1819 P St, Sacramento, CA 95811

1819-1821 P Street is being offered for sale as part of a two-property value-add portfolio priced at $155,000 per unit. The property features 14 total residential units across two separate structures measuring approx. 6,121 total square feet. The property includes ten (10) residential units at 1819 P Street, which is a 4,890 square foot two-story building along P Street. These 10 units include 8 studio units and 2 one bedroom and one bathroom units. The remaining four studio units are located at 1821 P Street, which is a 1,231 square foot two-story building located along Carriage Alley. Together, the property is 100% leased and generating gross rents of approximately $14,655 per month with an average monthly rent per unit of $1,046 or $2.39 PSF. The adjacent property (see separate listing for 1823 P Street) is also available for sale, allowing an investor to acquire up to 20 residential units between the two properties; the properties may be purchased separately or together. The property is located near the corner of 19th and P Streets, just blocks from the Truitt Bark Park, Safeway Shopping Center, Ice Blocks, public transit, and dozens of other amenities.