Incredible investment opportunity in the heart of Midtown Sacramento! This former multi-unit rental property offers immense potential for redevelopment, with city reports recommending a tear-down. Previously operating as four leased units, the property featured a basement with 3 bedrooms, 1 bath, and a kitchen; a main level with two units, each offering 1 bedroom, 1 bath, and a kitchen; and an upstairs unit with 2 bedrooms, 1 bath, and a kitchen. Located in a prime Midtown location, this property is being sold as-is, presenting the perfect opportunity for investors or developers to reimagine and maximize its potential. Don't miss this chance to create a high-income property in one of Sacramento's most desirable areas!
Closed
$250,000
1504 U St, Sacramento, CA 95818
7beds
2,115sqft
Single Family Residence
Built in 1905
3,049 Square Feet Lot
$613,100 Zestimate®
$118/sqft
$4,682 Estimated rent
Home value
$613,100
$490,000 - $754,000
$4,682/mo
Zestimate® history
Owner options
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$1,625/mo
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List your homeWhat's special
Basement levelTwo unitsMain level
Zillow last checked:
Listing updated:
Listed by:
Samantha Tov DRE #01258764 916-947-4312,
Portfolio Real Estate,
Judy Cuong DRE #01309164 916-613-3339,
Portfolio Real Estate
Bought with:
Samantha Tov, DRE #01258764
Portfolio Real Estate
Source: MetroList Services of CA,MLS#: 224152470Originating MLS: MetroList Services, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Rooms
- Room types: Bathroom, Converted Garage, In Law Apartment, Kitchen, Other
Dining room
- Features: Other
Kitchen
- Features: Breakfast Area, Kitchen/Family Combo
Heating
- Other
Cooling
- Other
Appliances
- Included: Other
- Laundry: Other
Features
- Flooring: Other
- Has fireplace: No
Interior area
- Total interior livable area: 2,115 sqft
Property
Parking
- Parking features: Converted Garage, Detached, Driveway
- Has garage: Yes
- Has uncovered spaces: Yes
Features
- Stories: 2
- Fencing: Fenced,Wood,See Remarks,Other
Lot
- Size: 3,049 Square Feet
- Features: Shape Regular, Low Maintenance
Details
- Additional structures: Guest House
- Parcel number: 00901520040000
- Zoning description: R-1B
- Special conditions: Offer As Is,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Victorian
- Property subtype: Single Family Residence
Materials
- Frame, Wood, Wood Siding
- Foundation: Raised
- Roof: Shingle,Composition,Other
Condition
- Year built: 1905
Utilities & green energy
- Sewer: Sewer Connected & Paid, In & Connected, Public Sewer
- Water: Public
- Utilities for property: Public
Community & HOA
Location
- Region: Sacramento
Financial & listing details
- Price per square foot: $118/sqft
- Tax assessed value: $659,549
- Annual tax amount: $7,979
- Price range: $250K - $250K
- Date on market: 7/5/2025
- Road surface type: Paved, Chip And Seal, Paved Sidewalk
Price history
| Date | Event | Price |
|---|---|---|
| 2/24/2025 | Sold | $250,000-21.6%$118/sqft |
Source: MetroList Services of CA #224152470 Report a problem | ||
| 2/13/2025 | Pending sale | $319,000$151/sqft |
Source: MetroList Services of CA #224152470 Report a problem | ||
| 2/12/2025 | Price change | $319,000-24.9%$151/sqft |
Source: MetroList Services of CA #224152470 Report a problem | ||
| 1/24/2025 | Price change | $425,000-14.8%$201/sqft |
Source: MetroList Services of CA #224152470 Report a problem | ||
| 1/21/2025 | Pending sale | $499,000$236/sqft |
Source: MetroList Services of CA #224152470 Report a problem | ||
| 1/14/2025 | Listed for sale | $499,000$236/sqft |
Source: MetroList Services of CA #224152470 Report a problem | ||
| 1/3/2025 | Pending sale | $499,000$236/sqft |
Source: MetroList Services of CA #224152470 Report a problem | ||
| 12/19/2024 | Listed for sale | $499,000$236/sqft |
Source: MetroList Services of CA #224152470 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,979 +1.4% | $659,549 +2% |
| 2024 | $7,868 +81.8% | $646,618 +89.4% |
| 2023 | $4,328 +1.7% | $341,437 +2% |
| 2022 | $4,255 +4.8% | $334,743 +2% |
| 2021 | $4,059 -0.7% | $328,181 +1% |
| 2020 | $4,087 +2.1% | $324,817 +2% |
| 2019 | $4,002 +2.6% | $318,449 +2% |
| 2018 | $3,900 +1.4% | $312,206 +2% |
| 2017 | $3,846 +67.1% | $306,085 +74.7% |
| 2016 | $2,302 +1.5% | $175,196 +1.5% |
| 2015 | $2,268 +2.3% | $172,565 +2% |
| 2014 | $2,217 | $169,186 +0.5% |
| 2013 | -- | $168,423 +2% |
| 2012 | -- | $165,122 +2% |
| 2011 | -- | $161,885 +0.8% |
| 2010 | -- | $160,676 +1.8% |
| 2008 | -- | $157,901 +2% |
| 2007 | -- | $154,806 +2% |
| 2006 | -- | $151,772 +2% |
| 2005 | -- | $148,797 +2% |
| 2004 | -- | $145,881 +1.9% |
| 2003 | -- | $143,209 +11% |
| 2002 | -- | $129,040 |
| 2001 | -- | $129,040 +10% |
| 2000 | -- | $117,310 |
Find assessor info on the county website
Neighborhood: Richmond Grove
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Nearby schools
GreatSchools rating
- 9/10William Land Elementary SchoolGrades: K-6Distance: 0.3 mi
- 7/10Miwok MiddleGrades: 7-8Distance: 1.6 mi
- 6/10C. K. McClatchy High SchoolGrades: 9-12Distance: 1.2 mi
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Estimated market value
$613,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$613,100
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