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Kim Oliver

kim@wagmorerealestate.com +1(916) 752-9672

$ 2,600,000

Est. payment -/mo

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Active

2111 J ST Sacramento, CA 95816

6,400 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 6,400 sqft

Price per Sqft $406

MLS Listing ID 225117731

HOA Y/N No

Year Built 1911

Lot Size 6,399 Sqft

Acres 0.1469

Property Sub-Type 5 or More Units

Source MLS Metrolist

Property Description

2109-2111 J Street is a 3-story multifamily building comprised of four large existing 1-bedroom and 1.5 bathroom luxury apartment units (each 988 SF) on the second and third floors of the building. The ground floor, measuring 2,058 SF, is vacant and can potentially be converted to two additional luxury residential units thereby increasing the total to 6 residential units. The City of Sacramento generally supports converting the retail space to additional residential units given the existing infrastructure, on-site parking, and zoning. The property was completely remodeled in 2019 including top-to-bottom upgrades to the retail space, all residential units and common areas; new stucco and paint to exterior of building; updated plumbing and electrical; and energy efficient HVAC units. The existing residential units feature new hardwood floors throughout, granite counters, solid wood custom cabinetry, designer lighting, stainless appliances, full-size washer/dryer in each unit, as well as completely remodeled bathrooms and kitchens. The property features 9 on-site parking stalls which are gated, lighted, and secured. Located in the heart of Midtown, just one block from the MARRS Building, THIS is Midtown events, and the Midtown Farmer's Market and walking distance to hundreds of restaurants and bars. The property is being offered at $2,600,000 which results in a proforma capitalization rate of 5.25%.

Location

State CA

County Sacramento

Area 10816

Direction Located near the corner of 21st and J Streets. Plenty of street parking directly outside the building.

Rooms

Other Rooms Unit-1 Type: Apartment Approx SqFt: 988 Bedrooms: 1 Full Baths: 1 Partial Baths: 1 Total Rooms: 3 Occupancy: Tenant Rent: 2500 SqFt Source: Measured Unit-2 Type: Apartment Approx SqFt: 988 Bedrooms: 1 Full Baths: 1 Partial Baths: 1 Total Rooms: 3 Rent: 2300 SqFt Source: Measured Unit-3 Type: Apartment Approx SqFt: 988 Bedrooms: 1 Full Baths: 1 Partial Baths: 1 Total Rooms: 3 Rent: 2500 SqFt Source: Measured Unit-4 Type: Apartment Approx SqFt: 988 Bedrooms: 1 Full Baths: 1 Partial Baths: 1 Total Rooms: 3 Rent: 2500 SqFt Source: Measured

Interior

Heating Central

Cooling Ceiling Fan(s), Central

Flooring Wood

Laundry In Each Unit

Exterior

Parking Features See Remarks, Leased

Utilities Available Other

Water Access Desc Public

Roof Type Flat

Total Parking Spaces 9

Building

Lot Description None

Story 3

Foundation Slab

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 007-0022-016-0000

Special Listing Condition None

Listed by Ken Turton, Broker

SCHOOLSPROPERTIES

Elementary Schools 20

10

Phoebe A. Hearst Elementary School

Public | KG - 6
9

Crocker/Riverside Elementary School

Public | KG - 6
7

Leonardo Da Vinci

Public | KG - 8
7

Theodore Judah Elementary School

Public | KG - 6
6

William Land Elementary School

Public | KG - 6
6

Father Keith B. Kenny Elementary School

Public | KG - 6
6

David Lubin Elementary School

Public | KG - 6
5

Washington Elementary School

Public | KG - 6
5

Smythe Academy of Arts and Sciences

Public | KG - 8
5

The Language Academy of Sacramento

Public | KG - 8
5

Woodlake Elementary School

Public | KG - 6
4

Jefferson Elementary School

Public | KG - 6
3

Harmon Johnson Elementary School

Public | 3 - 6
2

American Lakes School

Public | KG - 8
2

Aspire Capitol Heights Academy

Public | KG - 8
2

Tahoe Elementary School

Public | KG - 6
1

Elkhorn Village Elementary School

Public | KG - 8
1

Leataata Floyd Elementary School

Public | KG - 6
1

Bannon Creek Elementary School

Public | KG - 6
1

Ethel Phillips Elementary School

Public | KG - 6

Middle Schools 6

8

Sutter Middle School

Public | 7 - 8
6

Oak Park Preparatory Academy

Public | 7 - 8
5

California Middle School

Public | 7 - 8
3

Kit Carson Middle School

Public | 7 - 8
0

Westlake Charter Middle School

Public | 6 - 8
0

Wayne Geri Academy

Private | 6 - 11

High Schools 6

6

C. K. McClatchy High School

Public | 9 - 12
6

Sacramento Charter High School

Public | 9 - 12
4

Arthur A. Benjamin Health Professions High School

Public | 9 - 12
4

The Met

Public | 9 - 12
0

American Legion High (Continuation)

Public | 9 - 12
0

Christian Brothers High School

Private | 9 - 12

School and business data provided by Attom Data.

Kim Oliver

REALTOR | Investor | SOLIVKIMCA DRE# 02143703

+1(916) 752-9672

Kim Oliver

2111 J ST Sacramento, CA 95816

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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2111 J ST