Sold
1721 O Street
Sacramento CA, 95811
$3,300,000
$505.05 per sqft
Sold
6 Beds
4 Baths
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 Beds
Bathrooms
4 Baths
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
Buyer Agency Compensation
1.5%
Courtesy of Titan Commercial, Daniel Dabkoski,
Listing Contact:
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