- For Sale $1,950,000
- Property Type Other
- Property Size 4,524 SF
- Lot Size 0.12 SF
- Year Built 1900
- Date Updated Jul 3, 2026
Description
Colliers is please to present for sale 2423 L Street, a rare opportunity to acquire a boutique multifamily asset in the heart of Midtown Sacramento, one of the regions most desirable and vibrant urban neighborhoods. The property consists of Six large Studio Apartments that have been tastefully remodeled and complemented by two newly constructed detached ADU units, each offering approximately 600 square feet with 2bedroom/1bathroom floor plans. The combination of existing rental income and brand-new construction creates an attractive investment opportunity with a diverse unit mix and a strong long-term rental demand.
Positioned on a tree-lined street in Midtown, the property offers residents an unparalleled live-work-play lifestyle within walking distance of Sacramento’s premier dining, entertainment, shopping, and employment centers. Residents enjoy easy access to popular destinations including Sutter’s Fort, McKinley Park, the Midtown Farmers Market, East Sacramento, Downtown Sacramento, and the State Capitol.
The location is also surrounded by some of the city’s most acclaimed restaurants, coffeeshops, breweries, fitness studios, and boutique retailers.
Please call the brokers for more information.
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