Sacramento, CA 95816,1018 22nd ST
Sacramento, CA 95816,1018 22nd ST
Sacramento, CA 95816,1018 22nd ST
41
$2,100,000
$2,850,000
26.3%
Est.Price: ?

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6,400 Sqft Lot

1018 22nd ST Sacramento, CA 95816

Est. payment /mo
SOLD DATE : 08/24/2023

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Key Details

Sold Price $2,100,000

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 223007563

Sold Date 08/24/23

HOA Y/N No

Originating Board MLS Metrolist

Year Built 1924

Lot Size 6,400 Sqft

Acres 0.1469

Property Sub-Type 5 or More Units

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.

Location

State CA

County Sacramento

Area 10816

Direction 22nd and K

Interior

Heating Varies by Unit

Cooling Varies by Unit

Flooring Concrete, Wood, Varies by Unit

Laundry Other

Exterior

Parking Features Garage

Garage Spaces 4.0

Utilities Available City, Electric

Water Access Desc Public

Total Parking Spaces 4

Building

Lot Description Corner, Zero Lot Line

Story 2

Foundation BrickMortar, Raised, Slab

Sewer Public Sewer

Water Public

Architectural Style Victorian

Schools

Elementary Schools Sacramento Unified

Middle Schools Sacramento Unified

High Schools Sacramento Unified

School District Sacramento

Others

Senior Community No

Tax ID 007-0091-006

Special Listing Condition None

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MetroList® Services, Inc (RESO)
Listed by Ken Turton, Broker
Bought with Ken Turton, Broker

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agent

Desmond Sandy

Agent | License ID: 02083867

+1(530) 263-1925

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