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New Construction 6-Unit Apartment Building
For Sale
$2,800,000

1928 21st St, Sacramento, CA 95811

Fully leased residences feature one-bedroom layouts, private outdoor areas, and washer and dryer hookups.

Property Size4,739 SF
Price / SF$590.84
Days on Market8

Property Features for 1928 21st St

General Information

Standard status Active
Size 4,739 SF
Property subtype Residential Income
Occupancy 100%

Units

Unit Mix 6 x 1BR
Multifamily Units 6

Additional Details

Gross Income $198,000
Public Transit Yes

Amenities

washer/dryer hookups
private outdoor space
patio/balcony
soaring ceilings
custom doors and windows
high-end finishes

Building Details

Year Built 2024
Buildings 1
Listing Agency: eXp Realty of California Inc.
Listed By: Jamil J. Katzenbarger
Source: Exprealty
Added: Sep 10 Changed: Sep 17 Last Checked: Sep 16 at 2:30PM

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 eXp Realty of California Inc.

Investment Insights

Based on property information with market context.

Completed in November 2024, this 4,739-square-foot apartment property contains six one-bedroom residences and is fully leased. The building offers contemporary construction with high ceilings, custom doors and windows, abundant natural light, and finished interiors. Each apartment includes washer and dryer hookups plus private outdoor space in the form of a patio or balcony; select residences have multiple balconies.

The property is located at 1928 21st St in Sacramento’s Poverty Ridge neighborhood, within walking distance of light rail, Downtown Sacramento, restaurants, cafés, shopping, entertainment, and local parks. Its central Midtown setting places multiple daily-use and transit-oriented amenities within the surrounding area.

Key Highlights

  • Six‑unit apartment building completed in November 2024
  • Approximately 4,739 square feet with six one‑bedroom residences
  • Fully leased multifamily property

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service HVAC Service Carpet & Flooring Store Tanning Salon Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

3,340
Businesses Nearby

Demographics for 95811, CA

12,463
Population
5,085
Households
2.5
Avg Household Size
37
Median Age
54%
College-Educated
93%
High-School Grad
2.3 sq mi
ZIP Area
5,419
Density / Sq Mi
$77,760
Median Household Income
$59,641
Median Earnings
$1,564
Median Rent
$707,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully leased residences feature one-bedroom layouts, private outdoor areas, and washer and dryer hookups.
Where is this apartment building located?
The property is located at 1928 21st St Sacramento, CA.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Six‑unit apartment building completed in November 2024; Approximately 4,739 square feet with six one‑bedroom residences; Fully leased multifamily property
More about this property
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