Property ID: 1816-1820 L St

1820 L Street is well-located, mixed-use property in the heart of Midtown Sacramento. Located in the same building as The L Street Lofts, the premier condominium building in Sacramento, FLX INTERACTIVE & BRODERICK are outstandingtenants. This rare opportunity is ideal for investors interested in acquiring two well established mixed use units in a thriving market with a great upside opportunity. This is a commercial condominium that is a part of the L Street Lofts condominium property. It is part of the L Street Lofts HOA. The investment is very low management as all maintenance is handled by HOA and all costs paid by Tenant.

In the midst of vibrant, foodie haven, Midtown Sacramento, the property is located on L Street and 18th. Walking distance to major downtown attractions. Adjacent to restaurants, bars, and businesses. Just under 1 mile to the on / off ramp of Interstate 5.

  • No Maintenance due to HOA Management
  • High foot traffic count
  • Excellent tenants with successful track records
  • Convenient Midtown Sacramento location
  • Very low Management

Property Details

1816-1820 L St

Sacramento, CA

Neighborhood: Midtown

Price: SOLD

Building Size: 3,690

Property Type: Retail

Subtype: Street Retail

Lot Size: N/A

Number of Units: 2

APN/Parcel ID: N/A

Price per Unit: $639.30 (Price/SF)

Use Type: N/A

Cap Rate: 6.62%

Gross Multiplier:

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