Map of Property

2615 P Street

2615 P St, Sacramento, CA 95816

  • For Sale $1,500,000
  • Property Type Multi-Family
  • Property Size 3,696 SF
  • Lot Size 0.15 Acre
  • Cap Rate % 4.64
  • Additional Rent Contact for pricing
  • # of Floors 2
  • Year Built 1924
  • Date Updated Nov 7, 2024

Turton Commercial Real Estate is pleased to market for sale 2615 P Street, representing one of Midtown’s most premier multifamily offerings in the GRID, with stable cash flow and additional value-add opportunity through ADU (Accessory Dwelling Unit) development on the back half of the 0.15 acre parcel. The Property is being offered for sale at $1,500,000.00, reflective of a 4.64% capitalization rate on actual income and operating expenses, with reassessed property taxes.

The fourplex consists of four, nearly identical, one bedroom one bathroom units with spacious ± 900 SF floor plates consisting of a living room, dining room, kitchen, bathroom, bedroom, and laundry room. All units boast an in-unit washer & dryer, updated kitchen & bathroom, mini split HVAC system, hardwood floors, impressive natural light, and an extremely stable rental history.

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Contacts

broker

Jack Scurfield Is this you?

Turton Commercial Real Estate

Location

Getting Around

  • Walk Score ®

    93/100 Walker's Paradise

  • Transit Score ®

    51/100 Good Transit

  • Bike Score ®

    99/100 Biker's Paradise
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  • City Sacramento, CA
  • Neighborhood Midtown - Winn Park - Capital
  • Zip Code 95816
  • Market Sacramento

Points of Interest

  • 23rd Street

    0.29 miles

  • 29th Street

    0.30 miles

  • 16th Street

    0.85 miles

  • 39th Street

    1.04 miles

  • 13th Street

    1.07 miles

  • 4th Avenue/Wayne Hultgren

    1.36 miles

  • St. Rose of Lima Park

    1.41 miles

  • 8th & O

    1.42 miles

  • Alkali Flat/La Valentina

    1.43 miles

  • 8th & Capitol

    1.44 miles

  • SMUD

    0.26 miles

  • 76

    0.32 miles

  • Arco

    0.48 miles

  • Chevron

    0.49 miles

  • Stop and Shop

    0.60 miles

  • Shell

    0.67 miles

  • Valero

    0.86 miles

  • ChargePoint

    1.15 miles

  • EVgo

    1.66 miles

  • Tesla Supercharger (Coming Soon)

    1.82 miles

  • Sacramento Natural Foods Co-op Parking

    0.28 miles

  • Sutter Hospital Lot B

    0.35 miles

  • Sutter Hospital Lot A

    0.42 miles

  • park

    0.43 miles

  • East End Garage

    0.80 miles

  • R Street Parking Plaza

    0.85 miles

  • CVS Parking

    0.85 miles

  • Memorial Garage

    1.10 miles

  • ACE Parking

    1.18 miles

  • Lot 1

    1.20 miles

  • The Fort Sutter Hotel Sacramento

    0.22 miles

  • Motel 6 Sacramento Downtown

    0.33 miles

  • Red Lion Inn & Suites Sacramento

    0.34 miles

  • Amber House Inn of Midtown

    0.37 miles

  • Hyatt House Sacramento / Midtown

    0.41 miles

  • Vizcaya Sacramento

    0.57 miles

  • Inn Off Capitol Park, Ascend Hotel Collection

    0.82 miles

  • Residence Inn by Marriott Sacramento Downtown at Capitol Park

    0.91 miles

  • Econo Lodge Sacramento Convention Center

    1.04 miles

  • Quality Inn Sacramento Convention Center

    1.06 miles

  • Hidden Dumpling House

    0.13 miles

  • Suzie Burger

    0.18 miles

  • Cafe Bernardo

    0.23 miles

  • Biba

    0.27 miles

  • Pushkin's Bakery

    0.30 miles

  • IHOP

    0.32 miles

  • A&W

    0.38 miles

  • Subway

    0.40 miles

  • Tres Hermanas

    0.40 miles

  • Pizzasaurus Rex

    0.43 miles

  • Saint Francis of Assisi Elementary School

    0.34 miles

  • Merryhill School Midtown

    0.53 miles

  • Sutter Middle School

    0.66 miles

  • David Lubin Elementary School

    0.80 miles

  • State Capital Center

    0.81 miles

  • Capitol Heights Academy

    0.92 miles

  • Sacramento High School

    0.94 miles

  • Washington Elementary School

    1.07 miles

  • Sacred Heart Parish School

    1.09 miles

  • Sacramento Valley School

    1.12 miles

  • Common Grounds Preschool and Daycare

    0.36 miles

  • Oak Park Preschool

    1.13 miles

  • Playhouse Preschool

    2.07 miles

  • Glory Children's Learning Center, Inc.

    4.42 miles

  • Federal Building Day Care

    4.75 miles

  • Thomas A Edison Elementary School

    4.92 miles

  • Didion 4th R

    5.78 miles

  • Camellia Waldorf School

    6.95 miles

  • Birth & Beyond

    8.93 miles

  • ARC Childcare

    8.98 miles

Frequently Asked Questions

How much does 2615 P Street cost?

The space currently listed for sale at 2615 P Street asks for $1,500,000.

What is the total square footage of 2615 P Street?

2615 P Street totals 3,696 square feet.

When was this property built?

2615 P Street was built in 1924.

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Contact Listing Broker

broker

Jack Scurfield Is this you?

Turton Commercial Real Estate