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2006 U Street Sacramento, CA $ 1,497,500
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$ 1,497,500 Get more info
2006 U Street
$ 1,497,500
Back to search
Share Save

2006 U Street

Sacramento, CA, 95818
$ 1,497,500
Baths0.0 Sq 3,090

Monthly Estimate*

$ 9,220

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Studio

Multi-Family Home for sale in Sacramento, CA

for $1,497,500. This 3,090 square foot home was built in 1952 on a lot size of 0.27.

The Grove'', located in the exclusive Poverty Ridge neighborhood in Midtown, is an excellent long-term investment opportunity with several different ways to create additional value. The Property consists of two adjacent parcels improved with a triplex and a single-family house, both beautifully renovated and fully leased to long-term and high-income professional tenants. The 2006-2010 U Street parcel features a single-story triplex building and detached three-car garage on a 5,663 square foot parcel of land. The 2016 U Street parcel features a single-family residence featuring two bedrooms and two full bathrooms situated on a 6,098 square foot parcel of land. /// What makes this investment truly unique is the amount of excess land available to create upside by constructing additional units. With nearly 7,000 square feet of buildable land surrounding the existing structures, a new owner can add several additional units by right or, with slight adjustment to parcel boundaries, separately sell each parcel. Additionally, the C-2 zoning and 6.0 FAR allows up to 60,000+ SF of new multifamily residential development on the entire 11,761 SF parcel that extends from U Street to Uptown Alley, thus creating a unique covered land play'' in the best neighborhood in Midtown. /// The two properties, which must be purchased together, are offered at $1,497,500 which is $374,375 per residential unit or $127 per square foot for the underlying land. The in-place capitalization rate is 4.35% based on existing income and expenses.

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Multi-Family Active

Price

$ 1,497,500

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Unknown

Lot Size

0.27

Year Built

1952

Town/City

Sacramento

County/Region

Sacramento

MLS | Web ID

226007648
Features
General
Sewer Public Sewer
Heating Ductless Heat Pump
Cooling Ceiling Fan(s) Ductless Heat Pump
Utilities City
Roof Shingle
Appliances Ice Maker Dishwasher Microwave Varies By Unit Free Standing Electric Oven
Unit 4 Rent 1795
Unit 2 Rent 1615
Unit 3 Rent 2000
Unit 1 Rent 2600
HOA Fee 0
Garage Spaces 3.0
Patio/Porch Features Varies by Unit
Architectural Style Unknown
Construction Materials Stucco Wood
Year Built 1952
Tenant Pays Parking Fee
Stories Count 1
Topography Level
Property Subtype Quadruplex
Elevation 0
County Sacramento
Property Type Residential Income
HOA N
Total Rooms 0
Close Price 0.0
Status Active
Directions Located near the southeast corner of 20th and U Street. Plenty of street parking available nearby.
City Sacramento
High School District Sacramento Unified
Zoning Description C-2-SPD
Open Parking Spaces 1.0
Number Of Units Total 4
MLS Area 10818
Lot Size Square Feet 11761.0
Carport Spaces 0.0
Property Condition Updated/Remodeled
Ok to Lease Month To Month
Standard Status Active
Middle/Junior School District Sacramento Unified
Elementary School District Sacramento Unified
Year Built Source Assessor Auto-Fill
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Interior
Basement None
Flooring Simulated Wood Tile Wood Varies by Unit
Total Stories 1
Furnished Units None
Unit 1 Full Baths 2
Unit 2 Full Baths 1
Unit 3 Full Baths 1
Unit1Bedrooms 2
Unit3Bedrooms 1
Window Features Varies by Unit
Laundry Features In Each Unit
Unit 1 Bedroom Units Total 3
Unit 2 Bedroom Units Total 1
Unit 3 Bedroom Units Total 0
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Exterior
Exterior Amenities Yard Space
Parking Features Detached Street Garage
Lot Features Private Secluded Garden
Water Source Public
Total Parking 4.0
Foundation Details Concrete
Number of Buildings 2
Lot Size Acres 0.27
Lot Size Source Assessor Agent-Fill
Covered Spaces 0.0
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Internal Only
Street Number 1 2006
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* Excluded Features
List By
Ken Turton, Broker

Broker

jonlang@turtoncom.com

Email

Affordability Calculator

$9,220
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,220
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3193778 Elementary School
3193676 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
4/23/2026 $1,497,500 -7.85% Price Down
1/22/2026 $1,625,000 Listed Price

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2006 U Street, Sacramento, CA, 95818 is a Multi-Family Home for sale at $1,497,500 with 3,090 sqft and a lot size of 0.27. 2006 U Street is a studio with 0.0 baths and was built in 1952. The property's zip code is 95818 which is in Sacramento, CA

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