1700 V StSacramento, CA 95818

This exceptional mixed-use investment property, located at 1700 V Street in Sacramento, California, presents a compelling opportunity for owner-users or investors. The two-story building, constructed in 1900 and extensively renovated in 2024, boasts a total of 3,590 square feet situated on a 0.08-acre lot. The property comprises four units: one commercial space currently leased to a long-term tenant (lease expiring December 31, 2026), one studio apartment, and two remodeled two-bedroom, one-bathroom apartments. Each apartment features updated amenities including central heating and air conditioning, dual-pane windows, new kitchen appliances, bathroom fixtures, paint, recessed lighting, LVP flooring, and updated hardware and interior doors. Washer/dryer hookups are included in each unit. The building enjoys 100% occupancy, generating a current NOI of $47,270, with a projected NOI of $70,550 after lease expiration. The asking price is $1,050,000, representing a current cap rate of 4.50% and a pro-forma cap rate of 6.00%. The property is zoned R-3A-SPD and benefits from its prime location within walking distance of parks, restaurants, schools, coffee shops, freeways, and public transportation. This well-maintained, stabilized asset offers significant upside potential, particularly upon lease renewal of the commercial space. The property's APN is 009-0215-026-0000; 018-0053-042-0000.