Pending

P Street

Sacramento, CA 95811
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Acres

Acres (Lot)

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1823 P Street is being offered for sale as part of a two-property value-add portfolio priced at $155,000 per unit. The property features 6 total units situated in a 1,964 square foot two-story building. The property includes 1 one bed/one bath unit and 5 single room occupancy (SRO) units which share a common toilet room and shower room; 4 of the 5 SRO units have a small kitchenette with sink inside the unit. The property is currently 100% leased and generates a gross rent of approximately $5,240 per month with an average rent of $873 per month or $2.67 PSF. The existing structure is built on the front 1/3 of the parcel which leaves approx. 3,000 of buildable land to the north with access from Carriage Path Alley. The basement includes storage space and three (3) more potential SRO units ea ch with a dedicated entry, living space, stubbed plumbing and electricity. The adjacent property (see separate listing for 1819-1821 P Street) is also available for sale, allowing an investor to acquire up to 20 residential units between the two properties; the properties may be purchased separately or together. The property is located near the corner of 19th and P Streets, just blocks from the Truitt Bark Park, Safeway Shopping Center, Ice Blocks, public transit, and dozens of amenities.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $850,000

AD Id : 67016334

MLS Id : 225117891

County : Sacramento

  • Map Map

Map

Feature Features

  • Water/Sewer

    Sewer: Public Sewer
  • Flooring Information

    Carpet, Wood
  • Interior Features

    Appliances: Dishwasher, Microwave Laundry Features: In Common Area
  • Heating & Cooling

    Heating: Other Cooling: Ceiling Fan(s), Wall Unit(s), Window Unit(s) WaterSource: Public

  • Building Information

    Stories: 2 Construction Materials: Stucco, Frame, Wood Foundation Details: Raised
  • Exterior Features

    Foundation Details: Raised
  • Laundry Features

    In Common Area

  • Lot Information

    Lot Description: Shape Regular Lot Square Feet: 6,399 Stories: 3

    Property Information

    Property Type: ResidentialIncome Sub Type: 5 or More Units Construction Materials: Stucco,Frame,Wood Cross Street: 19th Street Source Neighborhood: 10811 Area: Sacramento S: 95811 Zoning: R-3-SPD Structure Type: Apartments

    Farm Info

    Irrigation Source: Other

  • Listing Price Information

    Listing Id: 225117891 List Price: $850,000

  • Tax Information

    Parcel Number: 007-0242-018-0000

  • Parking Information

    Offsite

  • Elementary School District: Sacramento Unified
    Junior High School District: Sacramento Unified
    Senior High School District: Sacramento Unified
  • Utility Information

    Electric
  • Location Information

    Direction: Near the corner of 19th and P Streets. Plenty of street parking nearby.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
712 20th Street, Sacramento, CA, 95811 $2,600,000 -- -- -- 6,098.40 Sqft(Lot)
N Street, Sacramento, CA, 95811 $3,459,000 -- -- 11,137 Acres (Lot)--
S Street, Sacramento, CA, 95811 $20,000,000 -- -- 34,194 Acres (Lot)--
O Street, Sacramento, CA, 95811 $12,500,000 -- -- -- Acres (Lot)--
H Street, Sacramento, CA, 95811 $925,000 -- -- 2,906 Acres (Lot)--
N Street, Sacramento, CA, 95811 $3,298,000 -- -- 8,221 6,534 Sqft(Lot)
2015 K Street, Sacramento, CA, 95811 $6,400,000 -- -- -- Acres (Lot)--
T Street, Sacramento, CA, 95811 $2,660,000 -- -- -- 6,398.96 Sqft(Lot)
Capitol Avenue, Sacramento, CA, 95811 $1,799,000 -- -- -- 4,791.60 Sqft(Lot)
N 5th Street, Sacramento, CA, 95811 $540,000 -- -- -- 12,013.85 Sqft(Lot)

ByOwner last updated this listing 06/10/2026 @ 20:44

MLS: 225117891 LISTED BY: Jon Lang, Ken Turton, Broker SOURCE: MLS Metrolist

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