Sold

1721 O Street

Sacramento CA, 95811

$3,300,000


$505.05 per sqft

Sold

6 Beds

6,534 sqft

Multi-family

Built in 1950

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.

221112904

MLS ID

March 9, 2024

Updated

Map

1721 O Street
Sacramento CA, 95811

Interior Features

Total Stories

2


Bedrooms

6


Full Bathrooms

4


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.15 Acres

School Information

School District

Sacramento Unified

Other Property Details

Area Name

10811


Garage

Yes


Garage Spaces

9


Parking Total

9


View

No


County

Sacramento


Water Source

Public


Pool

No


Zoning

R-3A-SPD

Courtesy of Titan Commercial, Daniel Dabkoski,
Listing Contact:  

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