1412 F St - Apartments FOR SALE


Sacramento, CA 95814- Mansion Flats
$1,195,000 USD
916-224-9808
1412 F St, Sacramento, CA for Sale
$1,195,000 USD
Apartments - FOR SALE
1/16
null | 5.86% Cap Rate

1412 F St
Sacramento, CA 95814
Mansion Flats


HIGHLIGHTS

  • Fourplex – 75% Two-bedroom units
  • Built in 1914 with interior updates
  • Garages generate additional income
  • RUBS program has been implemented
  • Stainless steel appliances in all units
  • Wood laminate flooring throughout

OVERVIEW

The subject property is a well-maintained fourplex located at 1412 F Street in Downtown Sacramento, within the desirable Mansion Flats district. Originally constructed in 1914, the property blends historic character with modern upgrades. The asset consists of four units, including three two-bedroom/one-bath units and one one-bedroom/one-bath unit. The front structure is a two-story building featuring stucco and wood-frame construction, while the rear structure is a single-story wood-frame building with wood siding. The property also includes four detached garages, currently leased for storage, providing an additional income stream. Recent interior improvements enhance the overall appeal of the units. Three units have been updated with new kitchen cabinets and countertops, and all units feature stainless steel appliances. Bathroom upgrades include modernized vanities, with three units offering tiled shower/tub combinations and one unit featuring a newly installed shower surround. Wood laminate flooring runs throughout all units, contributing to a clean, contemporary aesthetic. Tenants benefit from practical amenities, including on-site laundry facilities, wall heating and air conditioning, and gas stoves. Residents are responsible for their own gas and electricity usage, and a Ratio Utility Billing System (RUBS) has been implemented to allocate common area utility expenses efficiently. Situated just north of the California State Capitol, the property enjoys a prime urban location within close proximity to major downtown attractions, including the Golden 1 Center and Downtown Commons (DOCO). The neighborhood is known for its blend of 19th-century architecture and modern urban living, attracting a diverse tenant base of working professionals seeking a walkable lifestyle in Sacramento’s urban core. Residents enjoy convenient access to nightlife, dining, theaters, government offices, and cultural venues. The nearby Governor’s Mansion State Historic Park further enhances the neighborhood’s historic charm. Overall, this location offers immediate connectivity to the Sacramento Central Business District, making it highly desirable for both residents and investors.

FOR SALE DETAILS

PRICE

$1,195,000 USD

PRICE/SF

$460 USD /SF

# OF UNITS

4

PRICE/UNIT

$298,750

CAP RATE

5.86%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1914

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

R-3A-SPD

APN/PARCEL ID

002-0165-006

ASK ABOUT THIS PROPERTY

Aaron FrederickColliersMore Info
916-224-9808

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Aaron FrederickColliersMore Info
916-224-9808

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