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1700 V Street

Sacramento, CA 95818

– beds
– baths
– sqft
3,327 sqft lot
1900 build
– on site

Seller may carry a 1st MTG! An investor/user opportunity to acquire 1700 V Street, 2-story mixed-use building located in downtown Sacramento, California. This building is located on the southeast corner of 17th and V Street, and is comprised a convenience store ( Nick's Market) and 3 apartment units. Nick's Market, a longtime cornerstone market, occupies the ground floor commercial space and is comprised of approximately1,390 square feet. This lease expires in January 2027, with no options to renew. This allows a user opportunity to operate the c-store or lease to an market operator at twice the amount of current rate. Three apartment units occupy the remaining space within the building, with one studio unit on the ground floor, and two-2/1 apartment flats on the second story. The studio is approximately 400 square feet, and is occupied by a long term month-to-month tenant paying 50% under market, presenting immediate income upside. Upstairs, there are are two/2bed/1bath apartment flats that were beatifically remodeled in 2024. Building/unit renovations include but are not limited to: New exterior paint, new central heat/air, dual pane windows, refer, stove, faucets, lighting, luxury plank flooring, interior paint, toilet, hardware, doors, etc. The building is 100% occupied.

Listed By CRMLS_CA / Kelly Rivett / Cornish & Carey Commercial

Last checked: Checking… • Last updated Jan 18, 2025 •

MLS# ML81972984 —

The Building

Year Built:

1900
Year Built Source:

Assessor
Building Area Total:

3593.00
Roof:

Composition
Foundation:

Slab
Stories Total:

2
Accessibility Features:

None

Location

Directions:

Located on the Southeast corner of 17th and V Street, Sacramento, California. Cross Street: V Street
Latitude:

38.56431949
Longitude:

-121.48940395

The Property

Property Type:

Residential Income
Subtype:

Triplex
Zoning:

R-3A
Lot Size Area:

3327.0000
Lot Size Acres:

0.0764
Lot Size SqFt:

3327.00
Lot Size Source:

Assessor
Security Features:

Security Lights

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

11550.00

The Listing

Special Listing Conditions:

Standard
Parcel Number:

00902150260000

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air

Utilities

Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Gas Cooktop, Microwave
Included:

Yes

The Community

Association:

No
Assessments:

No

Parking

Parking:

Yes
Parking:

Off Street
Parking Spaces:

2.00
Garage Spaces:

1.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
7/12/24 Jul 12, 2024	Listed / Active	BRIDGE

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This multifamily located in Central Sacramento, Sacramento, CA 95818 is currently pending sale for $1,050,000. 1700 V Street is a – square foot multifamily with – beds and – baths that has been on Estately for 297 days. 1700 V Street is in the Central Sacramento neighborhood of Sacramento and has a WalkScore® of 93, making it a walker’s paradise. This multifamily is in the attendance area of C.K. Mcclatchy High School, Sutter Middle School, and William Land Elementary School.

Listing Courtesy of: CRMLS_CA and Cornish & Carey Commercial. Based on information from California Regional Multiple Listing Service, Inc. as of 05:56 on May 05.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.