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1026 1018 22nd Street Sacramento, CA 95816
$2,850,000

MLS LogoCourtesy of Ken Turton, Broker.

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Tai Le

Tai Le

BANYAN PROPERTIES

Property Description

Landmark property on the market for the first time in half a century – 1026 22nd St, 2131 K, & 1018 22nd. Portfolio of 2 parcels with 3 separate structures & development opportunity located on the most attractive corner in Midtown, across from Temple Coffee, surrounded by award-winning dining amenities, cafes, & boutiques. Corner brick building is ~5482 SF commercial retail/office/residential on 3200 SF parcel. All four apartments 1-bed 1-bath. 2 have balconies & extra storage space. Inline Victorian building is ~2507 SF commercial retail/office plus detached 4-stall garage on 3200 SF parcel. Remarkable historic architecture/design & prominent high visibility signage on K & 22nd St. with diverse mix of tenants. New owner can realize tremendous upside after renovation of the commercial spaces, updating apartments with modern appliances, re-tenanting all units at market value rents & potentially developing a project of more units on the alley.

Property Details & Features

Property Type

  • 5 Or More Units

Schools

  • Sacramento

Listing

  • Source: Metrolist

House

  • Built in 1924
  • 2 Stories
  • Brick
  • Wood
  • Victorian

Floors

  • Concrete
  • Wood
  • Varies by Unit

Heating

  • Varies by Unit

Location

  • Area: 10816
  • County: Sacramento

Lot

  • 0.1469 Acres

Property

  • 8 Total Leasable Units

Schools

  • School County: Sacramento
  • School Name 1: Sacramento Unified
  • School Name 2: Sacramento Unified
  • School Name 3: Sacramento Unified

This data up-to-date as of September 30, 2022 7:40AM.

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