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1829 H St 4 Unit Apartment Building $1,125,000 ($281,250/Unit) Sacramento, CA 95811
Investment Highlights
- Large 2 Bed / 1 Bath Units with Central A/C
- Roof Replaced in 2025
- Walk-in Closets
- Irreplaceable Location in Boulevard Park of Midtown Sacramento
- 2 out of 4 HVAC Units replaced in 2025
Executive Summary
Marcus & Millichap is pleased to present fee simple interest in 1829 H Street, a 4-unit multifamily dwelling located in the renowned Boulevard Park neighborhood of Midtown Sacramento.
This property is comprised of all two-bedroom/one-bathroom units with 855 net rentable square feet. Residents are attracted to the superb location in the heart of Midtown Sacramento, while enjoying the comfort of large units with central HVAC. Within a short walking distance is the thriving J street corridor with boutique shops, retail stores, restaurants, and some of Sacramento's most popular nightlife venues. Besides the weekend pleasures, 1829 H Street is in the region's job center, with close proximity to both
Capitol Mall and the State Capitol.
Current ownership has replaced the roof at the tail-end of 2025 alongside replacing two HVAC units and repainting the whole property. All four units have been improved throughout resident turnover, with most recently having installed new carpet in all units, upgraded lighting, and upgrading countertops in select units.
With one unit currently vacant, investors have an opportunity to fill the vacancy at market rents to increase cashflow or utilize the vacancy for owner occupancy. The next investor will enjoy the opportunity to purchase a turn-key investment with high demand, and an option to maximize rent potential by deploying funds into updated appliances, updated finishes, and capitalize on an empty yet ready laundry room.
All tours must be scheduled through the listing agents. Please do not disturb management.
This property is comprised of all two-bedroom/one-bathroom units with 855 net rentable square feet. Residents are attracted to the superb location in the heart of Midtown Sacramento, while enjoying the comfort of large units with central HVAC. Within a short walking distance is the thriving J street corridor with boutique shops, retail stores, restaurants, and some of Sacramento's most popular nightlife venues. Besides the weekend pleasures, 1829 H Street is in the region's job center, with close proximity to both
Capitol Mall and the State Capitol.
Current ownership has replaced the roof at the tail-end of 2025 alongside replacing two HVAC units and repainting the whole property. All four units have been improved throughout resident turnover, with most recently having installed new carpet in all units, upgraded lighting, and upgrading countertops in select units.
With one unit currently vacant, investors have an opportunity to fill the vacancy at market rents to increase cashflow or utilize the vacancy for owner occupancy. The next investor will enjoy the opportunity to purchase a turn-key investment with high demand, and an option to maximize rent potential by deploying funds into updated appliances, updated finishes, and capitalize on an empty yet ready laundry room.
All tours must be scheduled through the listing agents. Please do not disturb management.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $1,125,000 | Building Class | C |
| Price Per Unit | $281,250 | Lot Size | 0.07 AC |
| Sale Type | Investment | Building Size | 3,420 SF |
| No. Units | 4 | Average Occupancy | 97% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1972 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | R3A, Sacramento | ||
| Price | $1,125,000 |
| Price Per Unit | $281,250 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 3,420 SF |
| Average Occupancy | 97% |
| No. Stories | 2 |
| Year Built | 1972 |
| Opportunity Zone |
Yes |
| Zoning | R3A, Sacramento |
Amenities
Unit Amenities
- Air Conditioning
- Fireplace
- Walk-In Closets
- Carpet
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | 850 |
Exceptionally walkable
90/100
Moderately drivable
70/100
Some public transit
50/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 003-0172-014 | Improvements Assessment | $765,252 |
| Land Assessment | $210,470 | Total Assessment | $975,722 |
Property Taxes
Parcel Number
003-0172-014
Land Assessment
$210,470
Improvements Assessment
$765,252
Total Assessment
$975,722
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1829 H St
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