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2416 S Street, 
Sacramento, CA 95816

$3,150,000


Bed


Bath


5,340

Sq Ft


Multi-Family

Active

Listed by

James Drazenovich

Brittain Commercial

Last updated:

August 25, 2025, 09:36 PM

MLS#

225111767

Source:

MFMLS

About This Home

2416 S Street

Brittain Commercial is pleased to present 2416-2420 S Street, a 16-unit apartment community located in the prime Newton Booth submarket of Midtown Sacramento. Positioned in one of Sacramento's most desirable neighborhoods, the property offers residents unmatched convenience and a vibrant lifestyle. Current residents enjoy proximity to Sutter's Fort State Historical Park, Sutter Medical Center, Temple Coffee, Sacramento Natural Foods Co-op, the Light Rail system, Downtown Sacramento, and California State University, Sacramento. The community is surrounded by eclectic dining, live music venues, art galleries, and boutique shoppingplacing residents at the heart of Midtown's energy. Easy freeway access further enhances connectivity throughout the region. Under the same ownership since 1991, the property has been exceptionally maintained. The majority of units have been upgraded and are achieving market rents, while seven long-term tenancy units remain unrenovated, providing substantial upside through interior improvements and lease adjustments. This loss-to-lease opportunity positions new ownership to significantly enhanced NOI. There are 9 off-street parking spaces that can be rented separately for additional income. Common area maintenance fee of $35 per unit is currently in place

Home Facts

Multi-Family

Built in 1972

Price Summary

3,150,000

$589 per Sq. Ft.

MLS #:

225111767

Last Updated:

August 25, 2025, 09:36 PM


Rooms & Interior

Interior

Living Area:

5,340 Sq. Ft.


Structure

Structure

Year Built:

1972


Lot

Lot Size (Sq. Ft):

6,534


Finances & Disclosures

Finances

Price:

$3,150,000

Price per Sq. Ft:

$589 per Sq. Ft.

MLS Logo
MetroList MLS 2025. This information is being provided by MetroList MLS. All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data Updated: August 25, 2025. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Any offer of compensation is made only to Participants of MLS where the subject listing is filed and in accordance with such MLS's regulations or rules.

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