Sac Downtown/Midtown Homes with Other Utility Features

Sac Downtown/Midtown Homes with Other Utility Features

Welcome to the vibrant heart of Sacramento, where the Downtown and Midtown areas come alive with a unique blend of urban sophistication and historic charm. Nestled in California’s capital, this region is a dynamic hub that perfectly balances modern living with rich cultural heritage.

Sac Downtown is a thriving center of activity, featuring a mix of high-rise apartments, trendy lofts, and classic Victorian homes. Residents enjoy easy access to an array of amenities, including eclectic restaurants, art galleries, and lively entertainment venues. Meanwhile, Midtown boasts a more laid-back vibe, with tree-lined streets, boutique shops, and local farmers' markets that highlight the area’s commitment to sustainability and community spirit.

One of the standout features of homes in this region is their diverse utility offerings. Many properties come equipped with advanced utility features, including energy-efficient appliances, solar panels, and smart home technology, ensuring a sustainable lifestyle without sacrificing comfort. Whether you're seeking a chic urban condo or a charming historic residence, you’ll find homes that cater to modern needs while preserving the character of the neighborhood.

Living in Sac Downtown/Midtown means embracing a vibrant lifestyle filled with cultural events, outdoor activities, and a strong sense of community. With its excellent public transportation options and proximity to major highways, commuting to other parts of Sacramento or beyond is a breeze.

Explore the possibilities of calling this dynamic region home, where every day offers new adventures and opportunities to connect with the pulse of the city. Your dream home awaits in Sacramento's Downtown and Midtown!

Newest Sac Downtown/Midtown Homes with Other Utility Features

2116 K Street, Sacramento
$4,300,000
226116724 MLS
2114 K Street, 2116 K Street, and 2119 L Street is a three-property portfolio in the heart of Midtown, Sacramento that is offered for sale together as a triple net leased investment. 2114 and 2116 K Street are contiguous single-story office buildings that are connected via interior opening and measure 9,600 rentable square feet total. 2119 L Street, which is located across the alley from the buildings, is a separate 6,400 square foot parking lot featuring 20 parking stalls. The Property is 100% leased to Wilcoxen Callaham, LLP (Wilcoxen''), a personal injury and malpractice law firm, which was founded in Sacramento in 1979 and has continuous occupied the Property for over 47 years. Wilcoxen recently extended the lease term for the entire Property through July 31, 2031, thus a new owner will inherit a nearly five-year term at closing. The lease is a traditional triple net structure whereby Wilcoxen reimburses the ownership for all operating expenses and nearly all maintenance and repair to the Property in addition to the base rent, janitorial, and utility expenses. Wilcoxen currently pays $2.15 per square foot, triple net, for 9,600 total square with 10 free parking stalls immediately behind 2116 K Street. Wilcoxen pays $2,222 per month for the 20 additional parking stalls located at 2119 L Street. Wilcoxen has one 3-year option to extend the lease through July 2034 with 3% annual rent increases. The current net operating income is $274,346 with Wilcoxen paying its pro-rata share of operating expenses (including property tax increases) in addition to the base rent. The Property is offered for $4,300,000 which equates to a 6.38% capitalization rate in the first year. Over the remaining 5 years of the firm term, the average annual return is approximately 6.77%. If Wilcoxen exercises its three-year extension option, thereby extending the term to 2034, the average annual return over eight years is approximately 7.12%. The property is in the heart of Midtown, just two blocks from the MARRS Building, Midtown Farmer's Market, Temple Coffee at 22K and countless other amenities.

2116 K Street, Sacramento

Listing courtesy of Ken Turton, Broker.

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All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2026 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .

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