515 21st ST Active Save Request In-Person Tour Request Virtual Tour
Sacramento,CA 95811
Key Details
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 224117333
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1968
Lot Size 4,356 Sqft
Acres 0.1
Property Description
515 21st Street is located in Boulevard Park - a quiet and historic neighborhood in Midtown Sacramento esteemed for its original craftsman and colonial homes, spectacular tree canopy, and easy walking and biking distance to dozens of cafes, grocers, employers, bars, and venues. This property features a total building area of approximately 4,161 square feet, comprising a two-story building with 17 dorm-style studios, two shared kitchens, three shared bathrooms and one bathroom in the managers unit, and one shared laundry room. It also offers six covered parking stalls, in addition to abundant street parking. The building has undergone recent renovations, boasting modern interior and exterior finishes that enhance its appeal. Positioned as the most affordable housing option in Midtown, it promises reliable cash flow when fully leased with a Proforma Net Operating Income of $141,915. The location is highly desirable, within walking and biking distance to a variety of popular Midtown amenities. These include La Costa Cafe, New Roma Bakery, Target, Bonfare Market, Ace Hardware, The Mill Coffee, At Ease Brewing, among others, as well as several accessible bus stops, making it an attractive choice for tenants seeking convenience and affordability in a vibrant community.
Location
State CA
County Sacramento
Area 10811
Direction The Property is located on the NE corner of 21st Street and Eggplant Alley, in between E and F Street, in the heart of the Boulevard Park neighborhood district.
Interior
Heating Central
Cooling Central
Flooring Carpet,Tile
Laundry In Common Area
Exterior
Parking Features Covered
Utilities Available Cable Available,Natural Gas Connected,Electric,Internet Available
Water Access Desc Public
Total Parking Spaces 6
Building
Lot Description Sidewalk
Foundation BrickMortar
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 003-0132-001-000
Special Listing Condition Other