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$3,995,000

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.

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.

$1,679,000

Unique Historic triplex; The largest individual living quarters you'll see in a historic multi-family property. Buildable, subdivided back parcel included. Outstanding Midtown location in prime Boulevard Park quarter, on alley-deep lot. Over 4300 square-feet of updated living space with high ceilings, wood floors, historic finishes and great natural light. Onsite parking for up to 4 cars. Entire upstairs is one large flat, approx 2200 square-ft. Triplex to be sold, together, with 2220 Government Aly (parcel 003-0184-025-0000). Front and back parcels together are 160' deep, curb to alley. Added value is projected for an owner who wants to build on the subdivided back parcel, either upscale town-homes or Carriage House with 3-4 car garage at ground level and large living quarters on 2nd and 3rd floors. The subdivided back parcel can be sold separately, either developed or undeveloped. Consult your Architect or City Planning for options. New Roof and new Electric panel in 2024. Updated electrical & plumbing. New, recently installed water heaters. Full-footprint basement is walkable, has approximately 6'6 ceilings with potential for added income or storage.

4,301 SqFt. ⋅ 226051114 MLS

Unique Historic triplex; The largest individual living quarters you'll see in a historic multi-family property. Buildable, subdivided back parcel included. Outstanding Midtown location in prime Boulevard Park quarter, on alley-deep lot. Over 4300 square-feet of updated living space with high ceilings, wood floors, historic finishes and great natural light. Onsite parking for up to 4 cars. Entire upstairs is one large flat, approx 2200 square-ft. Triplex to be sold, together, with 2220 Government Aly (parcel 003-0184-025-0000). Front and back parcels together are 160' deep, curb to alley. Added value is projected for an owner who wants to build on the subdivided back parcel, either upscale town-homes or Carriage House with 3-4 car garage at ground level and large living quarters on 2nd and 3rd floors. The subdivided back parcel can be sold separately, either developed or undeveloped. Consult your Architect or City Planning for options. New Roof and new Electric panel in 2024. Updated electrical & plumbing. New, recently installed water heaters. Full-footprint basement is walkable, has approximately 6'6 ceilings with potential for added income or storage.

2219 H Street, Sacramento

Listing courtesy of RE/MAX Gold Midtown.

$715,000

Major Price Improvement Now Offered at $715,000! Bring your vision and unlock the potential of this historic 1900 triplex in Sacramento's sought-after Mansion Flats neighborhood. Now fully occupied and generating $4,470 per month / $53,640 annually in gross rental income, this value-add opportunity is ideal for investors, contractors, or 1031 exchange buyers looking for immediate income with future upside. Current rents are Unit A: $1,425/month, Unit B: $1,050/month, and Unit C: $1,995/month. Original built-ins, high ceilings and vintage architectural details provide the foundation for a thoughtful restoration, while future improvements offer an opportunity to enhance the property's long-term value. Located just minutes from the Railyards, Sacramento State's new downtown campus, the State Capitol, restaurants and entertainment, this property offers a compelling combination of location, character and income potential. Whether you're looking to renovate, reposition or hold as a long-term investment, this fully occupied triplex presents a unique opportunity in Sacramento's central city.

2,336 SqFt. ⋅ 226036269 MLS

Major Price Improvement Now Offered at $715,000! Bring your vision and unlock the potential of this historic 1900 triplex in Sacramento's sought-after Mansion Flats neighborhood. Now fully occupied and generating $4,470 per month / $53,640 annually in gross rental income, this value-add opportunity is ideal for investors, contractors, or 1031 exchange buyers looking for immediate income with future upside. Current rents are Unit A: $1,425/month, Unit B: $1,050/month, and Unit C: $1,995/month. Original built-ins, high ceilings and vintage architectural details provide the foundation for a thoughtful restoration, while future improvements offer an opportunity to enhance the property's long-term value. Located just minutes from the Railyards, Sacramento State's new downtown campus, the State Capitol, restaurants and entertainment, this property offers a compelling combination of location, character and income potential. Whether you're looking to renovate, reposition or hold as a long-term investment, this fully occupied triplex presents a unique opportunity in Sacramento's central city.

1505 E Street, Sacramento

Listing courtesy of Windermere Signature Properties Downtown.