1823 P Street, Sacramento, CA 95811

Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
1823 P Street,Sacramento, CA 95811
$850,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by:jon lang
Office:ken turton, broker
MLS#:225117891
Source:MFMLS

Price summary

  • Price:$850,000

About this home

1823 P Street is being offered for sale as part of a two-property value-add portfolio priced at $155,000 per unit. The property features 6 total units situated in a 1,964 square foot two-story building. The property includes 1 one bed/one bath unit and 5 single room occupancy (SRO) units which share a common toilet room and shower room; 4 of the 5 SRO units have a small kitchenette with sink inside the unit. The property is currently 100% leased and generates a gross rent of approximately $5,240 per month with an average rent of $873 per month or $2.67 PSF. The existing structure is built on the front 1/3 of the parcel which leaves approx. 3,000 of buildable land to the north with access from Carriage Path Alley. The basement includes storage space and three (3) more potential SRO units each with a dedicated entry, living space, stubbed plumbing and electricity. The adjacent property (see separate listing for 1819-1821 P Street) is also available for sale, allowing an investor to

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Home facts

  • Listing ID #:225117891
  • Added:44 day(s) ago
  • Updated:October 30, 2025 at 12:11 PM

Heating and cooling

  • Cooling:Ceiling Fan(s), Wall Unit(s), Window Unit(s)

Structure and exterior

  • Lot area:0.15 Acres

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$850,000
MLS LogoMetroList MLS 2025. This information is being provided by MetroList MLS. All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data Updated: October 30, 2025. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Any offer of compensation is made only to Participants of MLS where the subject listing is filed and in accordance with such MLS's regulations or rules.

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