1026 22nd Street, Sacramento, CA 95816

$2,850,000
4
BD
3
Full Baths
2,400
SqFt
List Price
$2,850,000
MLS#
222078747
Status
ACTIVE
Bedrooms
4
Bathrooms
3
Living Sq. Ft
2,400
Type
Multifamily
Zip
95816
city
Sacramento

Property Description

Landmark property on the market for the first time in half a century - 1026 22nd St, 2131 K, & 1018 22nd. Portfolio of 2 parcels with 3 separate structures & development opportunity located on the most attractive corner in Midtown, across from Temple Coffee, surrounded by award-winning dining amenities, cafes, & boutiques. Corner brick building is ~5482 SF commercial retail/office/residential on 3200 SF parcel. All four apartments 1-bed 1-bath. 2 have balconies & extra storage space. Inline Victorian building is ~2507 SF commercial retail/office plus detached 4-stall garage on 3200 SF parcel. Remarkable historic architecture/design & prominent high visibility signage on K & 22nd St. with diverse mix of tenants. New owner can realize tremendous upside after renovation of the commercial spaces, updating apartments with modern appliances, re-tenanting all units at market value rents & potentially developing a project of more units on the alley.

Additional Information

Land Area (Acres)
0.1469
Year Built
1924
Number of Buildings
3
Number of 1 Bedroom Units
4
Number Leasable
8

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Ken Turton, Broker.

metrolist logo

All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2022 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .

Terms of Use