1517 17th Street
Sacramento, CA, 95811
$
2,388,000
Baths0.0
Sq
5,362
Monthly Estimate*
$
14,703
Studio for $2,388,000. This 5,362 square foot home was built in 1923 on a lot size of 0.07.
We are proud to present 1517 17th Street an exceptional investment opportunity in the Heart of Midtown Sacramento. The subject property is a fully remodeled, turn-key multifamily asset located in one of Midtown Sacramento's most vibrant and desirable neighborhoods. This rare offering provides a compelling combination of stabilized income, recent capital improvements, and significant upside potentialall at an attractive cap rate and below-market basis. The subject property consists of 13 Units Total: (5) Standard Studios, (5) Deluxe Studios, (2) 1BR/1BA Units, and (1) Spacious 1BR/1.5BA Unit. Upgrades include a new roof (TPO, installed 6 months ago), brand-new electrical system ($150,000+ invested), modern HVAC systems (Mini Splits & PTAC). The units include open floor plans, new appliances, refinished original hardwood floors, and updated lighting throughout. As you walk into the front door you will notice the upgrades interior hallways featuring new flooring, fresh paint, LED recessed lighting, and a secured access system. Located below the first floor is an on-site manager's office, full basement for storage, and washer/dryer hookups. Utilities (except water) are already tenant-paid; a RUBS system could add $25-$75/unit monthly by passing along water, sewer, and garbage costs. 1517 17th Street is situated on the corner of 17th & Q Streets, this asset is just one block from Midtown's bustling retail and entertainment core. Residents enjoy walkable access to boutique shops, parks, popular restaurants, breweries, and nightlife. The property also benefits from alley access, mature trees, and low-maintenance landscaping, enhancing its overall curb appeal and livability. Minutes to California State Capitol, Highway 50 & Highway 80, with easy access to Sacramento's best neighborhoods and surrounding desirable areas & employment.
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Features
General
Sewer
Public Sewer
Heating
Varies by Unit
Cooling
Ceiling Fan(s)
Wall Unit(s)
Ductless
Window Unit(s)
Varies by Unit
Utilities
Other
Unit 4 Rent
0
Unit 2 Rent
0
Unit 3 Rent
0
Unit 1 Rent
1700
HOA Fee
0
Garage Spaces
0.0
Construction Materials
Stucco
Year Built
1923
Stories Count
2
Property Subtype
5 or More Units
Elevation
0
County
Sacramento
Property Type
Residential Income
HOA
N
Total Rooms
0
Close Price
0.0
Status
Active
Directions
Corner of 17th Street and O Street in Downtown Sacramento.
City
Sacramento
High School District
Sacramento Unified
Zoning Description
R-3A-SPD
Open Parking Spaces
0.0
Number Of Units Total
13
MLS Area
10811
Lot Size Square Feet
3049.0
Carport Spaces
0.0
Standard Status
Active
Middle/Junior School District
Sacramento Unified
Elementary School District
Sacramento Unified
Year Built Source
Owner
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Interior
Flooring
Varies by Unit
Total Stories
2
Unit 1 Full Baths
9
Unit 2 Full Baths
0
Unit 3 Full Baths
0
Unit1Bedrooms
13
Unit3Bedrooms
0
Laundry Features
Washer/Dryer Owned
Washer/Dryer Hookups
Unit 1 Bedroom Units Total
3
Unit 2 Bedroom Units Total
0
Unit 3 Bedroom Units Total
0
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Exterior
Parking Features
Offsite
See Remarks
Lot Features
Corner
Water Source
Meter on Site
Total Parking
0.0
Foundation Details
Concrete
Number of Buildings
1
Lot Size Acres
0.07
Lot Size Source
Owner
Covered Spaces
0.0
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* Excluded Features
List By
Collier's International
Broker
matt.sarro@colliers.com
Email
Affordability Calculator
- Monthly Principal & Interest
- $14,703
- 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
Multi-family listings in Sacramento, CA
Average List Price
$1,034,467
Percent of Sale Price
57%
About Sacramento, CA
501,568
Population
23%
Since 2002
$
54,303
Median Income
35.68
Median Age
29%
Households with Children
Trends Information provided by ATTOM Data Solutions.
3193778
Elementary School
3193676
Middle School
Unknown High School
High School
Pricing History
| Date |
Price |
Price Change |
Description |
|
2/14/2026
|
$2,388,000
|
|
Listed Price
|