1829 H St - Apartments FOR SALE


Sacramento, CA 95811- Boulevard Park
$1,125,000 USD
925-878-1218
1829 H St, Sacramento, CA for Sale
$1,125,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

1829 H St
Sacramento, CA 95811
Boulevard Park


HIGHLIGHTS

  • Large 2 Bed / 1 Bath Units with Central A/C
  • Irreplaceable Location in Boulevard Park of Midtown Sacramento
  • Roof Replaced in 2025
  • 2 out of 4 HVAC Units replaced in 2025
  • Walk-in Closets

OVERVIEW

Marcus & Millichap is pleased to present fee simple interest in 1829 H Street, a 4-unit multifamily dwelling located in the renowned Boulevard Park neighborhood of Midtown Sacramento. This property is comprised of all two-bedroom/one-bathroom units with 855 net rentable square feet. Residents are attracted to the superb location in the heart of Midtown Sacramento, while enjoying the comfort of large units with central HVAC. Within a short walking distance is the thriving J street corridor with boutique shops, retail stores, restaurants, and some of Sacramento's most popular nightlife venues. Besides the weekend pleasures, 1829 H Street is in the region's job center, with close proximity to both Capitol Mall and the State Capitol. Current ownership has replaced the roof at the tail-end of 2025 alongside replacing two HVAC units and repainting the whole property. All four units have been improved throughout resident turnover, with most recently having installed new carpet in all units, upgraded lighting, and upgrading countertops in select units. With one unit currently vacant, investors have an opportunity to fill the vacancy at market rents to increase cashflow or utilize the vacancy for owner occupancy. The next investor will enjoy the opportunity to purchase a turn-key investment with high demand, and an option to maximize rent potential by deploying funds into updated appliances, updated finishes, and capitalize on an empty yet ready laundry room. All tours must be scheduled through the listing agents. Please do not disturb management.

FOR SALE DETAILS

PRICE

$1,125,000 USD

PRICE/SF

$329 USD /SF

# OF UNITS

4

PRICE/UNIT

$281,250

CAP RATE

Request Cap Rate

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1972

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,180 SF

ZONING

R3A, Sacramento

APN/PARCEL ID

003-0172-014

ASK ABOUT THIS PROPERTY

Ilya PigmanMarcus & MillichapMore Info
925-878-1218

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Ilya PigmanMarcus & MillichapMore Info
925-878-1218

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.