Look no further for the chance to own an incredible investment opportunity in the prestigious Capitol Mansions neighborhood of Midtown. This pride of ownership asset consists of 2 residential structures, 2220 Capitol Ave. & 2221 Matsui Alley, with a primary 4 bed, 2.5 bath unit and three additional rental units that generated approximately $76,000 gross income in 2024. The primary unit at 2220 Capitol has retained its historic craftsman charm while boasting extensive renovations made in 2016, and hosts exquisite features such as pocket doors, a cozy breakfast nook, luxury kitchen, wine fridge, custom glass work, and stunning Lumens light fixtures throughout. The attached lower-level units include a studio and a 1bd/1ba unit with shared entryway & laundry room. These units may be used as income generating Airbnb's, or as an office or in law quarters within the primary unit. The backyard provides a peaceful oasis with low maintenance landscaping, fountain, garden lighting, plenty of patio space, and access to 2221 Matsui Alley, a 3-car garage with a second story 1bd/1.5ba luxury ADU that generates very strong rental demand. This is a rare opportunity to live in luxury while using rental income to offset your mortgage!
Active
Price cut: $50K (7/14)
$2,250,000
2220 Capitol Ave, Sacramento, CA 95816
5beds
4,381sqft
Est.:
Multi Family, Single Family Residence
Built in 1907
6,534 Square Feet Lot
$2,054,200 Zestimate®
$514/sqft
$-- HOA
What's special
Historic craftsman charmWine fridgeLuxury kitchenStunning lumens light fixturesPeaceful oasisPocket doorsGarden lighting
- 89 days
- on Zillow |
- 1,277 |
- 59 |
Zillow last checked: 7 hours ago
Listing updated: July 15, 2025 at 03:53pm
Listed by:
Jack Scurfield DRE #02127988 916-281-6337,
Ken Turton, Broker
Source: MetroList Services of CA,MLS#: 225062149Originating MLS: MetroList Services, Inc.
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- Partial bathrooms: 1
Primary bedroom
- Features: Closet
Primary bathroom
- Features: Shower Stall(s), Double Vanity, Soaking Tub, Tile, Window
Dining room
- Features: Breakfast Nook, Formal Room, Dining/Living Combo, Formal Area, Other
Kitchen
- Features: Breakfast Room, Ceramic Counter, Granite Counters, Kitchen Island
Heating
- Central, MultiUnits
Cooling
- Central Air, Multi Units
Appliances
- Included: Free-Standing Gas Oven, Free-Standing Gas Range, Built-In Freezer, Built-In Refrigerator, Range Hood, Dishwasher, Disposal, Microwave, Wine Refrigerator, Dryer, Washer
- Laundry: Upper Level
Features
- Flooring: Concrete, Tile, Wood
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total interior livable area: 4,381 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Alley Access, Garage Faces Rear
- Garage spaces: 3
Features
- Stories: 3
- Fencing: Back Yard,Fenced,Wood
Lot
- Size: 6,534 Square Feet
- Features: Auto Sprinkler F&R, Garden, Landscape Back, Landscaped, Low Maintenance
Details
- Additional structures: Other
- Parcel number: 00701540080000
- Zoning description: R-3A-SPD
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subtype: Multi Family, Single Family Residence
- Attached to another structure: Yes
Materials
- Concrete, Stucco, Wood
- Foundation: Concrete
- Roof: Shingle,Composition
Condition
- Year built: 1907
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Public, Electric, Natural Gas Connected
Community & HOA
Location
- Region: Sacramento
Financial & listing details
- Price per square foot: $514/sqft
- Tax assessed value: $1,016,401
- Annual tax amount: $12,309
- Price range: $2.3M - $2.3M
- Date on market: 5/14/2025
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