L Street
Sacramento, CA 95816
2423 L Street (8 Units) presents a rare opportunity to acquire a boutique multifamily asset in the heart of Midtown Sacramento, one of the regions most desirable and vibrant urban neighborhoods. The property consists of Six large Studio Apartments that have been tastefully remodeled and complemented by two newly constructed detached ADU units, each offering approximately 600 square feet with 2bedroom/1bathroom floor plans. The combination of existing rental income and brand-new construction creates an attractive investment opportunity with a diverse unit mix and a strong long term rental demand. The front building consists of six studio apartments that provide efficient and affordable housing in a highly sought-after rental market. Behind the main structure are two newly completed detached
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Water/Sewer
Sewer: Private Sewer, See Remarks -
Flooring Information
Laminate, Vinyl, Wood, Luxury Vinyl Plank, Varies by Unit -
Interior Features
Laundry Features: Varies by Unit -
Heating & Cooling
Heating: Central, Varies by Unit Cooling: Central, Varies by Unit WaterSource: Meter on Site, See Remarks
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Building Information
Year Built: 1900 Stories: 3 Construction Materials: Stucco, Vinyl Siding, See Remarks Foundation Details: Concrete -
Exterior Features
Foundation Details: Concrete -
Laundry Features
Varies by Unit
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Lot Information
Lot Description: Private, Other Lot Square Feet: 5,227 Stories: 3Property Information
Property Type: Residential Income Sub Type: 5 or More Units Construction Materials: Stucco,Vinyl Siding,See Remarks Property Age: 126 Cross Street: 25th Street Source Neighborhood: 10816 Area: Sacramento S: 95816 Zoning: R-3A-SPD Structure Type: ApartmentsFarm Info
Irrigation Source: Meter on Site, See Remarks
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Listing Price Information
Listing Id: 226083606 List Price: $1,950,000
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Tax Information
Parcel Number: 007-0102-017
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Parking Information
Parking Total: 8 Off Street, Uncovered, Varies by Unit
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Elementary School District: Sacramento UnifiedJunior High School District: Sacramento UnifiedSenior High School District: Sacramento Unified
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Utility Information
Electric, Natural Gas Connected -
Location Information
Direction: Located at 24th and L Street
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 32nd Street, Sacramento, CA, 95816 | $499,000 | 2 | 1 | 910 | 910 SqFt |
| 22nd Street, Sacramento, CA, 95816 | $645,000 | 2 | 2 | 1,104 | 1,104 SqFt |
| 36th Street, Sacramento, CA, 95816 | $625,000 | 1 | 1 | 984 | 984 SqFt |
| Democracy Alley, Sacramento, CA, 95816 | $675,000 | 3 | 3 | 1,581 | 1,581 SqFt |
| Q Street, Sacramento, CA, 95816 | $644,000 | 3 | 1 | 1,300 | 1,300 SqFt |
| S Street, Sacramento, CA, 95816 | $999,900 | 3 | 2 | 1,127 | 1,127 SqFt |
| Democracy Alley, Sacramento, CA, 95816 | $699,000 | 3 | 3 | 1,581 | 1,581 SqFt |
| T Street, Sacramento, CA, 95816 | $1,700,000 | -- | -- | 5,463 | 5,463 SqFt |
| 37th Street, Sacramento, CA, 95816 | $1,425,000 | 3 | 3 | 1,965 | 1,965 SqFt |
| N Street, Sacramento, CA, 95816 | $899,000 | 4 | 3 | 3,397 | 3,397 SqFt |
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ByOwner last updated this listing 07/23/2026 @ 08:45
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