
2223 L St
2223 L St, Sacramento, CA
Rare Midtown opportunity in the historic Capitol District! Built in 1915, this grand 3,795 sqft resident offers the scale and character of a bygone era – generously sized rooms, classic architecture and a finished basement providing flexible extra space. The home opens door to exciting possibilities: multi-generational living, room rental income or potential multi-unit conversion plus ADU. Located in the heart of Midtown, just blocks from the State Capitol, dining, coffee shops, farmers markets, and Sacramento’s vibrant arts scene. Close to Sutter's Fort Park and Capitol Park, minutes from Sutter Medical Center, with quick US-50 freeway access. Property will sell as its current condition. Bring your ideas and restore this historic gem to its full glory!
List price
$650,000
Est. monthly rent
$6,500
Lender minimum: 1.25×
Monthly cash flow
$973
Cash-on-cash return
5.99%