809 21st Street, Sacramento, CA 95811, Sacramento, 95811 - 4 bed, 3 bath
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Sacramento, CA 95811
This Victorian Residential Income Asset is a Strong Value Opportunity, listed at $849,000—positioned well below the $887,025 Fair Market Value by 4%. This valuation gap offers $38,025 in Instant Equity for the incoming buyer. Located in the prestigious Boulevard Park historic district, the property maintains a Condition Rating of 3 with a new roof (2023) and completed SB 721 safety repairs. Featuring a private deck and patio, this triplex ensures high rental demand. It is a premier choice for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 809 21st Street Subject | $849,000* List Price | 4 | 3 | 1,000 | $887 | - |
A 1827 T Street Sold | $830,000 | 6 | 3 | 1,000 | $830 | 0.9 mi |
B 1708 16th Street Sold | $700,000 | 4 | 4 | 800 | $875 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite the 1880 build date, the property is well-maintained with significant recent capital improvements including a new roof (2023) and completed SB 721 safety inspections/repairs. The units feature a mix of historic character and functional modern updates, including central HVAC in the primary unit, making it move-in ready for tenants or an owner-occupant.
Situated in the heart of Boulevard Park, one of Sacramento's most prestigious and desirable historic neighborhoods, ensuring high tenant demand and long-term value retention.
The property features a new roof installed in 2023 and has already completed mandatory SB 721 inspections and repairs, significantly reducing immediate deferred maintenance costs and liability.
The triplex configuration with a mix of one 2-bedroom and two 1-bedroom units offers versatile options for investors or owner-occupants looking to offset their mortgage with rental income.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1000, other record living area = 2198.
With only 1,000 total square feet divided among three units and four bedrooms, the individual living spaces are exceptionally small, which may limit rental premiums and appeal to long-term tenants.
Built in 1880, the property likely requires specialized ongoing maintenance and may have aging utility systems typical of Victorian-era structures that are not fully modernized.
Located in the heart of Boulevard Park, 809-811 21st Street is a charming turn-of-the-century Victorian triplex offering a blend of classic character and modern updates. The property consists of one spacious 2-bedroom, 1-bath unit and two 1-bedroom, 1-bath units, providing strong rental flexibility and income potential. The upstairs 2-bedroom unit features central heat and air, a dedicated office space, and a comfortable living room ideal for both work and relaxation. Significant improvements include a new roof installed in 2023, as well as completed SB 721 inspections and repairs, offering peace of mind for future ownership. Situated in one of Sacramento's most desirable historic neighborhoods, this property combines timeless architecture with key upgrades, making it a standout opportunity for investors or owner-occupants alike.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 4.0 | 20% |
| Square foot | 1,000 | 1,200 | 40% |
| Lot Size | 3,049 | 3,049 | 50% |
| Price | $849.0K | $1.04M | 40% |
| Price per sq ft | $849 | $849 | 50% |
| Built year | 1880 | 1908 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 40 | 284 | 20% |
Apr 27, 2026
$849,000
Initial Listing
Nov 23, 2016
$660,000
Public Record
Oct 7, 2011
$378,000
Public Record
Jul 25, 2003
$415,000
Public Record