318 12th Street, Sacramento, CA 95814
Local realty services provided by:Legacy Real Estate & Associates ERA Powered
318 12th Street,Sacramento, CA 95814
$995,000
- - Beds
- - Baths
- 4,835 sq. ft.
- Multi-family
- Active
Listed by: jack scurfield
Office: ken turton, broker
MLS#:226118702
Source:MFMLS
Price summary
- Price:$995,000
- Price per sq. ft.:$205.79
About this home
Exceptional mixed-use investment and owner-user opportunity in the heart of Downtown Sacramento. The approximately 4,835-square-foot building offers a unique combination of commercial and residential income, with additional upside through the potential conversion of existing garage units. The ground floor office features approximately 1,920 square feet with 3 private offices, open workspace, and a bathroom. The ground floor is available for occupancy upon close of escrow, or, the Seller is willing to lease back the ground-floor office which, if rented for $2 per square foot, would provide an additional $3,840 per month in rental income (subject to negotiated lease terms). The property currently generates $4,267 per month in rental income from three leased apartment units and one garage unit. The residential mix includes one 2-bedroom/1-bathroom unit and two 1-bedroom/1-bathroom units. With a Seller leaseback of the ground-floor office at $2.00/SF, gross monthly income would increase to approximately $8,107 per month. The property two tandem-size garage stalls offer potential for conversion to additional residential units, including studio or 1-bedroom configurations, creating an opportunity to increase the property's income-producing potential. With a versatile mix of commercial and residential uses, established rental income, flexible owner-user options, and potential for future value-add improvements, 318 12th Street presents a compelling opportunity in Downtown Sacramento....
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Home facts
- Year built:1934
- Listing ID #:226118702
- Added:3 day(s) ago
- Updated:September 25, 2026 at 03:16 PM
Rooms and interior
- Flooring:Carpet
- Living area:4,835 sq. ft.
Heating and cooling
- Cooling:Central
- Heating:Central
Structure and exterior
- Year built:1934
- Building area:4,835 sq. ft.
- Lot area:0.07 Acres
- Construction Materials:Brick, Concrete, Wood
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$995,000
- Price per sq. ft.:$205.79
Parking
- Total parking spaces:2
- Garage spaces:2
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