Home | Sacramento County | Sacramento | 95816 | 2423 L St
MLS: ME226083606 | Status: | Price: $1,950,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | 0 | 5,227 | – |
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 investors minimal deferred maintenance and command premium rental rates relative to traditional apartment inventory. Updates to the older structure include a brand new roof (2024), sewer lateral replacement (2026), electrical panel upgrades, all dry rot cleared, new paint job, brand new landscaping, two r
| Field | Value |
|---|---|
| MLS # | ME226083606 |
| MLS Source | MetroList Services, Inc. |
| Days on Site | 2 |
| Feature | Details |
|---|---|
| Flooring | Laminate, Varies by Unit, Vinyl, Wood |
| Cooling | Central Forced Air, Varies by Unit |
| Heating | Central Forced Air, Varies by Unit |
| Feature | Details |
|---|---|
| Foundation | Slab |
| Feature | Details |
|---|---|
| Garage/Parking | Off-Street Parking, Garage: 0 Car(s) |
| Sewer | Private Sewer |
| Water | Other |
| HOA Fee | $0 |
| Zoning | R-3A-SPD |
Matthew Sarro
Collier's International
License #: 01942991
Phone: (916) 616-5267
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 8 | 8 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 554 | 1 | 1/0 | $1,429 | – | – |
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 3222 2nd Ave | $1,795,000 | – | – | 0 | |
| 2219 H St | $1,725,000 | – | – | 4,301 | Active |
| 815 17th St | $1,680,000 | – | – | 4,630 | Active |
| 2700 32nd St | $1,595,000 | – | – | – |
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This listing information is up-to-date as of July 23, 2026. For the most current information, please contact Matthew Sarro, (916) 616-5267.