318 12th ST, Sacramento, CA 95814
318 12th ST, Sacramento, CA 95814
318 12th ST, Sacramento, CA 95814
318 12th ST, Sacramento, CA 95814
318 12th ST, Sacramento, CA 95814
318 12th ST, Sacramento, CA 95814
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Markus Dascher

Markus Dascher

+1(916) 541-7481
$ 995,000
Est. payment | /mo

3,201 Sqft Lot

Save
$ 995,000
Est. payment | /mo
Save

3,201 Sqft Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 226120941

HOA Y/N No

Year Built 1934

Lot Size 3,201 Sqft

Acres 0.0735

Property Sub-Type Mixed Use

Source MLS Metrolist

Property Description

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.

Location

State CA

County Sacramento

Area 10814

Direction Down 12th street property is on right side between C & D Street

Location Details Downtown

Interior

Heating Central, Varies by Unit

Cooling Central, Varies by Unit

Flooring Carpet, Vinyl, Wood

Exterior

Parking Features Garage

Utilities Available Separate Gas Meter, Separate Water Meter, Sewer Connected, Varies by Unit

Water Access Desc Public

Roof Type Composition,Flat

Building

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 002-0075-014-0000

Special Listing Condition None

MetroList® Services, Inc
Listed by Ken Turton, Broker

Nearby Locations

GET MORE INFORMATION

Markus Dascher
Markus Dascher

REALTOR® Lic# DRE# 01740632

+1(916) 541-7481

3620 Fair Oaks Blvd # 300, Sacramento, CA 95864

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Markus Dascher, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

318 12th ST