment opportunity in one of Sacramento's most sought-after central neighborhoods.Pictures reflect condition from 2017 and has deferred maintenance
Location
State CA
County Sacramento
Area 10817
Direction Alhambra to U Street
Rooms
Guest Accommodations No
Living Room Other
Dining Room Other
Kitchen Other Counter
Interior
Heating Floor Furnace
Cooling Wall Unit(s), Window Unit(s)
Flooring Laminate
Laundry Inside Area
Exterior
Parking Features No Garage, Uncovered Parking Space
Fence See Remarks
Utilities Available Sewer In & Connected
Roof Type Composition
Private Pool No
Building
Lot Description Corner
Story 1
Foundation Raised, Slab
Sewer Sewer in Street
Water Meter on Site
Architectural Style A-Frame
Schools
Elementary Schools Sacramento Unified
Middle Schools Sacramento Unified
High Schools Sacramento Unified
School District Sacramento
Others
Senior Community No
Tax ID 010-0131-013-0000
Special Listing Condition Offer As Is
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