1722 V Street

Sacramento, CA 95818

$1,820,000
Price
6
Beds
4
Baths
4,825 Sq. Ft.
$377 / Sq. Ft.
4,825
Sq. Ft.
$377
per Sq. Ft.

Description

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,...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.
  1. Listed by Jonathan Hunt • DRE #01309254 • J.A. Hunt
    P: (916)-747-8229 jhunt@jahunt.com

Property Details for 1722 V Street

Parking Features
Attached, Off Street, Open, Street
Zoning
R-3A
LISTING UPDATED: 11/04/2024 01:31 PM

Property Details for 1722 V Street

StatusActive
MLS #224091741
Days on Compass115
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 5 or More Units
Year Built1960
Lot Size0.15 AC / 6,534 SF
CountySacramento County

Building Information for 1722 V Street

Stories2Residences8Year Built1960Building Size-Lot Size0.15 AC / 6,534 SF

Property Information for 1722 V Street

Summary
Location and General Information
  • Area/District: 10818
  • Area Short Display: 10818
  • Cross Street: 18th
  • City: Sacramento
  • County: Sacramento
  • State: CA
  • Zip Code: 95818
  • Directions to Property: 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.
Taxes and HOA Information
  • APN: 009-0215-008-0000
  • License Fee: $.00
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
  • Association: false
  • Association Fee: $.00
School Information
  • School District (County): Sacramento
  • Elementary School District: Sacramento Unified
  • Middle or Junior School District: Sacramento Unified
  • Senior High School District: Sacramento Unified
Parking
  • Covered Spaces: 0
  • Independent Parking Spaces: 0
  • Carport Spaces: 0
  • Garage Spaces: 0
  • Total Parking Spaces: 6
  • Tandem Parking Spaces: 0
  • Open Parking Spaces: 6
  • Parking Fee $: 0.0
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Square Footage: 0.0
  • Year Built Source: Other
  • Minimum Bldg SqFt: 0.0
  • # of Lots: 0
  • Lot Size Acres: 0.15
  • Lot Size Source: Assessor Auto-Fill
  • Lot Size Square Feet: 6534.0
  • Lot Features: Landscape Front
Property and Assessments
  • Property Condition: Updated/Remodeled
  • Home Warranty: false
  • Irrigation: Public District
  • Year Built: 1960
  • Picture Count: 25
  • Photos Provided By: Agent
  • Elevation: 0
  • Units Furnished: None
  • Property Disclaimer: All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. <BR> All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. <BR> Copyright</A> &copy; 2024, MetroList Services, Inc. <BR> Any offer of compensation in the real estate content on this site is made exclusively to Broker Participants of the MetroList® MLS & Broker Participants of any MLS with a current reciprocal agreement with MetroList® that provides for such offers of compensation.
  • Signs: No
  • Census Tract: 20.0
  • Actual or Scheduled: Actual
Green Features
  • Green Verification Year: 0
Utilities
  • Separate Meters: Common Area Meter, Electricity, Gas
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, City, Electric
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • # of Floors: 2
  • # of Guest Space(s): 0
  • # Of Buildings: 1
  • Construction Materials: Brick Veneer, Stucco
  • Foundation: Concrete Perimeter
  • Window Features: Dual Pane Partial
  • Horse Property: false
  • Pool: false
  • Roof: Composition
  • Senior Community: false
Interior Features
  • Heating: Wall Furnace
  • Appliances: Free Standing Refrigerator, Dishwasher, Free Standing Electric Range
  • Laundry Features: Coin Operated, In Common Area
  • Spa: false
  • # of Fireplaces: 0
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Flooring: Carpet, Laminate, Linoleum
