2823 U ST, Sacramento, CA 95817
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2823 U ST, Sacramento, CA 95817
2823 U ST, Sacramento, CA 95817
2823 U ST, Sacramento, CA 95817
2823 U ST, Sacramento, CA 95817
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Erik Tejeda

Erik Tejeda

+1(530) 845-8035
$ 1,495,000
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2823 U ST Sacramento, CA 95817

7,830 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 7,830 sqft

Price per Sqft $190

MLS Listing ID 226072899

HOA Y/N No

Year Built 1962

Lot Size 6534.000 Acres

Acres 0.15

Property Sub-Type 5 or More Units

Source MLS Metrolist

Property Description

2823 U Street, a well-located 10-unit apartment community in one of Sacramento's most desirable urban neighborhoods. Situated just blocks from the vibrant Midtown corridor and in close proximity to East Sacramento, the property benefits from strong tenant demand driven by its walkability, access to major employment centers, and proximity to Sacramento's best dining, retail, and entertainment amenities. The property offers a compelling value-add opportunity through continued unit renovations and rent growth. Current operations indicate meaningful upside as units are modernized and rents are aligned with surrounding market-rate properties. The underwriting projects a significant increase in net operating income through a combination of rental upside, utility reimbursements, and operational efficiencies, creating a clear path to enhanced cash flow and long-term appreciation.

Location

State CA

County Sacramento

Area 10817

Direction South on Business 80, exit P Street, turn left onto 29th Street, Right onto U Street.

Rooms

Other Rooms Unit-1 Approx SqFt: 700 Bedrooms: 1 Full Baths: 1 Rent: 1190 SqFt Source: Owner

Interior

Heating Wall Furnace

Cooling Wall Unit(s)

Flooring Vinyl

Laundry Other

Exterior

Parking Features Covered

Utilities Available City

Water Access Desc Public

Building

Lot Description Landscape Back, Landscape Front

Story 2

Foundation Raised

Sewer Public Sewer

Water Public

Schools

Elementary Schools Sacramento Unified

Middle Schools Sacramento Unified

High Schools Sacramento Unified

School District Sacramento

Others

Senior Community No

Tax ID 010-0123-014-0000

Special Listing Condition None

MetroList® Services, Inc
Listed by Marcus & Millichap Real Estate
Erik Tejeda

Erik Tejeda

Team Lead/ Office Manager | License ID: 01907830

+1(530) 845-8035

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