601 15th Street, Sacramento, CA 95814

Local realty services provided by:ERA Carlile Realty Group
601 15th Street,Sacramento, CA 95814
$1,895,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: james nabers
Office: ken turton, broker
MLS#:225142602
Source:MFMLS

Price summary

  • Price:$1,895,000

About this home

We are pleased to present the opportunity to purchase 601-605 15th Street. This recently renovated two-story, 6,512 SF, mixed-use building is being offered for $1,895,000, reflective of a 7.8% capitalization rate based on a blended actual and proforma Net Operating Income of $147,635.61 creating a perfect opportunity for a restauranteur looking to make their first move into building ownership or an investor focused on mixed-use value-add investments. The approx. 3,764 SF ground floor restaurant space offers any potential users all the benefits of a well thought out second-generation spaces with kitchen complete with hood, sinks, floor drains and full bar buildout allowing flexible use as one contiguous space or leveraging the multiple street entrances and four separate restrooms for two distinct and separate concepts. Remodeled in 2020, the fully occupied four residential units offer tenants tasteful and timeless upgrades including LVP flooring, modern countertops, new

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Home facts

  • Year built:1920
  • Listing ID #:225142602
  • Added:37 day(s) ago
  • Updated:December 18, 2025 at 04:02 PM

Heating and cooling

  • Cooling:Ceiling Fan(s)

Structure and exterior

  • Roof:Flat
  • Year built:1920
  • Lot area:0.14 Acres

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,895,000
MLS LogoMetroList MLS 2025. This information is being provided by MetroList MLS. All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data Updated: December 18, 2025. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Any offer of compensation is made only to Participants of MLS where the subject listing is filed and in accordance with such MLS's regulations or rules.

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