1304-1306 19th St - Office/Residential FOR SALE


Sacramento, CA 95811- Midtown Sacramento | 
$1,350,000 USD
916-730-3846
1304-1306 19th St, Sacramento, CA for Sale
$1,350,000 USD
Office/Residential - FOR SALE
1/29
null | 5.02% Cap Rate

1304-1306 19th St
Sacramento, CA 95811
Midtown Sacramento


HIGHLIGHTS

  • 2014 Construction. Prime Midtown Location. Mixed - Use Investment. Two spacious residential units. Finished 950 sq ft street - level commercial space.

OVERVIEW

Midtown Sacramento Mixed-Use Investment Property | Built in 2014 Add newer construction and mixed-use income potential to your portfolio in the heart of Midtown Sacramento. Built in 2014, this three-story investment property combines a ground-floor commercial space with two spacious residential units above. Each residential unit offers approximately 1,150 square feet, 2 bedrooms, 1 bathroom, and a large private balcony. Open-concept layouts, central HVAC, granite countertops, stainless steel appliances, and premium finishes create an appealing rental experience in a desirable urban location. The approximately 1,064-square-foot commercial space offers potential for retail use, subject to applicable approvals, complementing the residential rentals with an additional income source. Modern building features include zonal fire sprinklers, added insulation, dual-pane windows, and fire-resistant siding. Compared with many older properties in the surrounding neighborhood, the building’s newer construction may help reduce near-term maintenance and capital improvement needs. It appears these residential units qualify for an exemption from applicable state rent restrictions. With spacious residences, commercial income potential, and a central Midtown location, this Sacramento mixed-use property offers a compelling opportunity for investors seeking a newer asset in an established urban neighborhood. . PRO FORMA RENTAL INCOME: Residential units projected at $2,650 each per month, with commercial space projected at $2,850 per month, generating potential gross rental income of $8,150 monthly or $97,800 annually. One residential unit is currently rented for $2,310 per month. Pro forma rents are estimates and are not guaranteed. An opportunity to own a modern mixed-use income property in one of Sacramento’s established urban neighborhoods! Click on these links or copy and paste them into your browser to see Matterport 3D floor plans, etc. T https://my.matterport.com/show/?m=tSx2CLdd27V https://my.matterport.com/show/?m=tSx2CLdd27V https://my.matterport.com/show/?m=tSx2CLdd27V

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$1,421 USD /SF

CAP RATE

5.02%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,988 SF

ZONING

C-2-NC

APN/PARCEL ID

007-0142-011

ASK ABOUT THIS PROPERTY

Ron BenningRon BenningMore Info
916-730-3846

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Ron BenningRon BenningMore Info
916-730-3846

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.