2423 L Street, Sacramento, CA 95816

Sacramento
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
2423 L Street,Sacramento, CA 95816
$1,950,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: matthew sarro
Office: collier's international
MLS#:226083606
Source:MFMLS

Price summary

  • Price:$1,950,000

About this home

2423 L Street (8 Units) presents a rare opportunity to acquire a boutique multifamily asset in the heart of Midtown Sacramento, one of the regions most desirable and vibrant urban neighborhoods. The property consists of Six large Studio Apartments that have been tastefully remodeled and complemented by two newly constructed detached ADU units, each offering approximately 600 square feet with 2bedroom/1bathroom floor plans. The combination of existing rental income and brand-new construction creates an attractive investment opportunity with a diverse unit mix and a strong long term rental demand. The front building consists of six studio apartments that provide efficient and affordable housing in a highly sought-after rental market. Behind the main structure are two newly completed detached ADUs, each featuring modern 2-bedroom/1-bathroom floor plans, contemporary finishes, open-concept living spaces, and approximately 600 square feet of living area. These newly built units offer...

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Home facts

  • Year built:1900
  • Listing ID #:226083606
  • Added:9 day(s) ago
  • Updated:August 01, 2026 at 03:07 PM

Rooms and interior

  • Flooring:Laminate, Varies by Unit, Vinyl, Wood Floors

Heating and cooling

  • Cooling:Central, Varies by Unit
  • Heating:Central, Varies by Unit

Structure and exterior

  • Year built:1900
  • Lot area:0.12 Acres
  • Construction Materials:Stucco, Vinyl Siding
  • Foundation Description:Concrete
  • Levels:3 Story

Utilities

  • Sewer:Private Sewer

Finances and disclosures

  • Price:$1,950,000

Features and amenities

  • Laundry features:Varies by Unit

Parking

  • Total parking spaces:8
MLS LogoMetroList MLS 2026. 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: August 1, 2026. 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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