1717 26th Street, Sacramento, CA 95816, Sacramento, 95816 - 1 bed, 1 bath
ACTIVE$1,095,000$900/sqft
1717 26th Street, Sacramento, CA 95816
1Bed
1Bath
900Sqft
2,918Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Location: Perfectly situated in Midtown Sacramento, offering excellent walkability to light rail, restaurants, coffee shops, and other public transportation, enhancing tenant appeal and demand.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2918, other record lot size in square feet = 6000.
Compared to the nearby listings
Price:$1.09M vs avg $1.04M (+$55,000)56%
Size:900 sqft vs avg 2,288 sqft33%
Price/sqft:$1.2K vs avg $45889%
More Insights
Built in 1910 (116 years old).
Condition: Built in 1910, this property shows a significant disparity in condition across its units. While one kitchen (Image 6) appears recently updated with modern cabinets, stainless steel appliances, and LVP flooring, another kitchen (Image 8) is severely outdated with old white cabinets, tiled countertops, and older appliances, requiring substantial renovation. Although 3 of 4 HVAC units are new, the overall age of the building and the condition of the unrenovated units suggest a need for significant rehabilitation beyond minor updates, particularly in kitchens and likely bathrooms (no images provided for bathrooms). The property is livable and income-generating, but a buyer would face considerable costs to bring all units to a consistent, modern standard.
Year Built
1910
Close
-
List price
$1.09M
Original List price
-
Price/Sqft
$1,217
HOA
$0
Days on market
-
Sold On
-
MLS number
225142907
Home ConditionPoor
Features
Good View:
Deck
View-
About this home
Perfectly located 4plex in Midtown Sacramento with walking distance to light rail, restaurants, coffee shops, and other public transportation. Large and spacious units with high ceilings, brand new HVAC units in 3 of the 4 units, other lots of windows to capture natural light. Great tenants with excellent return on your investment!
V
Vladimir Sonnik
Listing Agent
Nearby schools
6/10
David Lubin Elementary School
Public,•K-6•0.8mi
6/10
William Land Elementary School
Public,•K-6•1.1mi
/10
Washington Elementary School
Public,•K-6•1.2mi
7/10
Theodore Judah Elementary School
Public,•K-6•1.5mi
8/10
Caleb Greenwood Elementary School
Public,•K-6•2.5mi
3/10
Woodlake Elementary School
Public,•K-6•2.8mi
7/10
Sutter Middle School
Public,•7-8•0.8mi
3/10
Rio Tierra Junior High School
Public,•6-8•4.1mi
5/10
C. K. Mcclatchy High School
Public,•9-12•1.4mi
2/10
Hiram W. Johnson High School
Public,•9-12•3.3mi
4/10
Grant Union High School
Public,•9-12•5.3mi
6/10
Rosemont High School
Public,•9-12•7.5mi
Price History
Date
Event
Price
08/19/24
Sold
$910,000
Condition Rating
Poor
Built in 1910, this property shows a significant disparity in condition across its units. While one kitchen (Image 6) appears recently updated with modern cabinets, stainless steel appliances, and LVP flooring, another kitchen (Image 8) is severely outdated with old white cabinets, tiled countertops, and older appliances, requiring substantial renovation. Although 3 of 4 HVAC units are new, the overall age of the building and the condition of the unrenovated units suggest a need for significant rehabilitation beyond minor updates, particularly in kitchens and likely bathrooms (no images provided for bathrooms). The property is livable and income-generating, but a buyer would face considerable costs to bring all units to a consistent, modern standard.
Pros & Cons
Pros
Prime Location: Perfectly situated in Midtown Sacramento, offering excellent walkability to light rail, restaurants, coffee shops, and other public transportation, enhancing tenant appeal and demand.
Strong Income Potential: As a 4-plex with 'Great tenants' and an 'excellent return on your investment,' this property presents a robust income-generating opportunity.
Desirable Unit Features: Units are described as large and spacious with high ceilings and abundant natural light, features highly sought after by renters.
Recent HVAC Upgrades: Brand new HVAC units have been installed in 3 of the 4 units, reducing immediate capital expenditure and improving tenant comfort for most units.
Multi-Unit Investment: The property is a quadruplex, providing diversified income streams and potentially more stable returns compared to single-unit rentals.
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2918, other record lot size in square feet = 6000.
Age of Property: Built in 1910, the property is over a century old, which may imply potential for deferred maintenance, outdated infrastructure (plumbing, electrical), or higher ongoing repair costs.
Incomplete HVAC Upgrade: While 3 units have new HVAC, one unit still lacks this upgrade, which could lead to future expenses or tenant dissatisfaction in that specific unit.
Small Lot Size: With a lot size of 2918 sqft for a 4-plex, the property offers limited outdoor space for tenants and restricts potential for future expansion or additional amenities.