1504 U St, Sacramento, CA 95818

$499,000 Asking Price

7 beds
4 baths
2,115  sqft
Built in 1905

Incredible investment opportunity in the heart of Midtown Sacramento! This previously multi-unit rental property offers exceptional potential for redevelopment and income generation. The basement level features 3 bedrooms, 1 bath, and a kitchen, while the main level consists of two units, each with 1 bedroom, 1 bath, and kitchen areas. Upstairs, there are two additional unitsone with 1 bedroom, 1 bath, and a kitchen, and another with 2 bedrooms, 1 bath, and a kitchen. The property also includes a detached ADU with a bedroom, bath, and kitchen, complete with its own private access. Before recent fire damage, the property operated as six leased units, proving its value as a reliable income producer. Located in a prime Midtown location, it offers significant upside potential for rental income once rehabilitated. The property is being sold as-is, making it the perfect opportunity for an investor or developer to restore its full potential. Don't miss this chance to own in one of Sacramento's most desirable areas!

Features & Amenities

Interior

Rooms:
Bedroom(s),Full Bath(s),Kitchen, Bedroom(s),Living Room,Full Bath(s),Garage,Kitchen, Bedroom(s),Full Bath(s),Kitchen
Kitchen:
Breakfast Area,Kitchen/Family Combo
Appliances:
Other
Dining:
Other
Living Room:
Other
Family Room:
Other
Laundry:
Other
Basement:
Full
Flooring:
Other
A/C:
Other
Heating:
Other
Fireplace:
Fireplaces: 0
Disability Feature:
0

Exterior

Style:
Victorian
Other Structures:
Guest House
Parking:
Converted Garage,Detached, Parking spaces: 0

Construction

Roofing:
Shingle,Composition,Other
General:
Frame,Wood,Wood Siding, ThreeOrMore, PillarPostPier, Raised

Location

Road/Access:
Paved,Chip And Seal
HOA Amenities:
0.0
Originating MLS:
MLS Metrolist
School District:
Sacramento
County:
Sacramento

Lot

Topography:
Level
Zoning:
009-0152-004-0000
View:
Other
Fencing:
Fenced,Wood,See Remarks,Other

Utilities

Utilities:
Public, 220 Volts,220 Volts in Kitchen
Water:
Public
Sewer:
Sewer Connected & Paid,In & Connected,Public Sewer

Financial

Source:
MLS Metrolist

This listing courtesy of:
Portfolio Real Estate, Samantha N Tov

About Sacramento, CA

Housing

Number of Units
333,302
Median Home Value
$374,834
Median Rent
$1,146

50.65% of housing units are renter occupied.

4.23% are vacant.

Commute

Car
65.42%
Public Transportation
2.17%
Walk to Work
1.86%
Work from Home
28.64%
Other
0.76%

The median travel time to work is 21 minutes.

People

Population
855,112
Median Age
36.00
Median Household Size
2.81

Education

High School
23.04%
Associate’s Degree
8.70%
Bachelor’s Degree
20.39%
Graduate Degree
10.56%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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