Listed price in listed location currency (USD).
$1,950,000

008

MLS® 226083606

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage 
Taxes 
Days Active 1
Lot Size 0.12 Acres
Approx. Age 1900
MLS® Number 226083606

Property Address: 2423 L Street, Sacramento, CA, 95816

Average square foot calculated using Size range provided by listing agent.

Description

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 rebuilt fences and 4 of 6 remodeled interiors.
MLS® Number226083606
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
Basement
DrivewayOff Street, Uncovered, Varies by Unit
Garage Spaces
HeatCentral, Varies by Unit
A/CCentral, Varies by Unit

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 23, 2026List Date
$1,950,000List Price
  • Commute

Commute

Starting Address
Destination Address
2423 L Street, Sacramento, CA

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