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1018 22nd ST Sacramento, CA 95816
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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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Bought with Ken Turton, Broker
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