1026 22nd Street

Sacramento, CA, 95816

$2,850,000

$2,850,000
Active
Active
 - For Sale
property_type
Multi-family
calendar
Built 1924
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.
MLS® ID:
222078747
Listed:
6/14/22
Updated:
8/19/22
Realty ONE Group International
Fridaleen Lou-Dizon

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Laundry Description
Other
Floor Description
Concrete, Wood, Varies by Unit
Cooling
Varies by Unit
Heating
Varies by Unit

Exterior/Building Features

Lot Size
6,400 ft² lot
Architectural Style
Victorian
Lot Details
Corner, Zero Lot Line
Sewer
Public Sewer

School Information

School District
Sacramento
High School
Sacramento Unified
Middle/Jr High
Sacramento Unified
Elementary School
Sacramento Unified

Other Property Details

Area Name
10816
HOA Fee
$0.00
Garage
Yes
Garage Spaces
4
Parking
Garage
Parking Total
4.0
View
N
County
Sacramento
Utilities
City, Electric
Water Source
Public
Total Stories
2

 

Courtesy of Ken Turton, Broker, Patrick Stelmach

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Realty ONE Group International
Fridaleen Lou-Dizon
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