1720 N Street, Sacramento, CA

$3,298,000

0.15

Acres

About 1720 N Street

Turton Commercial Real Estate is please to exclusively offer for sale 1720 N Street, dubbed the Ambassador Gardens'', and herein referenced as the Property'', as a rare opportunity to acquire a centrally located multifamily asset in the urban core of Sacramento. The Property is being offered for sale at $3,298,000, representing pricing of approximately $235,571 per unit. Consisting of 14 residential units, a laundry room with coin operated machines, and covered parking, Ambassador Gardens provides a healthy unit mix of one 3 bedroom 1.5 bathroom floorplan, one two bed one bath, eight 1 bed 1 bath units, and four studio options. The Property is currently 71% occupied and has just received over $100,000 in various improvements including vacant unit renovations, new fixtures and appliances, fresh exterior paint, and a new water heater. Ambassador Gardens is poised for stabilization to 100% occupancy at market rents and represents a strong value-add'' opportunity for any multifamily investor.

Facts & Features

MLS® # 224027091
Price $3,298,000
Acres 0.15
Year Built 1952
Type Residential Income
Sub-Type 5 or More Units
Status Active

Community Information

Address 1720 N Street
Area 10811
City Sacramento
County Sacramento
State CA
Zip Code 95811

Amenities

Parking Spaces 3
Parking Covered,Street
Has Pool No

Interior

Interior Simulated Wood,Laminate,Wood,Varies by Unit
Heating Electric,Hot Water
Cooling Window Unit(s)
Fireplace No
Stories Two

Exterior

Lot Description Landscape Front
Foundation BrickMortar, Concrete

School Information

District Sacramento Unified
Elementary Sacramento Unified
Middle Sacramento Unified
High Sacramento Unified

Additional Information

Zoning R-3A-SPD

Listing Details

OfficeKen Turton, Broker

Listing Map

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