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$1,550,000
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Property Description
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. Investment highlights include potential for long-term appreciation & rental upside. Improvements include tankless water heaters, a repaved parking lot, a roof less than ten years old, a fresh coat of paint, upgraded electrical subpanels, partially upgraded plumbing system to copper & dual-pane windows. This is an opportunity to acquire prime real estate in one of Sacramento's most sought after locales.
Full Property Details
Full Property Details for 1722 V St
General
- Sold For: $1,550,000
- Status: Closed
- Type: Multi-Family
- Source: METROLIST_Cali
- MLS ID: 225031998
- Added to Site: 317 day(s) ago
Interior
- Appliances: Free Standing Refrigerator, Dishwasher, Free Standing Electric Range
- Flooring: Carpet, Laminate, Linoleum
Rooms
Other Rooms
- Laundry: Coin Operated, In Common Area
Parking
- Total Spaces: 6
- Parking: Attached, Off-Street Parking, Open, Street
Location
- Area: 10818
- County: Sacramento
- Cross Streets: 18th
- Driving Directions: 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.
School Information
- School District: Sacramento
- Elem School District: Sacramento Unified
- Midd School District: Sacramento Unified
- High School District: Sacramento Unified
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Window Unit(s)
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Natural Gas Connected, City, Electric
Structural Information
- Construction Status: Updated/Remodeled
- Construction: Brick Veneer, Stucco
- Foundation: ConcretePerimeter
- Roof: Composition
- Windows: Dual Pane Partial
- Stories/Levels: 2
- Square Feet: 4,825
- Sq. Ft. Source: Assessor Auto-Fill
- Year Built: 1960
Unit Information
- Studio/Effic Units: 1
Unit 1
- Bedrooms: 2
Unit 2
- Bedrooms: 2
Unit 3
- Bedrooms: 1
Unit 4
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,534
- Irrigation System: Public District
- Zoning: R-3A
- Lot Description: Landscape Front
Disclosures and Reports
- Special Conditions: None
- APN: 009-0215-008-0000
Listed by J.A. Hunt
Sold by Non-MLS Office
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Schools
Schools serving 1722 V St
School District:Sacramento City Unified School District
| Name | Grades | Distance |
|---|---|---|
William Land Elementary School 2120 12th Street, Sacramento, CA 95818 | K-6 | 0.5 mi |
Miwok Middle 3150 I Street, Sacramento, CA 95816 | 7-8 | 1.6 mi |
C. K. Mcclatchy High School 3066 Freeport Boulevard, Sacramento, CA 95818 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1722 V St
Date
Details
Price
Change
Source
5/19/2025
Sold
$1,550,000
-6.06%
MLS
4/10/2025
Listed
$1,650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1722 V Street, Sacramento, CA 95818 (MLS# 225031998) is a Multi-Family property that was sold at $1,550,000 on May 19, 2025. Want to learn more about 1722 V 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.

