www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
32620687
32620684

1620 G ST, SACRAMENTO, CA 95814

TM
CA 02245229
Colliers - Sacramento, California
MS
CA 01942991
Colliers - Sacramento, California
Colliers - Sacramento, California
Listed by Colliers - Sacramento, California
$4,400,000
25 days on market
Updated 25 days ago

1620 G ST SACRAMENTO CA 95814

Details
APN 002-0174-021-0000
Property Type Multifamily
Square Footage 12,287
Units 20
Cap Rate 5.01%
NOI $220,355
Price per SqFt $358
Year Built 1959
Year Renovated 2019
Buildings 1
Stories 2
Acreage 0.350
Zoning R-3A-SPD

About This Property

Marketing description

Sixteen 20 G has undergone an extensive renovation as of 2019, transforming both the exterior and interior of the complex to create a modern, turn-key community ideal for new investors. Originally built in 1959, this property now showcases the look and feel of a newly constructed development, aligning perfectly with the ongoing gentrification in Downtown-Midtown Sacramento.

The building consists of 20 units, featuring a mix of studio, one-bedroom, and two-bedroom apartments, alongside convenient off-street parking and on-site laundry facilities. The unit breakdown includes 4 studios, 14 one-bedrooms with four distinct floor plans, and 2 two-bedroom units. This secured community impresses with elegant redwood timber entry doors, and enhanced trim around a portion of the pool. Off-street covered parking spaces are available for lease, and a Ratio Utility Billing System (RUBS) has been implemented to recapture some of the common area utility expenses. Each unit is individually metered for gas and electricity, with the owner responsible for sewer, water, garbage, common area lighting, and water heating.

Inside, every unit features an open floor plan with new vinyl plank flooring in the living areas, kitchens, and bathrooms, complemented by cozy carpeting in the bedrooms. The units are equipped with stylish six-panel doors, countertops, vanities, and showers, elevating the living experience. Stainless steel appliances and faucets add a modern touch that will impress tenants upon entry. Additionally, each unit comes with wall heating and air conditioning, as well as ceiling fans in the bedrooms for optimal comfort.

A new investor will appreciate the personal touch and craftsmanship that went into this impressive remodel, along with the advantage of a solid infill location that positions Sixteen 20 G as a prime asset in the market.

Investment highlights

  • Turn key opportunity
  • Stabilized apartment community
  • Two-story garden style
  • Extensive remodel in 2019
  • Modern vibe
  • Studio, One-, Two-bedroom units
  • Off-street covered parking
  • On-site laundry
  • Swimming pool
  • RUBS program implemented
  • Redwood timber entry doors
  • Open floor plan
  • Stainless steel appliances
  • Vinyl plank flooring
  • Wall air and heat
  • Ceiling fans
  • On-site manager’s office

Listing Contacts

TM
CA 02245229
Colliers - Sacramento, California
MS
CA 01942991
Colliers - Sacramento, California
Colliers - Sacramento, California
Listed by Colliers - Sacramento, California

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$220,355.00
$18,362.92/mo

Valuation Metrics

0
DSCR
5.01%
Cap Rate
5.01%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Trevor Meleski
License
02245229
Brokerage
Colliers
Brokerage Phone
5309030959
Title
Associate
Brokerage Address
301 University Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591