Central Sacramento Homes with Apartments Subtype Description

Central Sacramento Homes with Apartments Subtype Description

Welcome to Central Sacramento, a vibrant neighborhood that perfectly captures the essence of California living. Nestled in the heart of the state’s capital, this area is a delightful blend of urban convenience and suburban charm, making it an ideal place for families, young professionals, and retirees alike.

Central Sacramento boasts a rich tapestry of history and culture, with tree-lined streets, eclectic shops, and a diverse culinary scene. Residents enjoy easy access to local parks, community events, and a variety of entertainment options, from art galleries to live music venues. The neighborhood is well-connected, offering convenient public transportation and major highways that make commuting a breeze.

One of the standout features of Central Sacramento is its unique housing options, particularly homes with apartment subtypes. These properties are perfect for those seeking versatility and investment potential. Imagine living in a charming single-family home while also having the opportunity to rent out an apartment unit for additional income. This dual-living arrangement allows homeowners to maximize their investment while enjoying the comforts of their own space.

With a mix of historic and modern architecture, the homes in Central Sacramento reflect the area’s character and appeal. Whether you’re looking for a cozy bungalow or a spacious multi-family property, you’ll find a variety of options to suit your needs.

In Central Sacramento, you’re not just buying a home; you’re investing in a lifestyle. Experience the warmth of community, the excitement of urban living, and the beauty of California sunshine in this fantastic neighborhood. Come explore the possibilities today!

Newest Central Sacramento Homes with Apartments Subtype Description

$3,995,000
18,421 SqFt. 226090335 MLS
Wetzlar Square, an exceptionally rare opportunity to acquire one of Downtown Sacramento's most distinctive mixed-use investment properties. Offered for sale for the first time since 1989, Wetzlar Square consists of three architecturally unique buildings situated on a single parcel, blending irreplaceable historic character with stable income and long-term investment potential. The property features 23 apartment units and ground-floor professional office suites, creating a diversified income stream that appeals to investors seeking both stability and future upside. Each building offers its own unique identity. 1019 H Street is a striking three-story brick apartment building showcasing timeless architectural character. 1021 H Street, originally constructed by Julius Wetzlar in 1871, is one of Downtown Sacramento's historic residential gems. Throughout its history, the building has been home to prominent Sacramento residents and preserves architectural features rarely found today, including four extraordinary residences with approximately 18-foot ceilings that create an unmatched living experience. Fronting H Street, 1023 H Street provides professional office space at street level with apartments above, creating an ideal environment for attorneys, consultants, and other professionals who benefit from the property's close proximity to the federal and county courthouses. Perfectly positioned within Sacramento's Government and Legal District, Wetzlar Square sits just moments from City Hall, the California State Capitol, the U.S. District Court, the Sacramento County Courthouse, and countless government agencies, law firms, and professional offices. The surrounding neighborhood offers an exceptional walkable lifestyle with restaurants, coffee shops, entertainment, public transportation, and the city's expanding residential and employment base all within blocks of the property. Investment opportunities of this caliber are increasingly difficult to replicate. The combination of historic architecture, multiple income sources, irreplaceable downtown location, and nearly four decades of ownership creates a compelling offering for investors seeking a landmark asset with dependable cash flow and meaningful long-term appreciation potential. Whether maintained as a stabilized mixed-use investment or enhanced through strategic renovations and operational improvements, Wetzlar Square represents a true generational acquisition in the heart of Downtown Sacramento.

1023 H Street, Sacramento

Listing courtesy of ALIVE Commercial Real Estate.

$7,100,000
29,558 SqFt. 226089012 MLS
The Corum Building is a value-add mixed-use building that is being offered for sale for the first time in 32 years. Enjoying a high visibility location at the corner of 22nd Street and J Street, a main arterial road that connects Downtown to East Sacramento, the Corum is a 3-story midrise featuring 42 residential units and two ground floor retail tenants across 29,558 total square feet. The property is comprised to two separate structures that are connected by an outdoor stairwell and breezeway. 926 22nd Street, which is located at the corner of 22nd and J Street, is a brick-clad building that includes the anchor ground floor retail space and 25 studio units on the second and third floors. The second structure, 916 22nd Street, which is located at the corner of 22nd Street and Improv Alley, features 17 total units including 16 one-bed units and 1 two-bed unit. All 42 units have been upgraded to varying degrees over the years but most include newer LVP flooring, cabinetry, and lighting together with updated original architectural features. Capital improvements within the last 10 years includes new roofs on both structures and new electric panels at 926 22nd. The ground floor of the property is leased to two retail/office tenants including O-Toro Midtown, an established sushi restaurant with a long track record of success at the property. O-Toro leases 4,500 SF at the corner of 22nd and J St. and recently extended its triple-net lease through March 2035. The other retail space, measuring 670 SF along 22nd Street, is leased to a local non-profit through August 2026; it is possible this retail space could be converted to a 43rd residential unit. The Corum is being offered at $7,100,000 which equates to a 5.99% blended capitalization rate based on actual income and proforma expenses. Given the existing rents are about 20% below market, there is potential upside to a 8%+ annual return. The property is squarely in the heart of Midtown, just two blocks from the MARRS Building and Midtown Farmers Market, and walking distance to dozens of best-in-class amenities, parks, and the American River Bike Trail. This is a true generational investment and a rare opportunity to purchase a iconic building in Midtown.

926 22nd Street, Sacramento

Listing courtesy of Ken Turton, Broker.

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