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$3,995,000
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.

$1,725,000
4,301 SqFt. 226051114 MLS
Absolutely unique Historic triplex; The largest individual living quarters you'll see in a historic multi-family property. Plus subdivided buildable/sellable back lot. Plus outstanding location in prime Boulevard Park quarter of Midtown. Triplex on alley-deep lot. Over 4300 square-feet of total living space with wood floors and historic finishes. Onsite parking for up to 4 cars. Entire upstairs is one large flat, approx 2200 square-ft. 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 a new owner who chooses to build on the subdivided back parcel, either upscale town-homes or a new Carriage House with 3-4 car garage at ground level and large living quarters on 2nd floor. A new owner might profitably choose to sell the back parcel separately, either developed or undeveloped. Consult your Architect or City Planning for options. New Roof and new Electric panel in 2024. Other updated electrical, plumbing and recently new water heaters. Full-footprint basement 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
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. This value-add opportunity is ideal for investors, contractors, owner-occupants, or 1031 exchange buyers looking to restore a classic property while building equity. Featuring three units, with two currently occupied and one vacant, the property offers immediate rental income and significant upside through renovations and future rent growth. Original built-ins, high ceilings, and vintage architectural details provide the perfect foundation for a thoughtful restoration. Located just minutes from the Railyards, Sacramento State's new downtown campus, the State Capitol, restaurants, and entertainment, this is an opportunity to invest in one of Sacramento's most exciting growth corridors. Whether you're looking to renovate, reposition, or create long-term value, this property offers the location, character, and potential to make it happen.

1505 E Street, Sacramento

Listing courtesy of Windermere Signature Properties Downtown.

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