Renovated 20-Unit Apartment
For Sale
$4,400,000
1620 G Street, Sacramento, CA 95814
Renovated 20-unit complex with studio, one- and two-bedroom apartments, off-street parking, and on-site laundry.
Property SizeContact for details
Days on Market113
Property Features for 1620 G Street
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Multifamily Units
20
Amenities
covered parking
on-site laundry
secured community
pool
Building Details
Year Built
1959
Year Renovated
2019
Tenancy
Multi
Listing Agency:
Sacramento
Listed By:
Aaron Frederick · License #CA DRE 1298833
(916) 830-2584
Source:
Colliers
Added: May 14
Changed: Aug 25
Last Checked: Sep 2 at 1:28PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sacramento
Investment Insights
Based on property information with market context.
This renovated 20-unit apartment complex features a unit mix of 4 studios, 14 one-bedroom apartments across four floor plans, and 2 two-bedroom units. Built in 1959, the property has undergone extensive renovations as of 2019, updating both exterior and interior areas into a modern, turn-key configuration. Units offer open floor plans with new vinyl plank flooring in living areas, kitchens, and bathrooms, along with carpeting in bedrooms. Kitchens and baths include updated six-panel doors, countertops, vanities, and showers, and units are equipped with stainless steel appliances and faucets, wall heating and air conditioning, and ceiling fans in the bedrooms. The community includes off-street parking options, on-site laundry facilities, secured entry features with redwood timber entry doors, and enhanced trim around a portion of the pool.
The property provides a Ratio Utility Billing System (RUBS) for recapturing some common area utility expenses, with each unit individually metered for gas and electricity. The owner is responsible for sewer, water, garbage, common area lighting, and water heating.
The complex includes off-street covered parking spaces available for lease and is presented as a fully renovated multifamily asset for an owner-operator or investor seeking a streamlined, updated offering.
The property provides a Ratio Utility Billing System (RUBS) for recapturing some common area utility expenses, with each unit individually metered for gas and electricity. The owner is responsible for sewer, water, garbage, common area lighting, and water heating.
The complex includes off-street covered parking spaces available for lease and is presented as a fully renovated multifamily asset for an owner-operator or investor seeking a streamlined, updated offering.
Key Highlights
- 16‑unit apartment complex built in 1959 with a mix of studio, 1‑bedroom, and 2‑bedroom units.
- Renovated in 2019 with exterior and interior updates, including new vinyl plank flooring in living areas, kitchens, and bathrooms.
- Unit mix: 4 studios, 14 one‑bedrooms across four floor plans, and 2 two‑bedroom units.
Property Analytics
Property Profile
Current Use
Lease Details
20
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,744
Businesses Nearby
Explore this area
Business Placement
Demographics for 95814, CA
12,208
Population
7,972
Households
1.5
Avg Household Size
38
Median Age
40%
College-Educated
90%
High-School Grad
1.4 sq mi
ZIP Area
8,720
Density / Sq Mi
$46,637
Median Household Income
$57,500
Median Earnings
$1,226
Median Rent
$621,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Renovated 20-unit complex with studio, one- and two-bedroom apartments, off-street parking, and on-site laundry.
Where is this apartment building located?
The property is located at 1620 G Street Sacramento, CA.
What is the asking price?
The asking price for this property is $4,400,000.
What are key features of this property?
This property features: 16‑unit apartment complex built in 1959 with a mix of studio, 1‑bedroom, and 2‑bedroom units.; Renovated in 2019 with exterior and interior updates, including new vinyl plank flooring in living areas, kitchens, and bathrooms.; Unit mix: 4 studios, 14 one‑bedrooms across four floor plans, and 2 two‑bedroom units.
