Sacramento, CA 95818,2006 U ST
Sacramento, CA 95818,2006 U ST
Sacramento, CA 95818,2006 U ST
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$1,625,000
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2,016 SqFt
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2006 U ST Sacramento, CA 95818

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Sierra Player

Sierra Player

+1(530) 604-9319

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,016 sqft

Price per Sqft $806

MLS Listing ID 226007648

HOA Y/N No

Year Built 1952

Lot Size 0.270 Acres

Acres 0.27

Property Sub-Type Quadruplex

Source MLS Metrolist

Property Description

The Grove is a rare, one-of-one multifamily portfolio in midtown Sacramento, available for sale for only the second time in the last 25 years. The property includes two adjacent parcels with 4 total residential units situated over approximately 11,761 square feet of commercial-zoned land. The portfolio is comprised of the following adjacent properties: 2006-2010 U Street, a single-story triplex building and stand-alone three-car garage on a 5,663 square foot parcel of land; and 2016 U Street, a stand-alone single-family residence featuring two bedrooms and two full bathrooms situated on a 6,098 square foot parcel of land. The property boasts nearly 7,000 square feet of excess land surrounding the existing structures, providing the tenants with private courtyards and amenity space among old growth Cedar trees and curated landscaping. All four units have been carefully updated over the years including refinished original hardwood floors, varying degree of renovated kitchens and bathrooms, interior paint and lighting, and new mini-split HVAC units in all units. For those adventurous investors, the underlying land, measuring almost 12,000 SF in a near-rectangle shape stretching from U Street to Uptown Alley, can also accommodate ground up development given the existing C-2-SPD zoning and 6.0 Floor Area Ratio as established by the 2040 General Plan. The portfolio is offered at $1,625,000 which is $406,250 per residential unit or $138 per square foot for the underlying land. The in-place capitalization rate is 4.20% cap rate based on existing income and expenses. The two properties must be purchased together.

Location

State CA

County Sacramento

Area 10818

Direction Located near the corner of 20th and U Street. Plenty of street parking available nearby.

Rooms

Other Rooms Unit-1 Type: Apartment Bedrooms: 2 Full Baths: 2 Occupancy: Tenant Rent: 2600 Unit-2 Type: Apartment Bedrooms: 1 Full Baths: 1 Occupancy: Tenant Rent: 1615 Unit-3 Bedrooms: 1 Full Baths: 1 Occupancy: Tenant Rent: 2000 Unit-4 Bedrooms: 1 Full Baths: 1 Occupancy: Vacant

Basement None

Interior

Interior Features Vaulted Ceiling(s)

Heating Central, Fireplace(s)

Cooling Ceiling Fan(s), Central, Wall Unit(s), Window Unit(s)

Flooring Tile, Wood

Window Features Varies by Unit

Appliance Ice Maker, Dishwasher, Microwave, Free Standing Electric Oven

Laundry In Each Unit

Exterior

Exterior Feature Yard Space

Parking Features Detached, Street, Garage

Garage Spaces 3.0

Utilities Available City

Water Access Desc Public

Roof Type Shingle

Topography Level

Porch Varies by Unit

Total Parking Spaces 4

Building

Lot Description Private, Secluded, Garden

Story 1

Foundation Concrete

Sewer Public Sewer

Water Public

Architectural Style Unknown

Schools

Elementary Schools Sacramento Unified

Middle Schools Sacramento Unified

High Schools Sacramento Unified

School District Sacramento

Others

Senior Community No

Tax ID 010-0094-003-0000

Special Listing Condition None

MetroList® Services, Inc
Listed by Ken Turton, Broker

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Crocker/Riverside Elementary School

    Public | KG - 6

  • 7

    Leonardo Da Vinci

    Public | KG - 8

  • 7

    Theodore Judah Elementary School

    Public | KG - 6

  • 6

    William Land Elementary School

    Public | KG - 6

  • 6

    St. Hope Public School 7

    Public | KG - 8

  • 6

    Father Keith B. Kenny Elementary School

    Public | KG - 6

  • 6

    David Lubin Elementary School

    Public | KG - 6

  • 5

    Stonegate Elementary School

    Public | KG - 8

  • 5

    Sutterville Elementary School

    Public | KG - 6

  • 5

    Washington Elementary School

    Public | KG - 6

  • 5

    The Language Academy of Sacramento

    Public | KG - 8

  • 5

    Woodlake Elementary School

    Public | KG - 6

  • 2

    Hollywood Park Elementary School

    Public | KG - 6

  • 2

    Aspire Capitol Heights Academy

    Public | KG - 8

  • 1

    Riverbank Elementary School

    Public | KG - 8

  • 1

    Elkhorn Village Elementary School

    Public | KG - 8

  • 1

    John Cabrillo Elementary School

    Public | KG - 6

  • 1

    Leataata Floyd Elementary School

    Public | KG - 6

  • 1

    Ethel Phillips Elementary School

    Public | KG - 6

  • 1

    Bret Harte Elementary School

    Public | KG - 6

Middle Schools 8
  • 8

    Sutter Middle School

    Public | 7 - 8

  • 6

    Oak Park Preparatory Academy

    Public | 7 - 8

  • 5

    California Middle School

    Public | 7 - 8

  • 3

    Sam Brannan Middle School

    Public | 7 - 8

  • 3

    Kit Carson Middle School

    Public | 7 - 8

  • 0

    Evergreen Middle School

    Public | 7 - 9

  • 0

    Wayne Geri Academy

    Private | 6 - 11

  • 0

    Mvp Diamond Academy

    Private | 7 - 8

High Schools 8
  • 10

    West Campus

    Public | 9 - 12

  • 6

    C. K. McClatchy High School

    Public | 9 - 12

  • 6

    Sacramento Charter High School

    Public | 9 - 12

  • 4

    Arthur A. Benjamin Health Professions High School

    Public | 9 - 12

  • 4

    The Met

    Public | 9 - 12

  • 0

    Yolo High School

    Public | 9 - 12

  • 0

    American Legion High (Continuation)

    Public | 9 - 12

  • 0

    Christian Brothers High School

    Private | 9 - 12

School and business data provided by Attom Data.

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Sierra Player

+1(530) 604-9319

sierraplayerrealtor@gmail.com

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