Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
2 Beds
4 Baths
800 sqft

$2,800,000

1928 21st Street, Sacramento CA, 95811

Price per sqft$3,500.00
Built in2024
Property size800 sqft
Property typeMulti-family

Overview

Active

Listed Sep 10, 2026

Updated 7 days ago

5.6% ASSUMABLE LOAN! Welcome to 1928 21st Street a newly constructed, turnkey 6-unit apartment building located in the highly desirable and walkable Poverty Ridge neighborhood of Midtown Sacramento. Completed in November 2024, this fully leased investment property offers a rare opportunity to own modern multifamily real estate in a premium Sacramento location. Each of the six thoughtfully designed one-bedroom units features soaring ceilings, custom doors and windows, abundant natural light, efficient floor plans, and high-end finishes throughout. Every unit includes its own washer and dryer hookups as well as private outdoor space, with each residence offering a patio or balcony and select units featuring multiple balconies. The approximately 4,739-square-foot building generates strong, stabilized rental income totaling $16,500 per month, providing investors with an attractive income-producing asset with the benefits of newer construction and reduced near-term maintenance. Perfectly situated in historic Poverty Ridge, the property is within walking distance of light rail, Downtown Sacramento, restaurants, cafs, shopping, entertainment, and local parks. The combination of modern construction, private outdoor spaces, desirable unit amenities, strong rental income, and an exceptional central location makes 1928 21st Street a standout investment opportunity. Whether you're expanding an existing multifamily portfolio or seeking a low-maintenance, high-performing Sacramento asset, 1928 21st Street offers an exceptional combination of location, quality, and income.

$18,628/mo

Est. mortgage payment based on a $2,800,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
226113912

Interior Features

Bedrooms
2
Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.07 Acres
MLS provider logo

Courtesy of eXp Realty of California Inc., Jamil Katzenbarger,
Listing Contact:  

Data maintained by METROLIST® may not reflect all real estate activity in the market. All information has been provided by seller/other sources and has not been verified by broker. All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. All interested persons should independently verify the accuracy of all information. All real estate advertising placed by anyone through this service for real properties in the United States is subject to the US Federal Fair Housing Act of 1968, as amended, which makes it illegal to advertise 'any preference, limitation or discrimination because of race, color, religion, sex, handicap, family status or national origin or an intention to make any such preference, limitation or discrimination.' This service will not knowingly accept any advertisement for real estate which is in violation of the law. Our readers are hereby informed that all dwellings, under the jurisdiction of U.S. Federal regulations, advertised in this service are available on an equal opportunity basis. 

©2026 METROLIST®. All rights reserved.

Data last updated 4:21 AM UTC

 

Powered by Luxury Presence