1818 L Street 407, Sacramento, CA 95811, Sacramento, 95811 - 1 bed, 1 bath
Loading property details...
Sacramento, CA 95811
This Modern Urban Loft is a Strong Value Opportunity, listed at $545,000—positioned well below the $588,110 Fair Market Value by 7%. This valuation gap provides $43,110 in Instant Equity. Boasting a Good Condition Rating, the residence features soaring ceilings, expansive city views, and a secure virtual doorman system. Located in vibrant Midtown near highly-rated schools like Theodore Judah Elementary, this turnkey home balances luxury with financial upside. It is an ideal acquisition for urban professionals or Owner-Occupants seeking a sophisticated lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1818 L Street 407 Subject | $545,000* List Price | 1 | 1 | 942 | $624 | - |
A 1725 14th Street 208 Sold | $465,000 | 1 | 2 | 670 | $694 | 0.6 mi |
B 1818 L Street 409 Active | $498,000 List Price | 1 | 1 | 942 | $529 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2008, this property fits the criteria for a 'good' rating as it is move-in ready and well-maintained at 16 years of age. The kitchen features functional stainless steel appliances and granite countertops that appear original to the build but are in great condition. The bathroom appears to have been updated more recently with a modern wood-look vanity and a contemporary walk-in shower with vertical tiling. The laminate flooring, industrial lighting, and exposed concrete ceilings are well-preserved, showing minimal wear and tear.
Situated in the heart of Sacramento's most vibrant neighborhood, this property offers unparalleled walkability to an array of top-tier restaurants, shops, and entertainment venues.
The unit features soaring ceilings and expansive windows that flood the open floor plan with natural light while providing impressive, wide-open city views.
Residents benefit from a state-of-the-art virtual doorman system and secure garage parking, providing a high level of privacy and convenience in an urban setting.
The association fee of $623 per month is a significant recurring expense that may impact the overall affordability and debt-to-income ratio for potential buyers.
With only one bedroom and one bathroom, the property may lack the flexibility needed for those requiring a guest room or a dedicated home office space, narrowing the pool of interested buyers.
Welcome to the L Street Lofts an iconic residence offering the ultimate Midtown lifestyle. This luxury community provides both privacy and security while placing you right in the heart of Sacramento's most vibrant neighborhood. Step inside to find an open floor plan with soaring ceilings, expansive windows that flood the space with natural light, and wide open city views. The home features a well-appointed kitchen, laminate flooring, and the convenience of an in-unit laundry room. Residents enjoy secure garage parking, as well as a state-of-the-art virtual doorman system for controlled building access. Outside the lobby doors, you'll find an endless array of restaurants, shops, and entertainment just steps away making this the perfect blend of modern comfort and urban convenience.
No exterior & parking available.
Grades K-6 • 1.7 mi
Grades 7-8 • 1.0 mi
Grades 9-12 • 1.8 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 | 942 | 1,138.5 | 50% |
| Lot Size | - | - | 50% |
| Price | $545.0K | $532.0K | 50% |
| Price per sq ft | $579 | $499 | 50% |
| Built year | 2008 | 2008 | 50% |
| HOA | $623 | $636 | 50% |
| Days on market | 9 | 69 | 25% |
Apr 13, 2026
$545,000
Initial Listing
Sep 25, 2023
$535,000
Public Record
Apr 26, 2016
$449,000
Public Record
May 9, 2012
$10,750,000
Public Record