820 S Street is a mixed-use multifamily asset for sale in the heart of Downtown Sacramento. The 34,194 SF property was constructed in 2023 by Fulcrum Property and is currently 98% leased. The property features 72 residential units comprised of 58 studios, 7 one-bedroom units, and 7 two-bedroom units across three floors. The property also features a ground floor retail space leased to Tupi Coffee, a popular Brazilian coffee shop and restaurant. The studio and one-bedroom units are income restricted to 80% of AMI; however, the owner receives a property tax exemption for all studio and one-bedroom units (property taxes only paid on assessed value of 2bed units and retail). The property is being offered at $20,000,000 or $259k per unit which represents a 5.14% cap rate on proforma income and expenses. Qualified buyers may assume a $13.2mm existing loan with maturation in August 2034 and fixed interest rate of 5.435%. AAA location along the R Street corridor, just blocks from Southside Park, .7 miles from the State Capitol and 1.2 miles from Golden 1 Arena/DoCo. Property has 15 on-site parking stalls, on-site gym and management, patio/outdoor balconies in each unit, and large ground floor community area. This is a true core asset!
MLS #
ME225083733
MLS Source
MetroList Services, Inc.
Days on Site
24
Flooring
Concrete
Laundry
Coin Operated
Cooling
Other
Roof
Flat
Foundation
Slab
Style
Modern/High Tech
Garage/Parking
Attached Garage, Garage: 0 Car(s)
Sewer
Public Sewer
Water
Public
HOA Fee
$0
Zoning
C-2-SPD
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 70 | 73 |
Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
---|---|---|---|---|---|---|
1 | 0 | 0 | 0/0 | – | – | – |
820 S Street is a Residential Income in Sacramento, CA 95811. This 34,194 square foot property sits on a 0.633 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $20,000,000 and was built in –.
This address can also be written as 820 S Street, Sacramento, CA 95811.©2025 MetroList Services, Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MetroList Services, Inc.
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This listing information is up-to-date as of June 25, 2025. For the most current information, please contact Jon Lang, (916) 710-0753