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1720 N St, Sacramento, CA, 95811

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for sale

$3,298,000

Lot Size:	0.15 Acres
Year Built:	1952
Status:	Active
MLS #:	224027091
Date Updated:	4/28/2024

For information contact:
Lincoln Home List
530-320-5783

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Go See This Property

Turton Commercial Real Estate is please to exclusively offer for sale 1720 N Street, dubbed the Ambassador Gardens'', and herein referenced as the Property'', as a rare opportunity to acquire a centrally located multifamily asset in the urban core of Sacramento. The Property is being offered for sale at $3,298,000, representing pricing of approximately $235,571 per unit. Consisting of 14 residential units, a laundry room with coin operated machines, and covered parking, Ambassador Gardens provides a healthy unit mix of one 3 bedroom 1.5 bathroom floorplan, one two bed one bath, eight 1 bed 1 bath units, and four studio options. The Property is currently 71% occupied and has just received over $100,000 in various improvements including vacant unit renovations, new fixtures and appliances, fresh exterior paint, and a new water heater. Ambassador Gardens is poised for stabilization to 100% occupancy at market rents and represents a strong value-add'' opportunity for any multifamily investor.

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Property Type:	Beds:	Baths:
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Interior Details
# of 1 Bedroom Units: 8	# of 2 Bedroom Units: 1
# of 3 Bedroom Units: 1	Flooring: Simulated Wood, Laminate, Wood, Varies by Unit
Levels: Two	Laundry Features: Coin Operated
# of Studio Units: 4	# Of Units Total: 14
Stories: 2	Unit 1 Bedrooms: 2
Unit 1 Full Baths: 1	Unit 1 Partial Baths: 0
Unit 1 Approx SqFt: 703	Unit 2 Bedrooms: 0
Unit 2 Full Baths: 0	Unit 2 Partial Baths: 0
Unit 2 Approx SqFt: 0	Unit 3 Bedrooms: 0
Unit 3 Full Baths: 0	Unit 3 Partial Baths: 0
Unit 3 Approx SqFt: 0	Unit 4 Bedrooms: 0
Unit 4 Full Baths: 0	Unit 4 Partial Baths: 0
Unit 4 Approx SqFt: 0	# of Floors: 2
# of Rooms: 0	Unit 1 # of Rooms: 4
Unit 2 # of Rooms: 0	Unit 3 # of Rooms: 0
Unit 4 # of Rooms: 0

Exterior Details
Lot Size Acres: 0.1500	Elevation: 0
Parking Features: Covered, Street	Covered Spaces: 0.00
Garage Spaces: 0.0	Open Parking Spaces: 0.0
Lot Size Square Feet: 6534.00	Carport Spaces: 0.0
# of Guest Space(s): 0	Independent Parking Spaces: 0
Total Parking Spaces: 3.00	Tandem Parking Spaces: 0

Community Information
APN: 006-0235-007-0000	County: Sacramento
Cross Street: 18th St	Directions to Property: Down N Street between 17th & 18th.
Association: No	Zoning: R-3A-SPD

School Details
Elementary School District: Sacramento Unified	Middle or Junior School District: Sacramento Unified
Senior High School District: Sacramento Unified	School District (County): Sacramento

Property Information From MLS Data
Construction Materials: Brick, Stucco, Frame, Glass	Units Furnished: None
# Of Buildings: 1	Special Listing Conditions: None
Property Subtype: 5 or More Units	Year Built: 1952
Total # Leasable: 14	Virtual Tour URL: Click here
1 Bedroom Annual Occupancy: 0	2 Bedroom Annual Occupancy: 0
3 Bedroom Annual Occupancy: 0	4 Bedroom Annual Occupancy: 0
# of 1 Bedrooms Occupied: 0	# of 2 Bedrooms Occupied: 0
# of 3 Bedrooms Occupied: 0	# of 4 Bedrooms Occupied: 0
Basement: Other	# Commercial Units: 0
Lot Features: Landscape Front	Total # Owner Occupied: 0
# Studios Occupied: 0	Studio Annual Occupancy: 0
Green Verification Year: 0	Commission To Buyer Broker: 2
Commission Type: %

Financial Information
Association Fee: 0	Tenant Pays: Electricity, Water
Unit 1 Rent: 1600	Unit 2 Rent: 0
Unit 3 Rent: 0	Unit 4 Rent: 0
Lease Deposit: 0

Utilities
Cooling: Window Unit(s)	Heating: Electric, Hot Water
Sewer: Public Sewer	Utilities: City
Water Source: Public	Irrigation: Irrigation Available, See Remarks, Other

Listing Information Courtesy of:

Listing Co Office Name: Ken Turton, Broker

Listing Office Name: Ken Turton, Broker

Listing Agent Name: Jack B Scurfield

Jobs near 1720 N St

Monthly Payment for 1720 N St

This is an estimated monthly mortgage payment. Your actual financing will vary depending on your lender, local taxes, credit score and other factors.

Price:	$3,298,000
Down Payment:
Loan Amount:	$2,638,400
Loan Type:	30 year fixed at %
Principal & Interest:
Property Taxes:	(1.5%)
Homeowner's Insurance:
Total Payment:

Listing courtesy of Jack Scurfield, Ken Turton, Broker

Information obtained from CAMMLS is current as of 4/28/2024 3:28 PM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information 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.

Status Explained

Multiple Listing Services use a variety of statuses with their listings, and sometimes a combination of statuses. Below is a list of common terms you may see.

Status	Meaning
Active	Available for purchase
Active with Contract Backup Contingent Cont Continue to Show Pending Under Deposit Under Contract	Available but the listing has an offer on it and is being displayed to solicit backup offers. You may be able to make an offer but you will be competing with another buyer. Contact an agent to discuss making an offer.
Back On Market	Available. The listing was previously unavailable
Cancelled Closed Sold Expired Off Market Withdrawn	No longer available.
New	Available, recently listed
Price Raised Reduced Changed	Available and has recently had a price change
Short Short Sale	Available but requires a bank approval for any offer

Information deemed reliable but not guaranteed. Information 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.

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