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Sold for $2,900,000 on 01/31/23
  • $2,900,000

    524-530 12th St, Sacramento, CA 95814

    4beds
    4baths
    450sqft
    SingleFamily
    Built in 1890
    6,969 Square Feet Lot
    $2,829,400 Zestimate®
    $6,444/sqft
    $3,173 Estimated rent

    What's special

    524-530 12th Street is a beautifully appointed, 9,208-square-foot mixed-use asset ideally located in Downtown Sacramento's Alkali Flats neighborhood. Constructed in 1890 on a premier 0.15-acre parcel and fully renovated in 2007, the property features three retail spaces on the first floor and seven multi-family units on the second floor. All three commercial spaces are leased to internet-resistant tenants, including a boutique spa and salon, a Thai food restaurant, and a holistic skincare salon, providing excellent synergy with the residential tenants. The multi-family portion of the property extends a secure, private entrance for residents. Each meticulously designed unit offers one-bedroom and one-bathroom and is equipped with new maple cabinets, stainless steel appliances, laminate floors, and giant bay windows facing 12th Street and F Street. 524-530 12th Street presents a prime investment opportunity for a new owner to benefit from a completely remodeled asset with historically strong occupancy. Value-add potential exists through future rent escalations upon lease expirations. Approximately 58% of households are renter occupied, and 65% of households are one- and two-person occupied, signifying strong residential demand for small rental units in the immediate area.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • Other
    Features
    • Flooring: Laminate
    Interior area
    • Total interior livable area: 450 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Offsite
    Features
    • Exterior features: Wood
    Lot
    • Size: 6,969 sqft

    Construction

    Type & style
    • Home type: SingleFamily
    Condition
    • Year built: 1890

    Community & neighborhood

    Location
    • Region: Sacramento
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $2,829,400

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $2,829,400