1026 P Street, Sacramento, CA 95814, Sacramento, 95814 - 2 bed, 2 bath
ACTIVE$375,000$840/sqft
1026 P Street, Sacramento, CA 95814
2Beds
2Baths
840Sqft
Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Exceptional Downtown Location: Unbeatable proximity to the California State Capitol and R Street Corridor, ideal for urban living, state employees, and nightlife, offering high walkability and access to amenities.
Top Cons:
High Monthly Association Fee: The $449 monthly association fee is a significant recurring expense that could impact affordability and overall cost of ownership, especially for budget-conscious buyers or investors.
Compared to the nearby listings
Price:$375.0K vs avg $345.0K (+$30,000)60%
Size:840 sqft vs avg 840 sqft50%
Price/sqft:$446 vs avg $44650%
More Insights
Built in 1984 (42 years old).
Condition: This 1984-built condo is move-in ready and well-maintained, featuring updated flooring, modern lighting, and efficient mini-split heating/cooling systems in the bedrooms. The bathrooms have also been updated with contemporary tiling and fixtures. While the kitchen's tiled countertops and some appliances (refrigerator, range, microwave) show their age, the overall condition is very good, with a newer dishwasher and functional layout. The property has clearly undergone significant renovations, making it comfortable and appealing without immediate major work required.
Year Built
1984
Close
-
List price
$375K
Original List price
-
Price/Sqft
$446
HOA
$449
Days on market
-
Sold On
-
MLS number
226000284
Home ConditionGood
Features
Deck
Pool
Spa
View-
About this home
Spacious, tasteful and centrally located 2 bedroom, 2 bath unit in Downtown Sacramento! Two blocks from the California State Capitol, and two blocks from the R Street Corridor- this location is ideal for State employees, night life seekers or urban dwellers! This unit features updated flooring, lighting and in unit washer and dryer! The bedrooms also have mini-split systems for heating and cooling making this incredibly comfortable anywhere you are in the unit. Available with current furnishings to get a head start on living or to outfit your Sacramento pied-a-terre! This also could be a lucrative rental unit as it has a proven track record of desirability and rental income. The space comes with a private balcony, designated parking space and communal pool and spa! Don't sleep on this Downtown condo development in the center of everything Midtown and Downtown have to offer! View today!
M
Mairin Haley
Listing Agent
Nearby schools
6/10
William Land Elementary School
Public,•K-6•0.4mi
/10
Washington Elementary School
Public,•K-6•1.0mi
7/10
Theodore Judah Elementary School
Public,•K-6•2.4mi
/10
Bryte Elementary School
Public,•K-2•2.7mi
3/10
Bannon Creek Elementary School
Public,•K-6•3.0mi
3/10
Woodlake Elementary School
Public,•K-6•3.1mi
5/10
Two Rivers Elementary School
Public,•K-5•3.2mi
7/10
Sutter Middle School
Public,•7-8•1.7mi
4/10
Elkhorn Village Elementary School
Public,•K-8•2.0mi
3/10
Westmore Oaks Elementary School
Public,•K-8•2.2mi
3/10
Riverbank Elementary School
Public,•K-8•2.6mi
3/10
Rio Tierra Junior High School
Public,•6-8•3.7mi
3/10
Natomas Middle School
Public,•6-8•6.7mi
5/10
C. K. Mcclatchy High School
Public,•9-12•1.7mi
5/10
River City High School
Public,•9-12•3.1mi
3/10
Natomas High School
Public,•9-12•3.8mi
/10
Discovery High School
Public,•9-12•4.1mi
4/10
Grant Union High School
Public,•9-12•5.5mi
Price History
Date
Event
Price
05/31/94
Sold
$72,500
02/02/23
Sold
$355,000
Condition Rating
Good
This 1984-built condo is move-in ready and well-maintained, featuring updated flooring, modern lighting, and efficient mini-split heating/cooling systems in the bedrooms. The bathrooms have also been updated with contemporary tiling and fixtures. While the kitchen's tiled countertops and some appliances (refrigerator, range, microwave) show their age, the overall condition is very good, with a newer dishwasher and functional layout. The property has clearly undergone significant renovations, making it comfortable and appealing without immediate major work required.
Pros & Cons
Pros
Exceptional Downtown Location: Unbeatable proximity to the California State Capitol and R Street Corridor, ideal for urban living, state employees, and nightlife, offering high walkability and access to amenities.
Modern Interior Updates & Climate Control: Features updated flooring, lighting, in-unit washer/dryer, and individual mini-split heating/cooling systems in bedrooms for enhanced comfort and convenience.
Strong Investment & Rental Potential: Explicitly highlighted as a lucrative rental unit with a proven track record of desirability and rental income, making it attractive for investors.
Desirable Condo Amenities: Offers a private balcony, a crucial designated parking space in a downtown setting, and access to a communal pool and spa, enhancing lifestyle and value.
Furnished Option Available: The option to purchase with current furnishings provides a turnkey solution for immediate occupancy or rental, saving time and effort for the new owner.
Cons
High Monthly Association Fee: The $449 monthly association fee is a significant recurring expense that could impact affordability and overall cost of ownership, especially for budget-conscious buyers or investors.
Compact Living Space: At 840 sqft for a 2-bedroom, 2-bathroom unit, the living space may be considered compact for some buyers, potentially limiting appeal to those desiring more expansive living areas.
Building Age & Potential for Future Assessments: Built in 1984, the building is 40 years old. While the unit is updated, the age of the overall development could lead to potential future maintenance needs or special assessments for common areas, which are not included in the current association fee.