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1721 O Street, Sacramento, CA 95811
$3,300,000
1721 O Street, Sacramento, CA 95811View this property at 1721 O Street, Sacramento, CA 95811
1721 O StreetSacramentoCA95811
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Property Description
1721 O Street, a charming mid-century apartment community centrally located in Sacramento's highly desirable Midtown neighborhood. The building consists of 10-studio/one-bathroom units, 6 one-bedroom/one bathroom units, and 1-large three-bedroom/one bathroom unit. Due to its high proportion of studio and one-bedroom units 1721 O Street provides an attractive unit mix for urban apartment dwellers who typically demand smaller, more affordable living spaces. Amenities at the property include a security door, well illuminated interior hallways, ample on-site laundry, and a rare 9 car parking garage. Costar is forecasting ample rent growth in the greater Sacramento region in the next 5 years due to an increasingly robust economy and the continued migration of new affluent renters into the region. The current ownership has kept the rents at the property low relative to the current market, thus affording a new owner the opportunity to continue to push rents higher in the future.
Full Property Details
Full Property Details for 1721 O St
General
- Sold For: $3,300,000
- Status: Closed
- Type: Multi-Family
- MLS ID: 221112904
- Added to Site: 963 day(s) ago
Interior
- Appliances: Varies By Unit
- Flooring: Varies by Unit
Rooms
Other Rooms
- Laundry: Coin Operated, In Common Area
Additional Information
- Security/Safety: Varies By Unit
Parking
- Garage Spaces: 9
- Attached/Detached: 9
- Parking Features: Garage
- Parking: Garage
Location
- County: Sacramento
- Cross Streets: 18th St
- Driving Directions: Follow CA-99 S and I-5 S to Q St in Sacramento. Take exit 519A from I-5 S. Continue on Q St. Drive to O St.
School Information
- School District: Sacramento
- Elementary School: Sacramento Unified
- Middle School: Sacramento Unified
- High School: Sacramento Unified
Heating & Cooling
- Cooling Type: Varies by Unit
- Heating Type: Varies by Unit
Structural Information
- Construction: Brick, Wood, Other
- Stories/Levels: 2
- Year Built: 1950
Unit Information
Unit 1
- Square Feet: 957
- Bedrooms: 3
Unit 2
- Square Feet: 650
- Bedrooms: 1
Unit 3
- Square Feet: 650
- Bedrooms: 1
Unit 4
- Square Feet: 650
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,534
- Zoning: R-3A-SPD
Financial Considerations
- Price Per Sq. Ft.: $318.63
- Price Per Acre: $22,000,000
- Terms: 1031 Exchange, Cash, Conventional
Disclosures and Reports
- Buyer’s Brokerage Compensation: 1.50%
Listed by Titan Commercial
Sold by Non-MLS Office - Sac
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Schools
Schools serving 1721 O St
School District:Sacramento City Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
3919 McKinley Blvd, Sacramento, CA 95819 | K-6 | 1.9 mi | |
3150 I St, Sacramento, CA 95816 | 7-8 | 1.2 mi | |
3066 Freeport Blvd, Sacramento, CA 95818 | 9-12 | 1.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1721 O St
Date
Details
Price
Change
Source
12/17/2021
Sold
$3,300,000
-5.71%
MLS
9/05/2021
Listed
$3,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1721 O Street, Sacramento, CA 95811 (MLS# 221112904) is a Multi-Family property that was sold at $3,300,000 on December 17, 2021. Want to learn more about 1721 O Street? Do you have questions about finding other Multi-Family real estate for sale in Sacramento? You can browse all Sacramento real estate or contact a Coldwell Banker agent to request more information.