For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Studio Apartment Multifamily Property Title is generated by Realmo AI

    1821 P Street, Sacramento, CA 95811

    View on Map
    Claim this Listing
    For Sale
    $2,050,000

    Two two-story studio buildings totaling 16 units, currently 100% leased, with additional unused basement space at 1821 P Street.

    Type:Multi Family
    Property size:
    6,121 SF
    Price / SF:
    $334/SF
    Added:
    May 13, 2026
    Days on Market:
    44
    Last Refresh:
    Jun 24 at 4:14 am

    Property Features for 1821 P Street

    General Information

    Standard status
    Active
    Size
    6,121 SF
    Property subtype
    Multi Family

    Building Details

    Year Built
    1910

    We can help!

    Contact an agent
    Jon M. Lang
    Jon M. Lang

    Listing office Ken Turton, Broker

    Listing date May 13, 2026

    Source Exitrealty

    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 Ken Turton, Broker

    HighLights

    • 16 total residential studio units in two buildings on P Street and Carriage Alley
    • Two buildings total approx. 6,121 SF: 1819 P Street (approx. 4,890 SF) and 1821 P Street (approx. 1,231 SF)
    • 100% leased with approx. $14,205/month gross rents and an average of $887/month per unit
    • Unit mix: twelve studio units at 1819 P Street and four studio units at 1821 P Street
    • Approx. 382 SF average size per studio unit
    • Unused basement at 1821 P Street includes a non‑conforming 1‑bedroom unit plus a manager’s office, laundry room, and storage (not included in unit count)

    Overview

    1819-1821 P Street offers 16 total residential units across two separate two-story structures, totaling approximately 6,121 square feet. The property includes twelve studio units at 1819 P Street in a 4,890-square-foot building fronting P Street, along with four studio units at 1821 P Street in a 1,231-square-foot building located along Carriage Alley. The studio units average approximately 382 square feet each. The 1821 P Street building also features a large unused basement that includes a non-conforming one-bedroom unit, a manager’s office, a laundry room, and ample storage, none of which are included in the total unit count.

    The property is located in Midtown and is described as being just blocks from Truitt Bark Park, the Safeway Shopping Center, Ice Blocks, and public transit, with additional nearby amenities.

    For buyers and operators, the asset provides a straightforward studio-heavy rental mix with in-place occupancy, since the two buildings are reported to be 100% leased. The uncounted basement space at 1821 P Street offers additional on-site functional area, including laundry, office, and storage, as well as an included non-conforming one-bedroom unit within the basement footprint.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Law Firm Building Supply Daycare Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sacramento
    County
    Sacramento
    State
    California
    Longitude
    -121.485109
    Latitude
    38.570737

    FAQs

    What type of property is this?
    Apartment building - Two two-story studio buildings totaling 16 units, currently 100% leased, with additional unused basement space at 1821 P Street.
    Where is this apartment building located?
    The property is located at 1821 P Street Sacramento, CA.
    What is the asking price?
    The asking price for this property is $2,050,000.
    What are key features of this property?
    This property features: 16 total residential studio units in two buildings on P Street and Carriage Alley; Two buildings total approx. 6,121 SF: 1819 P Street (approx. 4,890 SF) and 1821 P Street (approx. 1,231 SF); 100% leased with approx. $14,205/month gross rents and an average of $887/month per unit
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message