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 Midtown Location: Perfectly situated in Midtown Sacramento, offering excellent walkability to light rail, restaurants, coffee shops, and public transportation, which is highly attractive to tenants.
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 is over a century old. While it benefits from significant recent upgrades like new mini-split HVAC systems in three of the four units, the interior conditions are inconsistent. One unit features a recently renovated kitchen with modern shaker cabinets, stainless steel appliances, and updated flooring, along with an updated bathroom. However, another unit clearly shows a very dated kitchen with older white appliances, tiled countertops, and older cabinetry, indicating it requires substantial renovation. The property is maintained but shows its age through classic architectural details and mixed levels of modernization across units.
Year Built
1910
Close
-
List price
$1.09M
Original List price
-
Price/Sqft
$1,217
HOA
$0
Days on market
-
Sold On
-
MLS number
226001102
Home ConditionFair
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
Fair
Built in 1910, this property is over a century old. While it benefits from significant recent upgrades like new mini-split HVAC systems in three of the four units, the interior conditions are inconsistent. One unit features a recently renovated kitchen with modern shaker cabinets, stainless steel appliances, and updated flooring, along with an updated bathroom. However, another unit clearly shows a very dated kitchen with older white appliances, tiled countertops, and older cabinetry, indicating it requires substantial renovation. The property is maintained but shows its age through classic architectural details and mixed levels of modernization across units.
Pros & Cons
Pros
Prime Midtown Location: Perfectly situated in Midtown Sacramento, offering excellent walkability to light rail, restaurants, coffee shops, and public transportation, which is highly attractive to tenants.
Multi-Unit Income Property: As a 4-plex (quadruplex), it provides multiple income streams, diversifying risk and offering strong potential for investment returns.
Desirable Unit Characteristics: Units are described as large and spacious with high ceilings and ample natural light, enhancing tenant appeal and retention.
Recent HVAC Upgrades: Three of the four units have brand new HVAC systems, indicating recent capital improvements that reduce immediate maintenance concerns for a significant component.
Established Tenant Base: The property boasts 'great tenants' and an 'excellent return on your investment,' suggesting stable occupancy and reliable cash flow.
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.
Historic Property Age: Built in 1910, the property is over a century old, which may lead to higher ongoing maintenance costs and potential for unforeseen structural or system issues beyond the recent HVAC upgrades.
Incomplete HVAC Modernization: While three units have new HVAC, one unit still lacks this upgrade, potentially requiring future capital expenditure or leading to tenant dissatisfaction in that specific unit.
Limited Financial Transparency: The listing lacks specific financial details such as current rental income per unit, operating expenses, or a detailed cap rate, which are crucial for a comprehensive investment analysis.