  • Entry Level: 0
  • Possible Bedrooms: 0.0
  • Bedrooms: 0
  • Bathrooms: 0.0
  • Full Bathrooms: 0
  • Half Bathrooms: 0
  • # of Rooms: 0
Room Information
1 Bedroom Unit
  • # of 1 Bedroom Units: 5
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 5
2 Bedroom Unit
  • # of 2 Bedroom Units: 2
  • 2 Bedroom Annual Occupancy: .00%
  • # of 2 Bedrooms Occupied: 2
3 Bedroom Unit
  • # of 3 Bedroom Units: 0
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 0
4 Bedroom Unit
  • # of 4 Bedroom Units: 0
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Multi Family
Multi-Family Information
  • # Commercial Units: 0
  • Total # Owner Occupied: 0
  • # Studios Occupied: 1
  • # of Studio Units: 1
  • Num of Units: 8
Multi-Family Additional Information
  • 2nd Unit Approx SqFt: 0.0
  • 2nd Unit Rents for: $.00
  • 2nd Unit Bedrooms: 0.0
Unit 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Full Baths: 1
  • Unit 1 Partial Baths: 0
  • Unit 1 Identification: #1
  • Unit 1 Occupancy: Tenant
  • Unit 1 Rent Source: Owner
  • Unit 1 Rent: $1,650.00
  • Unit 1 Approx SqFt: 700.0
  • Unit 1 SqFt Source: Owner
  • Unit 1 # of Rooms: 5
  • Unit 1 Type: Apartment
Unit 2
  • Unit 2 Bedrooms: 2
  • Unit 2 Full Baths: 1
  • Unit 2 Partial Baths: 0
  • Unit 2 Identification: #2
  • Unit 2 Occupancy: Tenant
  • Unit 2 Rent Source: Owner
  • Unit 2 Rent: $1,240.00
  • Unit 2 Approx SqFt: 700.0
  • Unit 2 SqFt Source: Owner
  • Unit 2 # of Rooms: 5
  • Unit 2 Type: Apartment
Unit 3
  • Unit 3 Bedrooms: 1
  • Unit 3 Full Baths: 1
  • Unit 3 Partial Baths: 0
  • Unit 3 Identification: #3
  • Unit 3 Occupancy: Tenant
  • Unit 3 Rent Source: Owner
  • Unit 3 Rent: $1,390.00
  • Unit 3 Approx SqFt: 590.0
  • Unit 3 SqFt Source: Owner
  • Unit 3 # of Rooms: 4
  • Unit 3 Type: Apartment
Unit 4
  • Unit 4 Bedrooms: 1
  • Unit 4 Full Baths: 1
  • Unit 4 Partial Baths: 0
  • Unit 4 Identification: #4
  • Unit 4 Occupancy: Tenant
  • Unit 4 Rent Source: Owner
  • Unit 4 Rent: $1,200.00
  • Unit 4 Approx SqFt: 590.0
  • Unit 4 SqFt Source: Owner
  • Unit 4 # of Rooms: 4
  • Unit 4 Type: Apartment
Mobile/Manufactured Home
  • Width: 0.0
  • Length: 0.0
  • Berth Size Length: 0.0
  • Berth Size Width: 0.0
Income & Expenses
  • Income Includes: Coin Operated Equipment
Rental
Rent Information
  • Land Lease: false
  • Studio Annual Occupancy: .00%

Property History for 1722 V Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1722 V Street

Taxable ValueLand$22,678Additions$147,738Total$170,416
Tax Record2024$2,999 ($250 / month)
Home Facts
Total Finished SqFt4,825 SqFtAbove Grade Finished SqFt4,825 SqFtStories2Lot Size6,534 SqFtStyleMulti-Family Res (5+ Units)Year Built1969ZoningR-3A-SPDCountySACRAMENTOAPN009-0215-008-0000

Schools near 1722 V Street

This home is within Sacramento City Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
William Land Elementary School
PublicK to 6

Miwok Middle
Public7 to 8

C. K. Mcclatchy High School
Public9 to 12

The Met School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1722 V Street is a multi-family home for sale in Sacramento, CA 95818. This property was listed for sale on August 28, 2024 by J.A. Hunt, it's currently listed at $1,820,000. This listing's school district is Sacramento City Unified School District. Nearby schools include William Land Elementary School, Miwok Middle and C. K. Mcclatchy High School. 1722 V Street is a 6-bed, 4-bath, 4,825 sqft multi-family home built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of J.A. Hunt, Jonathan Hunt, DRE #01309254

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.