1818 L Street 402, Sacramento, CA 95811, Sacramento, 95811 - 1 bed, 1 bath
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Sacramento, CA 95811
This Modern Urban Loft is a Prime Investment Opportunity, listed at $489,000—positioned well below the $509,293 Fair Market Value by 3%. This valuation gap offers $20,293 in Instant Equity for a residence in Excellent Condition with recent high-end updates. Featuring quartz countertops, stainless appliances, and a full wall of windows, the home balances style with functionality. Proximity to Theodore Judah Elementary and Sutter Middle School adds long-term value. This is a premier choice for urban professionals or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1818 L Street 402 Subject | $489,000* List Price | 1 | 1 | 749 | $680 | - |
A 1725 14th Street 208 Sold | $465,000 | 1 | 2 | 670 | $694 | 0.6 mi |
B 1818 L Street 407 Active | $555,000 List Price | 1 | 1 | 942 | $589 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the building was constructed in 2008, the unit has been recently updated with high-end modern finishes. The kitchen features contemporary two-tone cabinetry, a farmhouse sink, quartz countertops, and stainless steel appliances. The interior shows in mint condition with updated flooring and lighting, qualifying it for the excellent rating based on a renovation within the last 5 years.
Situated in the heart of Midtown Sacramento, this property offers unparalleled walkability to the city's premier dining, shopping, and nightlife, making it a top choice for urban professionals.
The loft features high ceilings and a stunning full wall of windows that flood the open-concept living space with natural light while providing vibrant city views.
The inclusion of a dedicated parking space in a secure garage and an oversized laundry/storage room provides significant functional value rarely found in dense urban studio layouts.
The association fee of $680 per month is relatively high for a studio loft, which may deter budget-conscious buyers or impact overall financing qualification.
At 749 square feet with an open-concept studio design, the property lacks the privacy of a traditional bedroom, potentially limiting its appeal to couples or those working from home.
Experience urban living at its finest in this bright and welcoming studio loft at L Street Lofts in the heart of Midtown Sacramento. Offering 749 square feet of open-concept design, this stylish residence is filled with natural light from a stunning full wall of windows overlooking vibrant L Street below. Recently updated, the home blends modern touches with its signature loft character. The thoughtfully designed layout features a spacious living area, full bath, and an oversized laundry/storage room, providing both comfort and functionality. High ceilings and expansive glass create an airy, modern feel perfect for both relaxing and entertaining. Enjoy the convenience of one dedicated parking space in a secure garage. An invaluable amenity in this prime urban location. Step outside and immerse yourself in the energy of Midtown, with top dining, shopping, nightlife, and entertainment just moments away. Whether you're enjoying a morning coffee, an evening out, or simply taking in the city views, this loft places you in the center of it all. Urban sophistication, unbeatable location, and effortless style, this is Midtown living at its best.
No exterior & parking available.
Grades K-6 • 1.7 mi
Grades 7-8 • 1.0 mi
Grades 9-12 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.5 | 50% |
| Baths | 1.0 | 2.0 | 25% |
| Square foot | 749 | 1,042 | 50% |
| Lot Size | - | - | 50% |
| Price | $489.0K | $504.0K | 50% |
| Price per sq ft | $653 | $536 | 50% |
| Built year | 2008 | 2008 | 50% |
| HOA | $680 | $650 | 75% |
| Days on market | 43 | 114 | 25% |
Apr 24, 2026
$489,000
Initial Listing
Dec 21, 2018
$435,000
Public Record
Apr 17, 2014
$350,000
Public Record
May 9, 2012
$10,750,000
Public Record