717 21st St - Apartments FOR SALE


Sacramento, CA 95811- Boulevard Park
$1,300,000 USD
530-401-1885
717 21st St, Sacramento, CA for Sale
$1,300,000 USD
Apartments - FOR SALE
1/16
null | 4.77% Cap Rate

717 21st St
Sacramento, CA 95811
Boulevard Park


HIGHLIGHTS

  • Charming Four-Plex With Historical Early 1900's Design.
  • Large One-Bedroom Floor Plans Featuring, High Ceilings, Hardwood Floors, Spacious Living/Dining Areas, Central HVAC, Updated Kitchens With Dishwashers
  • Immaculately Maintained, Pride-of-Ownership Asset.
  • Private Park/Garden-Area, Located Directly Behind the Property.
  • Tenant-Friendly Amenities, Including: In-Unit Washer/Dryer, Single-Car Garages, Private Patios, Locked Building Entry and Shared.
  • SB-721 Compliant.

OVERVIEW

ALIVE Commercial Real Estate is proud to present 717 21st Street — a rare four-unit multifamily opportunity located in the heart of Midtown Sacramento’s highly sought-after Boulevard Park neighborhood. Owner occupied and family-owned for the past 35 years, this pride-of-ownership property blends timeless character with modern amenities. Each of the four spacious one-bedroom residences showcases high ceilings, crown molding, original hardwood floors, central HVAC, and the convenience of in-uni laundry. The 5 detached garages provide additional value for residents. The meticulously landscaped grounds open onto a serene, community-maintained private park shared with neighboring homes — a unique amenity that enhances the property’s charm and livability. Situated within walking distance to some of Sacramento’s most notable restaurants, bars, hospitals, the Golden 1 Center, and the full array of Downtown amenities, the property offers residents an unmatched urban lifestyle. With Sacramento’s strong rental demand and the significant gap between the cost of ownership and cost of rent, 717 21st Street represents a stable, long-term investment in one of the region’s most resilient markets.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$388 USD /SF

# OF UNITS

4

PRICE/UNIT

$325,000

CAP RATE

4.77%

% 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

1916

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

R3A, City/Sacramento

APN/PARCEL ID

003-0182-016

ASK ABOUT THIS PROPERTY

Isaac MerrittALIVE Commercial Real EstateMore Info
530-401-1885

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Isaac MerrittALIVE Commercial Real EstateMore Info
530-401-1885

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