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V Street

Sacramento, CA 95818
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SqFt4,825

Sqft(Lot)

SqFt6,534

Sqft(Lot)

This exceptional 8-unit apartment building, nestled in the coveted Richmond Grove neighborhood of Sacramento, presents a unique opportunity for investors seeking a stable, income-generating asset. Under the careful stewardship of the same family for over 50 years, this property has consistently maintained high occupancy rates and reliable rental income. This fully occupied, turnkey property offers immediate cash flow and minimal management requirements. Situated in the desirable Richmond Grove neighborhood, it benefits from easy access to shopping, dining, entertainment, transportation, healthcare and major employers. The high demand for rental housing in the Midtown Sacramento area supports strong rental income and long-term stability. Investment highlights include potential for long-term appreciation & rental upside. Improvements include tankless water heaters, a repaved parking lot, a new roof, a fresh coat of paint, upgraded electrical subpanels, partially upgraded plumbing system to copper & dual-pane windows. Seller will consider carrying a first position note subject to approval and terms to be negotiated. This is an opportunity to acquire prime real estate in one of Sacramento's most sought after locales.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,820,000

AD Id : 58456631

MLS Id : 224091741

Lot Size : 6,534 Sqft(Lot)

Living Area Size : 4,825

County : Sacramento

  • Map Map

Map

Feature Features

  • Bedroom Information

    Window Feature: Dual Pane Partial

    Water/Sewer

    Sewer: Public Sewer
  • Flooring Information

    Carpet, Laminate, Linoleum
  • Roofing Information

    Composition
  • Interior Features

    Roof: Composition Appliances: Free Standing Refrigerator, Dishwasher, Free Standing Electric Range Laundry Features: Coin Operated, In Common Area
  • Heating & Cooling

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

  • Building Information

    Year Built: 1960 Stories: 2 Construction Materials: Brick Veneer, Stucco Roof: Composition Foundation Details: ConcretePerimeter
  • Exterior Features

    Foundation Details: ConcretePerimeter
  • Laundry Features

    Coin Operated, In Common Area

  • Lot Information

    Lot Description: Landscape Front Lot Square Feet: 6,534 Stories: 2 Main Square Feet: 4,825

    Property Information

    Property Type: ResidentialIncome Sub Type: 5 or More Units SQ ft (Living Area): 4,825 Construction Materials: Brick Veneer,Stucco Property Age: 66 Cross Street: 18th Source Neighborhood: 10818 Area: Sacramento S: 95818 Zoning: R-3A Living Area Source: Assessor Auto-Fill Structure Type: Apartments

    Farm Info

    Irrigation Source: Public District

  • Listing Price Information

    Listing Id: 224091741 List Price: $1,820,000 List Price Tot SqFt: $377

  • Tax Information

    Parcel Number: 009-0215-008-0000

  • Parking Information

    Parking Total: 6 Attached, Off Street, Open, Street

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

    Natural Gas Connected, City, Electric
  • Location Information

    Direction: From 16th Street turn right on V, travel through 17th St and property will be on the right. From 19th Street, turn right on V Street and travel through 18th Street and property will be on the left.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
16th Street, Sacramento, CA, 95818 $2,900,000 -- -- -- Acres (Lot)--
28th Street, Sacramento, CA, 95818 $1,495,000 -- -- 4,213 Acres (Lot)--
27 Street, Sacramento, CA, 95818 $1,750,000 -- -- -- Acres (Lot)--
Broadway, Sacramento, CA, 95818 $2,295,000 -- -- -- Acres (Lot)--
Tomato Alley, Sacramento, CA, 95818 $299,900 -- -- -- Acres (Lot)--
27th Street, Sacramento, CA, 95818 $749,000 -- -- 1,407 3,484.80 Sqft(Lot)
27th Street, Sacramento, CA, 95818 $799,000 -- -- 1,407 6,398.96 Sqft(Lot)
U Street, Sacramento, CA, 95818 $2,980,000 -- -- -- 9,583.20 Sqft(Lot)
10th Street, Sacramento, CA, 95818 $8,995,000 -- -- -- 9,600.62 Sqft(Lot)
W Street, Sacramento, CA, 95818 $1,049,000 -- -- 3,097 1,437.48 Sqft(Lot)

ByOwner last updated this listing 06/09/2026 @ 10:01

MLS: 224091741 LISTED BY: Jonathan Hunt, J.A. Hunt SOURCE: MLS Metrolist

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