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1722 V Street

Sacramento, CA 95818

– beds
– baths
4,825 sqft
6,534 sqft lot
$377 per sqft
1960 build
– on site

This exceptional 8-unit apartment building, nestled in the coveted Richmond Grove neighborhood of Sacramento, presents a unique opportunity for investors seeking a stable, income-generating asset. Under the careful stewardship of the same family for over 50 years, this property has consistently maintained high occupancy rates and reliable rental income. This fully occupied, turnkey property offers immediate cash flow and minimal management requirements. Situated in the desirable Richmond Grove neighborhood, it benefits from easy access to shopping, dining, entertainment, transportation, healthcare and major employers. The high demand for rental housing in the Midtown Sacramento area supports strong rental income and long-term stability. Investment highlights include potential for long-term appreciation & rental upside. Improvements include tankless water heaters, a repaved parking lot, a new roof, a fresh coat of paint, upgraded electrical subpanels, partially upgraded plumbing system to copper & dual-pane windows. Seller will consider carrying a first position note subject to approval and terms to be negotiated. This is an opportunity to acquire prime real estate in one of Sacramento's most sought after locales.

Listing courtesy of METROLIST / J.A. Hunt

Last checked: Checking… • Last updated Jan 23, 2025 •

MLS# 224091741 —

The Building

Year Built:

1960
Year Built Source:

Other
Construction Materials:

Brick Veneer, Stucco
Construction Materials:

#Collection(String)
Architectural Style:

#Collection(String)
Development Status:

#Collection(String)
Structure Type:

#Collection(String)
Subtype Description:

#Collection(String)
Stories Total:

2
Stories:

2
Levels:

#Collection(String)
Upper Level:

#Collection(String)
Main Level:

#Collection(String)
Lower Level:

#Collection(String)
Roof:

Composition
Roof:

#Collection(String)
Basement:

#Collection(String)
Foundation Details:

Concrete Perimeter
Foundation Details:

#Collection(String)
Building Features:

#Collection(String)
Exterior Features:

#Collection(String)
Window Features:

Dual Pane Partial
Window Features:

#Collection(String)
Patio And Porch Features:

#Collection(String)
Accessibility Features:

#Collection(String)

Interior

Interior Features:

#Collection(String)
Flooring:

Carpet, Laminate, Linoleum
Flooring:

#Collection(String)
Fireplace Features:

#Collection(String)
Laundry Features:

Coin Operated, In Common Area
Laundry Features:

#Collection(String)

Room Dimensions

Living Area:

4825.0
Living Area Source:

Assessor Auto-Fill

Financial & Terms

Lease Type:

Net
Lease Info:

#Collection(String)
Lease Type:

#Collection(String)
Lease Includes:

#Collection(String)
Rent Includes:

#Collection(String)
Owner Pays:

#Collection(String)
Tenant Pays:

#Collection(String)
Pets Allowed:

#Collection(String)

Location

Directions:

From 16th Street turn right on V, travel through 17th St and property will be on the right. From 19th Street, turn right on V Street and travel through 18th Street and property will be on the left.

The Property

Parcel Number:

009-0215-008-0000
Property Type:

Residential Income
Property Sub Type:

5 or More Units
Property Condition:

Updated/Remodeled
Property Condition:

#Collection(String)
Lot Features:

Landscape Front
Lot Features:

#Collection(String)
Lot Size Acres:

0.15
Lot Size Square Feet:

6534.0
Lot Size Units:

Acres
Lot Size Source:

Assessor Auto-Fill
Land Lease:

false
View:

#Collection(String)
Zoning:

R-3A
Current Use:

#Collection(String)
Possible Use:

#Collection(String)
Vegetation:

#Collection(String)
Fencing:

#Collection(String)
Horse:

false
Horse Amenities:

#Collection(String)
Crops:

#Collection(String)
Soil:

#Collection(String)
Land Use:

#Collection(String)
Irrigation Source:

Public District
Frontage Type:

#Collection(String)
Road Surface Type:

#Collection(String)
Road Frontage Type:

#Collection(String)
Road Responsibility:

#Collection(String)
Driveway Sidewalks:

#Collection(String)

Listing Agent

Contact info:

The Listing

Home Warranty:

false

Heating & Cooling

Heating:

Wall Furnace
Heating:

#Collection(String)
Cooling:

Ceiling Fan(s), Window Unit(s)
Cooling:

#Collection(String)

Utilities

Utilities:

Natural Gas Connected, City, Electric
Utilities:

#Collection(String)
Electric:

#Collection(String)
Sewer:

Public Sewer
Sewer:

#Collection(String)
Water Source:

Public
Water Source:

#Collection(String)
Green Energy Efficient:

#Collection(String)

Appliances

Appliances:

Free Standing Refrigerator, Dishwasher, Free Standing Electric Range
Appliances:

#Collection(String)

Schools

Elementary School District:

Sacramento Unified
Middle Or Junior School District:

Sacramento Unified
High School District:

Sacramento Unified

The Community

Senior Community:

false
Community Features:

#Collection(String)
Spa:

false
Spa Features:

#Collection(String)
Pool Private:

false
Pool Features:

#Collection(String)
Association Amenities:

#Collection(String)
Association:

false
Association Fee Includes@odata.type

#Collection(String)

Parking

Parking Total:

6.0
Parking Type:

#Collection(String)
Parking Access:

#Collection(String)
Parking Features:

Attached, Off Street, Open, Street
Parking Features:

#Collection(String)
Open Parking Spaces:

6.0

Extra Units

Unit 1 Type:

#Collection(String)
Unit 1 Full Baths:

1
Unit 1 Bedrooms:

2
Unit 2 Bedrooms:

2
Unit 2 Full Baths:

1
Unit 1 Approx Sq Ft:

700
Unit 2 Type:

#Collection(String)
Unit 2 Approx Sq Ft:

700
Unit 3 Type:

#Collection(String)
Unit 3 Bedrooms:

1
Unit 3 Full Baths:

1
Unit 3 Approx Sq Ft:

590
Unit 4 Type:

#Collection(String)
Unit 4 Bedrooms:

1
Unit 4 Full Baths:

1
Unit 4 Approx Sq Ft:

590
Other Units:

#Collection(String)

Explore the Area

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Sale history

Date	Event	Source	Price	% Change
1/23/25 Jan 23, 2025	Listed / Active	METROLIST	$1,820,000

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This multifamily located in Central Sacramento, Sacramento, CA 95818 is currently for sale for $1,820,000. 1722 V Street is a 4,825 square foot multifamily with – beds and – baths that has been on Estately for 0 days. 1722 V Street is in the Central Sacramento neighborhood of Sacramento. This multifamily is in the attendance area of William Land Elementary School, C.K. Mcclatchy High School, and Sutter Middle School.

Listing courtesy of J.A. Hunt

Terms of service, data current as of 4:03pm on Jan 23.

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