Map of Property

515 21st Street

515 21st Street, Sacramento, CA 95811

  • For Sale $2,150,000
  • Property Type Multi-Family
  • Property Size 4,161 SF
  • Units 17
  • Cap Rate % 6.5
  • Additional Rent Contact for pricing
  • # of Floors 2
  • Parking Spaces Avail. 6
  • Parking Ratio 1.44 / 1,000 SF
  • Year Built 1968
  • Date Updated Dec 16, 2024
  • ± 4,161 total SF building for sale in Boulevard Park
  • Purchase price: $2,150,000 ($516 price PSF, $126,000 average price per unit)
  • Pro-forma cap rate: 6.5%
  • Value-add housing opportunity
  • Most affordable housing that Midtown has to offer; reliable cash flow when fully leased
  • Two story building; 17 dorm-style studios, 2 shared kitchens, 3 shared bathrooms, and 1 shared laundry room
  • 6 covered parking stalls and abundant street parking
  • Recently renovated building with modern interior and exterior finishes
  • Walking and biking distance to many popular Midtown amenities, such as La Costa Cafe, New Roma Bakery, Target, Bonfare Market, Ace Hardware, The Mill Coffee, At Ease Brewing, and several bus stops
  • Possible seller financing available
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

broker
Ken Turton Is this you?

Turton Commercial Real Estate

broker
Hayden Nabers Is this you?

Turton Commercial Real Estate

Location

Getting Around

  • Walk Score ®

    91/100 Walker's Paradise

  • Transit Score ®

    47/100 Some Transit

  • Bike Score ®

    99/100 Biker's Paradise
Powered by Walk Score ®
  • City Sacramento, CA
  • Neighborhood Boulevard Park
  • Zip Code 95811
  • Market Sacramento

Points of Interest

  • Alkali Flat/La Valentina

    0.72 miles

  • 23rd Street

    1.02 miles

  • 8th & H/County Center

    1.05 miles

  • St. Rose of Lima Park

    1.06 miles

  • 16th Street

    1.06 miles

  • 8th & K

    1.11 miles

  • 7th & I/County Center

    1.13 miles

  • 13th Street

    1.18 miles

  • 29th Street

    1.19 miles

  • 8th & Capitol

    1.20 miles

  • Shell

    0.60 miles

  • Arco

    0.68 miles

  • ChargePoint

    0.72 miles

  • Chevron

    0.81 miles

  • 76

    1.10 miles

  • SMUD

    1.17 miles

  • Stop and Shop

    1.24 miles

  • One Stop Gas

    1.56 miles

  • EVgo

    1.81 miles

  • Rivian

    1.84 miles

  • CVS Parking

    0.12 miles

  • Memorial Garage

    0.56 miles

  • East End Garage

    0.67 miles

  • Public Parking

    0.70 miles

  • ACE Parking

    0.73 miles

  • Lot D

    0.74 miles

  • Sutter Hospital Lot A

    0.80 miles

  • Sutter Hospital Lot B

    0.85 miles

  • City Hall Parking Garage

    0.88 miles

  • Capitol Garage

    0.97 miles

  • Travelodge Sacramento Convention Center

    0.39 miles

  • Econo Lodge Sacramento Convention Center

    0.41 miles

  • Americas Best Value Inn Downtown Convention Center

    0.42 miles

  • Quality Inn Sacramento Convention Center

    0.56 miles

  • Hyatt House Sacramento / Midtown

    0.64 miles

  • Amber House Inn of Midtown

    0.65 miles

  • Sterling Hotel

    0.65 miles

  • Residence Inn by Marriott Sacramento Downtown at Capitol Park

    0.68 miles

  • Sheraton Grand Sacramento Hotel

    0.78 miles

  • Congress Hotel

    0.79 miles

  • Sampino's Towne Foods

    0.36 miles

  • Tropics Ale House Midtown

    0.37 miles

  • Kiki's Chicken Place

    0.38 miles

  • Domino's

    0.39 miles

  • Noah's Bagels

    0.39 miles

  • H Salt Fish & Chips

    0.41 miles

  • Sawasdee Thai Cuisine

    0.42 miles

  • The Old Spaghetti Factory

    0.42 miles

  • Rick's Dessert Diner

    0.42 miles

  • Azul Mexican Food & Tequila Bar

    0.42 miles

  • Washington Elementary School

    0.28 miles

  • State Capital Center

    0.39 miles

  • Saint Francis of Assisi Elementary School

    0.60 miles

  • Sacramento Montessori School

    0.77 miles

  • Mustard Seed School

    0.79 miles

  • Sutter Middle School

    0.83 miles

  • Dos Rios Elementary School

    1.10 miles

  • David Lubin Elementary School

    1.23 miles

  • Sacred Heart Parish School

    1.33 miles

  • Theodore Judah Elementary School

    1.39 miles

  • Common Grounds Preschool and Daycare

    0.57 miles

  • Oak Park Preschool

    2.04 miles

  • Playhouse Preschool

    2.71 miles

  • Glory Children's Learning Center, Inc.

    4.23 miles

  • Federal Building Day Care

    4.46 miles

  • Thomas A Edison Elementary School

    4.80 miles

  • Didion 4th R

    6.39 miles

  • Camellia Waldorf School

    7.65 miles

  • Birth & Beyond

    8.25 miles

  • ARC Childcare

    8.52 miles

Frequently Asked Questions

How much does 515 21st Street cost?

The space currently listed for sale at 515 21st Street asks for $2,150,000.

What is the total square footage of 515 21st Street?

515 21st Street totals 4,161 square feet.

When was this property built?

515 21st Street was built in 1968.

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